| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $846M | $667M | $596M | 26.9% | 42.0% |
| Op. Income | $311M | $147M | $110M | 112.0% | 182.2% |
| Gross Margin | 43.3% | 31.1% | 27.5% | 12.1pp | 15.7pp |
| Net Margin | 11.5% | 14.2% | 15.5% | -2.8pp | -4.0pp |
| EPS (Diluted) | $0.40 | $0.39 | $0.38 | 2.6% | 5.3% |
| Free Cash Flow | $172M | $68M | $177M | 152.1% | -2.7% |
| Item | Amount |
|---|---|
| REVENUE | $846M |
| Cost of Revenue | $480M |
| GROSS PROFIT | $366M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $42M |
| SG&A Expenses | $42M |
| Other Expenses | $13M |
| Operating Expenses | $55M |
| Cost & Expenses | $535M |
| OPERATING INCOME | $311M |
| Interest Income | $133.0K |
| Interest Expense | $29M |
| Other Income/Expenses | -$201M |
| INCOME BEFORE TAX | $110M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $97M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $97M |
| Net Income Deductions | -$2.0K |
| BOTTOM LINE NET INCOME | $97M |
| D&A | $91M |
| EBIT | $139M |
| EBITDA | $229M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $846M |
| Cost of Revenue | $480M |
| GROSS PROFIT | $366M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $42M |
| SG&A Expenses | $42M |
| Other Expenses | $13M |
| Operating Expenses | $55M |
| Cost & Expenses | $535M |
| OPERATING INCOME | $311M |
| Interest Income | $133.0K |
| Interest Expense | $29M |
| Other Income/Expenses | -$201M |
| INCOME BEFORE TAX | $110M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $97M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $97M |
| Net Income Deductions | -$2.0K |
| BOTTOM LINE NET INCOME | $97M |
| D&A | $91M |
| EBIT | $139M |
| EBITDA | $229M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $97M |
| Depreciation & Amortization | $96M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $11M |
| Other Non-Cash Items | $172M |
| Change in Working Capital | -$61M |
| OPERATING CASH FLOW | $330M |
| Capital Expenditure | -$158M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $257.0K |
| Other Investing Activities | -$158M |
| NET CASH FROM INVESTING | -$162M |
| Net Debt Issuance | -$21M |
| Common Stock Repurchased | -$67M |
| Common Dividends Paid | -$22M |
| Other Financing Activities | -$17M |
| NET CASH FROM FINANCING | -$128M |
| FREE CASH FLOW | $172M |
| Net Change in Cash | $40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $345M |
| Short-Term Investments | $0 |
| Net Receivables | $331M |
| Inventory | $0 |
| Other Current Assets | $30M |
| TOTAL CURRENT ASSETS | $720M |
| PP&E (Net) | $6.6B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $486.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $82M |
| TOTAL NON-CURRENT ASSETS | $6.7B |
| TOTAL ASSETS | $7.4B |
| Account Payables | $140M |
| Short-Term Debt | $606M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $470M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $552M |
| Other Non-Current Liabilities | $482M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $3M |
| Additional Paid-In Capital | $5.9B |
| Retained Earnings | -$1.4B |
| Treasury Stock | -$582M |
| Accum. Other Comp. Income | $597.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.9B |
| TOTAL LIABILITIES & EQUITY | $7.4B |
| Total Debt | $1.8B |
| Net Debt | $1.5B |
