| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | — | $974M | — | 11.7% |
| Op. Income | $153M | — | $78M | — | 95.8% |
| Gross Margin | 43.1% | — | 38.9% | — | 4.2pp |
| Net Margin | 13.0% | — | 6.4% | — | 6.6pp |
| EPS (Diluted) | $0.92 | — | $0.39 | — | 135.9% |
| Free Cash Flow | $161M | — | $224M | — | -27.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $620M |
| GROSS PROFIT | $469M |
| R&D Expenses | $75M |
| Selling & Marketing | $197M |
| General & Administrative | $37M |
| SG&A Expenses | $233M |
| Other Expenses | $7M |
| Operating Expenses | $315M |
| Cost & Expenses | $935M |
| OPERATING INCOME | $153M |
| Interest Income | $16M |
| Interest Expense | $0 |
| Other Income/Expenses | $14M |
| INCOME BEFORE TAX | $167M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $142M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $142M |
| Net Income Deductions | -$859.9K |
| BOTTOM LINE NET INCOME | $143M |
| D&A | $20M |
| EBIT | $155M |
| EBITDA | $175M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $620M |
| GROSS PROFIT | $469M |
| R&D Expenses | $75M |
| Selling & Marketing | $197M |
| General & Administrative | $37M |
| SG&A Expenses | $233M |
| Other Expenses | $7M |
| Operating Expenses | $315M |
| Cost & Expenses | $935M |
| OPERATING INCOME | $153M |
| Interest Income | $16M |
| Interest Expense | $0 |
| Other Income/Expenses | $14M |
| INCOME BEFORE TAX | $167M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $142M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $142M |
| Net Income Deductions | -$859.9K |
| BOTTOM LINE NET INCOME | $143M |
| D&A | $20M |
| EBIT | $155M |
| EBITDA | $175M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $142M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $23M |
| Deferred Income Tax | $12M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$22M |
| OPERATING CASH FLOW | $176M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$695.0K |
| Sales/Maturities of Investments | $738.0K |
| Other Investing Activities | -$816.0K |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$131M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$14M |
| NET CASH FROM FINANCING | -$145M |
| FREE CASH FLOW | $161M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $0 |
| Net Receivables | $626M |
| Inventory | $460M |
| Other Current Assets | $107M |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $175M |
| Goodwill | $462M |
| Intangible Assets | $39M |
| Long-Term Investments | $59M |
| Tax Assets | $216M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $958M |
| TOTAL ASSETS | $3.7B |
| Account Payables | $554M |
| Short-Term Debt | $0 |
| Deferred Revenue | $21M |
| Other Current Liabilities | $168M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $26M |
| Deferred Tax Liabilities | $708.0K |
| Other Non-Current Liabilities | $206M |
| TOTAL NON-CURRENT LIABILITIES | $296M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $30M |
| Additional Paid-In Capital | $57M |
| Retained Earnings | $3.7B |
| Treasury Stock | -$1.4B |
| Accum. Other Comp. Income | -$116M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $3.7B |
| Total Debt | $78M |
| Net Debt | -$1.5B |
