| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $805M | $788M | $736M | 2.1% | 9.4% |
| Op. Income | $221M | $219M | $193M | 1.3% | 14.4% |
| Gross Margin | 40.5% | 39.4% | 39.9% | 1.0pp | 0.6pp |
| Net Margin | 21.0% | 21.2% | 18.7% | -0.2pp | 2.3pp |
| EPS (Diluted) | $5.05 | $4.96 | $3.93 | 1.8% | 28.5% |
| Free Cash Flow | $189M | $268M | $203M | -29.6% | -6.8% |
| Item | Amount |
|---|---|
| REVENUE | $805M |
| Cost of Revenue | $479M |
| GROSS PROFIT | $326M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $104M |
| Operating Expenses | $104M |
| Cost & Expenses | $584M |
| OPERATING INCOME | $221M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $221M |
| Income Tax Expense | $52M |
| Net Income from Continuing Ops | $169M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $169M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $168M |
| D&A | $5M |
| EBIT | $227M |
| EBITDA | $232M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $805M |
| Cost of Revenue | $479M |
| GROSS PROFIT | $326M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $104M |
| Operating Expenses | $104M |
| Cost & Expenses | $584M |
| OPERATING INCOME | $221M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $221M |
| Income Tax Expense | $52M |
| Net Income from Continuing Ops | $169M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $169M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $168M |
| D&A | $5M |
| EBIT | $227M |
| EBITDA | $232M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $169M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$62M |
| Change in Working Capital | $72M |
| OPERATING CASH FLOW | $197M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$191M |
| Sales/Maturities of Investments | $101M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$99M |
| Net Debt Issuance | -$68.0K |
| Common Stock Repurchased | -$118M |
| Common Dividends Paid | -$35M |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$161M |
| FREE CASH FLOW | $189M |
| Net Change in Cash | -$63M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $625M |
| Short-Term Investments | $1.1B |
| Net Receivables | $3.1B |
| Inventory | $0 |
| Other Current Assets | -$4.9B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $45M |
| Goodwill | $0 |
| Intangible Assets | $45M |
| Long-Term Investments | $4.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$4.5B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $14.6B |
| Account Payables | $495M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$610M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$1.9B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $12.3B |
| Common Stock | $331.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $14.6B |
| Total Debt | $1.9B |
| Net Debt | $1.3B |
