| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11.5B | $12.0B | $10.1B | -3.6% | 13.8% |
| Op. Income | $1.2B | $770M | $172M | 59.5% | 614.0% |
| Gross Margin | 39.9% | 39.5% | 39.1% | 0.3pp | 0.7pp |
| Net Margin | 15.4% | 57.6% | -6.5% | -42.2pp | 21.9pp |
| EPS (Diluted) | $0.83 | $3.21 | $-0.32 | -74.1% | 359.4% |
| Free Cash Flow | $2.3B | $1.7B | $1.4B | 31.9% | 65.6% |
| Item | Amount |
|---|---|
| REVENUE | $11.5B |
| Cost of Revenue | $6.9B |
| GROSS PROFIT | $4.6B |
| R&D Expenses | $815M |
| Selling & Marketing | $1.1B |
| General & Administrative | $657M |
| SG&A Expenses | $1.7B |
| Other Expenses | $839M |
| Operating Expenses | $3.4B |
| Cost & Expenses | $10.3B |
| OPERATING INCOME | $1.2B |
| Interest Income | $169M |
| Interest Expense | $105M |
| Other Income/Expenses | $144M |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | -$402M |
| Net Income from Continuing Ops | $1.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.8B |
| Net Income Deductions | $13M |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $178M |
| EBIT | $1.5B |
| EBITDA | $1.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $11.5B |
| Cost of Revenue | $6.9B |
| GROSS PROFIT | $4.6B |
| R&D Expenses | $815M |
| Selling & Marketing | $1.1B |
| General & Administrative | $657M |
| SG&A Expenses | $1.7B |
| Other Expenses | $839M |
| Operating Expenses | $3.4B |
| Cost & Expenses | $10.3B |
| OPERATING INCOME | $1.2B |
| Interest Income | $169M |
| Interest Expense | $105M |
| Other Income/Expenses | $144M |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | -$402M |
| Net Income from Continuing Ops | $1.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.8B |
| Net Income Deductions | $13M |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $178M |
| EBIT | $1.5B |
| EBITDA | $1.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.8B |
| Depreciation & Amortization | $178M |
| Stock-Based Compensation | $435M |
| Deferred Income Tax | -$412M |
| Other Non-Cash Items | -$129M |
| Change in Working Capital | $478M |
| OPERATING CASH FLOW | $2.3B |
| Capital Expenditure | -$74M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.7B |
| Sales/Maturities of Investments | $2.4B |
| Other Investing Activities | -$146M |
| NET CASH FROM INVESTING | -$542M |
| Net Debt Issuance | -$47M |
| Common Stock Repurchased | -$1.8B |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$30M |
| NET CASH FROM FINANCING | -$1.9B |
| FREE CASH FLOW | $2.3B |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.4B |
| Short-Term Investments | $894M |
| Net Receivables | $4.0B |
| Inventory | $0 |
| Other Current Assets | $615M |
| TOTAL CURRENT ASSETS | $12.3B |
| PP&E (Net) | $3.1B |
| Goodwill | $8.1B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $20.0B |
| Tax Assets | $6.6B |
| Other Non-Current Assets | $1.6B |
| TOTAL NON-CURRENT ASSETS | $40.5B |
| TOTAL ASSETS | $52.8B |
| Account Payables | $873M |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.8B |
| TOTAL CURRENT LIABILITIES | $12.1B |
| Long-Term Debt | $8.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $13M |
| Other Non-Current Liabilities | $8.0B |
| TOTAL NON-CURRENT LIABILITIES | $17.8B |
| TOTAL LIABILITIES | $29.9B |
| Common Stock | $0 |
| Additional Paid-In Capital | $41.4B |
| Retained Earnings | -$18.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$485M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $22.0B |
| Minority Interest | $930M |
| TOTAL EQUITY | $22.9B |
| TOTAL LIABILITIES & EQUITY | $52.8B |
| Total Debt | $11.1B |
| Net Debt | $4.7B |
