| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.5B | $1.4B | -3.5% | 7.4% |
| Op. Income | $259M | $237M | $234M | 9.4% | 10.7% |
| Gross Margin | 42.7% | 42.8% | 43.0% | -0.1pp | -0.2pp |
| Net Margin | 13.0% | 13.2% | 13.2% | -0.2pp | -0.2pp |
| EPS (Diluted) | $3.99 | $4.20 | $3.72 | -5.0% | 7.3% |
| Free Cash Flow | $225M | $303M | $275M | -26.0% | -18.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $830M |
| GROSS PROFIT | $620M |
| R&D Expenses | $74M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $234M |
| Other Expenses | $52M |
| Operating Expenses | $360M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $259M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $239M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | $189M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $189M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $189M |
| D&A | $81M |
| EBIT | $259M |
| EBITDA | $340M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $830M |
| GROSS PROFIT | $620M |
| R&D Expenses | $74M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $234M |
| Other Expenses | $52M |
| Operating Expenses | $360M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $259M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $239M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | $189M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $189M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $189M |
| D&A | $81M |
| EBIT | $259M |
| EBITDA | $340M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $189M |
| Depreciation & Amortization | $81M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | -$27M |
| OPERATING CASH FLOW | $243M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | -$758M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $600.0K |
| NET CASH FROM INVESTING | -$775M |
| Net Debt Issuance | $315M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $25M |
| NET CASH FROM FINANCING | $340M |
| FREE CASH FLOW | $225M |
| Net Change in Cash | -$188M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $462M |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $1.0B |
| Other Current Assets | $205M |
| TOTAL CURRENT ASSETS | $3.0B |
| PP&E (Net) | $815M |
| Goodwill | $8.5B |
| Intangible Assets | $2.2B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $530M |
| TOTAL NON-CURRENT ASSETS | $12.1B |
| TOTAL ASSETS | $15.0B |
| Account Payables | $490M |
| Short-Term Debt | $200.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $3.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $374M |
| Other Non-Current Liabilities | $414M |
| TOTAL NON-CURRENT LIABILITIES | $3.8B |
| TOTAL LIABILITIES | $5.1B |
| Common Stock | $500.0K |
| Additional Paid-In Capital | $4.4B |
| Retained Earnings | $6.5B |
| Treasury Stock | -$231M |
| Accum. Other Comp. Income | -$686M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.9B |
| Minority Interest | $6M |
| TOTAL EQUITY | $9.9B |
| TOTAL LIABILITIES & EQUITY | $15.0B |
| Total Debt | $3.0B |
| Net Debt | $2.5B |
