| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15.5B | $15.6B | $15.8B | -0.6% | -1.6% |
| Op. Income | $5.9B | $4.3B | $5.8B | 36.5% | 3.1% |
| Gross Margin | 78.0% | 75.5% | 77.6% | 2.5pp | 0.4pp |
| Net Margin | 32.7% | 24.0% | 30.2% | 8.7pp | 2.5pp |
| EPS (Diluted) | $2.01 | $1.48 | $1.87 | 35.8% | 7.5% |
| Free Cash Flow | $1.2B | $2.5B | $2.2B | -53.4% | -47.4% |
| Item | Amount |
|---|---|
| REVENUE | $15.5B |
| Cost of Revenue | $3.4B |
| GROSS PROFIT | $12.1B |
| R&D Expenses | $3.6B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.6B |
| Other Expenses | $0 |
| Operating Expenses | $6.2B |
| Cost & Expenses | $9.6B |
| OPERATING INCOME | $5.9B |
| Interest Income | $109M |
| Interest Expense | $313M |
| Other Income/Expenses | -$34M |
| INCOME BEFORE TAX | $5.9B |
| Income Tax Expense | $818M |
| Net Income from Continuing Ops | $5.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5.1B |
| D&A | $1.1B |
| EBIT | $6.2B |
| EBITDA | $7.3B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $15.5B |
| Cost of Revenue | $3.4B |
| GROSS PROFIT | $12.1B |
| R&D Expenses | $3.6B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.6B |
| Other Expenses | $0 |
| Operating Expenses | $6.2B |
| Cost & Expenses | $9.6B |
| OPERATING INCOME | $5.9B |
| Interest Income | $109M |
| Interest Expense | $313M |
| Other Income/Expenses | -$34M |
| INCOME BEFORE TAX | $5.9B |
| Income Tax Expense | $818M |
| Net Income from Continuing Ops | $5.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5.1B |
| D&A | $1.1B |
| EBIT | $6.2B |
| EBITDA | $7.3B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $5.1B |
| Depreciation & Amortization | $1.1B |
| Stock-Based Compensation | $195M |
| Deferred Income Tax | -$186M |
| Other Non-Cash Items | $19M |
| Change in Working Capital | -$3.7B |
| OPERATING CASH FLOW | $2.5B |
| Capital Expenditure | -$1.3B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$685M |
| Sales/Maturities of Investments | $456M |
| Other Investing Activities | $70M |
| NET CASH FROM INVESTING | -$1.5B |
| Net Debt Issuance | -$2.5B |
| Common Stock Repurchased | -$1.2B |
| Common Dividends Paid | -$2.0B |
| Other Financing Activities | -$60M |
| NET CASH FROM FINANCING | -$5.8B |
| FREE CASH FLOW | $1.2B |
| Net Change in Cash | -$4.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.6B |
| Short-Term Investments | $599M |
| Net Receivables | $10.8B |
| Inventory | $6.2B |
| Other Current Assets | $9.3B |
| TOTAL CURRENT ASSETS | $35.5B |
| PP&E (Net) | $24.8B |
| Goodwill | $21.7B |
| Intangible Assets | $15.8B |
| Long-Term Investments | $616M |
| Tax Assets | $0 |
| Other Non-Current Assets | $16.8B |
| TOTAL NON-CURRENT ASSETS | $79.6B |
| TOTAL ASSETS | $115.1B |
| Account Payables | $3.8B |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $25.2B |
| Long-Term Debt | $33.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.4B |
| Other Non-Current Liabilities | $6.7B |
| TOTAL NON-CURRENT LIABILITIES | $41.5B |
| TOTAL LIABILITIES | $66.7B |
| Common Stock | $1.8B |
| Additional Paid-In Capital | $44.8B |
| Retained Earnings | $66.1B |
| Treasury Stock | -$59.4B |
| Accum. Other Comp. Income | -$5.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $48.3B |
| Minority Interest | $65M |
| TOTAL EQUITY | $48.4B |
| TOTAL LIABILITIES & EQUITY | $115.1B |
| Total Debt | $34.8B |
| Net Debt | $26.2B |
