| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.2B | $2.5B | $2.8B | 30.7% | 16.7% |
| Op. Income | $797M | $445M | $685M | 79.1% | 16.4% |
| Gross Margin | 34.7% | 30.8% | 35.5% | 3.9pp | -0.8pp |
| Net Margin | 18.3% | 11.6% | 19.3% | 6.7pp | -1.0pp |
| EPS (Diluted) | $1.18 | $0.57 | $1.06 | 107.0% | 11.3% |
| Free Cash Flow | $421M | -$611M | -$136M | 168.9% | 409.6% |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $320M |
| Operating Expenses | $320M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $797M |
| Interest Income | $28M |
| Interest Expense | $241M |
| Other Income/Expenses | -$180M |
| INCOME BEFORE TAX | $617M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $589M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $589M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $589M |
| D&A | $373M |
| EBIT | $858M |
| EBITDA | $1.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $320M |
| Operating Expenses | $320M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $797M |
| Interest Income | $28M |
| Interest Expense | $241M |
| Other Income/Expenses | -$180M |
| INCOME BEFORE TAX | $617M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $589M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $589M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $589M |
| D&A | $373M |
| EBIT | $858M |
| EBITDA | $1.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $589M |
| Depreciation & Amortization | $373M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$38M |
| Other Non-Cash Items | $55M |
| Change in Working Capital | $70M |
| OPERATING CASH FLOW | $1.0B |
| Capital Expenditure | -$628M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | -$618M |
| Net Debt Issuance | $707M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$314M |
| Other Financing Activities | -$48M |
| NET CASH FROM FINANCING | $345M |
| FREE CASH FLOW | $421M |
| Net Change in Cash | $776M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $894M |
| Short-Term Investments | $0 |
| Net Receivables | $2.0B |
| Inventory | $991M |
| Other Current Assets | $808M |
| TOTAL CURRENT ASSETS | $4.8B |
| PP&E (Net) | $40.4B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $239M |
| Tax Assets | $0 |
| Other Non-Current Assets | $10.1B |
| TOTAL NON-CURRENT ASSETS | $50.8B |
| TOTAL ASSETS | $55.6B |
| Account Payables | $1.1B |
| Short-Term Debt | $3.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.5B |
| TOTAL CURRENT LIABILITIES | $5.8B |
| Long-Term Debt | $20.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12.8B |
| TOTAL NON-CURRENT LIABILITIES | $33.4B |
| TOTAL LIABILITIES | $39.2B |
| Common Stock | $5.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $12.9B |
| Treasury Stock | -$1.4B |
| Accum. Other Comp. Income | -$136M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $16.4B |
| TOTAL LIABILITIES & EQUITY | $55.6B |
| Total Debt | $23.5B |
| Net Debt | $22.7B |
