| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.5B | $3.7B | $3.6B | -4.4% | -1.4% |
| Op. Income | $521M | $594M | $291M | -12.3% | 79.4% |
| Gross Margin | 55.2% | 53.6% | 46.4% | 1.6pp | 8.8pp |
| Net Margin | 11.2% | 12.4% | 6.0% | -1.2pp | 5.1pp |
| EPS (Diluted) | $1.90 | $2.26 | $0.96 | -15.9% | 97.9% |
| Free Cash Flow | $2.6B | -$2.9B | -$1.6B | 189.7% | 262.4% |
| Item | Amount |
|---|---|
| REVENUE | $3.5B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $17M |
| General & Administrative | $766M |
| SG&A Expenses | $783M |
| Other Expenses | $634M |
| Operating Expenses | $1.4B |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $521M |
| Interest Income | $2.1B |
| Interest Expense | $1.6B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $521M |
| Income Tax Expense | $129M |
| Net Income from Continuing Ops | $392M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $392M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $372M |
| D&A | $191M |
| EBIT | $521M |
| EBITDA | $712M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $3.5B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $17M |
| General & Administrative | $766M |
| SG&A Expenses | $783M |
| Other Expenses | $634M |
| Operating Expenses | $1.4B |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $521M |
| Interest Income | $2.1B |
| Interest Expense | $1.6B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $521M |
| Income Tax Expense | $129M |
| Net Income from Continuing Ops | $392M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $392M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $372M |
| D&A | $191M |
| EBIT | $521M |
| EBITDA | $712M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $392M |
| Depreciation & Amortization | $191M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $2.2B |
| OPERATING CASH FLOW | $2.7B |
| Capital Expenditure | -$184M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$8.6B |
| Sales/Maturities of Investments | $9.2B |
| Other Investing Activities | -$10.8B |
| NET CASH FROM INVESTING | -$10.3B |
| Net Debt Issuance | $8M |
| Common Stock Repurchased | -$287M |
| Common Dividends Paid | -$146M |
| Other Financing Activities | $7.3B |
| NET CASH FROM FINANCING | $6.8B |
| FREE CASH FLOW | $2.6B |
| Net Change in Cash | -$309M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $58.8B |
| Short-Term Investments | $10.5B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $69.3B |
| PP&E (Net) | $477M |
| Goodwill | $701M |
| Intangible Assets | $0 |
| Long-Term Investments | $81.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $13.1B |
| TOTAL NON-CURRENT ASSETS | $95.7B |
| TOTAL ASSETS | $165.1B |
| Account Payables | $0 |
| Short-Term Debt | $2.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $131.0B |
| TOTAL CURRENT LIABILITIES | $133.7B |
| Long-Term Debt | $13.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.0B |
| TOTAL NON-CURRENT LIABILITIES | $18.5B |
| TOTAL LIABILITIES | $152.2B |
| Common Stock | $409M |
| Additional Paid-In Capital | $997M |
| Retained Earnings | $15.8B |
| Treasury Stock | -$4.5B |
| Accum. Other Comp. Income | -$740M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $12.9B |
| TOTAL LIABILITIES & EQUITY | $165.1B |
| Total Debt | $16.1B |
| Net Debt | -$42.7B |
