| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.0B | $7.0B | $8.4B | 0.4% | -16.6% |
| Op. Income | $197M | $318M | $303M | -38.1% | -35.0% |
| Gross Margin | 8.7% | 9.5% | 9.2% | -0.9pp | -0.6pp |
| Net Margin | 1.4% | 2.0% | 2.3% | -0.6pp | -0.9pp |
| EPS (Diluted) | $0.88 | $1.18 | $1.47 | -25.4% | -40.1% |
| Free Cash Flow | $215M | $411M | $160M | -47.7% | 34.4% |
| Item | Amount |
|---|---|
| REVENUE | $7.0B |
| Cost of Revenue | $6.4B |
| GROSS PROFIT | $606M |
| R&D Expenses | $8M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $305M |
| Other Expenses | $96M |
| Operating Expenses | $409M |
| Cost & Expenses | $6.8B |
| OPERATING INCOME | $197M |
| Interest Income | $0 |
| Interest Expense | $38M |
| Other Income/Expenses | -$58M |
| INCOME BEFORE TAX | $139M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $100M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $100M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $100M |
| D&A | $182M |
| EBIT | $177M |
| EBITDA | $359M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $7.0B |
| Cost of Revenue | $6.4B |
| GROSS PROFIT | $606M |
| R&D Expenses | $8M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $305M |
| Other Expenses | $96M |
| Operating Expenses | $409M |
| Cost & Expenses | $6.8B |
| OPERATING INCOME | $197M |
| Interest Income | $0 |
| Interest Expense | $38M |
| Other Income/Expenses | -$58M |
| INCOME BEFORE TAX | $139M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $100M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $100M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $100M |
| D&A | $182M |
| EBIT | $177M |
| EBITDA | $359M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $100M |
| Depreciation & Amortization | $182M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $30M |
| OPERATING CASH FLOW | $312M |
| Capital Expenditure | -$97M |
| Acquisitions (Net) | -$52M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $13M |
| NET CASH FROM INVESTING | -$136M |
| Net Debt Issuance | -$30M |
| Common Stock Repurchased | -$232M |
| Common Dividends Paid | -$10M |
| Other Financing Activities | -$40M |
| NET CASH FROM FINANCING | -$312M |
| FREE CASH FLOW | $215M |
| Net Change in Cash | -$143M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.1B |
| Short-Term Investments | $0 |
| Net Receivables | $4.8B |
| Inventory | $4.3B |
| Other Current Assets | $2.0B |
| TOTAL CURRENT ASSETS | $13.2B |
| PP&E (Net) | $3.3B |
| Goodwill | $670M |
| Intangible Assets | $168M |
| Long-Term Investments | $0 |
| Tax Assets | $125M |
| Other Non-Current Assets | $280M |
| TOTAL NON-CURRENT ASSETS | $4.5B |
| TOTAL ASSETS | $17.8B |
| Account Payables | $6.9B |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.1B |
| Other Current Liabilities | $649M |
| TOTAL CURRENT LIABILITIES | $12.4B |
| Long-Term Debt | $2.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $139M |
| Other Non-Current Liabilities | $419M |
| TOTAL NON-CURRENT LIABILITIES | $3.7B |
| TOTAL LIABILITIES | $16.2B |
| Common Stock | $0 |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | $5.9B |
| Treasury Stock | -$7.2B |
| Accum. Other Comp. Income | -$52M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $17.8B |
| Total Debt | $3.3B |
| Net Debt | $1.2B |
