| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13.3B | $14.3B | $12.5B | -6.9% | 6.9% |
| Op. Income | $4.0B | $4.7B | $3.3B | -14.8% | 21.1% |
| Gross Margin | 70.6% | 72.5% | 71.0% | -1.9pp | -0.4pp |
| Net Margin | 22.0% | 22.0% | 19.4% | 0.0pp | 2.6pp |
| EPS (Diluted) | $1.03 | $1.11 | $0.86 | -7.2% | 19.8% |
| Free Cash Flow | $5.1B | $3.3B | $5.7B | 56.1% | -9.5% |
| Item | Amount |
|---|---|
| REVENUE | $13.3B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $9.4B |
| R&D Expenses | $2.3B |
| Selling & Marketing | $2.0B |
| General & Administrative | $358M |
| SG&A Expenses | $2.4B |
| Other Expenses | $710M |
| Operating Expenses | $5.4B |
| Cost & Expenses | $9.3B |
| OPERATING INCOME | $4.0B |
| Interest Income | $133M |
| Interest Expense | $842M |
| Other Income/Expenses | -$822M |
| INCOME BEFORE TAX | $3.2B |
| Income Tax Expense | $240M |
| Net Income from Continuing Ops | $2.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.9B |
| D&A | $1.4B |
| EBIT | $4.0B |
| EBITDA | $5.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $13.3B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $9.4B |
| R&D Expenses | $2.3B |
| Selling & Marketing | $2.0B |
| General & Administrative | $358M |
| SG&A Expenses | $2.4B |
| Other Expenses | $710M |
| Operating Expenses | $5.4B |
| Cost & Expenses | $9.3B |
| OPERATING INCOME | $4.0B |
| Interest Income | $133M |
| Interest Expense | $842M |
| Other Income/Expenses | -$822M |
| INCOME BEFORE TAX | $3.2B |
| Income Tax Expense | $240M |
| Net Income from Continuing Ops | $2.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.9B |
| D&A | $1.4B |
| EBIT | $4.0B |
| EBITDA | $5.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.9B |
| Depreciation & Amortization | $1.4B |
| Stock-Based Compensation | $1.0B |
| Deferred Income Tax | -$151M |
| Other Non-Cash Items | $130M |
| Change in Working Capital | $2.1B |
| OPERATING CASH FLOW | $7.4B |
| Capital Expenditure | -$2.3B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$477M |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2.8B |
| Net Debt Issuance | -$2.4B |
| Common Stock Repurchased | -$1.0B |
| Common Dividends Paid | -$1.1B |
| Other Financing Activities | -$82M |
| NET CASH FROM FINANCING | -$4.6B |
| FREE CASH FLOW | $5.1B |
| Net Change in Cash | $162M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.6B |
| Short-Term Investments | $295M |
| Net Receivables | $8.0B |
| Inventory | $0 |
| Other Current Assets | $4.1B |
| TOTAL CURRENT ASSETS | $23.1B |
| PP&E (Net) | $23.1B |
| Goodwill | $62.2B |
| Intangible Assets | $6.3B |
| Long-Term Investments | $0 |
| Tax Assets | $12.2B |
| Other Non-Current Assets | $17.3B |
| TOTAL NON-CURRENT ASSETS | $121.1B |
| TOTAL ASSETS | $144.2B |
| Account Payables | $2.2B |
| Short-Term Debt | $9.2B |
| Deferred Revenue | $11.5B |
| Other Current Liabilities | $7.4B |
| TOTAL CURRENT LIABILITIES | $32.0B |
| Long-Term Debt | $75.3B |
| Deferred Revenue NC | $1.4B |
| Deferred Tax Liabilities | $3.4B |
| Other Non-Current Liabilities | $20.7B |
| TOTAL NON-CURRENT LIABILITIES | $100.9B |
| TOTAL LIABILITIES | $132.9B |
| Common Stock | $33.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$20.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.8B |
| Minority Interest | $453M |
| TOTAL EQUITY | $11.3B |
| TOTAL LIABILITIES & EQUITY | $144.2B |
| Total Debt | $84.5B |
| Net Debt | $73.9B |
