| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.7B | $3.0B | $2.8B | -9.0% | -2.5% |
| Op. Income | $161M | $110M | $154M | 46.4% | 4.5% |
| Gross Margin | 14.4% | 10.7% | 13.4% | 3.7pp | 1.0pp |
| Net Margin | 5.4% | 4.1% | 5.5% | 1.4pp | -0.0pp |
| EPS (Diluted) | $3.79 | $3.15 | $3.87 | 20.3% | -2.1% |
| Free Cash Flow | -$462M | $277M | -$277M | -266.8% | -66.8% |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $394M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $246M |
| SG&A Expenses | $246M |
| Other Expenses | -$13M |
| Operating Expenses | $233M |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $161M |
| Interest Income | $0 |
| Interest Expense | $28M |
| Other Income/Expenses | $26M |
| INCOME BEFORE TAX | $187M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $149M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $149M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $149M |
| D&A | $79M |
| EBIT | $215M |
| EBITDA | $294M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $394M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $246M |
| SG&A Expenses | $246M |
| Other Expenses | -$13M |
| Operating Expenses | $233M |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $161M |
| Interest Income | $0 |
| Interest Expense | $28M |
| Other Income/Expenses | $26M |
| INCOME BEFORE TAX | $187M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $149M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $149M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $149M |
| D&A | $79M |
| EBIT | $215M |
| EBITDA | $294M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $149M |
| Depreciation & Amortization | $79M |
| Stock-Based Compensation | $24M |
| Deferred Income Tax | -$11M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$636M |
| OPERATING CASH FLOW | -$395M |
| Capital Expenditure | -$67M |
| Acquisitions (Net) | -$133M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$66M |
| NET CASH FROM INVESTING | -$199M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$14M |
| Common Dividends Paid | -$53M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$70M |
| FREE CASH FLOW | -$462M |
| Net Change in Cash | -$664M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $167M |
| Short-Term Investments | $0 |
| Net Receivables | $2.6B |
| Inventory | $215M |
| Other Current Assets | $105M |
| TOTAL CURRENT ASSETS | $3.0B |
| PP&E (Net) | $3.8B |
| Goodwill | $2.7B |
| Intangible Assets | $757M |
| Long-Term Investments | $234M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.6B |
| TOTAL NON-CURRENT ASSETS | $9.1B |
| TOTAL ASSETS | $12.1B |
| Account Payables | $602M |
| Short-Term Debt | $503M |
| Deferred Revenue | $647M |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $2.9B |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $367M |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $4.5B |
| TOTAL LIABILITIES | $7.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | $5.2B |
| Treasury Stock | -$2.4B |
| Accum. Other Comp. Income | -$27M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.8B |
| TOTAL LIABILITIES & EQUITY | $12.1B |
| Total Debt | $3.4B |
| Net Debt | $3.2B |
