| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.1B | $7.0B | $5.2B | -26.6% | -1.2% |
| Op. Income | -$56M | $555M | $474M | -110.1% | -111.9% |
| Gross Margin | 41.5% | 45.6% | 49.7% | -4.0pp | -8.2pp |
| Net Margin | -1.3% | 13.7% | 9.8% | -15.0pp | -11.1pp |
| EPS (Diluted) | $-0.01 | $0.06 | $0.09 | -120.4% | -114.1% |
| Free Cash Flow | $843M | $58M | $1.1B | 1342.0% | -24.5% |
| Item | Amount |
|---|---|
| REVENUE | $5.1B |
| Cost of Revenue | $3.0B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $1.3B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $851M |
| Other Expenses | -$1M |
| Operating Expenses | $2.2B |
| Cost & Expenses | $5.2B |
| OPERATING INCOME | -$56M |
| Interest Income | $13M |
| Interest Expense | $0 |
| Other Income/Expenses | $14M |
| INCOME BEFORE TAX | -$42M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | -$69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$69M |
| D&A | $309M |
| EBIT | -$56M |
| EBITDA | $253M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$70M |
| Depreciation & Amortization | $309M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $27M |
| Other Non-Cash Items | $64M |
| Change in Working Capital | $711M |
| OPERATING CASH FLOW | $1.0B |
| Capital Expenditure | -$198M |
| Acquisitions (Net) | -$1.2B |
| Purchases of Investments | -$96M |
| Sales/Maturities of Investments | $686M |
| Other Investing Activities | $20M |
| NET CASH FROM INVESTING | -$740M |
| Net Debt Issuance | -$649M |
| Common Stock Repurchased | -$638M |
| Common Dividends Paid | -$188M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1.5B |
| FREE CASH FLOW | $843M |
| Net Change in Cash | -$1.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.5B |
| Short-Term Investments | $2.0B |
| Net Receivables | $7.6B |
| Inventory | $3.0B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $19.1B |
| PP&E (Net) | $2.8B |
| Goodwill | $7.5B |
| Intangible Assets | $2.0B |
| Long-Term Investments | $2.0B |
| Tax Assets | $4.2B |
| Other Non-Current Assets | $8.4B |
| TOTAL NON-CURRENT ASSETS | $26.8B |
| TOTAL ASSETS | $45.9B |
| Account Payables | $3.5B |
| Short-Term Debt | $2.2B |
| Deferred Revenue | $1.9B |
| Other Current Liabilities | $5.9B |
| TOTAL CURRENT LIABILITIES | $14.0B |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $229M |
| Deferred Tax Liabilities | $702M |
| Other Non-Current Liabilities | $3.1B |
| TOTAL NON-CURRENT LIABILITIES | $7.5B |
| TOTAL LIABILITIES | $21.6B |
| Common Stock | $288M |
| Additional Paid-In Capital | $979M |
| Retained Earnings | $2.0B |
| Treasury Stock | -$1.2B |
| Accum. Other Comp. Income | $22.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $24.2B |
| Minority Interest | $104M |
| TOTAL EQUITY | $24.3B |
| TOTAL LIABILITIES & EQUITY | $45.9B |
| Total Debt | $5.9B |
| Net Debt | -$559M |
