| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | — | $1.2B | — | 8.1% |
| Op. Income | $186M | — | $198M | — | -6.2% |
| Gross Margin | 44.7% | — | 44.7% | — | 0.0pp |
| Net Margin | 11.4% | — | 10.4% | — | 0.9pp |
| EPS (Diluted) | $1.46 | — | $1.25 | — | 16.8% |
| Free Cash Flow | $196M | — | $215M | — | -8.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $707M |
| GROSS PROFIT | $572M |
| R&D Expenses | $26M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $336M |
| Other Expenses | $26M |
| Operating Expenses | $387M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $186M |
| Interest Income | $1M |
| Interest Expense | $30M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $175M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $140M |
| Net Income from Discontinued Ops | $6M |
| Other Adjustments | $0 |
| NET INCOME | $145M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $145M |
| D&A | $113M |
| EBIT | $206M |
| EBITDA | $318M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $707M |
| GROSS PROFIT | $572M |
| R&D Expenses | $26M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $336M |
| Other Expenses | $26M |
| Operating Expenses | $387M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $186M |
| Interest Income | $1M |
| Interest Expense | $30M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $175M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $140M |
| Net Income from Discontinued Ops | $6M |
| Other Adjustments | $0 |
| NET INCOME | $145M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $145M |
| D&A | $113M |
| EBIT | $206M |
| EBITDA | $318M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $146M |
| Depreciation & Amortization | $113M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$22M |
| Other Non-Cash Items | -$11M |
| Change in Working Capital | $67M |
| OPERATING CASH FLOW | $304M |
| Capital Expenditure | -$108M |
| Acquisitions (Net) | $796M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $688M |
| Net Debt Issuance | -$891M |
| Common Stock Repurchased | -$64M |
| Common Dividends Paid | -$51M |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | -$999M |
| FREE CASH FLOW | $196M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $198M |
| Short-Term Investments | $0 |
| Net Receivables | $893M |
| Inventory | $699M |
| Other Current Assets | $151M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $2.0B |
| Goodwill | $4.1B |
| Intangible Assets | $2.0B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $63M |
| TOTAL NON-CURRENT ASSETS | $8.2B |
| TOTAL ASSETS | $10.1B |
| Account Payables | $232M |
| Short-Term Debt | $80M |
| Deferred Revenue | $69M |
| Other Current Liabilities | $301M |
| TOTAL CURRENT LIABILITIES | $834M |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $456M |
| Other Non-Current Liabilities | $72M |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $3.7B |
| Common Stock | $4.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$323M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.4B |
| Minority Interest | $16M |
| TOTAL EQUITY | $6.4B |
| TOTAL LIABILITIES & EQUITY | $10.1B |
| Total Debt | $2.5B |
| Net Debt | $2.3B |
