| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.9B | $5.8B | $5.8B | 1.7% | 1.4% |
| Op. Income | $343M | $249M | $403M | 37.6% | -14.9% |
| Gross Margin | 37.1% | 35.9% | 35.9% | 1.2pp | 1.2pp |
| Net Margin | 3.3% | 2.3% | 4.3% | 1.0pp | -1.0pp |
| EPS (Diluted) | $1.40 | $0.96 | $1.78 | 45.8% | -21.3% |
| Free Cash Flow | -$161M | -$27M | $203M | -501.2% | -179.3% |
| Item | Amount |
|---|---|
| REVENUE | $5.9B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.7B |
| Other Expenses | $121M |
| Operating Expenses | $1.8B |
| Cost & Expenses | $5.5B |
| OPERATING INCOME | $343M |
| Interest Income | $0 |
| Interest Expense | $37M |
| Other Income/Expenses | -$91M |
| INCOME BEFORE TAX | $252M |
| Income Tax Expense | $57M |
| Net Income from Continuing Ops | $194M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $194M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $194M |
| D&A | $115M |
| EBIT | $289M |
| EBITDA | $404M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.9B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.7B |
| Other Expenses | $121M |
| Operating Expenses | $1.8B |
| Cost & Expenses | $5.5B |
| OPERATING INCOME | $343M |
| Interest Income | $0 |
| Interest Expense | $37M |
| Other Income/Expenses | -$91M |
| INCOME BEFORE TAX | $252M |
| Income Tax Expense | $57M |
| Net Income from Continuing Ops | $194M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $194M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $194M |
| D&A | $115M |
| EBIT | $289M |
| EBITDA | $404M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $194M |
| Depreciation & Amortization | $115M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$182.0K |
| Change in Working Capital | -$359M |
| OPERATING CASH FLOW | -$41M |
| Capital Expenditure | -$120M |
| Acquisitions (Net) | -$74M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $39M |
| NET CASH FROM INVESTING | -$155M |
| Net Debt Issuance | $270M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$134M |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | $129M |
| FREE CASH FLOW | -$161M |
| Net Change in Cash | -$60M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $420M |
| Short-Term Investments | $0 |
| Net Receivables | $3.5B |
| Inventory | $5.6B |
| Other Current Assets | $520M |
| TOTAL CURRENT ASSETS | $10.2B |
| PP&E (Net) | $3.8B |
| Goodwill | $3.0B |
| Intangible Assets | $1.8B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $961M |
| TOTAL NON-CURRENT ASSETS | $9.6B |
| TOTAL ASSETS | $19.8B |
| Account Payables | $6.0B |
| Short-Term Debt | $814M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.9B |
| TOTAL CURRENT LIABILITIES | $8.9B |
| Long-Term Debt | $3.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $428M |
| Other Non-Current Liabilities | $752M |
| TOTAL NON-CURRENT LIABILITIES | $6.5B |
| TOTAL LIABILITIES | $15.4B |
| Common Stock | $139M |
| Additional Paid-In Capital | $205M |
| Retained Earnings | $5.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.4B |
| Minority Interest | $15M |
| TOTAL EQUITY | $4.5B |
| TOTAL LIABILITIES & EQUITY | $19.8B |
| Total Debt | $6.1B |
| Net Debt | $5.7B |
