| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $840M | $836M | $560M | 0.5% | 50.0% |
| Op. Income | $276M | $287M | $178M | -3.7% | 54.9% |
| Gross Margin | 41.0% | 43.2% | 45.8% | -2.1pp | -4.7pp |
| Net Margin | 21.7% | 22.5% | 23.4% | -0.8pp | -1.7pp |
| EPS (Diluted) | $1.59 | $1.63 | $1.13 | -2.5% | 40.7% |
| Free Cash Flow | $69M | -$1.9B | -$56M | 103.7% | 222.6% |
| Item | Amount |
|---|---|
| REVENUE | $840M |
| Cost of Revenue | $495M |
| GROSS PROFIT | $345M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $39M |
| SG&A Expenses | $39M |
| Other Expenses | $29M |
| Operating Expenses | $68M |
| Cost & Expenses | $563M |
| OPERATING INCOME | $276M |
| Interest Income | $113.0K |
| Interest Expense | $44M |
| Other Income/Expenses | -$44M |
| INCOME BEFORE TAX | $232M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | $182M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $182M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $182M |
| D&A | $270M |
| EBIT | $276M |
| EBITDA | $546M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $840M |
| Cost of Revenue | $495M |
| GROSS PROFIT | $345M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $39M |
| SG&A Expenses | $39M |
| Other Expenses | $29M |
| Operating Expenses | $68M |
| Cost & Expenses | $563M |
| OPERATING INCOME | $276M |
| Interest Income | $113.0K |
| Interest Expense | $44M |
| Other Income/Expenses | -$44M |
| INCOME BEFORE TAX | $232M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | $182M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $182M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $182M |
| D&A | $270M |
| EBIT | $276M |
| EBITDA | $546M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $182M |
| Depreciation & Amortization | $270M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $26M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$32M |
| OPERATING CASH FLOW | $483M |
| Capital Expenditure | -$414M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$15M |
| NET CASH FROM INVESTING | -$429M |
| Net Debt Issuance | -$31M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$23M |
| Other Financing Activities | -$31M |
| NET CASH FROM FINANCING | -$54M |
| FREE CASH FLOW | $69M |
| Net Change in Cash | $54.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $54.0K |
| Short-Term Investments | $0 |
| Net Receivables | $383M |
| Inventory | $0 |
| Other Current Assets | $89M |
| TOTAL CURRENT ASSETS | $472M |
| PP&E (Net) | $45M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $109M |
| TOTAL NON-CURRENT ASSETS | $154M |
| TOTAL ASSETS | $8.8B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $823M |
| TOTAL CURRENT LIABILITIES | $823M |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $570M |
| Other Non-Current Liabilities | $282M |
| TOTAL NON-CURRENT LIABILITIES | $3.6B |
| TOTAL LIABILITIES | $4.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $1.5B |
| TOTAL STOCKHOLDERS' EQUITY | $4.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.4B |
| TOTAL LIABILITIES & EQUITY | $8.8B |
| Total Debt | $2.7B |
| Net Debt | $2.7B |
