| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.7B | $1.5B | -10.6% | 4.2% |
| Op. Income | $278M | $318M | $274M | -12.5% | 1.5% |
| Gross Margin | 69.0% | 66.5% | 68.8% | 2.6pp | 0.2pp |
| Net Margin | 13.7% | 23.2% | 14.3% | -9.5pp | -0.5pp |
| EPS (Diluted) | $2.71 | $5.11 | $2.67 | -47.0% | 1.5% |
| Free Cash Flow | $288M | $311M | $166M | -7.5% | 73.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $475M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $730M |
| Other Expenses | $51M |
| Operating Expenses | $781M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $278M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $267M |
| Income Tax Expense | $56M |
| Net Income from Continuing Ops | $211M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $211M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $211M |
| D&A | $51M |
| EBIT | $280M |
| EBITDA | $331M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $475M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $730M |
| Other Expenses | $51M |
| Operating Expenses | $781M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $278M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $267M |
| Income Tax Expense | $56M |
| Net Income from Continuing Ops | $211M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $211M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $211M |
| D&A | $51M |
| EBIT | $280M |
| EBITDA | $331M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $211M |
| Depreciation & Amortization | $51M |
| Stock-Based Compensation | $50M |
| Deferred Income Tax | -$30M |
| Other Non-Cash Items | $19M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $314M |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$163M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | -$153M |
| FREE CASH FLOW | $288M |
| Net Change in Cash | $158M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.1B |
| Short-Term Investments | $0 |
| Net Receivables | $1.5B |
| Inventory | $0 |
| Other Current Assets | $537M |
| TOTAL CURRENT ASSETS | $4.1B |
| PP&E (Net) | $496M |
| Goodwill | $2.9B |
| Intangible Assets | $392M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $527M |
| TOTAL NON-CURRENT ASSETS | $4.3B |
| TOTAL ASSETS | $8.5B |
| Account Payables | $771M |
| Short-Term Debt | $98M |
| Deferred Revenue | $2.9B |
| Other Current Liabilities | $14.0K |
| TOTAL CURRENT LIABILITIES | $3.8B |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $405M |
| TOTAL NON-CURRENT LIABILITIES | $3.2B |
| TOTAL LIABILITIES | $7.0B |
| Common Stock | $82.0K |
| Additional Paid-In Capital | $2.6B |
| Retained Earnings | $6.2B |
| Treasury Stock | -$7.2B |
| Accum. Other Comp. Income | -$68M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $8.5B |
| Total Debt | $2.9B |
| Net Debt | $793M |
