| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.0B | $3.0B | — | -1.0% | — |
| Op. Income | $938M | $1.1B | — | -14.2% | — |
| Gross Margin | 31.3% | 36.1% | — | -4.8pp | — |
| Net Margin | 25.1% | 24.2% | — | 0.8pp | — |
| EPS (Diluted) | $3.31 | $3.23 | — | 2.5% | — |
| Free Cash Flow | $501M | $276M | — | 81.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $938M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $938M |
| Interest Income | $0 |
| Interest Expense | $199M |
| Other Income/Expenses | $40M |
| INCOME BEFORE TAX | $978M |
| Income Tax Expense | $228M |
| Net Income from Continuing Ops | $750M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $750M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $749M |
| D&A | $346M |
| EBIT | $1.2B |
| EBITDA | $1.5B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $938M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $938M |
| Interest Income | $0 |
| Interest Expense | $199M |
| Other Income/Expenses | $40M |
| INCOME BEFORE TAX | $978M |
| Income Tax Expense | $228M |
| Net Income from Continuing Ops | $750M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $750M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $749M |
| D&A | $346M |
| EBIT | $1.2B |
| EBITDA | $1.5B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $750M |
| Depreciation & Amortization | $346M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $57M |
| Other Non-Cash Items | -$95M |
| Change in Working Capital | -$108M |
| OPERATING CASH FLOW | $950M |
| Capital Expenditure | -$449M |
| Acquisitions (Net) | $18M |
| Purchases of Investments | -$609M |
| Sales/Maturities of Investments | $19M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1.0B |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$257M |
| Common Dividends Paid | -$306M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$564M |
| FREE CASH FLOW | $501M |
| Net Change in Cash | -$635M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $273M |
| Other Current Assets | $191M |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $35.8B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $4.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $41.1B |
| TOTAL ASSETS | $43.8B |
| Account Payables | $1.4B |
| Short-Term Debt | $555M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $960M |
| TOTAL CURRENT LIABILITIES | $3.5B |
| Long-Term Debt | $16.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7.5B |
| Other Non-Current Liabilities | $1.7B |
| TOTAL NON-CURRENT LIABILITIES | $25.8B |
| TOTAL LIABILITIES | $29.3B |
| Common Stock | $227M |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $12.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$261M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $14.5B |
| TOTAL LIABILITIES & EQUITY | $43.8B |
| Total Debt | $17.2B |
| Net Debt | $16.2B |
