| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $746M | $744M | $680M | 0.3% | 9.7% |
| Op. Income | $377M | $405M | $339M | -7.0% | 11.1% |
| Gross Margin | 81.7% | 82.3% | 81.1% | -0.6pp | 0.6pp |
| Net Margin | 38.7% | 41.1% | 37.6% | -2.4pp | 1.1pp |
| EPS (Diluted) | $3.71 | $3.90 | $3.22 | -4.9% | 15.2% |
| Free Cash Flow | $290M | $416M | $276M | -30.3% | 5.2% |
| Item | Amount |
|---|---|
| REVENUE | $746M |
| Cost of Revenue | $137M |
| GROSS PROFIT | $609M |
| R&D Expenses | $48M |
| Selling & Marketing | $79M |
| General & Administrative | $57M |
| SG&A Expenses | $136M |
| Other Expenses | $49M |
| Operating Expenses | $232M |
| Cost & Expenses | $369M |
| OPERATING INCOME | $377M |
| Interest Income | $4M |
| Interest Expense | $46M |
| Other Income/Expenses | -$46M |
| INCOME BEFORE TAX | $331M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $289M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $289M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $289M |
| D&A | $55M |
| EBIT | $378M |
| EBITDA | $432M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $746M |
| Cost of Revenue | $137M |
| GROSS PROFIT | $609M |
| R&D Expenses | $48M |
| Selling & Marketing | $79M |
| General & Administrative | $57M |
| SG&A Expenses | $136M |
| Other Expenses | $49M |
| Operating Expenses | $232M |
| Cost & Expenses | $369M |
| OPERATING INCOME | $377M |
| Interest Income | $4M |
| Interest Expense | $46M |
| Other Income/Expenses | -$46M |
| INCOME BEFORE TAX | $331M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $289M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $289M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $289M |
| D&A | $55M |
| EBIT | $378M |
| EBITDA | $432M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $289M |
| Depreciation & Amortization | $55M |
| Stock-Based Compensation | $40M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$93M |
| OPERATING CASH FLOW | $302M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$43.0K |
| NET CASH FROM INVESTING | -$33M |
| Net Debt Issuance | $35M |
| Common Stock Repurchased | -$213M |
| Common Dividends Paid | -$144M |
| Other Financing Activities | $155.0K |
| NET CASH FROM FINANCING | -$322M |
| FREE CASH FLOW | $290M |
| Net Change in Cash | -$49M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $357M |
| Short-Term Investments | $0 |
| Net Receivables | $749M |
| Inventory | $0 |
| Other Current Assets | $77M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $204M |
| Goodwill | $2.9B |
| Intangible Assets | $887M |
| Long-Term Investments | $0 |
| Tax Assets | $41M |
| Other Non-Current Assets | $58M |
| TOTAL NON-CURRENT ASSETS | $4.1B |
| TOTAL ASSETS | $5.3B |
| Account Payables | $11M |
| Short-Term Debt | $26M |
| Deferred Revenue | $1.1B |
| Other Current Liabilities | $67M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $4.5B |
| Deferred Revenue NC | $31M |
| Deferred Tax Liabilities | $52M |
| Other Non-Current Liabilities | $89M |
| TOTAL NON-CURRENT LIABILITIES | $4.8B |
| TOTAL LIABILITIES | $6.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $4.9B |
| Treasury Stock | -$7.5B |
| Accum. Other Comp. Income | -$64M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$959M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$959M |
| TOTAL LIABILITIES & EQUITY | $5.3B |
| Total Debt | $4.7B |
| Net Debt | $4.3B |
