| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $31.6B | $32.2B | $32.4B | -2.1% | -2.6% |
| Op. Income | $5.6B | $5.3B | $5.2B | 7.4% | 7.8% |
| Gross Margin | 46.8% | 41.9% | 42.9% | 4.9pp | 3.9pp |
| Net Margin | 15.0% | 12.8% | 12.8% | 2.3pp | 2.3pp |
| EPS (Diluted) | $14.12 | $11.95 | $11.58 | 18.2% | 21.9% |
| Free Cash Flow | -$37.7B | $46.2B | -$28.5B | -181.7% | -32.2% |
| Item | Amount |
|---|---|
| REVENUE | $31.6B |
| Cost of Revenue | $16.8B |
| GROSS PROFIT | $14.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $156M |
| General & Administrative | $4.9B |
| SG&A Expenses | $5.0B |
| Other Expenses | $4.1B |
| Operating Expenses | $9.1B |
| Cost & Expenses | $25.9B |
| OPERATING INCOME | $5.6B |
| Interest Income | $19.4B |
| Interest Expense | $16.5B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5.6B |
| Income Tax Expense | $909M |
| Net Income from Continuing Ops | $4.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.6B |
| D&A | $506M |
| EBIT | $5.6B |
| EBITDA | $6.2B |
| EPS | $14 |
| EPS Diluted | $14 |
| Item | Amount |
|---|---|
| REVENUE | $31.6B |
| Cost of Revenue | $16.8B |
| GROSS PROFIT | $14.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $156M |
| General & Administrative | $4.9B |
| SG&A Expenses | $5.0B |
| Other Expenses | $4.1B |
| Operating Expenses | $9.1B |
| Cost & Expenses | $25.9B |
| OPERATING INCOME | $5.6B |
| Interest Income | $19.4B |
| Interest Expense | $16.5B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5.6B |
| Income Tax Expense | $909M |
| Net Income from Continuing Ops | $4.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.6B |
| D&A | $506M |
| EBIT | $5.6B |
| EBITDA | $6.2B |
| EPS | $14 |
| EPS Diluted | $14 |
| Item | Amount |
|---|---|
| Net Income | $4.7B |
| Depreciation & Amortization | $506M |
| Stock-Based Compensation | $2.4B |
| Deferred Income Tax | $154M |
| Other Non-Cash Items | $287M |
| Change in Working Capital | -$45.3B |
| OPERATING CASH FLOW | -$37.2B |
| Capital Expenditure | -$499M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$39.4B |
| Sales/Maturities of Investments | $30.0B |
| Other Investing Activities | -$12.8B |
| NET CASH FROM INVESTING | -$22.7B |
| Net Debt Issuance | $11.0B |
| Common Stock Repurchased | -$4.4B |
| Common Dividends Paid | -$1.1B |
| Other Financing Activities | $35.4B |
| NET CASH FROM FINANCING | $42.8B |
| FREE CASH FLOW | -$37.7B |
| Net Change in Cash | -$14.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $167.4B |
| Short-Term Investments | $757.5B |
| Net Receivables | $182.4B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1T |
| PP&E (Net) | $9.9B |
| Goodwill | $5.9B |
| Intangible Assets | $854M |
| Long-Term Investments | $434.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $207.4B |
| TOTAL NON-CURRENT ASSETS | $658.9B |
| TOTAL ASSETS | $1.8T |
| Account Payables | $253.8B |
| Short-Term Debt | $338.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $630.7B |
| TOTAL CURRENT LIABILITIES | $1.2T |
| Long-Term Debt | $269.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $138.1B |
| TOTAL NON-CURRENT LIABILITIES | $409.8B |
| TOTAL LIABILITIES | $1.6T |
| Common Stock | $9M |
| Additional Paid-In Capital | $61.8B |
| Retained Earnings | $157.0B |
| Treasury Stock | -$112.8B |
| Accum. Other Comp. Income | -$2.1B |
| Other Equity | $5.2B |
| TOTAL STOCKHOLDERS' EQUITY | $124.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $124.3B |
| TOTAL LIABILITIES & EQUITY | $1.8T |
| Total Debt | $609.7B |
| Net Debt | $442.3B |
