| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.5B | $4.4B | $4.4B | 2.1% | 2.3% |
| Op. Income | $404M | $307M | $250M | 31.9% | 61.6% |
| Gross Margin | 12.4% | 12.7% | 8.8% | -0.2pp | 3.6pp |
| Net Margin | 6.6% | 5.4% | 4.0% | 1.2pp | 2.6pp |
| EPS (Diluted) | $1.24 | $0.99 | $0.73 | 25.3% | 69.9% |
| Free Cash Flow | $29M | $190M | $163M | -84.9% | -82.4% |
| Item | Amount |
|---|---|
| REVENUE | $4.5B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $555M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $134M |
| Other Expenses | $17M |
| Operating Expenses | $150M |
| Cost & Expenses | $4.1B |
| OPERATING INCOME | $404M |
| Interest Income | $25M |
| Interest Expense | $42M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $390M |
| Income Tax Expense | $94M |
| Net Income from Continuing Ops | $296M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $296M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $296M |
| D&A | $105M |
| EBIT | $432M |
| EBITDA | $537M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.5B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $555M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $134M |
| Other Expenses | $17M |
| Operating Expenses | $150M |
| Cost & Expenses | $4.1B |
| OPERATING INCOME | $404M |
| Interest Income | $25M |
| Interest Expense | $42M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $390M |
| Income Tax Expense | $94M |
| Net Income from Continuing Ops | $296M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $296M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $296M |
| D&A | $105M |
| EBIT | $432M |
| EBITDA | $537M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $296M |
| Depreciation & Amortization | $105M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$11M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$273M |
| OPERATING CASH FLOW | $127M |
| Capital Expenditure | -$98M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$97M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | $34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.1B |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $1.9B |
| Other Current Assets | $272M |
| TOTAL CURRENT ASSETS | $5.4B |
| PP&E (Net) | $3.4B |
| Goodwill | $1.3B |
| Intangible Assets | $820M |
| Long-Term Investments | $0 |
| Tax Assets | $29M |
| Other Non-Current Assets | $67M |
| TOTAL NON-CURRENT ASSETS | $5.6B |
| TOTAL ASSETS | $11.0B |
| Account Payables | $1.3B |
| Short-Term Debt | $862.0K |
| Deferred Revenue | $42M |
| Other Current Liabilities | $461M |
| TOTAL CURRENT LIABILITIES | $4.0B |
| Long-Term Debt | $3.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $419M |
| Other Non-Current Liabilities | $19M |
| TOTAL NON-CURRENT LIABILITIES | $3.8B |
| TOTAL LIABILITIES | $7.8B |
| Common Stock | $3M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $2.0B |
| Treasury Stock | -$545M |
| Accum. Other Comp. Income | -$284M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $14M |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $11.0B |
| Total Debt | $3.5B |
| Net Debt | $1.4B |
