| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20.4B | $20.3B | $17.2B | 0.7% | 18.4% |
| Op. Income | $3.2B | $3.0B | $2.9B | 9.0% | 10.1% |
| Gross Margin | 30.1% | 28.8% | 29.2% | 1.3pp | 0.9pp |
| Net Margin | 12.6% | 11.6% | 13.5% | 1.0pp | -0.9pp |
| EPS (Diluted) | $4.37 | $4.01 | $3.94 | 9.0% | 10.9% |
| Free Cash Flow | $5.1B | $2.9B | $4.2B | 75.5% | 21.5% |
| Item | Amount |
|---|---|
| REVENUE | $20.4B |
| Cost of Revenue | $14.3B |
| GROSS PROFIT | $6.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $2.9B |
| Operating Expenses | $2.9B |
| Cost & Expenses | $17.2B |
| OPERATING INCOME | $3.2B |
| Interest Income | $0 |
| Interest Expense | $70M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3.2B |
| Income Tax Expense | $669M |
| Net Income from Continuing Ops | $2.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.6B |
| D&A | $70M |
| EBIT | $3.3B |
| EBITDA | $3.4B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $20.4B |
| Cost of Revenue | $14.3B |
| GROSS PROFIT | $6.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $2.9B |
| Operating Expenses | $2.9B |
| Cost & Expenses | $17.2B |
| OPERATING INCOME | $3.2B |
| Interest Income | $0 |
| Interest Expense | $70M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3.2B |
| Income Tax Expense | $669M |
| Net Income from Continuing Ops | $2.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.6B |
| D&A | $70M |
| EBIT | $3.3B |
| EBITDA | $3.4B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $2.6B |
| Depreciation & Amortization | $70M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $194M |
| Change in Working Capital | $2.3B |
| OPERATING CASH FLOW | $5.1B |
| Capital Expenditure | -$59M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$19.4B |
| Sales/Maturities of Investments | $16.9B |
| Other Investing Activities | $185M |
| NET CASH FROM INVESTING | -$2.3B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$54M |
| Common Dividends Paid | -$2.7B |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2.7B |
| FREE CASH FLOW | $5.1B |
| Net Change in Cash | $53M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $195M |
| Short-Term Investments | $11.1B |
| Net Receivables | $21.3B |
| Inventory | $0 |
| Other Current Assets | $63.9B |
| TOTAL CURRENT ASSETS | $96.7B |
| PP&E (Net) | $854M |
| Goodwill | $0 |
| Intangible Assets | $2.1B |
| Long-Term Investments | $83.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$85.7B |
| TOTAL NON-CURRENT ASSETS | $854M |
| TOTAL ASSETS | $111.4B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $6.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $75.6B |
| TOTAL NON-CURRENT LIABILITIES | $82.5B |
| TOTAL LIABILITIES | $82.5B |
| Common Stock | $586M |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $26.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$524M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $29.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $29.0B |
| TOTAL LIABILITIES & EQUITY | $111.4B |
| Total Debt | $6.9B |
| Net Debt | $6.7B |
