| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19.3B | $25.7B | — | -24.8% | — |
| Op. Income | $399M | $1.6B | — | -74.8% | — |
| Gross Margin | 16.3% | 16.3% | — | 0.1pp | — |
| Net Margin | 2.1% | 9.0% | — | -6.9pp | — |
| EPS (Diluted) | $0.12 | $0.66 | — | -82.3% | — |
| Free Cash Flow | $664M | $2.0B | — | -67.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $19.3B |
| Cost of Revenue | $16.2B |
| GROSS PROFIT | $3.2B |
| R&D Expenses | $1.4B |
| Selling & Marketing | $0 |
| General & Administrative | $1.3B |
| SG&A Expenses | $1.3B |
| Other Expenses | $94M |
| Operating Expenses | $2.8B |
| Cost & Expenses | $18.9B |
| OPERATING INCOME | $399M |
| Interest Income | $400M |
| Interest Expense | $91M |
| Other Income/Expenses | $190M |
| INCOME BEFORE TAX | $589M |
| Income Tax Expense | $169M |
| Net Income from Continuing Ops | $420M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $409M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $409M |
| D&A | $1.4B |
| EBIT | $680M |
| EBITDA | $2.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $19.3B |
| Cost of Revenue | $16.2B |
| GROSS PROFIT | $3.2B |
| R&D Expenses | $1.4B |
| Selling & Marketing | $0 |
| General & Administrative | $1.3B |
| SG&A Expenses | $1.3B |
| Other Expenses | $94M |
| Operating Expenses | $2.8B |
| Cost & Expenses | $18.9B |
| OPERATING INCOME | $399M |
| Interest Income | $400M |
| Interest Expense | $91M |
| Other Income/Expenses | $190M |
| INCOME BEFORE TAX | $589M |
| Income Tax Expense | $169M |
| Net Income from Continuing Ops | $420M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $409M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $409M |
| D&A | $1.4B |
| EBIT | $680M |
| EBITDA | $2.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $409M |
| Depreciation & Amortization | $1.4B |
| Stock-Based Compensation | $573M |
| Deferred Income Tax | -$43M |
| Other Non-Cash Items | $324M |
| Change in Working Capital | -$554M |
| OPERATING CASH FLOW | $2.2B |
| Capital Expenditure | -$1.5B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6.0B |
| Sales/Maturities of Investments | $5.9B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1.7B |
| Net Debt Issuance | -$724M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $79M |
| NET CASH FROM FINANCING | -$332M |
| FREE CASH FLOW | $664M |
| Net Change in Cash | $213M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16.4B |
| Short-Term Investments | $20.6B |
| Net Receivables | $3.8B |
| Inventory | $13.7B |
| Other Current Assets | $4.9B |
| TOTAL CURRENT ASSETS | $59.4B |
| PP&E (Net) | $52.8B |
| Goodwill | $248M |
| Intangible Assets | $144M |
| Long-Term Investments | $951M |
| Tax Assets | $6.7B |
| Other Non-Current Assets | $4.9B |
| TOTAL NON-CURRENT ASSETS | $65.7B |
| TOTAL ASSETS | $125.1B |
| Account Payables | $13.5B |
| Short-Term Debt | $2.2B |
| Deferred Revenue | $4.3B |
| Other Current Liabilities | $3.7B |
| TOTAL CURRENT LIABILITIES | $29.8B |
| Long-Term Debt | $5.1B |
| Deferred Revenue NC | $3.6B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6.3B |
| TOTAL NON-CURRENT LIABILITIES | $19.9B |
| TOTAL LIABILITIES | $49.7B |
| Common Stock | $3M |
| Additional Paid-In Capital | $39.5B |
| Retained Earnings | $35.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$424M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $74.7B |
| Minority Interest | $765M |
| TOTAL EQUITY | $75.4B |
| TOTAL LIABILITIES & EQUITY | $125.1B |
| Total Debt | $13.1B |
| Net Debt | -$3.2B |
