| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $988M | $1.0B | 3.4% | 0.9% |
| Op. Income | $230M | $230M | $198M | -0.1% | 15.9% |
| Gross Margin | 56.8% | 56.4% | 56.0% | 0.4pp | 0.8pp |
| Net Margin | 19.7% | 18.1% | 24.3% | 1.6pp | -4.7pp |
| EPS (Diluted) | $0.87 | $0.76 | $1.03 | 14.5% | -15.5% |
| Free Cash Flow | $142M | $337M | $182M | -57.7% | -21.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $441M |
| GROSS PROFIT | $581M |
| R&D Expenses | $60M |
| Selling & Marketing | $166M |
| General & Administrative | $116M |
| SG&A Expenses | $282M |
| Other Expenses | $9M |
| Operating Expenses | $351M |
| Cost & Expenses | $792M |
| OPERATING INCOME | $230M |
| Interest Income | $24M |
| Interest Expense | $31M |
| Other Income/Expenses | $18M |
| INCOME BEFORE TAX | $248M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $201M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $201M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $201M |
| D&A | $74M |
| EBIT | $278M |
| EBITDA | $352M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $441M |
| GROSS PROFIT | $581M |
| R&D Expenses | $60M |
| Selling & Marketing | $166M |
| General & Administrative | $116M |
| SG&A Expenses | $282M |
| Other Expenses | $9M |
| Operating Expenses | $351M |
| Cost & Expenses | $792M |
| OPERATING INCOME | $230M |
| Interest Income | $24M |
| Interest Expense | $31M |
| Other Income/Expenses | $18M |
| INCOME BEFORE TAX | $248M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $201M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $201M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $201M |
| D&A | $74M |
| EBIT | $278M |
| EBITDA | $352M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $201M |
| Depreciation & Amortization | $74M |
| Stock-Based Compensation | $30M |
| Deferred Income Tax | -$20M |
| Other Non-Cash Items | -$19M |
| Change in Working Capital | -$77M |
| OPERATING CASH FLOW | $189M |
| Capital Expenditure | -$47M |
| Acquisitions (Net) | -$300.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $32M |
| Other Investing Activities | -$39M |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | -$517M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | -$537M |
| FREE CASH FLOW | $142M |
| Net Change in Cash | -$378M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $191M |
| Net Receivables | $631M |
| Inventory | $707M |
| Other Current Assets | $158M |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $537M |
| Goodwill | $3.4B |
| Intangible Assets | $793M |
| Long-Term Investments | $48M |
| Tax Assets | $0 |
| Other Non-Current Assets | $434M |
| TOTAL NON-CURRENT ASSETS | $5.2B |
| TOTAL ASSETS | $8.7B |
| Account Payables | $237M |
| Short-Term Debt | $47M |
| Deferred Revenue | $188M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $12M |
| Deferred Tax Liabilities | $54M |
| Other Non-Current Liabilities | $397M |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $3M |
| Additional Paid-In Capital | $6.3B |
| Retained Earnings | $3.0B |
| Treasury Stock | -$4.4B |
| Accum. Other Comp. Income | -$163M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.8B |
| TOTAL LIABILITIES & EQUITY | $8.7B |
| Total Debt | $2.5B |
| Net Debt | $758M |
