| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21.5B | $25.2B | $21.7B | -14.6% | -0.5% |
| Op. Income | $1.7B | $3.0B | $1.7B | -44.2% | -2.3% |
| Gross Margin | 17.1% | 20.8% | 16.5% | -3.7pp | 0.6pp |
| Net Margin | 5.5% | 6.8% | 5.1% | -1.3pp | 0.4pp |
| EPS (Diluted) | $1.40 | $2.02 | $1.30 | -30.7% | 7.7% |
| Free Cash Flow | $1.4B | $2.2B | $2.3B | -35.0% | -36.8% |
| Item | Amount |
|---|---|
| REVENUE | $21.5B |
| Cost of Revenue | $17.9B |
| GROSS PROFIT | $3.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $2.0B |
| Operating Expenses | $2.0B |
| Cost & Expenses | $19.9B |
| OPERATING INCOME | $1.7B |
| Interest Income | $0 |
| Interest Expense | $221M |
| Other Income/Expenses | -$143M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $336M |
| 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 | $912M |
| EBIT | $1.7B |
| EBITDA | $2.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $21.5B |
| Cost of Revenue | $17.9B |
| GROSS PROFIT | $3.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $2.0B |
| Operating Expenses | $2.0B |
| Cost & Expenses | $19.9B |
| OPERATING INCOME | $1.7B |
| Interest Income | $0 |
| Interest Expense | $221M |
| Other Income/Expenses | -$143M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $336M |
| 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 | $912M |
| EBIT | $1.7B |
| EBITDA | $2.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.2B |
| Depreciation & Amortization | $912M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | -$40M |
| Other Non-Cash Items | $246M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $2.3B |
| Capital Expenditure | -$876M |
| Acquisitions (Net) | -$413M |
| Purchases of Investments | -$90M |
| Sales/Maturities of Investments | $34M |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$1.4B |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | -$1.0B |
| Common Dividends Paid | -$1.3B |
| Other Financing Activities | -$13M |
| NET CASH FROM FINANCING | -$2.3B |
| FREE CASH FLOW | $1.4B |
| Net Change in Cash | -$1.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.8B |
| Short-Term Investments | $263M |
| Net Receivables | $9.9B |
| Inventory | $0 |
| Other Current Assets | $2.1B |
| TOTAL CURRENT ASSETS | $17.1B |
| PP&E (Net) | $41.3B |
| Goodwill | $4.7B |
| Intangible Assets | $3.3B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.0B |
| TOTAL NON-CURRENT ASSETS | $51.4B |
| TOTAL ASSETS | $68.5B |
| Account Payables | $5.5B |
| Short-Term Debt | $1.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.4B |
| TOTAL CURRENT LIABILITIES | $15.7B |
| Long-Term Debt | $19.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.6B |
| Other Non-Current Liabilities | $10.5B |
| TOTAL NON-CURRENT LIABILITIES | $37.1B |
| TOTAL LIABILITIES | $52.8B |
| Common Stock | $9M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $19.9B |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | -$4.3B |
| Other Equity | $4M |
| TOTAL STOCKHOLDERS' EQUITY | $15.7B |
| Minority Interest | $24M |
| TOTAL EQUITY | $15.7B |
| TOTAL LIABILITIES & EQUITY | $68.5B |
| Total Debt | $25.6B |
| Net Debt | $20.8B |
