| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $724M | $758M | $674M | -4.4% | 7.5% |
| Op. Income | $182M | $186M | $153M | -2.4% | 18.8% |
| Gross Margin | 62.1% | 61.1% | 61.6% | 1.1pp | 0.5pp |
| Net Margin | 20.0% | 20.3% | 17.9% | -0.3pp | 2.1pp |
| EPS (Diluted) | $0.44 | $0.47 | $0.40 | -6.4% | 10.0% |
| Free Cash Flow | $102M | $229M | $96M | -55.3% | 7.0% |
| Item | Amount |
|---|---|
| REVENUE | $724M |
| Cost of Revenue | $274M |
| GROSS PROFIT | $450M |
| R&D Expenses | $0 |
| Selling & Marketing | $12M |
| General & Administrative | $158M |
| SG&A Expenses | $170M |
| Other Expenses | $99M |
| Operating Expenses | $268M |
| Cost & Expenses | $543M |
| OPERATING INCOME | $182M |
| Interest Income | $630M |
| Interest Expense | $243M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $182M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $145M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $145M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $141M |
| D&A | $16M |
| EBIT | $182M |
| EBITDA | $198M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $724M |
| Cost of Revenue | $274M |
| GROSS PROFIT | $450M |
| R&D Expenses | $0 |
| Selling & Marketing | $12M |
| General & Administrative | $158M |
| SG&A Expenses | $170M |
| Other Expenses | $99M |
| Operating Expenses | $268M |
| Cost & Expenses | $543M |
| OPERATING INCOME | $182M |
| Interest Income | $630M |
| Interest Expense | $243M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $182M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $145M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $145M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $141M |
| D&A | $16M |
| EBIT | $182M |
| EBITDA | $198M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $145M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $22M |
| Change in Working Capital | -$93M |
| OPERATING CASH FLOW | $108M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$452M |
| Sales/Maturities of Investments | $323M |
| Other Investing Activities | -$136M |
| NET CASH FROM INVESTING | -$271M |
| Net Debt Issuance | $4M |
| Common Stock Repurchased | -$14M |
| Common Dividends Paid | -$49M |
| Other Financing Activities | $232M |
| NET CASH FROM FINANCING | $174M |
| FREE CASH FLOW | $102M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $7.8B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $9.0B |
| PP&E (Net) | $585M |
| Goodwill | $2.2B |
| Intangible Assets | $114M |
| Long-Term Investments | $39.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.9B |
| TOTAL NON-CURRENT ASSETS | $44.9B |
| TOTAL ASSETS | $53.9B |
| Account Payables | $0 |
| Short-Term Debt | $290M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $41.0B |
| TOTAL CURRENT LIABILITIES | $41.3B |
| Long-Term Debt | $5.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $862M |
| TOTAL NON-CURRENT LIABILITIES | $6.0B |
| TOTAL LIABILITIES | $47.3B |
| Common Stock | $319M |
| Additional Paid-In Capital | $4.6B |
| Retained Earnings | $2.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$649M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.5B |
| TOTAL LIABILITIES & EQUITY | $53.9B |
| Total Debt | $5.4B |
| Net Debt | $4.2B |
