| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.3B | $1.2B | -6.5% | 3.1% |
| Op. Income | $246M | $259M | $232M | -5.0% | 6.3% |
| Gross Margin | 60.5% | 59.0% | 59.7% | 1.6pp | 0.8pp |
| Net Margin | 16.5% | 16.8% | 15.2% | -0.3pp | 1.3pp |
| EPS (Diluted) | $1.79 | $1.95 | $1.60 | -8.2% | 11.9% |
| Free Cash Flow | -$1.7B | -$648M | -$325M | -157.6% | -413.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $476M |
| GROSS PROFIT | $730M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $182M |
| SG&A Expenses | $188M |
| Other Expenses | $296M |
| Operating Expenses | $484M |
| Cost & Expenses | $960M |
| OPERATING INCOME | $246M |
| Interest Income | $1.1B |
| Interest Expense | $445M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $246M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $199M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $199M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $196M |
| D&A | $31M |
| EBIT | $246M |
| EBITDA | $277M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $476M |
| GROSS PROFIT | $730M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $182M |
| SG&A Expenses | $188M |
| Other Expenses | $296M |
| Operating Expenses | $484M |
| Cost & Expenses | $960M |
| OPERATING INCOME | $246M |
| Interest Income | $1.1B |
| Interest Expense | $445M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $246M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $199M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $199M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $196M |
| D&A | $31M |
| EBIT | $246M |
| EBITDA | $277M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $199M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | -$54M |
| Other Non-Cash Items | -$1.4B |
| Change in Working Capital | -$425M |
| OPERATING CASH FLOW | -$1.7B |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.8B |
| Sales/Maturities of Investments | $2.2B |
| Other Investing Activities | -$960M |
| NET CASH FROM INVESTING | -$1.6B |
| Net Debt Issuance | -$786M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$45M |
| Other Financing Activities | $3.0B |
| NET CASH FROM FINANCING | $2.4B |
| FREE CASH FLOW | -$1.7B |
| Net Change in Cash | -$817M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.3B |
| Short-Term Investments | $3.7B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7.0B |
| PP&E (Net) | $486M |
| Goodwill | $656M |
| Intangible Assets | $1.2B |
| Long-Term Investments | $70.3B |
| Tax Assets | $272M |
| Other Non-Current Assets | $3.0B |
| TOTAL NON-CURRENT ASSETS | $76.0B |
| TOTAL ASSETS | $83.0B |
| Account Payables | $0 |
| Short-Term Debt | $2.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $69.3B |
| TOTAL CURRENT LIABILITIES | $71.9B |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $4.0B |
| TOTAL LIABILITIES | $75.8B |
| Common Stock | $2.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $5.0B |
| Treasury Stock | -$136M |
| Accum. Other Comp. Income | -$478M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.9B |
| Minority Interest | $293M |
| TOTAL EQUITY | $7.2B |
| TOTAL LIABILITIES & EQUITY | $83.0B |
| Total Debt | $5.2B |
| Net Debt | $1.9B |
