| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11.8B | $12.0B | $12.2B | -2.1% | -3.4% |
| Op. Income | $449M | $111M | $444M | 304.8% | 1.0% |
| Gross Margin | 7.6% | 6.0% | 7.3% | 1.6pp | 0.3pp |
| Net Margin | 1.7% | -2.4% | 3.0% | 4.1pp | -1.3pp |
| EPS (Diluted) | $0.67 | $-0.96 | $1.08 | 170.6% | -37.5% |
| Free Cash Flow | -$575M | $23M | -$1.1B | -2602.2% | 48.0% |
| Item | Amount |
|---|---|
| REVENUE | $11.8B |
| Cost of Revenue | $10.9B |
| GROSS PROFIT | $899M |
| R&D Expenses | $32M |
| Selling & Marketing | $47M |
| General & Administrative | $354M |
| SG&A Expenses | $401M |
| Other Expenses | $17M |
| Operating Expenses | $450M |
| Cost & Expenses | $11.3B |
| OPERATING INCOME | $449M |
| Interest Income | $86M |
| Interest Expense | $190M |
| Other Income/Expenses | -$104M |
| INCOME BEFORE TAX | $344M |
| Income Tax Expense | $112M |
| Net Income from Continuing Ops | $232M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $204M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $204M |
| D&A | $690M |
| EBIT | $384M |
| EBITDA | $1.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $11.8B |
| Cost of Revenue | $10.9B |
| GROSS PROFIT | $899M |
| R&D Expenses | $32M |
| Selling & Marketing | $47M |
| General & Administrative | $354M |
| SG&A Expenses | $401M |
| Other Expenses | $17M |
| Operating Expenses | $450M |
| Cost & Expenses | $11.3B |
| OPERATING INCOME | $449M |
| Interest Income | $86M |
| Interest Expense | $190M |
| Other Income/Expenses | -$104M |
| INCOME BEFORE TAX | $344M |
| Income Tax Expense | $112M |
| Net Income from Continuing Ops | $232M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $204M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $204M |
| D&A | $690M |
| EBIT | $384M |
| EBITDA | $1.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $232M |
| Depreciation & Amortization | $690M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $112M |
| Other Non-Cash Items | -$387M |
| Change in Working Capital | -$196M |
| OPERATING CASH FLOW | $451M |
| Capital Expenditure | -$1.0B |
| Acquisitions (Net) | -$7M |
| Purchases of Investments | -$3.5B |
| Sales/Maturities of Investments | $3.0B |
| Other Investing Activities | $52M |
| NET CASH FROM INVESTING | -$1.3B |
| Net Debt Issuance | $718M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $164M |
| NET CASH FROM FINANCING | $880M |
| FREE CASH FLOW | -$575M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.6B |
| Short-Term Investments | $5.9B |
| Net Receivables | $7.5B |
| Inventory | $9.0B |
| Other Current Assets | $2.9B |
| TOTAL CURRENT ASSETS | $29.9B |
| PP&E (Net) | $27.1B |
| Goodwill | $241M |
| Intangible Assets | $3.0B |
| Long-Term Investments | $4.6B |
| Tax Assets | $1.2B |
| Other Non-Current Assets | $3.0B |
| TOTAL NON-CURRENT ASSETS | $39.0B |
| TOTAL ASSETS | $68.9B |
| Account Payables | $3.8B |
| Short-Term Debt | $7.5B |
| Deferred Revenue | $283M |
| Other Current Liabilities | $3.3B |
| TOTAL CURRENT LIABILITIES | $15.8B |
| Long-Term Debt | $9.9B |
| Deferred Revenue NC | $29M |
| Deferred Tax Liabilities | $466M |
| Other Non-Current Liabilities | $581M |
| TOTAL NON-CURRENT LIABILITIES | $11.5B |
| TOTAL LIABILITIES | $27.3B |
| Common Stock | $326M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $36.0B |
| Treasury Stock | -$794M |
| Accum. Other Comp. Income | $824M |
| Other Equity | $1 |
| TOTAL STOCKHOLDERS' EQUITY | $37.5B |
| Minority Interest | $4.1B |
| TOTAL EQUITY | $41.6B |
| TOTAL LIABILITIES & EQUITY | $68.9B |
| Total Debt | $18.0B |
| Net Debt | $13.4B |
