| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.0B | $1.2B | 4.2% | -11.1% |
| Op. Income | $181M | $59M | $258M | 204.9% | -29.9% |
| Gross Margin | 41.4% | 41.9% | 42.2% | -0.6pp | -0.8pp |
| Net Margin | 15.2% | 5.9% | 19.3% | 9.3pp | -4.1pp |
| EPS (Diluted) | $1.00 | $0.37 | $1.44 | 170.3% | -30.6% |
| Free Cash Flow | $338M | $387M | $745M | -12.7% | -54.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $627M |
| GROSS PROFIT | $442M |
| R&D Expenses | $176M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $83M |
| Other Expenses | $2M |
| Operating Expenses | $261M |
| Cost & Expenses | $887M |
| OPERATING INCOME | $181M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | $190M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $162M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $162M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $162M |
| D&A | $116M |
| EBIT | $197M |
| EBITDA | $313M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $627M |
| GROSS PROFIT | $442M |
| R&D Expenses | $176M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $83M |
| Other Expenses | $2M |
| Operating Expenses | $261M |
| Cost & Expenses | $887M |
| OPERATING INCOME | $181M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | $190M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $162M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $162M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $162M |
| D&A | $116M |
| EBIT | $197M |
| EBITDA | $313M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $162M |
| Depreciation & Amortization | $116M |
| Stock-Based Compensation | $51M |
| Deferred Income Tax | -$500.0K |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $51M |
| OPERATING CASH FLOW | $377M |
| Capital Expenditure | -$39M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$151M |
| Sales/Maturities of Investments | $205M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | $8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$38M |
| Common Dividends Paid | -$113M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$151M |
| FREE CASH FLOW | $338M |
| Net Change in Cash | $234M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $137M |
| Net Receivables | $520M |
| Inventory | $700M |
| Other Current Assets | $262M |
| TOTAL CURRENT ASSETS | $3.4B |
| PP&E (Net) | $1.4B |
| Goodwill | $2.2B |
| Intangible Assets | $884M |
| Long-Term Investments | $16M |
| Tax Assets | $304M |
| Other Non-Current Assets | $72M |
| TOTAL NON-CURRENT ASSETS | $4.9B |
| TOTAL ASSETS | $8.3B |
| Account Payables | $147M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $139M |
| TOTAL CURRENT LIABILITIES | $580M |
| Long-Term Debt | $995M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $177M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $40M |
| Additional Paid-In Capital | $284M |
| Retained Earnings | $6.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.4B |
| TOTAL LIABILITIES & EQUITY | $8.3B |
| Total Debt | $1.2B |
| Net Debt | -$410M |
