| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.0B | $3.8B | $3.1B | -20.1% | -3.7% |
| Op. Income | $592M | $990M | $751M | -40.2% | -21.3% |
| Gross Margin | 84.7% | 85.1% | 86.2% | -0.4pp | -1.5pp |
| Net Margin | 26.7% | 24.2% | 23.0% | 2.5pp | 3.7pp |
| EPS (Diluted) | $7.27 | $8.06 | $6.27 | -9.8% | 15.9% |
| Free Cash Flow | $774M | $996M | $1.4B | -22.3% | -42.7% |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $464M |
| GROSS PROFIT | $2.6B |
| R&D Expenses | $1.3B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $633M |
| Other Expenses | $0 |
| Operating Expenses | $2.0B |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $592M |
| Interest Income | $174M |
| Interest Expense | $9M |
| Other Income/Expenses | $313M |
| INCOME BEFORE TAX | $905M |
| Income Tax Expense | $96M |
| Net Income from Continuing Ops | $809M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $809M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $809M |
| D&A | $127M |
| EBIT | $914M |
| EBITDA | $1.0B |
| EPS | $8 |
| EPS Diluted | $7 |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $464M |
| GROSS PROFIT | $2.6B |
| R&D Expenses | $1.3B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $633M |
| Other Expenses | $0 |
| Operating Expenses | $2.0B |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $592M |
| Interest Income | $174M |
| Interest Expense | $9M |
| Other Income/Expenses | $313M |
| INCOME BEFORE TAX | $905M |
| Income Tax Expense | $96M |
| Net Income from Continuing Ops | $809M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $809M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $809M |
| D&A | $127M |
| EBIT | $914M |
| EBITDA | $1.0B |
| EPS | $8 |
| EPS Diluted | $7 |
| Item | Amount |
|---|---|
| Net Income | $809M |
| Depreciation & Amortization | $127M |
| Stock-Based Compensation | $256M |
| Deferred Income Tax | -$139M |
| Other Non-Cash Items | -$137M |
| Change in Working Capital | $130M |
| OPERATING CASH FLOW | $1.0B |
| Capital Expenditure | -$272M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.5B |
| Sales/Maturities of Investments | $3.5B |
| Other Investing Activities | -$42M |
| NET CASH FROM INVESTING | $648M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1.0B |
| Common Dividends Paid | -$94M |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | -$1.1B |
| FREE CASH FLOW | $774M |
| Net Change in Cash | $604M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.1B |
| Short-Term Investments | $5.3B |
| Net Receivables | $5.6B |
| Inventory | $3.2B |
| Other Current Assets | $469M |
| TOTAL CURRENT ASSETS | $17.6B |
| PP&E (Net) | $4.7B |
| Goodwill | $0 |
| Intangible Assets | $1.2B |
| Long-Term Investments | $9.3B |
| Tax Assets | $3.4B |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $20.0B |
| TOTAL ASSETS | $37.5B |
| Account Payables | $706M |
| Short-Term Debt | $0 |
| Deferred Revenue | $619M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.6B |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $212M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.7B |
| TOTAL NON-CURRENT LIABILITIES | $4.6B |
| TOTAL LIABILITIES | $8.2B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $13.2B |
| Retained Earnings | $32.4B |
| Treasury Stock | -$16.2B |
| Accum. Other Comp. Income | $29M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $29.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $29.4B |
| TOTAL LIABILITIES & EQUITY | $37.5B |
| Total Debt | $2.7B |
| Net Debt | -$385M |
