| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.3B | $3.5B | $3.7B | -7.8% | -11.2% |
| Op. Income | -$2.9B | -$180M | $204M | -1503.0% | -1513.5% |
| Gross Margin | 35.7% | 34.4% | 41.1% | 1.2pp | -5.4pp |
| Net Margin | -93.5% | -14.6% | 3.1% | -78.8pp | -96.6pp |
| EPS (Diluted) | $-2.55 | $-0.43 | $0.09 | -493.0% | -2807.0% |
| Free Cash Flow | $459M | $329M | $564M | 39.4% | -18.6% |
| Item | Amount |
|---|---|
| REVENUE | $3.3B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $222M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $948M |
| Other Expenses | $2.9B |
| Operating Expenses | $4.0B |
| Cost & Expenses | $6.1B |
| OPERATING INCOME | -$2.9B |
| Interest Income | $0 |
| Interest Expense | $116M |
| Other Income/Expenses | -$215M |
| INCOME BEFORE TAX | -$3.1B |
| Income Tax Expense | -$55M |
| Net Income from Continuing Ops | -$3.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3.0B |
| D&A | $665M |
| EBIT | -$3.0B |
| EBITDA | -$2.3B |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$3.0B |
| Depreciation & Amortization | $665M |
| Stock-Based Compensation | $55M |
| Deferred Income Tax | -$44M |
| Other Non-Cash Items | $3.1B |
| Change in Working Capital | -$222M |
| OPERATING CASH FLOW | $536M |
| Capital Expenditure | -$76M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | $11M |
| NET CASH FROM INVESTING | -$65M |
| Net Debt Issuance | $1M |
| Common Stock Repurchased | -$175M |
| Common Dividends Paid | -$143M |
| Other Financing Activities | -$150M |
| NET CASH FROM FINANCING | -$467M |
| FREE CASH FLOW | $459M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $755M |
| Short-Term Investments | $247M |
| Net Receivables | $3.4B |
| Inventory | $4.1B |
| Other Current Assets | $965M |
| TOTAL CURRENT ASSETS | $9.6B |
| PP&E (Net) | $2.9B |
| Goodwill | $6.5B |
| Intangible Assets | $16.7B |
| Long-Term Investments | $1.2B |
| Tax Assets | $818M |
| Other Non-Current Assets | $775M |
| TOTAL NON-CURRENT ASSETS | $28.9B |
| TOTAL ASSETS | $38.5B |
| Account Payables | $1.5B |
| Short-Term Debt | $700.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $5.7B |
| Long-Term Debt | $14.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.1B |
| Other Non-Current Liabilities | $1.7B |
| TOTAL NON-CURRENT LIABILITIES | $17.1B |
| TOTAL LIABILITIES | $22.8B |
| Common Stock | $12M |
| Additional Paid-In Capital | $19.0B |
| Retained Earnings | $228M |
| Treasury Stock | -$680M |
| Accum. Other Comp. Income | -$2.9B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $15.7B |
| TOTAL LIABILITIES & EQUITY | $38.5B |
| Total Debt | $14.5B |
| Net Debt | $13.7B |
