| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $33.9B | $34.6B | $36.6B | -2.1% | -7.6% |
| Op. Income | $9.5B | $2.3B | $12.7B | 316.5% | -25.0% |
| Gross Margin | 52.4% | 48.5% | 46.5% | 4.0pp | 5.9pp |
| Net Margin | 21.6% | 1.0% | 28.9% | 20.6pp | -7.3pp |
| EPS (Diluted) | $1.95 | $0.06 | $2.70 | 3445.5% | -27.8% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $33.9B |
| Cost of Revenue | $16.1B |
| GROSS PROFIT | $17.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $8.3B |
| Operating Expenses | $8.3B |
| Cost & Expenses | $24.4B |
| OPERATING INCOME | $9.5B |
| Interest Income | $24.4B |
| Interest Expense | $16.1B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9.5B |
| Income Tax Expense | $1.9B |
| Net Income from Continuing Ops | $7.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6.9B |
| D&A | $613M |
| EBIT | $9.5B |
| EBITDA | $10.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $33.9B |
| Cost of Revenue | $16.1B |
| GROSS PROFIT | $17.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $8.3B |
| Operating Expenses | $8.3B |
| Cost & Expenses | $24.4B |
| OPERATING INCOME | $9.5B |
| Interest Income | $24.4B |
| Interest Expense | $16.1B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $9.5B |
| Income Tax Expense | $1.9B |
| Net Income from Continuing Ops | $7.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6.9B |
| D&A | $613M |
| EBIT | $9.5B |
| EBITDA | $10.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $7.3B |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$7.3B |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $254.7B |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $254.7B |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $12.4B |
| Long-Term Investments | $1.2T |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.6T |
| TOTAL NON-CURRENT ASSETS | $2.8T |
| TOTAL ASSETS | $3.1T |
| Account Payables | $0 |
| Short-Term Debt | $198.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$349.4B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $474.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.4T |
| TOTAL NON-CURRENT LIABILITIES | $2.9T |
| TOTAL LIABILITIES | $2.9T |
| Common Stock | $8.9B |
| Additional Paid-In Capital | $14.9B |
| Retained Earnings | $156.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $10.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $190.8B |
| Minority Interest | $7.3B |
| TOTAL EQUITY | $198.1B |
| TOTAL LIABILITIES & EQUITY | $3.1T |
| Total Debt | $404.9B |
| Net Debt | $219.9B |
