| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.0B | $6.0B | $6.0B | -0.9% | -1.0% |
| Op. Income | $1.2B | $1.1B | $1.2B | 11.4% | -0.8% |
| Gross Margin | 40.9% | 37.8% | 41.7% | 3.1pp | -0.8pp |
| Net Margin | 18.7% | 12.1% | 15.4% | 6.6pp | 3.3pp |
| EPS (Diluted) | $2.04 | $1.33 | $1.67 | 53.4% | 22.2% |
| Free Cash Flow | -$315M | $1.5B | $392M | -120.6% | -180.4% |
| Item | Amount |
|---|---|
| REVENUE | $6.0B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $2.4B |
| R&D Expenses | $285M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $933M |
| Other Expenses | $0 |
| Operating Expenses | $1.2B |
| Cost & Expenses | $4.7B |
| OPERATING INCOME | $1.2B |
| Interest Income | $79M |
| Interest Expense | $253M |
| Other Income/Expenses | $169M |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $265M |
| 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 | $290M |
| EBIT | $1.6B |
| EBITDA | $1.9B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $6.0B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $2.4B |
| R&D Expenses | $285M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $933M |
| Other Expenses | $0 |
| Operating Expenses | $1.2B |
| Cost & Expenses | $4.7B |
| OPERATING INCOME | $1.2B |
| Interest Income | $79M |
| Interest Expense | $253M |
| Other Income/Expenses | $169M |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $265M |
| 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 | $290M |
| EBIT | $1.6B |
| EBITDA | $1.9B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $1.1B |
| Depreciation & Amortization | $290M |
| Stock-Based Compensation | $85M |
| Deferred Income Tax | $150M |
| Other Non-Cash Items | -$1.5B |
| Change in Working Capital | -$253M |
| OPERATING CASH FLOW | -$79M |
| Capital Expenditure | -$236M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$156M |
| Sales/Maturities of Investments | $1.6B |
| Other Investing Activities | $15M |
| NET CASH FROM INVESTING | $1.2B |
| Net Debt Issuance | $349M |
| Common Stock Repurchased | -$1.3B |
| Common Dividends Paid | -$396M |
| Other Financing Activities | $899M |
| NET CASH FROM FINANCING | -$422M |
| FREE CASH FLOW | -$315M |
| Net Change in Cash | $726M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.3B |
| Short-Term Investments | $698M |
| Net Receivables | $3.5B |
| Inventory | $3.9B |
| Other Current Assets | $778M |
| TOTAL CURRENT ASSETS | $15.7B |
| PP&E (Net) | $7.9B |
| Goodwill | $6.3B |
| Intangible Assets | $1.2B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $8.8B |
| TOTAL NON-CURRENT ASSETS | $24.3B |
| TOTAL ASSETS | $40.0B |
| Account Payables | $2.8B |
| Short-Term Debt | $1.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.5B |
| TOTAL CURRENT LIABILITIES | $9.5B |
| Long-Term Debt | $12.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $13.3B |
| TOTAL NON-CURRENT LIABILITIES | $26.0B |
| TOTAL LIABILITIES | $35.4B |
| Common Stock | $9M |
| Additional Paid-In Capital | $7.3B |
| Retained Earnings | $37.4B |
| Treasury Stock | -$34.7B |
| Accum. Other Comp. Income | -$5.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.5B |
| Minority Interest | $59M |
| TOTAL EQUITY | $4.5B |
| TOTAL LIABILITIES & EQUITY | $40.0B |
| Total Debt | $14.1B |
| Net Debt | $7.7B |
