| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.9B | $6.1B | $4.3B | -2.0% | 37.0% |
| Op. Income | $763M | $820M | $528M | -7.0% | 44.5% |
| Gross Margin | 46.7% | 45.4% | 46.7% | 1.3pp | -0.0pp |
| Net Margin | 8.3% | 10.5% | 7.9% | -2.2pp | 0.4pp |
| EPS (Diluted) | $9.74 | $12.60 | $6.79 | -22.7% | 43.4% |
| Free Cash Flow | $672M | $2.6B | $1.1B | -74.3% | -37.4% |
| Item | Amount |
|---|---|
| REVENUE | $5.9B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $2.8B |
| R&D Expenses | $551M |
| Selling & Marketing | $599M |
| General & Administrative | $255M |
| SG&A Expenses | $854M |
| Other Expenses | $603M |
| Operating Expenses | $2.0B |
| Cost & Expenses | $5.2B |
| OPERATING INCOME | $763M |
| Interest Income | $37M |
| Interest Expense | $39M |
| Other Income/Expenses | -$57M |
| INCOME BEFORE TAX | $706M |
| Income Tax Expense | $212M |
| Net Income from Continuing Ops | $494M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $494M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $494M |
| D&A | $172M |
| EBIT | $745M |
| EBITDA | $917M |
| EPS | $10 |
| EPS Diluted | $10 |
| Item | Amount |
|---|---|
| REVENUE | $5.9B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $2.8B |
| R&D Expenses | $551M |
| Selling & Marketing | $599M |
| General & Administrative | $255M |
| SG&A Expenses | $854M |
| Other Expenses | $603M |
| Operating Expenses | $2.0B |
| Cost & Expenses | $5.2B |
| OPERATING INCOME | $763M |
| Interest Income | $37M |
| Interest Expense | $39M |
| Other Income/Expenses | -$57M |
| INCOME BEFORE TAX | $706M |
| Income Tax Expense | $212M |
| Net Income from Continuing Ops | $494M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $494M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $494M |
| D&A | $172M |
| EBIT | $745M |
| EBITDA | $917M |
| EPS | $10 |
| EPS Diluted | $10 |
| Item | Amount |
|---|---|
| Net Income | $494M |
| Depreciation & Amortization | $172M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$60M |
| Other Non-Cash Items | $794M |
| Change in Working Capital | -$456M |
| OPERATING CASH FLOW | $944M |
| Capital Expenditure | -$272M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4.2B |
| Sales/Maturities of Investments | $3.9B |
| Other Investing Activities | -$1.2B |
| NET CASH FROM INVESTING | -$1.8B |
| Net Debt Issuance | $552M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $552M |
| FREE CASH FLOW | $672M |
| Net Change in Cash | -$201M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.0B |
| Short-Term Investments | $741M |
| Net Receivables | $11.3B |
| Inventory | $358M |
| Other Current Assets | $6.4B |
| TOTAL CURRENT ASSETS | $21.7B |
| PP&E (Net) | $2.8B |
| Goodwill | $155M |
| Intangible Assets | $92M |
| Long-Term Investments | $1.3B |
| Tax Assets | $968M |
| Other Non-Current Assets | $592M |
| TOTAL NON-CURRENT ASSETS | $5.9B |
| TOTAL ASSETS | $27.7B |
| Account Payables | $3.3B |
| Short-Term Debt | $3.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $236M |
| TOTAL CURRENT LIABILITIES | $18.1B |
| Long-Term Debt | $2.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $270M |
| Other Non-Current Liabilities | $471M |
| TOTAL NON-CURRENT LIABILITIES | $4.6B |
| TOTAL LIABILITIES | $22.7B |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $4.3B |
| Treasury Stock | -$311M |
| Accum. Other Comp. Income | -$761M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.0B |
| TOTAL LIABILITIES & EQUITY | $27.7B |
| Total Debt | $7.7B |
| Net Debt | $4.7B |
