| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | $1.3B | 0.9% | 3.1% |
| Op. Income | $218M | $230M | $221M | -5.2% | -1.4% |
| Gross Margin | 63.2% | 62.3% | 64.6% | 0.9pp | -1.4pp |
| Net Margin | 13.0% | -5.7% | 13.7% | 18.7pp | -0.6pp |
| EPS (Diluted) | $0.97 | $-0.42 | $0.98 | 331.0% | -1.0% |
| Free Cash Flow | $346M | $321M | $281M | 7.8% | 23.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $478M |
| GROSS PROFIT | $820M |
| R&D Expenses | $249M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $361M |
| Other Expenses | -$8M |
| Operating Expenses | $602M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $218M |
| Interest Income | $19M |
| Interest Expense | $20M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $199M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $169M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $169M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $169M |
| D&A | $66M |
| EBIT | $219M |
| EBITDA | $285M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $478M |
| GROSS PROFIT | $820M |
| R&D Expenses | $249M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $361M |
| Other Expenses | -$8M |
| Operating Expenses | $602M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $218M |
| Interest Income | $19M |
| Interest Expense | $20M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $199M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $169M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $169M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $169M |
| D&A | $66M |
| EBIT | $219M |
| EBITDA | $285M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $169M |
| Depreciation & Amortization | $66M |
| Stock-Based Compensation | $62M |
| Deferred Income Tax | -$10M |
| Other Non-Cash Items | -$27M |
| Change in Working Capital | $118M |
| OPERATING CASH FLOW | $378M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$33M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$75M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$74M |
| FREE CASH FLOW | $346M |
| Net Change in Cash | $263M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.1B |
| Short-Term Investments | $0 |
| Net Receivables | $941M |
| Inventory | $1.0B |
| Other Current Assets | $118M |
| TOTAL CURRENT ASSETS | $4.5B |
| PP&E (Net) | $988M |
| Goodwill | $2.4B |
| Intangible Assets | $556M |
| Long-Term Investments | $147M |
| Tax Assets | $365M |
| Other Non-Current Assets | $521M |
| TOTAL NON-CURRENT ASSETS | $4.9B |
| TOTAL ASSETS | $9.4B |
| Account Payables | $289M |
| Short-Term Debt | $0 |
| Deferred Revenue | $594M |
| Other Current Liabilities | $253M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $209M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $505M |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $4.2B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.7B |
| Retained Earnings | $6.4B |
| Treasury Stock | -$3.5B |
| Accum. Other Comp. Income | -$443M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.2B |
| TOTAL LIABILITIES & EQUITY | $9.4B |
| Total Debt | $2.0B |
| Net Debt | -$40M |
