| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.7B | $4.6B | $4.6B | 3.3% | 2.1% |
| Op. Income | $994M | $917M | $961M | 8.4% | 3.4% |
| Gross Margin | 30.9% | 29.5% | 30.5% | 1.4pp | 0.4pp |
| Net Margin | 16.2% | 21.0% | 15.7% | -4.8pp | 0.5pp |
| EPS (Diluted) | $0.18 | $0.23 | $0.17 | -21.7% | 5.9% |
| Free Cash Flow | $1.1B | $848M | $733M | 29.0% | 49.3% |
| Item | Amount |
|---|---|
| REVENUE | $4.7B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $232M |
| General & Administrative | $229M |
| SG&A Expenses | $461M |
| Other Expenses | $0 |
| Operating Expenses | $461M |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $994M |
| Interest Income | $80M |
| Interest Expense | $13M |
| Other Income/Expenses | $88M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $318M |
| Net Income from Continuing Ops | $764M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1M |
| NET INCOME | $763M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $763M |
| D&A | $86M |
| EBIT | $994M |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.7B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $232M |
| General & Administrative | $229M |
| SG&A Expenses | $461M |
| Other Expenses | $0 |
| Operating Expenses | $461M |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $994M |
| Interest Income | $80M |
| Interest Expense | $13M |
| Other Income/Expenses | $88M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $318M |
| Net Income from Continuing Ops | $764M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1M |
| NET INCOME | $763M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $763M |
| D&A | $86M |
| EBIT | $994M |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $763M |
| Depreciation & Amortization | $138M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $383M |
| Change in Working Capital | -$159M |
| OPERATING CASH FLOW | $1.1B |
| Capital Expenditure | -$56M |
| Acquisitions (Net) | -$15M |
| Purchases of Investments | -$2.6B |
| Sales/Maturities of Investments | $3.2B |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | $529M |
| Net Debt Issuance | -$69M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$14M |
| NET CASH FROM FINANCING | -$83M |
| FREE CASH FLOW | $1.1B |
| Net Change in Cash | $1.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.0B |
| Short-Term Investments | $1.1B |
| Net Receivables | $5.2B |
| Inventory | $0 |
| Other Current Assets | $3.3B |
| TOTAL CURRENT ASSETS | $11.5B |
| PP&E (Net) | $2.3B |
| Goodwill | $888M |
| Intangible Assets | $167M |
| Long-Term Investments | $1.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $5.8B |
| TOTAL ASSETS | $17.3B |
| Account Payables | $443M |
| Short-Term Debt | $0 |
| Deferred Revenue | $834M |
| Other Current Liabilities | $4.8B |
| TOTAL CURRENT LIABILITIES | $6.1B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $398.7K |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $441M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $7.3B |
| Common Stock | $325M |
| Additional Paid-In Capital | $448M |
| Retained Earnings | $13.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4.4B |
| Other Equity | $6M |
| TOTAL STOCKHOLDERS' EQUITY | $10.0B |
| Minority Interest | $42M |
| TOTAL EQUITY | $10.0B |
| TOTAL LIABILITIES & EQUITY | $17.3B |
| Total Debt | $740M |
| Net Debt | -$1.2B |
