| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.0B | $6.6B | $6.4B | -8.8% | -6.4% |
| Op. Income | $1.2B | -$40M | $1.3B | 3090.0% | -8.1% |
| Gross Margin | 34.4% | 34.1% | 35.0% | 0.3pp | -0.6pp |
| Net Margin | 11.9% | 32.4% | 12.5% | -20.5pp | -0.6pp |
| EPS (Diluted) | $0.60 | $1.76 | $0.66 | -65.9% | -9.1% |
| Free Cash Flow | $482M | $1.1B | $477M | -57.8% | 1.0% |
| Item | Amount |
|---|---|
| REVENUE | $6.0B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $31M |
| General & Administrative | $837M |
| SG&A Expenses | $868M |
| Other Expenses | $0 |
| Operating Expenses | $868M |
| Cost & Expenses | $4.8B |
| OPERATING INCOME | $1.2B |
| Interest Income | $23M |
| Interest Expense | $229M |
| Other Income/Expenses | -$178M |
| INCOME BEFORE TAX | $1.0B |
| Income Tax Expense | $304M |
| Net Income from Continuing Ops | $714M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $712M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $712M |
| D&A | $231M |
| EBIT | $1.2B |
| EBITDA | $1.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $6.0B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $31M |
| General & Administrative | $837M |
| SG&A Expenses | $868M |
| Other Expenses | $0 |
| Operating Expenses | $868M |
| Cost & Expenses | $4.8B |
| OPERATING INCOME | $1.2B |
| Interest Income | $23M |
| Interest Expense | $229M |
| Other Income/Expenses | -$178M |
| INCOME BEFORE TAX | $1.0B |
| Income Tax Expense | $304M |
| Net Income from Continuing Ops | $714M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $712M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $712M |
| D&A | $231M |
| EBIT | $1.2B |
| EBITDA | $1.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $714M |
| Depreciation & Amortization | $231M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | $51M |
| Other Non-Cash Items | -$17M |
| Change in Working Capital | -$286M |
| OPERATING CASH FLOW | $720M |
| Capital Expenditure | -$238M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$673M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $33M |
| NET CASH FROM INVESTING | -$878M |
| Net Debt Issuance | $1.6B |
| Common Stock Repurchased | -$225M |
| Common Dividends Paid | -$477M |
| Other Financing Activities | -$18M |
| NET CASH FROM FINANCING | $900M |
| FREE CASH FLOW | $482M |
| Net Change in Cash | $777M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.1B |
| Short-Term Investments | $674M |
| Net Receivables | $2.3B |
| Inventory | $3.6B |
| Other Current Assets | $552M |
| TOTAL CURRENT ASSETS | $9.5B |
| PP&E (Net) | $7.2B |
| Goodwill | $28.8B |
| Intangible Assets | $40.1B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.8B |
| TOTAL NON-CURRENT ASSETS | $80.8B |
| TOTAL ASSETS | $90.3B |
| Account Payables | $4.1B |
| Short-Term Debt | $678M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.4B |
| TOTAL CURRENT LIABILITIES | $7.2B |
| Long-Term Debt | $20.9B |
| Deferred Revenue NC | $1.4B |
| Deferred Tax Liabilities | $9.7B |
| Other Non-Current Liabilities | $1.4B |
| TOTAL NON-CURRENT LIABILITIES | $33.4B |
| TOTAL LIABILITIES | $40.7B |
| Common Stock | $12M |
| Additional Paid-In Capital | $52.2B |
| Retained Earnings | $2.4B |
| Treasury Stock | -$2.4B |
| Accum. Other Comp. Income | -$2.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $49.5B |
| Minority Interest | $145M |
| TOTAL EQUITY | $49.6B |
| TOTAL LIABILITIES & EQUITY | $90.3B |
| Total Debt | $21.6B |
| Net Debt | $19.5B |
