| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14.8B | — | $16.3B | — | -9.1% |
| Op. Income | $825M | — | $1.1B | — | -23.0% |
| Gross Margin | 100.0% | — | 100.0% | — | 0.0pp |
| Net Margin | 5.4% | — | 5.8% | — | -0.3pp |
| EPS (Diluted) | $1.04 | — | $1.16 | — | -10.3% |
| Free Cash Flow | -$1.3B | — | -$1.3B | — | 1.1% |
| Item | Amount |
|---|---|
| REVENUE | $14.8B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $14.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $14.0B |
| Operating Expenses | $14.0B |
| Cost & Expenses | $14.0B |
| OPERATING INCOME | $825M |
| Interest Income | $0 |
| Interest Expense | $48M |
| Other Income/Expenses | $166M |
| INCOME BEFORE TAX | $991M |
| Income Tax Expense | $169M |
| Net Income from Continuing Ops | $822M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $805M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $805M |
| D&A | $656M |
| EBIT | $1.0B |
| EBITDA | $1.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $14.8B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $14.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $14.0B |
| Operating Expenses | $14.0B |
| Cost & Expenses | $14.0B |
| OPERATING INCOME | $825M |
| Interest Income | $0 |
| Interest Expense | $48M |
| Other Income/Expenses | $166M |
| INCOME BEFORE TAX | $991M |
| Income Tax Expense | $169M |
| Net Income from Continuing Ops | $822M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $805M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $805M |
| D&A | $656M |
| EBIT | $1.0B |
| EBITDA | $1.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $805M |
| Depreciation & Amortization | $656M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | -$91M |
| Change in Working Capital | -$1.7B |
| OPERATING CASH FLOW | -$354M |
| Capital Expenditure | -$967M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$62M |
| NET CASH FROM INVESTING | -$1.0B |
| Net Debt Issuance | $147M |
| Common Stock Repurchased | -$94M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$30M |
| NET CASH FROM FINANCING | $23M |
| FREE CASH FLOW | -$1.3B |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.3B |
| Short-Term Investments | $0 |
| Net Receivables | $4.1B |
| Inventory | $16.9B |
| Other Current Assets | $3.4B |
| TOTAL CURRENT ASSETS | $29.7B |
| PP&E (Net) | $34.7B |
| Goodwill | $0 |
| Intangible Assets | $4.6B |
| Long-Term Investments | $11.7B |
| Tax Assets | $8.9B |
| Other Non-Current Assets | $1.9B |
| TOTAL NON-CURRENT ASSETS | $61.8B |
| TOTAL ASSETS | $91.5B |
| Account Payables | $11.9B |
| Short-Term Debt | $3.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $22.0B |
| Long-Term Debt | $8.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.4B |
| Other Non-Current Liabilities | $5.1B |
| TOTAL NON-CURRENT LIABILITIES | $16.2B |
| TOTAL LIABILITIES | $38.2B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $51.2B |
| TOTAL STOCKHOLDERS' EQUITY | $51.2B |
| Minority Interest | $2.1B |
| TOTAL EQUITY | $53.3B |
| TOTAL LIABILITIES & EQUITY | $91.5B |
| Total Debt | $12.0B |
| Net Debt | $6.7B |
