| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $36.9B | $18.5B | $39.4B | 99.7% | -6.4% |
| Op. Income | $6.1B | $5.4B | $5.4B | 12.8% | 13.2% |
| Gross Margin | 40.9% | 80.3% | 39.6% | -39.3pp | 1.4pp |
| Net Margin | 10.8% | 20.6% | 8.5% | -9.9pp | 2.3pp |
| EPS (Diluted) | $0.25 | $0.23 | $0.20 | 5.0% | 23.5% |
| Free Cash Flow | -$23.5B | $24.2B | -$57.9B | -197.1% | 59.4% |
| Item | Amount |
|---|---|
| REVENUE | $36.9B |
| Cost of Revenue | $21.8B |
| GROSS PROFIT | $15.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $159M |
| General & Administrative | $6.0B |
| SG&A Expenses | $6.2B |
| Other Expenses | $2.9B |
| Operating Expenses | $9.1B |
| Cost & Expenses | $30.9B |
| OPERATING INCOME | $6.1B |
| Interest Income | $31.5B |
| Interest Expense | $18.2B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6.1B |
| Income Tax Expense | $1.7B |
| Net Income from Continuing Ops | $4.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.0B |
| D&A | $998M |
| EBIT | $6.1B |
| EBITDA | $7.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $36.9B |
| Cost of Revenue | $21.8B |
| GROSS PROFIT | $15.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $159M |
| General & Administrative | $6.0B |
| SG&A Expenses | $6.2B |
| Other Expenses | $2.9B |
| Operating Expenses | $9.1B |
| Cost & Expenses | $30.9B |
| OPERATING INCOME | $6.1B |
| Interest Income | $31.5B |
| Interest Expense | $18.2B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6.1B |
| Income Tax Expense | $1.7B |
| Net Income from Continuing Ops | $4.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.0B |
| D&A | $998M |
| EBIT | $6.1B |
| EBITDA | $7.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4.0B |
| Depreciation & Amortization | $998M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$11.1B |
| Change in Working Capital | -$15.0B |
| OPERATING CASH FLOW | -$21.2B |
| Capital Expenditure | -$2.3B |
| Acquisitions (Net) | -$219M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1.9B |
| NET CASH FROM INVESTING | -$609M |
| Net Debt Issuance | -$3.6B |
| Common Stock Repurchased | -$1.0B |
| Common Dividends Paid | $0 |
| Other Financing Activities | $77M |
| NET CASH FROM FINANCING | -$4.6B |
| FREE CASH FLOW | -$23.5B |
| Net Change in Cash | -$29.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $341.9B |
| Short-Term Investments | $97.8B |
| Net Receivables | $11.5B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $451.3B |
| PP&E (Net) | $35.1B |
| Goodwill | $15.8B |
| Intangible Assets | $6.6B |
| Long-Term Investments | $1.5T |
| Tax Assets | $22.6B |
| Other Non-Current Assets | $139.1B |
| TOTAL NON-CURRENT ASSETS | $1.7T |
| TOTAL ASSETS | $2.2T |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.4T |
| TOTAL CURRENT LIABILITIES | $1.4T |
| Long-Term Debt | $372.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7.5B |
| Other Non-Current Liabilities | $285.3B |
| TOTAL NON-CURRENT LIABILITIES | $664.8B |
| TOTAL LIABILITIES | $2.0T |
| Common Stock | $8.9B |
| Additional Paid-In Capital | $46.9B |
| Retained Earnings | $114.9B |
| Treasury Stock | -$698M |
| Accum. Other Comp. Income | -$51.6B |
| Other Equity | $251M |
| TOTAL STOCKHOLDERS' EQUITY | $118.5B |
| Minority Interest | $10.7B |
| TOTAL EQUITY | $129.2B |
| TOTAL LIABILITIES & EQUITY | $2.2T |
| Total Debt | $372.1B |
| Net Debt | $30.1B |
