| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15.4B | $15.2B | $14.9B | 1.5% | 3.2% |
| Op. Income | $215M | $281M | $216M | -23.5% | -0.4% |
| Gross Margin | 11.4% | 11.5% | 11.1% | -0.1pp | 0.3pp |
| Net Margin | 0.7% | 1.1% | 0.8% | -0.4pp | -0.1pp |
| EPS (Diluted) | $0.69 | $1.07 | $0.77 | -35.5% | -10.4% |
| Free Cash Flow | -$43M | $55M | $34M | -178.0% | -226.8% |
| Item | Amount |
|---|---|
| REVENUE | $15.4B |
| Cost of Revenue | $13.7B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.5B |
| Operating Expenses | $1.5B |
| Cost & Expenses | $15.2B |
| OPERATING INCOME | $215M |
| Interest Income | $0 |
| Interest Expense | $67M |
| Other Income/Expenses | -$68M |
| INCOME BEFORE TAX | $147M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $108M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $108M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $108M |
| D&A | $153M |
| EBIT | $214M |
| EBITDA | $367M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $15.4B |
| Cost of Revenue | $13.7B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.5B |
| Operating Expenses | $1.5B |
| Cost & Expenses | $15.2B |
| OPERATING INCOME | $215M |
| Interest Income | $0 |
| Interest Expense | $67M |
| Other Income/Expenses | -$68M |
| INCOME BEFORE TAX | $147M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $108M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $108M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $108M |
| D&A | $153M |
| EBIT | $214M |
| EBITDA | $367M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $108M |
| Depreciation & Amortization | $153M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$15M |
| Other Non-Cash Items | $24M |
| Change in Working Capital | -$227M |
| OPERATING CASH FLOW | $54M |
| Capital Expenditure | -$97M |
| Acquisitions (Net) | -$574M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$670M |
| Net Debt Issuance | $698M |
| Common Stock Repurchased | -$46M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$13M |
| NET CASH FROM FINANCING | $639M |
| FREE CASH FLOW | -$43M |
| Net Change in Cash | $23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43M |
| Short-Term Investments | $0 |
| Net Receivables | $2.5B |
| Inventory | $3.7B |
| Other Current Assets | $225M |
| TOTAL CURRENT ASSETS | $6.5B |
| PP&E (Net) | $3.8B |
| Goodwill | $2.7B |
| Intangible Assets | $1.2B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $154M |
| TOTAL NON-CURRENT ASSETS | $7.9B |
| TOTAL ASSETS | $14.4B |
| Account Payables | $2.8B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.8B |
| Long-Term Debt | $3.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $592M |
| Other Non-Current Liabilities | $272M |
| TOTAL NON-CURRENT LIABILITIES | $6.4B |
| TOTAL LIABILITIES | $10.2B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.8B |
| Retained Earnings | $1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.2B |
| TOTAL LIABILITIES & EQUITY | $14.4B |
| Total Debt | $5.8B |
| Net Debt | $5.7B |
