| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $483M | $521M | $459M | -7.2% | 5.4% |
| Op. Income | $115M | $119M | $95M | -3.1% | 21.5% |
| Gross Margin | 63.8% | 63.9% | 63.4% | -0.1pp | 0.4pp |
| Net Margin | 18.8% | 16.9% | 17.6% | 1.8pp | 1.2pp |
| EPS (Diluted) | $0.41 | $0.41 | $0.36 | 0.0% | 13.9% |
| Free Cash Flow | $96M | $142M | $95M | -32.4% | 1.2% |
| Item | Amount |
|---|---|
| REVENUE | $483M |
| Cost of Revenue | $175M |
| GROSS PROFIT | $309M |
| R&D Expenses | $44M |
| Selling & Marketing | $106M |
| General & Administrative | $32M |
| SG&A Expenses | $138M |
| Other Expenses | $12M |
| Operating Expenses | $193M |
| Cost & Expenses | $368M |
| OPERATING INCOME | $115M |
| Interest Income | $15M |
| Interest Expense | $7M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $120M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $91M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $91M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $91M |
| D&A | $44M |
| EBIT | $127M |
| EBITDA | $171M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $483M |
| Cost of Revenue | $175M |
| GROSS PROFIT | $309M |
| R&D Expenses | $44M |
| Selling & Marketing | $106M |
| General & Administrative | $32M |
| SG&A Expenses | $138M |
| Other Expenses | $12M |
| Operating Expenses | $193M |
| Cost & Expenses | $368M |
| OPERATING INCOME | $115M |
| Interest Income | $15M |
| Interest Expense | $7M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $120M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $91M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $91M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $91M |
| D&A | $44M |
| EBIT | $127M |
| EBITDA | $171M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $91M |
| Depreciation & Amortization | $44M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$542.0K |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $140M |
| Capital Expenditure | -$44M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$26M |
| Sales/Maturities of Investments | $190M |
| Other Investing Activities | $926.0K |
| NET CASH FROM INVESTING | $120M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$280M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$287M |
| FREE CASH FLOW | $96M |
| Net Change in Cash | -$25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $639M |
| Short-Term Investments | $325M |
| Net Receivables | $341M |
| Inventory | $281M |
| Other Current Assets | $157M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $804M |
| Goodwill | $2.4B |
| Intangible Assets | $291M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $260M |
| TOTAL NON-CURRENT ASSETS | $3.8B |
| TOTAL ASSETS | $5.5B |
| Account Payables | $70M |
| Short-Term Debt | $56M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $517M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $268M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $3M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $2.5B |
| Treasury Stock | -$50M |
| Accum. Other Comp. Income | -$442M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $5.5B |
| Total Debt | $1.4B |
| Net Debt | $770M |
