| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $670M | $696M | $666M | -3.6% | 0.6% |
| Op. Income | $224M | $235M | $230M | -4.8% | -2.6% |
| Gross Margin | 55.3% | 53.9% | 54.5% | 1.4pp | 0.8pp |
| Net Margin | 25.6% | 26.2% | 26.4% | -0.5pp | -0.7pp |
| EPS (Diluted) | $1.47 | $1.56 | $1.51 | -5.8% | -2.6% |
| Free Cash Flow | $242M | $121M | $224M | 100.3% | 8.0% |
| Item | Amount |
|---|---|
| REVENUE | $670M |
| Cost of Revenue | $300M |
| GROSS PROFIT | $371M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $89M |
| SG&A Expenses | $93M |
| Other Expenses | $54M |
| Operating Expenses | $147M |
| Cost & Expenses | $447M |
| OPERATING INCOME | $224M |
| Interest Income | $636M |
| Interest Expense | $261M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $224M |
| Income Tax Expense | $52M |
| Net Income from Continuing Ops | $172M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $172M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $168M |
| D&A | $20M |
| EBIT | $224M |
| EBITDA | $244M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $670M |
| Cost of Revenue | $300M |
| GROSS PROFIT | $371M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $89M |
| SG&A Expenses | $93M |
| Other Expenses | $54M |
| Operating Expenses | $147M |
| Cost & Expenses | $447M |
| OPERATING INCOME | $224M |
| Interest Income | $636M |
| Interest Expense | $261M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $224M |
| Income Tax Expense | $52M |
| Net Income from Continuing Ops | $172M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $172M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $168M |
| D&A | $20M |
| EBIT | $224M |
| EBITDA | $244M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $172M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$32M |
| Other Non-Cash Items | $36M |
| Change in Working Capital | $68M |
| OPERATING CASH FLOW | $269M |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | -$10M |
| Purchases of Investments | -$432M |
| Sales/Maturities of Investments | $306M |
| Other Investing Activities | -$1.2B |
| NET CASH FROM INVESTING | -$1.4B |
| Net Debt Issuance | -$120M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | -$48M |
| Other Financing Activities | $882M |
| NET CASH FROM FINANCING | $703M |
| FREE CASH FLOW | $242M |
| Net Change in Cash | -$403M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.4B |
| Short-Term Investments | $451M |
| Net Receivables | $174M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.0B |
| PP&E (Net) | $768M |
| Goodwill | $661M |
| Intangible Assets | $0 |
| Long-Term Investments | $33.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.6B |
| TOTAL NON-CURRENT ASSETS | $36.2B |
| TOTAL ASSETS | $39.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $31.9B |
| TOTAL CURRENT LIABILITIES | $31.9B |
| Long-Term Debt | $763M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $645M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $33.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $3.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$69M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.8B |
| Minority Interest | $383.0K |
| TOTAL EQUITY | $5.8B |
| TOTAL LIABILITIES & EQUITY | $39.2B |
| Total Debt | $763M |
| Net Debt | -$1.6B |
