| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18.0B | $18.6B | $17.2B | -3.5% | 4.5% |
| Op. Income | $2.4B | $696M | $2.0B | 240.8% | 16.9% |
| Gross Margin | 12.9% | 3.7% | 11.6% | 9.2pp | 1.3pp |
| Net Margin | 9.5% | 2.8% | 9.0% | 6.7pp | 0.5pp |
| EPS (Diluted) | $7.28 | $2.22 | $6.39 | 227.9% | 13.9% |
| Free Cash Flow | $955M | $441M | $1.3B | 116.6% | -24.0% |
| Item | Amount |
|---|---|
| REVENUE | $18.0B |
| Cost of Revenue | $15.6B |
| GROSS PROFIT | $2.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | -$49M |
| Other Expenses | $0 |
| Operating Expenses | -$49M |
| Cost & Expenses | $15.6B |
| OPERATING INCOME | $2.4B |
| Interest Income | $0 |
| Interest Expense | $268M |
| Other Income/Expenses | -$336M |
| INCOME BEFORE TAX | $2.0B |
| Income Tax Expense | $324M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.7B |
| D&A | $397M |
| EBIT | $2.3B |
| EBITDA | $2.7B |
| EPS | $7 |
| EPS Diluted | $7 |
| Item | Amount |
|---|---|
| REVENUE | $18.0B |
| Cost of Revenue | $15.6B |
| GROSS PROFIT | $2.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | -$49M |
| Other Expenses | $0 |
| Operating Expenses | -$49M |
| Cost & Expenses | $15.6B |
| OPERATING INCOME | $2.4B |
| Interest Income | $0 |
| Interest Expense | $268M |
| Other Income/Expenses | -$336M |
| INCOME BEFORE TAX | $2.0B |
| Income Tax Expense | $324M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.7B |
| D&A | $397M |
| EBIT | $2.3B |
| EBITDA | $2.7B |
| EPS | $7 |
| EPS Diluted | $7 |
| Item | Amount |
|---|---|
| Net Income | $1.7B |
| Depreciation & Amortization | $397M |
| Stock-Based Compensation | $60M |
| Deferred Income Tax | -$34M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$726M |
| OPERATING CASH FLOW | $1.4B |
| Capital Expenditure | -$454M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $24M |
| NET CASH FROM INVESTING | -$430M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$750M |
| Common Dividends Paid | -$796M |
| Other Financing Activities | -$113M |
| NET CASH FROM FINANCING | -$1.7B |
| FREE CASH FLOW | $955M |
| Net Change in Cash | -$680M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $0 |
| Net Receivables | $16.7B |
| Inventory | $3.6B |
| Other Current Assets | $698M |
| TOTAL CURRENT ASSETS | $22.8B |
| PP&E (Net) | $8.7B |
| Goodwill | $11.1B |
| Intangible Assets | $2.0B |
| Long-Term Investments | $614M |
| Tax Assets | $3.6B |
| Other Non-Current Assets | $7.9B |
| TOTAL NON-CURRENT ASSETS | $33.9B |
| TOTAL ASSETS | $56.7B |
| Account Payables | $3.8B |
| Short-Term Debt | $1.6B |
| Deferred Revenue | $9.4B |
| Other Current Liabilities | $4.0B |
| TOTAL CURRENT LIABILITIES | $21.2B |
| Long-Term Debt | $18.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10.1B |
| TOTAL NON-CURRENT LIABILITIES | $28.8B |
| TOTAL LIABILITIES | $50.0B |
| Common Stock | $233M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $14.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.7B |
| TOTAL LIABILITIES & EQUITY | $56.7B |
| Total Debt | $20.3B |
| Net Debt | $18.5B |
