| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.8B | $2.6B | $2.4B | 10.7% | 18.5% |
| Op. Income | $1.1B | $1.1B | $899M | 6.4% | 24.5% |
| Gross Margin | 59.6% | 62.0% | 60.5% | -2.4pp | -0.9pp |
| Net Margin | 33.3% | 32.6% | 30.9% | 0.7pp | 2.4pp |
| EPS (Diluted) | $7.01 | $6.18 | $5.41 | 13.4% | 29.6% |
| Free Cash Flow | $935M | $832M | $816M | 12.4% | 14.6% |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $323M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $251M |
| Other Expenses | $0 |
| Operating Expenses | $574M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $1.1B |
| Interest Income | $0 |
| Interest Expense | $82M |
| Other Income/Expenses | -$41M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $133M |
| Net Income from Continuing Ops | $946M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $946M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $946M |
| D&A | $96M |
| EBIT | $1.2B |
| EBITDA | $1.3B |
| EPS | $7 |
| EPS Diluted | $7 |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $323M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $251M |
| Other Expenses | $0 |
| Operating Expenses | $574M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $1.1B |
| Interest Income | $0 |
| Interest Expense | $82M |
| Other Income/Expenses | -$41M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $133M |
| Net Income from Continuing Ops | $946M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $946M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $946M |
| D&A | $96M |
| EBIT | $1.2B |
| EBITDA | $1.3B |
| EPS | $7 |
| EPS Diluted | $7 |
| Item | Amount |
|---|---|
| Net Income | $946M |
| Depreciation & Amortization | $96M |
| Stock-Based Compensation | $62M |
| Deferred Income Tax | -$82M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$34M |
| OPERATING CASH FLOW | $995M |
| Capital Expenditure | -$60M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$856M |
| Sales/Maturities of Investments | $745M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$171M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$567M |
| Common Dividends Paid | -$198M |
| Other Financing Activities | -$72M |
| NET CASH FROM FINANCING | -$838M |
| FREE CASH FLOW | $935M |
| Net Change in Cash | $73.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.0B |
| Short-Term Investments | $2.7B |
| Net Receivables | $2.1B |
| Inventory | $3.1B |
| Other Current Assets | $288M |
| TOTAL CURRENT ASSETS | $10.2B |
| PP&E (Net) | $1.4B |
| Goodwill | $2.0B |
| Intangible Assets | $612M |
| Long-Term Investments | $0 |
| Tax Assets | $982M |
| Other Non-Current Assets | $475M |
| TOTAL NON-CURRENT ASSETS | $5.5B |
| TOTAL ASSETS | $15.7B |
| Account Payables | $377M |
| Short-Term Debt | $750M |
| Deferred Revenue | $2.0B |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $4.8B |
| Long-Term Debt | $5.9B |
| Deferred Revenue NC | $391M |
| Deferred Tax Liabilities | $472M |
| Other Non-Current Liabilities | $425M |
| TOTAL NON-CURRENT LIABILITIES | $7.3B |
| TOTAL LIABILITIES | $12.1B |
| Common Stock | $2.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$26M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $15.7B |
| Total Debt | $6.8B |
| Net Debt | $4.8B |
