| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.7B | $13.5B | $8.8B | -5.9% | 45.2% |
| Op. Income | $5.4B | $5.8B | $2.7B | -6.7% | 97.7% |
| Gross Margin | 82.5% | 82.2% | 80.9% | 0.3pp | 1.6pp |
| Net Margin | 21.7% | 32.6% | 25.6% | -10.9pp | -3.9pp |
| EPS (Diluted) | $3.06 | $4.88 | $2.48 | -37.3% | 23.4% |
| Free Cash Flow | -$1.6B | $727M | $180M | -320.3% | -990.9% |
| Item | Amount |
|---|---|
| REVENUE | $12.7B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $10.5B |
| R&D Expenses | $2.7B |
| Selling & Marketing | $0 |
| General & Administrative | $2.4B |
| SG&A Expenses | $2.4B |
| Other Expenses | $0 |
| Operating Expenses | $5.1B |
| Cost & Expenses | $7.3B |
| OPERATING INCOME | $5.4B |
| Interest Income | $48M |
| Interest Expense | $244M |
| Other Income/Expenses | -$2.0B |
| INCOME BEFORE TAX | $3.5B |
| Income Tax Expense | $697M |
| Net Income from Continuing Ops | $2.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.8B |
| D&A | $463M |
| EBIT | $3.7B |
| EBITDA | $4.2B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $12.7B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $10.5B |
| R&D Expenses | $2.7B |
| Selling & Marketing | $0 |
| General & Administrative | $2.4B |
| SG&A Expenses | $2.4B |
| Other Expenses | $0 |
| Operating Expenses | $5.1B |
| Cost & Expenses | $7.3B |
| OPERATING INCOME | $5.4B |
| Interest Income | $48M |
| Interest Expense | $244M |
| Other Income/Expenses | -$2.0B |
| INCOME BEFORE TAX | $3.5B |
| Income Tax Expense | $697M |
| Net Income from Continuing Ops | $2.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.8B |
| D&A | $463M |
| EBIT | $3.7B |
| EBITDA | $4.2B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $2.8B |
| Depreciation & Amortization | $463M |
| Stock-Based Compensation | $154M |
| Deferred Income Tax | -$392M |
| Other Non-Cash Items | $2.0B |
| Change in Working Capital | -$3.4B |
| OPERATING CASH FLOW | $1.7B |
| Capital Expenditure | -$3.3B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$197M |
| Sales/Maturities of Investments | $72M |
| Other Investing Activities | -$1.7B |
| NET CASH FROM INVESTING | -$3.4B |
| Net Debt Issuance | $4.6B |
| Common Stock Repurchased | -$1.2B |
| Common Dividends Paid | -$1.3B |
| Other Financing Activities | -$686M |
| NET CASH FROM FINANCING | $1.4B |
| FREE CASH FLOW | -$1.6B |
| Net Change in Cash | -$175M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.1B |
| Short-Term Investments | $127M |
| Net Receivables | $14.0B |
| Inventory | $9.3B |
| Other Current Assets | $72M |
| TOTAL CURRENT ASSETS | $41.3B |
| PP&E (Net) | $18.5B |
| Goodwill | $5.8B |
| Intangible Assets | $6.0B |
| Long-Term Investments | $3.2B |
| Tax Assets | $8.6B |
| Other Non-Current Assets | $6.1B |
| TOTAL NON-CURRENT ASSETS | $48.1B |
| TOTAL ASSETS | $89.4B |
| Account Payables | $3.4B |
| Short-Term Debt | $4.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.9B |
| TOTAL CURRENT LIABILITIES | $30.1B |
| Long-Term Debt | $34.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9.0B |
| TOTAL NON-CURRENT LIABILITIES | $43.5B |
| TOTAL LIABILITIES | $73.5B |
| Common Stock | $593M |
| Additional Paid-In Capital | $6.9B |
| Retained Earnings | $15.1B |
| Treasury Stock | -$50M |
| Accum. Other Comp. Income | -$3.8B |
| Other Equity | -$3.0B |
| TOTAL STOCKHOLDERS' EQUITY | $15.8B |
| Minority Interest | $82M |
| TOTAL EQUITY | $15.8B |
| TOTAL LIABILITIES & EQUITY | $89.4B |
| Total Debt | $38.5B |
| Net Debt | $35.4B |
