| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $815M | — | $716M | — | 13.9% |
| Op. Income | $190M | — | $187M | — | 1.6% |
| Gross Margin | 60.4% | — | 58.7% | — | 1.7pp |
| Net Margin | 18.1% | — | 20.8% | — | -2.7pp |
| EPS (Diluted) | $0.18 | — | $0.89 | — | -80.2% |
| Free Cash Flow | $22M | — | -$10M | — | 325.0% |
| Item | Amount |
|---|---|
| REVENUE | $815M |
| Cost of Revenue | $323M |
| GROSS PROFIT | $492M |
| R&D Expenses | $66M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $241M |
| Other Expenses | -$5M |
| Operating Expenses | $302M |
| Cost & Expenses | $624M |
| OPERATING INCOME | $190M |
| Interest Income | $8M |
| Interest Expense | $6M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $200M |
| Income Tax Expense | $52M |
| Net Income from Continuing Ops | $148M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $148M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $148M |
| D&A | $40M |
| EBIT | $190M |
| EBITDA | $231M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $815M |
| Cost of Revenue | $323M |
| GROSS PROFIT | $492M |
| R&D Expenses | $66M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $241M |
| Other Expenses | -$5M |
| Operating Expenses | $302M |
| Cost & Expenses | $624M |
| OPERATING INCOME | $190M |
| Interest Income | $8M |
| Interest Expense | $6M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $200M |
| Income Tax Expense | $52M |
| Net Income from Continuing Ops | $148M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $148M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $148M |
| D&A | $40M |
| EBIT | $190M |
| EBITDA | $231M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $148M |
| Depreciation & Amortization | $40M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $52M |
| Other Non-Cash Items | -$12M |
| Change in Working Capital | -$140M |
| OPERATING CASH FLOW | $90M |
| Capital Expenditure | -$68M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$656M |
| Sales/Maturities of Investments | $502M |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$215M |
| Net Debt Issuance | $109M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | $101M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | -$23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $52M |
| Short-Term Investments | $953M |
| Net Receivables | $861M |
| Inventory | $728M |
| Other Current Assets | $264M |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $853M |
| Goodwill | $45M |
| Intangible Assets | $394M |
| Long-Term Investments | $55M |
| Tax Assets | $158M |
| Other Non-Current Assets | $45M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $4.4B |
| Account Payables | $362M |
| Short-Term Debt | $246M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $449M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $40M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $51M |
| Other Non-Current Liabilities | $42M |
| TOTAL NON-CURRENT LIABILITIES | $159M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $9M |
| Additional Paid-In Capital | $117M |
| Retained Earnings | $3.0B |
| Treasury Stock | -$10M |
| Accum. Other Comp. Income | $6M |
| Other Equity | $42M |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $4.4B |
| Total Debt | $326M |
| Net Debt | $274M |
