| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.1B | $2.8B | $2.6B | 12.1% | 20.1% |
| Op. Income | $1.5B | $1.3B | $1.2B | 17.5% | 29.1% |
| Gross Margin | 50.2% | 48.2% | 46.9% | 2.0pp | 3.3pp |
| Net Margin | 30.3% | 28.5% | 28.3% | 1.8pp | 2.0pp |
| EPS (Diluted) | $1.19 | $1.01 | $0.95 | 17.8% | 25.3% |
| Free Cash Flow | $404M | $1.1B | $446M | -64.1% | -9.5% |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $32M |
| Other Expenses | $0 |
| Operating Expenses | $32M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $1.5B |
| Interest Income | $49M |
| Interest Expense | $92M |
| Other Income/Expenses | -$54M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $533M |
| Net Income from Continuing Ops | $949M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $100.0K |
| NET INCOME | $946M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $946M |
| D&A | $224M |
| EBIT | $1.6B |
| EBITDA | $1.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $32M |
| Other Expenses | $0 |
| Operating Expenses | $32M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $1.5B |
| Interest Income | $49M |
| Interest Expense | $92M |
| Other Income/Expenses | -$54M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $533M |
| Net Income from Continuing Ops | $949M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $100.0K |
| NET INCOME | $946M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $946M |
| D&A | $224M |
| EBIT | $1.6B |
| EBITDA | $1.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $949M |
| Depreciation & Amortization | $224M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $28M |
| Other Non-Cash Items | $25M |
| Change in Working Capital | -$505M |
| OPERATING CASH FLOW | $721M |
| Capital Expenditure | -$318M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $27M |
| NET CASH FROM INVESTING | -$291M |
| Net Debt Issuance | $994M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$553M |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | $433M |
| FREE CASH FLOW | $404M |
| Net Change in Cash | $858M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.1B |
| Short-Term Investments | $218M |
| Net Receivables | $1.6B |
| Inventory | $966M |
| Other Current Assets | $35M |
| TOTAL CURRENT ASSETS | $7.2B |
| PP&E (Net) | $10.7B |
| Goodwill | $0 |
| Intangible Assets | $123M |
| Long-Term Investments | $115M |
| Tax Assets | $289M |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $12.6B |
| TOTAL ASSETS | $19.8B |
| Account Payables | $684M |
| Short-Term Debt | $500M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$100.0K |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $6.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $131M |
| Other Non-Current Liabilities | $695M |
| TOTAL NON-CURRENT LIABILITIES | $8.2B |
| TOTAL LIABILITIES | $10.2B |
| Common Stock | $9M |
| Additional Paid-In Capital | $5.4B |
| Retained Earnings | $6.7B |
| Treasury Stock | -$2.6B |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.6B |
| Minority Interest | $68M |
| TOTAL EQUITY | $9.6B |
| TOTAL LIABILITIES & EQUITY | $19.8B |
| Total Debt | $8.0B |
| Net Debt | $3.9B |
