| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.6B | $6.1B | $8.1B | 24.9% | -6.5% |
| Op. Income | $238M | $91M | $336M | 160.8% | -29.1% |
| Gross Margin | 11.6% | 11.1% | 11.1% | 0.5pp | 0.5pp |
| Net Margin | 2.0% | 0.8% | 2.8% | 1.2pp | -0.8pp |
| EPS (Diluted) | $0.97 | $0.32 | $1.44 | 203.1% | -32.6% |
| Free Cash Flow | -$222M | $200M | -$322M | -210.9% | 31.2% |
| Item | Amount |
|---|---|
| REVENUE | $7.6B |
| Cost of Revenue | $6.7B |
| GROSS PROFIT | $877M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $639M |
| Other Expenses | $0 |
| Operating Expenses | $639M |
| Cost & Expenses | $7.3B |
| OPERATING INCOME | $238M |
| Interest Income | $0 |
| Interest Expense | $31M |
| Other Income/Expenses | -$32M |
| INCOME BEFORE TAX | $207M |
| Income Tax Expense | $54M |
| Net Income from Continuing Ops | $152M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $152M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $152M |
| D&A | $73M |
| EBIT | $238M |
| EBITDA | $311M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $7.6B |
| Cost of Revenue | $6.7B |
| GROSS PROFIT | $877M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $639M |
| Other Expenses | $0 |
| Operating Expenses | $639M |
| Cost & Expenses | $7.3B |
| OPERATING INCOME | $238M |
| Interest Income | $0 |
| Interest Expense | $31M |
| Other Income/Expenses | -$32M |
| INCOME BEFORE TAX | $207M |
| Income Tax Expense | $54M |
| Net Income from Continuing Ops | $152M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $152M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $152M |
| D&A | $73M |
| EBIT | $238M |
| EBITDA | $311M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $152M |
| Depreciation & Amortization | $69M |
| Stock-Based Compensation | $48M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $108M |
| Change in Working Capital | -$494M |
| OPERATING CASH FLOW | -$118M |
| Capital Expenditure | -$104M |
| Acquisitions (Net) | $1.0K |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $136.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$106M |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | -$107M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$112M |
| FREE CASH FLOW | -$222M |
| Net Change in Cash | -$336M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $219M |
| Short-Term Investments | $0 |
| Net Receivables | $212M |
| Inventory | $3.8B |
| Other Current Assets | $766M |
| TOTAL CURRENT ASSETS | $5.0B |
| PP&E (Net) | $4.2B |
| Goodwill | $141M |
| Intangible Assets | $0 |
| Long-Term Investments | $17.4B |
| Tax Assets | $100M |
| Other Non-Current Assets | $359M |
| TOTAL NON-CURRENT ASSETS | $22.3B |
| TOTAL ASSETS | $27.2B |
| Account Payables | $911M |
| Short-Term Debt | $536M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $18.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $387M |
| TOTAL NON-CURRENT LIABILITIES | $19.1B |
| TOTAL LIABILITIES | $21.1B |
| Common Stock | $78M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $4.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $62M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.2B |
| TOTAL LIABILITIES & EQUITY | $27.2B |
| Total Debt | $19.3B |
| Net Debt | $19.1B |
