| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.2B | $3.9B | $3.5B | 7.7% | 19.7% |
| Op. Income | $1.3B | $1.1B | $1.0B | 12.2% | 23.6% |
| Gross Margin | 48.0% | 47.5% | 47.5% | 0.5pp | 0.5pp |
| Net Margin | 26.8% | 26.4% | 25.5% | 0.4pp | 1.3pp |
| EPS (Diluted) | $0.86 | $0.78 | $0.67 | 10.3% | 28.4% |
| Free Cash Flow | $1.5B | $762M | $874M | 91.4% | 66.8% |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $2.0B |
| R&D Expenses | $495M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $243M |
| Other Expenses | $0 |
| Operating Expenses | $738M |
| Cost & Expenses | $2.9B |
| OPERATING INCOME | $1.3B |
| Interest Income | $68M |
| Interest Expense | $45M |
| Other Income/Expenses | $30M |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $178M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $94M |
| EBIT | $1.3B |
| EBITDA | $1.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $2.0B |
| R&D Expenses | $495M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $243M |
| Other Expenses | $0 |
| Operating Expenses | $738M |
| Cost & Expenses | $2.9B |
| OPERATING INCOME | $1.3B |
| Interest Income | $68M |
| Interest Expense | $45M |
| Other Income/Expenses | $30M |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $178M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $94M |
| EBIT | $1.3B |
| EBITDA | $1.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.1B |
| Depreciation & Amortization | $94M |
| Stock-Based Compensation | $80M |
| Deferred Income Tax | -$109M |
| Other Non-Cash Items | -$457.0K |
| Change in Working Capital | $387M |
| OPERATING CASH FLOW | $1.6B |
| Capital Expenditure | -$111M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $37.0K |
| NET CASH FROM INVESTING | -$111M |
| Net Debt Issuance | -$934.0K |
| Common Stock Repurchased | -$997M |
| Common Dividends Paid | -$261M |
| Other Financing Activities | -$324.0K |
| NET CASH FROM FINANCING | -$1.3B |
| FREE CASH FLOW | $1.5B |
| Net Change in Cash | $221M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.1B |
| Short-Term Investments | $0 |
| Net Receivables | $2.9B |
| Inventory | $4.2B |
| Other Current Assets | $278M |
| TOTAL CURRENT ASSETS | $13.5B |
| PP&E (Net) | $2.2B |
| Goodwill | $1.6B |
| Intangible Assets | $158M |
| Long-Term Investments | $5M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.1B |
| TOTAL NON-CURRENT ASSETS | $6.0B |
| TOTAL ASSETS | $19.5B |
| Account Payables | $704M |
| Short-Term Debt | $505M |
| Deferred Revenue | $1.9B |
| Other Current Liabilities | $1.4B |
| TOTAL CURRENT LIABILITIES | $5.3B |
| Long-Term Debt | $4.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $5.7B |
| TOTAL LIABILITIES | $11.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $8.3B |
| Retained Earnings | $25.6B |
| Treasury Stock | -$25.4B |
| Accum. Other Comp. Income | -$88M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $8.5B |
| TOTAL LIABILITIES & EQUITY | $19.5B |
| Total Debt | $5.0B |
| Net Debt | -$1.1B |
