| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.8B | — | $3.7B | — | 1.4% |
| Op. Income | $40M | — | -$108M | — | 137.0% |
| Gross Margin | 20.5% | — | 20.6% | — | -0.1pp |
| Net Margin | 2.5% | — | 2.3% | — | 0.2pp |
| EPS (Diluted) | $0.09 | — | $0.08 | — | 8.9% |
| Free Cash Flow | -$249M | — | -$488M | — | 49.1% |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $3.0B |
| GROSS PROFIT | $779M |
| R&D Expenses | $368M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $371M |
| Other Expenses | $0 |
| Operating Expenses | $739M |
| Cost & Expenses | $3.8B |
| OPERATING INCOME | $40M |
| Interest Income | $76M |
| Interest Expense | $7M |
| Other Income/Expenses | $73M |
| INCOME BEFORE TAX | $113M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $95M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $95M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $95M |
| D&A | $0 |
| EBIT | $120M |
| EBITDA | $120M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $3.0B |
| GROSS PROFIT | $779M |
| R&D Expenses | $368M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $371M |
| Other Expenses | $0 |
| Operating Expenses | $739M |
| Cost & Expenses | $3.8B |
| OPERATING INCOME | $40M |
| Interest Income | $76M |
| Interest Expense | $7M |
| Other Income/Expenses | $73M |
| INCOME BEFORE TAX | $113M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $95M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $95M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $95M |
| D&A | $0 |
| EBIT | $120M |
| EBITDA | $120M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $95M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $54M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$397M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$249M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1.6B |
| NET CASH FROM INVESTING | -$1.6B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $9M |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | -$249M |
| Net Change in Cash | -$1.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.8B |
| Short-Term Investments | $8.4B |
| Net Receivables | $10M |
| Inventory | $1.5B |
| Other Current Assets | $779M |
| TOTAL CURRENT ASSETS | $18.4B |
| PP&E (Net) | $4.2B |
| Goodwill | $801.3K |
| Intangible Assets | $136M |
| Long-Term Investments | $120M |
| Tax Assets | $400M |
| Other Non-Current Assets | $316M |
| TOTAL NON-CURRENT ASSETS | $5.2B |
| TOTAL ASSETS | $23.6B |
| Account Payables | $7.6B |
| Short-Term Debt | $34M |
| Deferred Revenue | $193M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $9.9B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $100M |
| Deferred Tax Liabilities | $125M |
| Other Non-Current Liabilities | $870M |
| TOTAL NON-CURRENT LIABILITIES | $3.2B |
| TOTAL LIABILITIES | $13.1B |
| Common Stock | $10.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.5B |
| Minority Interest | $73M |
| TOTAL EQUITY | $10.6B |
| TOTAL LIABILITIES & EQUITY | $23.6B |
| Total Debt | $2.4B |
| Net Debt | -$5.4B |
