| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.9B | $1.5B | -11.8% | 5.8% |
| Op. Income | $226M | $401M | $173M | -43.5% | 30.9% |
| Gross Margin | 22.3% | 29.0% | 19.7% | -6.6pp | 2.6pp |
| Net Margin | 7.9% | 15.8% | 6.6% | -8.0pp | 1.2pp |
| EPS (Diluted) | $0.97 | $2.21 | $0.77 | -56.1% | 26.0% |
| Free Cash Flow | $84M | $278M | $21M | -69.9% | 305.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $365M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $138M |
| Other Expenses | $600.0K |
| Operating Expenses | $139M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $226M |
| Interest Income | $0 |
| Interest Expense | $60M |
| Other Income/Expenses | -$62M |
| INCOME BEFORE TAX | $164M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $130M |
| Net Income from Discontinued Ops | -$900.0K |
| Other Adjustments | $0 |
| NET INCOME | $129M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $129M |
| D&A | $186M |
| EBIT | $224M |
| EBITDA | $410M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $365M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $138M |
| Other Expenses | $600.0K |
| Operating Expenses | $139M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $226M |
| Interest Income | $0 |
| Interest Expense | $60M |
| Other Income/Expenses | -$62M |
| INCOME BEFORE TAX | $164M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $130M |
| Net Income from Discontinued Ops | -$900.0K |
| Other Adjustments | $0 |
| NET INCOME | $129M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $129M |
| D&A | $186M |
| EBIT | $224M |
| EBITDA | $410M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $129M |
| Depreciation & Amortization | $186M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$81M |
| OPERATING CASH FLOW | $252M |
| Capital Expenditure | -$168M |
| Acquisitions (Net) | $5M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $37M |
| NET CASH FROM INVESTING | -$127M |
| Net Debt Issuance | -$400M |
| Common Stock Repurchased | -$38M |
| Common Dividends Paid | -$66M |
| Other Financing Activities | -$28M |
| NET CASH FROM FINANCING | -$533M |
| FREE CASH FLOW | $84M |
| Net Change in Cash | -$408M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $181M |
| Short-Term Investments | $0 |
| Net Receivables | $929M |
| Inventory | $721M |
| Other Current Assets | $95M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $8.9B |
| Goodwill | $3.8B |
| Intangible Assets | $1.8B |
| Long-Term Investments | $31M |
| Tax Assets | $0 |
| Other Non-Current Assets | $146M |
| TOTAL NON-CURRENT ASSETS | $14.8B |
| TOTAL ASSETS | $16.7B |
| Account Payables | $355M |
| Short-Term Debt | $500.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $442M |
| TOTAL CURRENT LIABILITIES | $797M |
| Long-Term Debt | $4.9B |
| Deferred Revenue NC | $136M |
| Deferred Tax Liabilities | $1.3B |
| Other Non-Current Liabilities | $825M |
| TOTAL NON-CURRENT LIABILITIES | $7.8B |
| TOTAL LIABILITIES | $8.6B |
| Common Stock | $132M |
| Additional Paid-In Capital | $2.9B |
| Retained Earnings | $5.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$126M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.1B |
| Minority Interest | $24M |
| TOTAL EQUITY | $8.2B |
| TOTAL LIABILITIES & EQUITY | $16.7B |
| Total Debt | $5.5B |
| Net Debt | $5.3B |
