| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $1.0B | -1.9% | 12.0% |
| Op. Income | $23M | $14M | -$34M | 68.9% | 168.8% |
| Gross Margin | 49.6% | 49.2% | 50.7% | 0.4pp | -1.1pp |
| Net Margin | 1.7% | -1.0% | -5.3% | 2.8pp | 7.0pp |
| EPS (Diluted) | $0.12 | $-0.08 | $-0.31 | 250.0% | 138.7% |
| Free Cash Flow | $178M | $93M | $177M | 90.8% | 0.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $591M |
| GROSS PROFIT | $582M |
| R&D Expenses | $254M |
| Selling & Marketing | $212M |
| General & Administrative | $92M |
| SG&A Expenses | $304M |
| Other Expenses | $0 |
| Operating Expenses | $558M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $23M |
| Interest Income | $19M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $50M |
| EBIT | $23M |
| EBITDA | $73M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $591M |
| GROSS PROFIT | $582M |
| R&D Expenses | $254M |
| Selling & Marketing | $212M |
| General & Administrative | $92M |
| SG&A Expenses | $304M |
| Other Expenses | $0 |
| Operating Expenses | $558M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $23M |
| Interest Income | $19M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $50M |
| EBIT | $23M |
| EBITDA | $73M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $50M |
| Stock-Based Compensation | $139M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $48M |
| Change in Working Capital | -$66M |
| OPERATING CASH FLOW | $191M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$214M |
| Sales/Maturities of Investments | $207M |
| Other Investing Activities | -$12M |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$126M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$53.0K |
| NET CASH FROM FINANCING | -$126M |
| FREE CASH FLOW | $178M |
| Net Change in Cash | $46M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $467M |
| Short-Term Investments | $2.0B |
| Net Receivables | $578M |
| Inventory | $0 |
| Other Current Assets | $121M |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $112M |
| Goodwill | $5.2B |
| Intangible Assets | $332M |
| Long-Term Investments | $465M |
| Tax Assets | $0 |
| Other Non-Current Assets | $195M |
| TOTAL NON-CURRENT ASSETS | $6.3B |
| TOTAL ASSETS | $9.8B |
| Account Payables | $108M |
| Short-Term Debt | $0 |
| Deferred Revenue | $154M |
| Other Current Liabilities | $42M |
| TOTAL CURRENT LIABILITIES | $726M |
| Long-Term Debt | $991M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $153.0K |
| Additional Paid-In Capital | $15.6B |
| Retained Earnings | -$7.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $8.0B |
| TOTAL LIABILITIES & EQUITY | $9.8B |
| Total Debt | $1.1B |
| Net Debt | $634M |
