| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21.9B | $22.3B | $21.2B | -2.2% | 3.2% |
| Op. Income | $2.6B | $3.0B | $2.4B | -16.3% | 5.2% |
| Gross Margin | 45.8% | 44.6% | 43.6% | 1.2pp | 2.1pp |
| Net Margin | 9.3% | 11.9% | 9.7% | -2.5pp | -0.4pp |
| EPS (Diluted) | $1.13 | $1.43 | $1.13 | -20.9% | 0.0% |
| Free Cash Flow | -$37.1B | $57.7B | -$15.0B | -164.3% | -146.7% |
| Item | Amount |
|---|---|
| REVENUE | $21.9B |
| Cost of Revenue | $11.9B |
| GROSS PROFIT | $10.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $249M |
| General & Administrative | $4.5B |
| SG&A Expenses | $4.7B |
| Other Expenses | $2.7B |
| Operating Expenses | $7.5B |
| Cost & Expenses | $19.3B |
| OPERATING INCOME | $2.6B |
| Interest Income | $16.7B |
| Interest Expense | $11.0B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2.6B |
| Income Tax Expense | $510M |
| Net Income from Continuing Ops | $2.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.0B |
| D&A | $389M |
| EBIT | $2.6B |
| EBITDA | $2.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $21.9B |
| Cost of Revenue | $11.9B |
| GROSS PROFIT | $10.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $249M |
| General & Administrative | $4.5B |
| SG&A Expenses | $4.7B |
| Other Expenses | $2.7B |
| Operating Expenses | $7.5B |
| Cost & Expenses | $19.3B |
| OPERATING INCOME | $2.6B |
| Interest Income | $16.7B |
| Interest Expense | $11.0B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2.6B |
| Income Tax Expense | $510M |
| Net Income from Continuing Ops | $2.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.0B |
| D&A | $389M |
| EBIT | $2.6B |
| EBITDA | $2.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.0B |
| Depreciation & Amortization | $389M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$51M |
| Other Non-Cash Items | $1.4B |
| Change in Working Capital | -$40.5B |
| OPERATING CASH FLOW | -$36.7B |
| Capital Expenditure | -$363M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$20.5B |
| Sales/Maturities of Investments | $28.9B |
| Other Investing Activities | $28.5B |
| NET CASH FROM INVESTING | $36.5B |
| Net Debt Issuance | $1.4B |
| Common Stock Repurchased | -$3.7B |
| Common Dividends Paid | -$1.3B |
| Other Financing Activities | $365M |
| NET CASH FROM FINANCING | $210M |
| FREE CASH FLOW | -$37.1B |
| Net Change in Cash | $84M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $104.5B |
| Short-Term Investments | $79.3B |
| Net Receivables | $37.4B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $222.8B |
| PP&E (Net) | $7.4B |
| Goodwill | $14.3B |
| Intangible Assets | $2.3B |
| Long-Term Investments | $994.1B |
| Tax Assets | $3.7B |
| Other Non-Current Assets | $291.6B |
| TOTAL NON-CURRENT ASSETS | $1.3T |
| TOTAL ASSETS | $1.5T |
| Account Payables | $29.1B |
| Short-Term Debt | $317.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $848.8B |
| TOTAL CURRENT LIABILITIES | $1.2T |
| Long-Term Debt | $160.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $262M |
| Other Non-Current Liabilities | $79.8B |
| TOTAL NON-CURRENT LIABILITIES | $244.8B |
| TOTAL LIABILITIES | $1.4T |
| Common Stock | $18.7B |
| Additional Paid-In Capital | $138M |
| Retained Earnings | $52.4B |
| Treasury Stock | -$65M |
| Accum. Other Comp. Income | $7.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $87.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $87.0B |
| TOTAL LIABILITIES & EQUITY | $1.5T |
| Total Debt | $482.0B |
| Net Debt | $377.5B |
