| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23.0B | $23.5B | $18.0B | -2.2% | 28.0% |
| Op. Income | $1.0B | $1.1B | $721M | -8.6% | 44.1% |
| Gross Margin | 13.4% | 14.9% | 13.1% | -1.5pp | 0.3pp |
| Net Margin | 2.6% | 2.1% | 1.8% | 0.5pp | 0.7pp |
| EPS (Diluted) | $0.27 | $0.22 | $0.15 | 21.1% | 78.4% |
| Free Cash Flow | -$965M | $1.2B | -$518M | -181.1% | -86.1% |
| Item | Amount |
|---|---|
| REVENUE | $23.0B |
| Cost of Revenue | $19.9B |
| GROSS PROFIT | $3.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.2B |
| General & Administrative | $667M |
| SG&A Expenses | $1.9B |
| Other Expenses | $175M |
| Operating Expenses | $2.1B |
| Cost & Expenses | $22.0B |
| OPERATING INCOME | $1.0B |
| Interest Income | $193M |
| Interest Expense | $488M |
| Other Income/Expenses | -$222M |
| INCOME BEFORE TAX | $817M |
| Income Tax Expense | $162M |
| Net Income from Continuing Ops | $655M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $589M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $589M |
| D&A | $631M |
| EBIT | $1.3B |
| EBITDA | $1.9B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $23.0B |
| Cost of Revenue | $19.9B |
| GROSS PROFIT | $3.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.2B |
| General & Administrative | $667M |
| SG&A Expenses | $1.9B |
| Other Expenses | $175M |
| Operating Expenses | $2.1B |
| Cost & Expenses | $22.0B |
| OPERATING INCOME | $1.0B |
| Interest Income | $193M |
| Interest Expense | $488M |
| Other Income/Expenses | -$222M |
| INCOME BEFORE TAX | $817M |
| Income Tax Expense | $162M |
| Net Income from Continuing Ops | $655M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $589M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $589M |
| D&A | $631M |
| EBIT | $1.3B |
| EBITDA | $1.9B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $589M |
| Depreciation & Amortization | $631M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$595M |
| Change in Working Capital | -$1.3B |
| OPERATING CASH FLOW | -$653M |
| Capital Expenditure | -$312M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $25M |
| NET CASH FROM INVESTING | -$287M |
| Net Debt Issuance | $391M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$447M |
| Other Financing Activities | $15M |
| NET CASH FROM FINANCING | -$41M |
| FREE CASH FLOW | -$965M |
| Net Change in Cash | -$1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.6B |
| Short-Term Investments | $0 |
| Net Receivables | $4.1B |
| Inventory | $8.6B |
| Other Current Assets | $1.9B |
| TOTAL CURRENT ASSETS | $20.1B |
| PP&E (Net) | $16.6B |
| Goodwill | $6.5B |
| Intangible Assets | $2.1B |
| Long-Term Investments | $46M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.9B |
| TOTAL NON-CURRENT ASSETS | $28.1B |
| TOTAL ASSETS | $48.2B |
| Account Payables | $5.6B |
| Short-Term Debt | $2.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.7B |
| TOTAL CURRENT LIABILITIES | $12.4B |
| Long-Term Debt | $22.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.6B |
| TOTAL NON-CURRENT LIABILITIES | $26.3B |
| TOTAL LIABILITIES | $38.7B |
| Common Stock | $4.7B |
| Additional Paid-In Capital | $43M |
| Retained Earnings | $3.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $541M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.7B |
| Minority Interest | $826M |
| TOTAL EQUITY | $9.6B |
| TOTAL LIABILITIES & EQUITY | $48.2B |
| Total Debt | $26.3B |
| Net Debt | $20.7B |
