| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | $1.9B | $1.7B | 8.5% | 16.2% |
| Op. Income | $521M | $336M | $484M | 54.8% | 7.5% |
| Gross Margin | 80.4% | 79.3% | 81.2% | 1.2pp | -0.8pp |
| Net Margin | 30.9% | 16.9% | 36.2% | 14.0pp | -5.3pp |
| EPS (Diluted) | $0.89 | $0.45 | $0.93 | 97.1% | -4.5% |
| Free Cash Flow | $0 | $0 | $296M | — | -100.0% |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $395M |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $515M |
| Selling & Marketing | $438M |
| General & Administrative | $152M |
| SG&A Expenses | $590M |
| Other Expenses | $0 |
| Operating Expenses | $1.1B |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $521M |
| Interest Income | $94M |
| Interest Expense | $42M |
| Other Income/Expenses | $203M |
| INCOME BEFORE TAX | $724M |
| Income Tax Expense | $93M |
| Net Income from Continuing Ops | $630M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $625M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $625M |
| D&A | $31M |
| EBIT | $521M |
| EBITDA | $552M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $395M |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $515M |
| Selling & Marketing | $438M |
| General & Administrative | $152M |
| SG&A Expenses | $590M |
| Other Expenses | $0 |
| Operating Expenses | $1.1B |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $521M |
| Interest Income | $94M |
| Interest Expense | $42M |
| Other Income/Expenses | $203M |
| INCOME BEFORE TAX | $724M |
| Income Tax Expense | $93M |
| Net Income from Continuing Ops | $630M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $625M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $625M |
| D&A | $31M |
| EBIT | $521M |
| EBITDA | $552M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $625M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $70M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$695M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.2B |
| Short-Term Investments | $3.2B |
| Net Receivables | $2.0B |
| Inventory | $0 |
| Other Current Assets | $3.0B |
| TOTAL CURRENT ASSETS | $16.4B |
| PP&E (Net) | $849M |
| Goodwill | $8.9B |
| Intangible Assets | $1.9B |
| Long-Term Investments | $7.6B |
| Tax Assets | $499M |
| Other Non-Current Assets | $69M |
| TOTAL NON-CURRENT ASSETS | $19.8B |
| TOTAL ASSETS | $36.2B |
| Account Payables | $2.5B |
| Short-Term Debt | $3.3B |
| Deferred Revenue | $2.5B |
| Other Current Liabilities | $2.9B |
| TOTAL CURRENT LIABILITIES | $11.2B |
| Long-Term Debt | $2.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $511M |
| Other Non-Current Liabilities | $48M |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $14.7B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $21.3B |
| TOTAL STOCKHOLDERS' EQUITY | $21.3B |
| Minority Interest | $146M |
| TOTAL EQUITY | $21.5B |
| TOTAL LIABILITIES & EQUITY | $36.2B |
| Total Debt | $6.2B |
| Net Debt | -$2.0B |
