| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $1.1B | 0.1% | 11.1% |
| Op. Income | $387M | $381M | $289M | 1.6% | 34.0% |
| Gross Margin | 58.6% | 57.6% | 54.4% | 1.0pp | 4.1pp |
| Net Margin | 25.4% | 23.9% | 19.9% | 1.5pp | 5.5pp |
| EPS (Diluted) | $2.11 | $1.98 | $1.49 | 6.6% | 41.6% |
| Free Cash Flow | $306M | $414M | $245M | -26.1% | 24.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $507M |
| GROSS PROFIT | $717M |
| R&D Expenses | $80M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $239M |
| Other Expenses | $11M |
| Operating Expenses | $330M |
| Cost & Expenses | $837M |
| OPERATING INCOME | $387M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $383M |
| Income Tax Expense | $72M |
| Net Income from Continuing Ops | $311M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $311M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $311M |
| D&A | $54M |
| EBIT | $389M |
| EBITDA | $443M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $507M |
| GROSS PROFIT | $717M |
| R&D Expenses | $80M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $239M |
| Other Expenses | $11M |
| Operating Expenses | $330M |
| Cost & Expenses | $837M |
| OPERATING INCOME | $387M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $383M |
| Income Tax Expense | $72M |
| Net Income from Continuing Ops | $311M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $311M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $311M |
| D&A | $54M |
| EBIT | $389M |
| EBITDA | $443M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $311M |
| Depreciation & Amortization | $54M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$283.0K |
| Change in Working Capital | -$59M |
| OPERATING CASH FLOW | $326M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $23M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | -$30M |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | -$78M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$151M |
| FREE CASH FLOW | $306M |
| Net Change in Cash | $188M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $426M |
| Short-Term Investments | $0 |
| Net Receivables | $811M |
| Inventory | $918M |
| Other Current Assets | $213M |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $717M |
| Goodwill | $2.9B |
| Intangible Assets | $479M |
| Long-Term Investments | $167M |
| Tax Assets | $221M |
| Other Non-Current Assets | $112M |
| TOTAL NON-CURRENT ASSETS | $4.6B |
| TOTAL ASSETS | $7.2B |
| Account Payables | $249M |
| Short-Term Debt | $10M |
| Deferred Revenue | $157M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $904M |
| Long-Term Debt | $668M |
| Deferred Revenue NC | $144M |
| Deferred Tax Liabilities | $84M |
| Other Non-Current Liabilities | $83M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $758.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $5.2B |
| Treasury Stock | -$1.8B |
| Accum. Other Comp. Income | -$132M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.2B |
| TOTAL LIABILITIES & EQUITY | $7.2B |
| Total Debt | $850M |
| Net Debt | $424M |
