| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10.5B | $11.0B | $9.4B | -3.9% | 12.1% |
| Op. Income | $2.7B | $2.4B | $920M | 15.7% | 196.4% |
| Gross Margin | 73.3% | 74.0% | 71.7% | -0.7pp | 1.6pp |
| Net Margin | 19.7% | 17.1% | -10.3% | 2.7pp | 30.0pp |
| EPS (Diluted) | $1.77 | $1.59 | $-0.82 | 11.0% | 315.7% |
| Free Cash Flow | $4.2B | -$958M | $3.1B | 541.1% | 34.3% |
| Item | Amount |
|---|---|
| REVENUE | $10.5B |
| Cost of Revenue | $2.8B |
| GROSS PROFIT | $7.7B |
| R&D Expenses | $2.0B |
| Selling & Marketing | $2.6B |
| General & Administrative | $419M |
| SG&A Expenses | $3.0B |
| Other Expenses | $9M |
| Operating Expenses | $5.0B |
| Cost & Expenses | $7.8B |
| OPERATING INCOME | $2.7B |
| Interest Income | $474M |
| Interest Expense | $327M |
| Other Income/Expenses | $158M |
| INCOME BEFORE TAX | $2.9B |
| Income Tax Expense | $786M |
| Net Income from Continuing Ops | $2.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.1B |
| D&A | $408M |
| EBIT | $3.2B |
| EBITDA | $3.6B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $10.5B |
| Cost of Revenue | $2.8B |
| GROSS PROFIT | $7.7B |
| R&D Expenses | $2.0B |
| Selling & Marketing | $2.6B |
| General & Administrative | $419M |
| SG&A Expenses | $3.0B |
| Other Expenses | $9M |
| Operating Expenses | $5.0B |
| Cost & Expenses | $7.8B |
| OPERATING INCOME | $2.7B |
| Interest Income | $474M |
| Interest Expense | $327M |
| Other Income/Expenses | $158M |
| INCOME BEFORE TAX | $2.9B |
| Income Tax Expense | $786M |
| Net Income from Continuing Ops | $2.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.1B |
| D&A | $408M |
| EBIT | $3.2B |
| EBITDA | $3.6B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $2.1B |
| Depreciation & Amortization | $408M |
| Stock-Based Compensation | $491M |
| Deferred Income Tax | $786M |
| Other Non-Cash Items | -$856M |
| Change in Working Capital | $1.5B |
| OPERATING CASH FLOW | $4.4B |
| Capital Expenditure | -$196M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | -$1.6B |
| Sales/Maturities of Investments | $1.7B |
| Other Investing Activities | $185M |
| NET CASH FROM INVESTING | $50M |
| Net Debt Issuance | -$1.5B |
| Common Stock Repurchased | -$146M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$329M |
| NET CASH FROM FINANCING | -$2.0B |
| FREE CASH FLOW | $4.2B |
| Net Change in Cash | $2.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14.3B |
| Short-Term Investments | $0 |
| Net Receivables | $10.7B |
| Inventory | $0 |
| Other Current Assets | $5.2B |
| TOTAL CURRENT ASSETS | $30.3B |
| PP&E (Net) | $5.6B |
| Goodwill | $38.3B |
| Intangible Assets | $3.2B |
| Long-Term Investments | $9.1B |
| Tax Assets | $3.6B |
| Other Non-Current Assets | $5.5B |
| TOTAL NON-CURRENT ASSETS | $65.2B |
| TOTAL ASSETS | $95.5B |
| Account Payables | $2.8B |
| Short-Term Debt | $4.3B |
| Deferred Revenue | $11.6B |
| Other Current Liabilities | $6.1B |
| TOTAL CURRENT LIABILITIES | $26.0B |
| Long-Term Debt | $8.5B |
| Deferred Revenue NC | $125M |
| Deferred Tax Liabilities | $390M |
| Other Non-Current Liabilities | $2.4B |
| TOTAL NON-CURRENT LIABILITIES | $11.4B |
| TOTAL LIABILITIES | $37.3B |
| Common Stock | $1.6B |
| Additional Paid-In Capital | $3.2B |
| Retained Earnings | $56.4B |
| Treasury Stock | -$7.5B |
| Accum. Other Comp. Income | $4.0B |
| Other Equity | -$1M |
| TOTAL STOCKHOLDERS' EQUITY | $57.7B |
| Minority Interest | $471M |
| TOTAL EQUITY | $58.2B |
| TOTAL LIABILITIES & EQUITY | $95.5B |
| Total Debt | $12.8B |
| Net Debt | -$1.6B |
