| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $861M | — | $917M | — | -6.1% |
| Op. Income | $51M | — | $168M | — | -69.6% |
| Gross Margin | 38.5% | — | 34.7% | — | 3.7pp |
| Net Margin | 2.1% | — | 6.0% | — | -3.8pp |
| EPS (Diluted) | $0.03 | — | $0.10 | — | -65.7% |
| Free Cash Flow | $215M | — | $45M | — | 374.2% |
| Item | Amount |
|---|---|
| REVENUE | $861M |
| Cost of Revenue | $530M |
| GROSS PROFIT | $331M |
| R&D Expenses | $0 |
| Selling & Marketing | $117M |
| General & Administrative | $152M |
| SG&A Expenses | $269M |
| Other Expenses | $11M |
| Operating Expenses | $280M |
| Cost & Expenses | $810M |
| OPERATING INCOME | $51M |
| Interest Income | $37M |
| Interest Expense | $106M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $246M |
| EBIT | $138M |
| EBITDA | $384M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $861M |
| Cost of Revenue | $530M |
| GROSS PROFIT | $331M |
| R&D Expenses | $0 |
| Selling & Marketing | $117M |
| General & Administrative | $152M |
| SG&A Expenses | $269M |
| Other Expenses | $11M |
| Operating Expenses | $280M |
| Cost & Expenses | $810M |
| OPERATING INCOME | $51M |
| Interest Income | $37M |
| Interest Expense | $106M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $32M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $246M |
| EBIT | $138M |
| EBITDA | $384M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $256M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $82M |
| Change in Working Capital | -$46M |
| OPERATING CASH FLOW | $317M |
| Capital Expenditure | -$102M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$104M |
| Net Debt Issuance | -$285M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$78M |
| NET CASH FROM FINANCING | -$364M |
| FREE CASH FLOW | $215M |
| Net Change in Cash | -$153M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.5B |
| Short-Term Investments | $0 |
| Net Receivables | $977M |
| Inventory | $29M |
| Other Current Assets | $343M |
| TOTAL CURRENT ASSETS | $3.9B |
| PP&E (Net) | $3.7B |
| Goodwill | $0 |
| Intangible Assets | $2.2B |
| Long-Term Investments | $2.7B |
| Tax Assets | $1.2B |
| Other Non-Current Assets | $526M |
| TOTAL NON-CURRENT ASSETS | $10.3B |
| TOTAL ASSETS | $14.2B |
| Account Payables | $733M |
| Short-Term Debt | $244M |
| Deferred Revenue | $93M |
| Other Current Liabilities | $215M |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $5.3B |
| Deferred Revenue NC | $261M |
| Deferred Tax Liabilities | $65M |
| Other Non-Current Liabilities | $240M |
| TOTAL NON-CURRENT LIABILITIES | $6.1B |
| TOTAL LIABILITIES | $7.8B |
| Common Stock | $226M |
| Additional Paid-In Capital | $768M |
| Retained Earnings | $6.4B |
| Treasury Stock | -$794M |
| Accum. Other Comp. Income | -$657M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.9B |
| Minority Interest | $532M |
| TOTAL EQUITY | $6.4B |
| TOTAL LIABILITIES & EQUITY | $14.2B |
| Total Debt | $5.9B |
| Net Debt | $3.4B |
