| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14.0B | $16.2B | $12.7B | -13.5% | 10.2% |
| Op. Income | $2.4B | $3.7B | $3.8B | -37.1% | -38.1% |
| Gross Margin | 57.2% | 56.8% | 62.3% | 0.4pp | -5.1pp |
| Net Margin | 15.4% | 24.8% | 32.3% | -9.4pp | -16.8pp |
| EPS (Diluted) | $1.46 | $2.71 | $2.77 | -46.2% | -47.5% |
| Free Cash Flow | $2.3B | $4.2B | $3.1B | -45.7% | -26.3% |
| Item | Amount |
|---|---|
| REVENUE | $14.0B |
| Cost of Revenue | $6.0B |
| GROSS PROFIT | $8.0B |
| R&D Expenses | $523M |
| Selling & Marketing | $4.9B |
| General & Administrative | $242M |
| SG&A Expenses | $5.1B |
| Other Expenses | $0 |
| Operating Expenses | $5.6B |
| Cost & Expenses | $11.6B |
| OPERATING INCOME | $2.4B |
| Interest Income | $33M |
| Interest Expense | $0 |
| Other Income/Expenses | $458M |
| INCOME BEFORE TAX | $2.8B |
| Income Tax Expense | $655M |
| Net Income from Continuing Ops | $2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.2B |
| D&A | $26M |
| EBIT | $2.4B |
| EBITDA | $2.4B |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $14.0B |
| Cost of Revenue | $6.0B |
| GROSS PROFIT | $8.0B |
| R&D Expenses | $523M |
| Selling & Marketing | $4.9B |
| General & Administrative | $242M |
| SG&A Expenses | $5.1B |
| Other Expenses | $0 |
| Operating Expenses | $5.6B |
| Cost & Expenses | $11.6B |
| OPERATING INCOME | $2.4B |
| Interest Income | $33M |
| Interest Expense | $0 |
| Other Income/Expenses | $458M |
| INCOME BEFORE TAX | $2.8B |
| Income Tax Expense | $655M |
| Net Income from Continuing Ops | $2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.2B |
| D&A | $26M |
| EBIT | $2.4B |
| EBITDA | $2.4B |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.2B |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $318M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$204M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $2.3B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$933M |
| NET CASH FROM INVESTING | -$933M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $32.0K |
| NET CASH FROM FINANCING | $32.0K |
| FREE CASH FLOW | $2.3B |
| Net Change in Cash | $1.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.2B |
| Short-Term Investments | $43.0B |
| Net Receivables | $1.9B |
| Inventory | $0 |
| Other Current Assets | $10.3B |
| TOTAL CURRENT ASSETS | $65.4B |
| PP&E (Net) | $940M |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $9M |
| Other Non-Current Assets | $11.1B |
| TOTAL NON-CURRENT ASSETS | $12.1B |
| TOTAL ASSETS | $77.5B |
| Account Payables | $13.5B |
| Short-Term Debt | $775M |
| Deferred Revenue | $430M |
| Other Current Liabilities | $2.4B |
| TOTAL CURRENT LIABILITIES | $28.8B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $24M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $553M |
| TOTAL LIABILITIES | $29.3B |
| Common Stock | $26.3K |
| Additional Paid-In Capital | $17.5B |
| Retained Earnings | $29.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $48.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $48.2B |
| TOTAL LIABILITIES & EQUITY | $77.5B |
| Total Debt | $1.6B |
| Net Debt | -$8.6B |
