| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.0B | $3.1B | $2.8B | -2.8% | 4.8% |
| Op. Income | $653M | $669M | $510M | -2.4% | 28.0% |
| Gross Margin | 60.5% | 60.2% | 57.9% | 0.3pp | 2.7pp |
| Net Margin | 17.7% | 17.3% | 14.7% | 0.4pp | 2.9pp |
| EPS (Diluted) | $0.34 | $0.34 | $0.26 | 0.0% | 30.8% |
| Free Cash Flow | $459M | $1.5B | $450M | -68.5% | 2.0% |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $29M |
| General & Administrative | $708M |
| SG&A Expenses | $737M |
| Other Expenses | $415M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | $653M |
| Interest Income | $2.5B |
| Interest Expense | $1.1B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $653M |
| Income Tax Expense | $122M |
| Net Income from Continuing Ops | $531M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $527M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $500M |
| D&A | $209M |
| EBIT | $653M |
| EBITDA | $862M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $29M |
| General & Administrative | $708M |
| SG&A Expenses | $737M |
| Other Expenses | $415M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | $653M |
| Interest Income | $2.5B |
| Interest Expense | $1.1B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $653M |
| Income Tax Expense | $122M |
| Net Income from Continuing Ops | $531M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $527M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $500M |
| D&A | $209M |
| EBIT | $653M |
| EBITDA | $862M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $531M |
| Depreciation & Amortization | $209M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | -$25M |
| Other Non-Cash Items | $119M |
| Change in Working Capital | -$342M |
| OPERATING CASH FLOW | $513M |
| Capital Expenditure | -$54M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.2B |
| Sales/Maturities of Investments | $2.1B |
| Other Investing Activities | -$2.0B |
| NET CASH FROM INVESTING | -$2.1B |
| Net Debt Issuance | $1.5B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$226M |
| Other Financing Activities | $2.9B |
| NET CASH FROM FINANCING | $4.1B |
| FREE CASH FLOW | $459M |
| Net Change in Cash | $2.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15.9B |
| Short-Term Investments | $3.3B |
| Net Receivables | $7.1B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $26.3B |
| PP&E (Net) | $1.1B |
| Goodwill | $5.6B |
| Intangible Assets | $656M |
| Long-Term Investments | $166.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $9.6B |
| TOTAL NON-CURRENT ASSETS | $183.3B |
| TOTAL ASSETS | $209.6B |
| Account Payables | $0 |
| Short-Term Debt | $664M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $165.3B |
| TOTAL CURRENT LIABILITIES | $166.0B |
| Long-Term Debt | $18.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.0B |
| TOTAL NON-CURRENT LIABILITIES | $23.1B |
| TOTAL LIABILITIES | $189.1B |
| Common Stock | $15M |
| Additional Paid-In Capital | $15.5B |
| Retained Earnings | $5.5B |
| Treasury Stock | -$90M |
| Accum. Other Comp. Income | -$2.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20.4B |
| Minority Interest | $52M |
| TOTAL EQUITY | $20.5B |
| TOTAL LIABILITIES & EQUITY | $209.6B |
| Total Debt | $18.8B |
| Net Debt | $2.8B |
