| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.1B | $4.0B | $3.7B | 1.5% | 11.1% |
| Op. Income | $1.3B | $1.4B | $1.3B | -3.8% | 3.0% |
| Gross Margin | 56.8% | 57.7% | 57.2% | -0.9pp | -0.4pp |
| Net Margin | 29.0% | 30.1% | 30.2% | -1.1pp | -1.2pp |
| EPS (Diluted) | $1.28 | $1.30 | $1.20 | -1.5% | 6.7% |
| Free Cash Flow | -$274M | $806M | -$231M | -134.0% | -18.6% |
| Item | Amount |
|---|---|
| REVENUE | $4.1B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $2.3B |
| R&D Expenses | $517M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $472M |
| Other Expenses | $0 |
| Operating Expenses | $989M |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $1.3B |
| Interest Income | $0 |
| Interest Expense | $128M |
| Other Income/Expenses | -$48M |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $97M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $444M |
| EBIT | $1.4B |
| EBITDA | $1.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.1B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $2.3B |
| R&D Expenses | $517M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $472M |
| Other Expenses | $0 |
| Operating Expenses | $989M |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $1.3B |
| Interest Income | $0 |
| Interest Expense | $128M |
| Other Income/Expenses | -$48M |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $97M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $444M |
| EBIT | $1.4B |
| EBITDA | $1.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.2B |
| Depreciation & Amortization | $424M |
| Stock-Based Compensation | $116M |
| Deferred Income Tax | -$87M |
| Other Non-Cash Items | -$59M |
| Change in Working Capital | -$724M |
| OPERATING CASH FLOW | $849M |
| Capital Expenditure | -$1.1B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$647M |
| Sales/Maturities of Investments | $2.8B |
| Other Investing Activities | $216M |
| NET CASH FROM INVESTING | $1.3B |
| Net Debt Issuance | -$750M |
| Common Stock Repurchased | -$653M |
| Common Dividends Paid | -$1.2B |
| Other Financing Activities | -$16M |
| NET CASH FROM FINANCING | -$2.5B |
| FREE CASH FLOW | -$274M |
| Net Change in Cash | -$437M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.8B |
| Short-Term Investments | $2.2B |
| Net Receivables | $3.1B |
| Inventory | $4.7B |
| Other Current Assets | $339M |
| TOTAL CURRENT ASSETS | $13.1B |
| PP&E (Net) | $11.8B |
| Goodwill | $4.4B |
| Intangible Assets | $263M |
| Long-Term Investments | $0 |
| Tax Assets | $1.0B |
| Other Non-Current Assets | $3.2B |
| TOTAL NON-CURRENT ASSETS | $20.7B |
| TOTAL ASSETS | $33.8B |
| Account Payables | $866M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $418M |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $12.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $56M |
| Other Non-Current Liabilities | $2.0B |
| TOTAL NON-CURRENT LIABILITIES | $14.9B |
| TOTAL LIABILITIES | $17.4B |
| Common Stock | $1.7B |
| Additional Paid-In Capital | $4.1B |
| Retained Earnings | $52.2B |
| Treasury Stock | -$41.4B |
| Accum. Other Comp. Income | -$147M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $16.4B |
| TOTAL LIABILITIES & EQUITY | $33.8B |
| Total Debt | $12.8B |
| Net Debt | $10.1B |
