| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.0B | $6.4B | $6.2B | -6.8% | -3.5% |
| Op. Income | $2.6B | $2.9B | $2.7B | -7.7% | -3.2% |
| Gross Margin | 56.0% | 57.6% | 55.7% | -1.6pp | 0.3pp |
| Net Margin | 31.4% | 31.6% | 31.3% | -0.2pp | 0.1pp |
| EPS (Diluted) | $2.60 | $2.80 | $2.66 | -7.1% | -2.3% |
| Free Cash Flow | $1.9B | $1.8B | $1.8B | 2.9% | 1.8% |
| Item | Amount |
|---|---|
| REVENUE | $6.0B |
| Cost of Revenue | $2.6B |
| GROSS PROFIT | $3.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $575M |
| Other Expenses | $113M |
| Operating Expenses | $688M |
| Cost & Expenses | $3.3B |
| OPERATING INCOME | $2.6B |
| Interest Income | $17M |
| Interest Expense | $376M |
| Other Income/Expenses | -$318M |
| INCOME BEFORE TAX | $2.3B |
| Income Tax Expense | $461M |
| Net Income from Continuing Ops | $1.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1M |
| NET INCOME | $1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.9B |
| D&A | $520M |
| EBIT | $2.7B |
| EBITDA | $3.2B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $6.0B |
| Cost of Revenue | $2.6B |
| GROSS PROFIT | $3.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $575M |
| Other Expenses | $113M |
| Operating Expenses | $688M |
| Cost & Expenses | $3.3B |
| OPERATING INCOME | $2.6B |
| Interest Income | $17M |
| Interest Expense | $376M |
| Other Income/Expenses | -$318M |
| INCOME BEFORE TAX | $2.3B |
| Income Tax Expense | $461M |
| Net Income from Continuing Ops | $1.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1M |
| NET INCOME | $1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.9B |
| D&A | $520M |
| EBIT | $2.7B |
| EBITDA | $3.2B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $1.9B |
| Depreciation & Amortization | $520M |
| Stock-Based Compensation | $45M |
| Deferred Income Tax | -$44M |
| Other Non-Cash Items | -$72M |
| Change in Working Capital | $111M |
| OPERATING CASH FLOW | $2.4B |
| Capital Expenditure | -$551M |
| Acquisitions (Net) | -$26M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$194M |
| NET CASH FROM INVESTING | -$771M |
| Net Debt Issuance | $13M |
| Common Stock Repurchased | -$477M |
| Common Dividends Paid | -$1.3B |
| Other Financing Activities | $187M |
| NET CASH FROM FINANCING | -$1.5B |
| FREE CASH FLOW | $1.9B |
| Net Change in Cash | $153M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $0 |
| Net Receivables | $2.4B |
| Inventory | $51M |
| Other Current Assets | $1.1B |
| TOTAL CURRENT ASSETS | $4.7B |
| PP&E (Net) | $39.4B |
| Goodwill | $3.2B |
| Intangible Assets | $0 |
| Long-Term Investments | $2.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $6.3B |
| TOTAL NON-CURRENT ASSETS | $51.6B |
| TOTAL ASSETS | $56.3B |
| Account Payables | $882M |
| Short-Term Debt | $80M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4.0B |
| Long-Term Debt | $38.8B |
| Deferred Revenue NC | $914M |
| Deferred Tax Liabilities | $1.7B |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $55.8B |
| TOTAL LIABILITIES | $59.8B |
| Common Stock | $17M |
| Additional Paid-In Capital | $9.4B |
| Retained Earnings | $67.4B |
| Treasury Stock | -$77.8B |
| Accum. Other Comp. Income | -$2.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$3.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$3.5B |
| TOTAL LIABILITIES & EQUITY | $56.3B |
| Total Debt | $52.8B |
| Net Debt | $51.5B |
