| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.9B | $5.0B | $4.3B | -1.2% | 15.2% |
| Op. Income | $595M | $558M | $196M | 6.7% | 203.0% |
| Gross Margin | 31.6% | 32.2% | 27.6% | -0.6pp | 4.0pp |
| Net Margin | 5.4% | 8.7% | 5.4% | -3.3pp | -0.0pp |
| EPS (Diluted) | $1.25 | $2.06 | $1.13 | -39.2% | 10.3% |
| Free Cash Flow | $623M | $1.0B | $241M | -39.2% | 158.7% |
| Item | Amount |
|---|---|
| REVENUE | $4.9B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $443M |
| Selling & Marketing | $367M |
| General & Administrative | $145M |
| SG&A Expenses | $512M |
| Other Expenses | $0 |
| Operating Expenses | $955M |
| Cost & Expenses | $4.3B |
| OPERATING INCOME | $595M |
| Interest Income | $78M |
| Interest Expense | $9M |
| Other Income/Expenses | -$212M |
| INCOME BEFORE TAX | $383M |
| Income Tax Expense | $120M |
| Net Income from Continuing Ops | $263M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $263M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $263M |
| D&A | $32M |
| EBIT | $393M |
| EBITDA | $424M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.9B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $443M |
| Selling & Marketing | $367M |
| General & Administrative | $145M |
| SG&A Expenses | $512M |
| Other Expenses | $0 |
| Operating Expenses | $955M |
| Cost & Expenses | $4.3B |
| OPERATING INCOME | $595M |
| Interest Income | $78M |
| Interest Expense | $9M |
| Other Income/Expenses | -$212M |
| INCOME BEFORE TAX | $383M |
| Income Tax Expense | $120M |
| Net Income from Continuing Ops | $263M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $263M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $263M |
| D&A | $32M |
| EBIT | $393M |
| EBITDA | $424M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $263M |
| Depreciation & Amortization | $32M |
| Stock-Based Compensation | $49M |
| Deferred Income Tax | $120M |
| Other Non-Cash Items | $258M |
| Change in Working Capital | -$92M |
| OPERATING CASH FLOW | $630M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | -$8M |
| Purchases of Investments | -$4.6B |
| Sales/Maturities of Investments | $4.2B |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$367M |
| Net Debt Issuance | -$26M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$65M |
| NET CASH FROM FINANCING | $147M |
| FREE CASH FLOW | $623M |
| Net Change in Cash | $278M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.9B |
| Short-Term Investments | $3.4B |
| Net Receivables | $928M |
| Inventory | $0 |
| Other Current Assets | $170M |
| TOTAL CURRENT ASSETS | $10.3B |
| PP&E (Net) | $468M |
| Goodwill | $1.3B |
| Intangible Assets | $50M |
| Long-Term Investments | $2.4B |
| Tax Assets | $159M |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $4.5B |
| TOTAL ASSETS | $14.8B |
| Account Payables | $809M |
| Short-Term Debt | $1.9B |
| Deferred Revenue | $788M |
| Other Current Liabilities | $3.2B |
| TOTAL CURRENT LIABILITIES | $7.0B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $25M |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $554M |
| TOTAL LIABILITIES | $7.5B |
| Common Stock | $0 |
| Additional Paid-In Capital | $7.4B |
| Retained Earnings | -$3.3B |
| Treasury Stock | -$306M |
| Accum. Other Comp. Income | $3.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $7.3B |
| TOTAL LIABILITIES & EQUITY | $14.8B |
| Total Debt | $2.5B |
| Net Debt | -$3.4B |
