| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | $1.1B | -0.1% | 24.4% |
| Op. Income | $43M | $32M | -$56M | 34.4% | 176.8% |
| Gross Margin | 25.9% | 24.9% | 23.2% | 1.0pp | 2.7pp |
| Net Margin | 4.2% | 2.4% | -7.7% | 1.8pp | 11.9pp |
| EPS (Diluted) | $0.09 | $0.06 | $-0.15 | 59.8% | 158.6% |
| Free Cash Flow | $69M | $134M | -$33M | -48.5% | 309.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $991M |
| GROSS PROFIT | $346M |
| R&D Expenses | $84M |
| Selling & Marketing | $133M |
| General & Administrative | $79M |
| SG&A Expenses | $212M |
| Other Expenses | $7M |
| Operating Expenses | $303M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $43M |
| Interest Income | $12M |
| Interest Expense | $0 |
| Other Income/Expenses | $15M |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $3M |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $19M |
| EBIT | $50M |
| EBITDA | $69M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $991M |
| GROSS PROFIT | $346M |
| R&D Expenses | $84M |
| Selling & Marketing | $133M |
| General & Administrative | $79M |
| SG&A Expenses | $212M |
| Other Expenses | $7M |
| Operating Expenses | $303M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $43M |
| Interest Income | $12M |
| Interest Expense | $0 |
| Other Income/Expenses | $15M |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $3M |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $19M |
| EBIT | $50M |
| EBITDA | $69M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $56M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $60M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $42M |
| Change in Working Capital | -$98M |
| OPERATING CASH FLOW | $79M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$110M |
| Sales/Maturities of Investments | $142M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $22M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $64M |
| NET CASH FROM FINANCING | $73M |
| FREE CASH FLOW | $69M |
| Net Change in Cash | $174M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $484M |
| Net Receivables | $118M |
| Inventory | $111M |
| Other Current Assets | $285M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $116M |
| Goodwill | $113M |
| Intangible Assets | $19M |
| Long-Term Investments | $67M |
| Tax Assets | $0 |
| Other Non-Current Assets | $204M |
| TOTAL NON-CURRENT ASSETS | $519M |
| TOTAL ASSETS | $2.6B |
| Account Payables | $48M |
| Short-Term Debt | $0 |
| Deferred Revenue | $58M |
| Other Current Liabilities | $680M |
| TOTAL CURRENT LIABILITIES | $844M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $47M |
| TOTAL LIABILITIES | $891M |
| Common Stock | $0 |
| Additional Paid-In Capital | $3.2B |
| Retained Earnings | -$1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $22M |
| Net Debt | -$983M |
