| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.2B | $13.4B | $10.2B | -8.9% | 19.5% |
| Op. Income | $6.1B | $5.8B | $5.0B | 5.6% | 21.8% |
| Gross Margin | 83.5% | 84.8% | 84.8% | -1.3pp | -1.3pp |
| Net Margin | 37.2% | 32.9% | 38.9% | 4.2pp | -1.7pp |
| EPS (Diluted) | $1.02 | $0.99 | $0.89 | 3.2% | 15.0% |
| Free Cash Flow | $1.6B | -$667M | $831M | 335.0% | 88.6% |
| Item | Amount |
|---|---|
| REVENUE | $12.2B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $10.2B |
| R&D Expenses | $1.6B |
| Selling & Marketing | $2.3B |
| General & Administrative | $191M |
| SG&A Expenses | $2.5B |
| Other Expenses | -$2M |
| Operating Expenses | $4.1B |
| Cost & Expenses | $6.2B |
| OPERATING INCOME | $6.1B |
| Interest Income | $537M |
| Interest Expense | $812M |
| Other Income/Expenses | -$275M |
| INCOME BEFORE TAX | $5.8B |
| Income Tax Expense | $1.3B |
| Net Income from Continuing Ops | $4.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.5B |
| D&A | $600M |
| EBIT | $6.6B |
| EBITDA | $7.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $12.2B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $10.2B |
| R&D Expenses | $1.6B |
| Selling & Marketing | $2.3B |
| General & Administrative | $191M |
| SG&A Expenses | $2.5B |
| Other Expenses | -$2M |
| Operating Expenses | $4.1B |
| Cost & Expenses | $6.2B |
| OPERATING INCOME | $6.1B |
| Interest Income | $537M |
| Interest Expense | $812M |
| Other Income/Expenses | -$275M |
| INCOME BEFORE TAX | $5.8B |
| Income Tax Expense | $1.3B |
| Net Income from Continuing Ops | $4.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.5B |
| D&A | $600M |
| EBIT | $6.6B |
| EBITDA | $7.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $4.5B |
| Depreciation & Amortization | $600M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $1.3B |
| Other Non-Cash Items | $24M |
| Change in Working Capital | -$2.6B |
| OPERATING CASH FLOW | $3.9B |
| Capital Expenditure | -$2.3B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$18M |
| Sales/Maturities of Investments | $1.3B |
| Other Investing Activities | -$182M |
| NET CASH FROM INVESTING | -$1.0B |
| Net Debt Issuance | $2.4B |
| Common Stock Repurchased | -$217M |
| Common Dividends Paid | -$5.5B |
| Other Financing Activities | $4.2B |
| NET CASH FROM FINANCING | $854M |
| FREE CASH FLOW | $1.6B |
| Net Change in Cash | $3.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.1B |
| Short-Term Investments | $409M |
| Net Receivables | $13.5B |
| Inventory | $6.7B |
| Other Current Assets | $568M |
| TOTAL CURRENT ASSETS | $27.3B |
| PP&E (Net) | $27.0B |
| Goodwill | $0 |
| Intangible Assets | $17.1B |
| Long-Term Investments | $423M |
| Tax Assets | $4.1B |
| Other Non-Current Assets | $632M |
| TOTAL NON-CURRENT ASSETS | $49.3B |
| TOTAL ASSETS | $76.6B |
| Account Payables | $3.1B |
| Short-Term Debt | $3.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $28.0B |
| TOTAL CURRENT LIABILITIES | $37.0B |
| Long-Term Debt | $15.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.4B |
| Other Non-Current Liabilities | $1.5B |
| TOTAL NON-CURRENT LIABILITIES | $17.9B |
| TOTAL LIABILITIES | $54.9B |
| Common Stock | $70M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $21.5B |
| Treasury Stock | -$313.3K |
| Accum. Other Comp. Income | $122M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $21.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $21.7B |
| TOTAL LIABILITIES & EQUITY | $76.6B |
| Total Debt | $18.6B |
| Net Debt | $12.5B |
