| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.7B | $3.5B | $2.8B | 4.5% | 29.6% |
| Op. Income | $503M | $423M | $434M | 18.9% | 15.9% |
| Gross Margin | 26.3% | 25.8% | 28.0% | 0.6pp | -1.7pp |
| Net Margin | 8.7% | 7.7% | 10.2% | 1.0pp | -1.5pp |
| EPS (Diluted) | $4.24 | $3.59 | $3.83 | 18.1% | 10.7% |
| Free Cash Flow | $220M | -$344M | $305M | 164.0% | -27.7% |
| Item | Amount |
|---|---|
| REVENUE | $3.7B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $966M |
| R&D Expenses | $0 |
| Selling & Marketing | $146M |
| General & Administrative | $133M |
| SG&A Expenses | $279M |
| Other Expenses | $185M |
| Operating Expenses | $463M |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $503M |
| Interest Income | $0 |
| Interest Expense | $86M |
| Other Income/Expenses | -$86M |
| INCOME BEFORE TAX | $417M |
| Income Tax Expense | $99M |
| Net Income from Continuing Ops | $319M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $319M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $319M |
| D&A | $136M |
| EBIT | $503M |
| EBITDA | $639M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $3.7B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $966M |
| R&D Expenses | $0 |
| Selling & Marketing | $146M |
| General & Administrative | $133M |
| SG&A Expenses | $279M |
| Other Expenses | $185M |
| Operating Expenses | $463M |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $503M |
| Interest Income | $0 |
| Interest Expense | $86M |
| Other Income/Expenses | -$86M |
| INCOME BEFORE TAX | $417M |
| Income Tax Expense | $99M |
| Net Income from Continuing Ops | $319M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $319M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $319M |
| D&A | $136M |
| EBIT | $503M |
| EBITDA | $639M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $319M |
| Depreciation & Amortization | $136M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | -$72.0K |
| Other Non-Cash Items | $106M |
| Change in Working Capital | -$240M |
| OPERATING CASH FLOW | $340M |
| Capital Expenditure | -$119M |
| Acquisitions (Net) | -$78M |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$199M |
| Net Debt Issuance | $201M |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | -$22M |
| Other Financing Activities | -$48M |
| NET CASH FROM FINANCING | $30M |
| FREE CASH FLOW | $220M |
| Net Change in Cash | $171M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $123M |
| Net Receivables | $4.1B |
| Inventory | $0 |
| Other Current Assets | $1.6B |
| TOTAL CURRENT ASSETS | $7.3B |
| PP&E (Net) | $1.4B |
| Goodwill | $2.2B |
| Intangible Assets | $1.6B |
| Long-Term Investments | $296M |
| Tax Assets | $135M |
| Other Non-Current Assets | $1.0B |
| TOTAL NON-CURRENT ASSETS | $6.6B |
| TOTAL ASSETS | $14.0B |
| Account Payables | $2.8B |
| Short-Term Debt | $0 |
| Deferred Revenue | $270M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.4B |
| Long-Term Debt | $5.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.5B |
| TOTAL NON-CURRENT LIABILITIES | $7.5B |
| TOTAL LIABILITIES | $10.8B |
| Common Stock | $131.0K |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | $5.4B |
| Treasury Stock | -$4.3B |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $14.0B |
| Total Debt | $6.0B |
| Net Debt | $4.7B |
