| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $601M | $560M | $571M | 7.3% | 5.2% |
| Op. Income | $151M | $126M | $133M | 20.4% | 14.0% |
| Gross Margin | 42.9% | 41.5% | 43.5% | 1.3pp | -0.6pp |
| Net Margin | 19.8% | 18.1% | 17.8% | 1.8pp | 2.0pp |
| EPS (Diluted) | $1.63 | $1.38 | $1.39 | 18.1% | 17.3% |
| Free Cash Flow | $104M | $208M | $150M | -50.0% | -30.4% |
| Item | Amount |
|---|---|
| REVENUE | $601M |
| Cost of Revenue | $343M |
| GROSS PROFIT | $258M |
| R&D Expenses | $40M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $67M |
| Other Expenses | $0 |
| Operating Expenses | $106M |
| Cost & Expenses | $450M |
| OPERATING INCOME | $151M |
| Interest Income | $8M |
| Interest Expense | $3M |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $157M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $119M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $119M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $119M |
| D&A | $50M |
| EBIT | $160M |
| EBITDA | $210M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $601M |
| Cost of Revenue | $343M |
| GROSS PROFIT | $258M |
| R&D Expenses | $40M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $67M |
| Other Expenses | $0 |
| Operating Expenses | $106M |
| Cost & Expenses | $450M |
| OPERATING INCOME | $151M |
| Interest Income | $8M |
| Interest Expense | $3M |
| Other Income/Expenses | $6M |
| INCOME BEFORE TAX | $157M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $119M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $119M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $119M |
| D&A | $50M |
| EBIT | $160M |
| EBITDA | $210M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $119M |
| Depreciation & Amortization | $50M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | -$27.0K |
| Change in Working Capital | -$55M |
| OPERATING CASH FLOW | $117M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$59M |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$40M |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$53M |
| FREE CASH FLOW | $104M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43M |
| Short-Term Investments | $0 |
| Net Receivables | $307M |
| Inventory | $0 |
| Other Current Assets | $285M |
| TOTAL CURRENT ASSETS | $635M |
| PP&E (Net) | $212M |
| Goodwill | $805M |
| Intangible Assets | $676M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $601M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $20M |
| Short-Term Debt | $90M |
| Deferred Revenue | $249M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $571M |
| Long-Term Debt | $50M |
| Deferred Revenue NC | $71M |
| Deferred Tax Liabilities | $239M |
| Other Non-Current Liabilities | $73M |
| TOTAL NON-CURRENT LIABILITIES | $433M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $1M |
| Additional Paid-In Capital | $623M |
| Retained Earnings | $3.2B |
| Treasury Stock | -$1.9B |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $140M |
| Net Debt | $97M |
