| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $637M | $637M | $653M | 0.0% | -2.5% |
| Op. Income | $157M | $157M | $165M | 0.0% | -4.4% |
| Gross Margin | 57.6% | 59.5% | 59.1% | -2.0pp | -1.5pp |
| Net Margin | 11.2% | 10.0% | 10.1% | 1.2pp | 1.2pp |
| EPS (Diluted) | $1.81 | $1.60 | $1.55 | 13.1% | 16.8% |
| Free Cash Flow | -$529M | $600M | -$187M | -188.2% | -182.3% |
| Item | Amount |
|---|---|
| REVENUE | $637M |
| Cost of Revenue | $270M |
| GROSS PROFIT | $367M |
| R&D Expenses | $0 |
| Selling & Marketing | $91M |
| General & Administrative | $74M |
| SG&A Expenses | $165M |
| Other Expenses | $45M |
| Operating Expenses | $209M |
| Cost & Expenses | $479M |
| OPERATING INCOME | $157M |
| Interest Income | $0 |
| Interest Expense | $53M |
| Other Income/Expenses | -$57M |
| INCOME BEFORE TAX | $100M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $72M |
| D&A | $82M |
| EBIT | $153M |
| EBITDA | $235M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $637M |
| Cost of Revenue | $270M |
| GROSS PROFIT | $367M |
| R&D Expenses | $0 |
| Selling & Marketing | $91M |
| General & Administrative | $74M |
| SG&A Expenses | $165M |
| Other Expenses | $45M |
| Operating Expenses | $209M |
| Cost & Expenses | $479M |
| OPERATING INCOME | $157M |
| Interest Income | $0 |
| Interest Expense | $53M |
| Other Income/Expenses | -$57M |
| INCOME BEFORE TAX | $100M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $72M |
| D&A | $82M |
| EBIT | $153M |
| EBITDA | $235M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $72M |
| Depreciation & Amortization | $82M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$661M |
| OPERATING CASH FLOW | -$482M |
| Capital Expenditure | -$47M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$146M |
| Sales/Maturities of Investments | $176M |
| Other Investing Activities | -$20M |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | $1.2B |
| Common Stock Repurchased | -$790M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$112M |
| NET CASH FROM FINANCING | $318M |
| FREE CASH FLOW | -$529M |
| Net Change in Cash | -$159M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $610M |
| Short-Term Investments | $3.8B |
| Net Receivables | $3.8B |
| Inventory | $0 |
| Other Current Assets | $964M |
| TOTAL CURRENT ASSETS | $9.2B |
| PP&E (Net) | $259M |
| Goodwill | $3.0B |
| Intangible Assets | $1.2B |
| Long-Term Investments | $82M |
| Tax Assets | $18M |
| Other Non-Current Assets | $216M |
| TOTAL NON-CURRENT ASSETS | $4.8B |
| TOTAL ASSETS | $14.0B |
| Account Payables | $1.4B |
| Short-Term Debt | $1.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5.3B |
| TOTAL CURRENT LIABILITIES | $8.8B |
| Long-Term Debt | $4.1B |
| Deferred Revenue NC | $46M |
| Deferred Tax Liabilities | $147M |
| Other Non-Current Liabilities | $101M |
| TOTAL NON-CURRENT LIABILITIES | $4.4B |
| TOTAL LIABILITIES | $13.2B |
| Common Stock | $500.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $2.1B |
| Treasury Stock | -$2.2B |
| Accum. Other Comp. Income | -$245M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $810M |
| Minority Interest | $0 |
| TOTAL EQUITY | $810M |
| TOTAL LIABILITIES & EQUITY | $14.0B |
| Total Debt | $5.6B |
| Net Debt | $5.0B |
