| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $948M | $944M | $804M | 0.4% | 18.0% |
| Op. Income | $139M | $144M | $100M | -3.3% | 40.1% |
| Gross Margin | 23.2% | 23.2% | 20.9% | 0.1pp | 2.3pp |
| Net Margin | 10.6% | 10.3% | 7.5% | 0.3pp | 3.1pp |
| EPS (Diluted) | $2.42 | $2.34 | $1.45 | 3.4% | 66.9% |
| Free Cash Flow | $93M | $11M | $109M | 728.2% | -15.3% |
| Item | Amount |
|---|---|
| REVENUE | $948M |
| Cost of Revenue | $728M |
| GROSS PROFIT | $220M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $81M |
| Operating Expenses | $81M |
| Cost & Expenses | $809M |
| OPERATING INCOME | $139M |
| Interest Income | $10M |
| Interest Expense | $27M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $121M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $101M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $101M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $101M |
| D&A | $89M |
| EBIT | $94M |
| EBITDA | $183M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $948M |
| Cost of Revenue | $728M |
| GROSS PROFIT | $220M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $81M |
| Operating Expenses | $81M |
| Cost & Expenses | $809M |
| OPERATING INCOME | $139M |
| Interest Income | $10M |
| Interest Expense | $27M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $121M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $101M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $101M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $101M |
| D&A | $89M |
| EBIT | $94M |
| EBITDA | $183M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $101M |
| Depreciation & Amortization | $89M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$19M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $171M |
| Capital Expenditure | -$78M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$349M |
| Sales/Maturities of Investments | $352M |
| Other Investing Activities | -$68M |
| NET CASH FROM INVESTING | -$66M |
| Net Debt Issuance | -$114M |
| Common Stock Repurchased | -$14M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$27M |
| NET CASH FROM FINANCING | -$153M |
| FREE CASH FLOW | $93M |
| Net Change in Cash | -$48M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $179M |
| Short-Term Investments | $572M |
| Net Receivables | $138M |
| Inventory | $140M |
| Other Current Assets | $42M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $5.7B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $337M |
| TOTAL NON-CURRENT ASSETS | $6.0B |
| TOTAL ASSETS | $7.1B |
| Account Payables | $576M |
| Short-Term Debt | $486M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $133M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $806M |
| Other Non-Current Liabilities | $280M |
| TOTAL NON-CURRENT LIABILITIES | $3.2B |
| TOTAL LIABILITIES | $4.6B |
| Common Stock | $783M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.7B |
| Treasury Stock | -$1.0B |
| Accum. Other Comp. Income | $93.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $7.1B |
| Total Debt | $2.6B |
| Net Debt | $2.5B |
