| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10.4B | $10.7B | $10.5B | -2.9% | -1.1% |
| Op. Income | $2.2B | $2.1B | $1.7B | 2.4% | 29.0% |
| Gross Margin | 61.7% | 60.2% | 58.6% | 1.5pp | 3.1pp |
| Net Margin | 16.5% | 15.6% | 12.6% | 0.9pp | 3.9pp |
| EPS (Diluted) | $1.03 | $1.01 | $0.78 | 2.0% | 32.1% |
| Free Cash Flow | -$285M | $4.8B | $2.7B | -106.0% | -110.7% |
| Item | Amount |
|---|---|
| REVENUE | $10.4B |
| Cost of Revenue | $4.0B |
| GROSS PROFIT | $6.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $182M |
| General & Administrative | $2.6B |
| SG&A Expenses | $2.8B |
| Other Expenses | $1.4B |
| Operating Expenses | $4.2B |
| Cost & Expenses | $8.2B |
| OPERATING INCOME | $2.2B |
| Interest Income | $7.5B |
| Interest Expense | $3.4B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2.2B |
| Income Tax Expense | $443M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.6B |
| D&A | $215M |
| EBIT | $2.2B |
| EBITDA | $2.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $10.4B |
| Cost of Revenue | $4.0B |
| GROSS PROFIT | $6.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $182M |
| General & Administrative | $2.6B |
| SG&A Expenses | $2.8B |
| Other Expenses | $1.4B |
| Operating Expenses | $4.2B |
| Cost & Expenses | $8.2B |
| OPERATING INCOME | $2.2B |
| Interest Income | $7.5B |
| Interest Expense | $3.4B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2.2B |
| Income Tax Expense | $443M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.6B |
| D&A | $215M |
| EBIT | $2.2B |
| EBITDA | $2.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.7B |
| Depreciation & Amortization | $215M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $985M |
| Change in Working Capital | -$3.2B |
| OPERATING CASH FLOW | -$285M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.7B |
| Sales/Maturities of Investments | $3.7B |
| Other Investing Activities | -$3.5B |
| NET CASH FROM INVESTING | -$2.5B |
| Net Debt Issuance | $3.1B |
| Common Stock Repurchased | -$160M |
| Common Dividends Paid | -$787M |
| Other Financing Activities | -$5.8B |
| NET CASH FROM FINANCING | -$3.7B |
| FREE CASH FLOW | -$285M |
| Net Change in Cash | -$6.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $50.0B |
| Short-Term Investments | $86.3B |
| Net Receivables | $8.2B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $144.5B |
| PP&E (Net) | $3.6B |
| Goodwill | $12.6B |
| Intangible Assets | $5.4B |
| Long-Term Investments | $445.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $64.7B |
| TOTAL NON-CURRENT ASSETS | $532.0B |
| TOTAL ASSETS | $676.5B |
| Account Payables | $0 |
| Short-Term Debt | $17.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $512.5B |
| TOTAL CURRENT LIABILITIES | $529.7B |
| Long-Term Debt | $59.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $26.4B |
| TOTAL NON-CURRENT LIABILITIES | $86.2B |
| TOTAL LIABILITIES | $615.9B |
| Common Stock | $21M |
| Additional Paid-In Capital | $8.7B |
| Retained Earnings | $77.7B |
| Treasury Stock | -$24.1B |
| Accum. Other Comp. Income | -$9.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $60.1B |
| Minority Interest | $462M |
| TOTAL EQUITY | $60.6B |
| TOTAL LIABILITIES & EQUITY | $676.5B |
| Total Debt | $77.0B |
| Net Debt | $27.0B |
