| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.4B | $4.9B | $4.2B | -8.8% | 4.6% |
| Op. Income | $540M | $630M | $522M | -14.2% | 3.6% |
| Gross Margin | 41.3% | 40.6% | 40.9% | 0.7pp | 0.4pp |
| Net Margin | 12.2% | 16.3% | 9.3% | -4.1pp | 2.9pp |
| EPS (Diluted) | $0.47 | $0.69 | $0.34 | -31.4% | 39.9% |
| Free Cash Flow | $0 | $1.9B | $1.2B | -100.0% | -100.0% |
| Item | Amount |
|---|---|
| REVENUE | $4.4B |
| Cost of Revenue | $2.6B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $979M |
| Other Expenses | $313M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $3.9B |
| OPERATING INCOME | $540M |
| Interest Income | $520M |
| Interest Expense | $282M |
| Other Income/Expenses | $212M |
| INCOME BEFORE TAX | $753M |
| Income Tax Expense | $219M |
| Net Income from Continuing Ops | $534M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $543M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $543M |
| D&A | $570M |
| EBIT | $823M |
| EBITDA | $1.4B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.4B |
| Cost of Revenue | $2.6B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $979M |
| Other Expenses | $313M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $3.9B |
| OPERATING INCOME | $540M |
| Interest Income | $520M |
| Interest Expense | $282M |
| Other Income/Expenses | $212M |
| INCOME BEFORE TAX | $753M |
| Income Tax Expense | $219M |
| Net Income from Continuing Ops | $534M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $543M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $543M |
| D&A | $570M |
| EBIT | $823M |
| EBITDA | $1.4B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $543M |
| Depreciation & Amortization | $588M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1.1B |
| 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 | -$179M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.2B |
| Short-Term Investments | $0 |
| Net Receivables | $33.9B |
| Inventory | $1.4B |
| Other Current Assets | $1.0B |
| TOTAL CURRENT ASSETS | $42.5B |
| PP&E (Net) | $6.0B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $29.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $25.9B |
| TOTAL NON-CURRENT ASSETS | $60.9B |
| TOTAL ASSETS | $103.4B |
| Account Payables | $2.0B |
| Short-Term Debt | $4.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.4B |
| TOTAL CURRENT LIABILITIES | $9.5B |
| Long-Term Debt | $36.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $31.9B |
| TOTAL NON-CURRENT LIABILITIES | $67.9B |
| TOTAL LIABILITIES | $77.3B |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $20.6B |
| Treasury Stock | -$881M |
| Accum. Other Comp. Income | $3.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $25.5B |
| Minority Interest | $537M |
| TOTAL EQUITY | $26.1B |
| TOTAL LIABILITIES & EQUITY | $103.4B |
| Total Debt | $40.0B |
| Net Debt | $33.8B |
