| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | $2.4B | — | -1.6% | — |
| Op. Income | $385M | $387M | — | -0.6% | — |
| Gross Margin | 30.2% | 29.2% | — | 1.0pp | — |
| Net Margin | 13.7% | 12.8% | — | 0.9pp | — |
| EPS (Diluted) | $0.03 | $0.03 | — | 5.9% | — |
| Free Cash Flow | $397M | $525M | — | -24.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $704M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $319M |
| Other Expenses | $0 |
| Operating Expenses | $319M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $385M |
| Interest Income | $60M |
| Interest Expense | $35M |
| Other Income/Expenses | $42M |
| INCOME BEFORE TAX | $427M |
| Income Tax Expense | $104M |
| Net Income from Continuing Ops | $322M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $319M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $319M |
| D&A | $77M |
| EBIT | $462M |
| EBITDA | $539M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $704M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $319M |
| Other Expenses | $0 |
| Operating Expenses | $319M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $385M |
| Interest Income | $60M |
| Interest Expense | $35M |
| Other Income/Expenses | $42M |
| INCOME BEFORE TAX | $427M |
| Income Tax Expense | $104M |
| Net Income from Continuing Ops | $322M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $319M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $319M |
| D&A | $77M |
| EBIT | $462M |
| EBITDA | $539M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $319M |
| Depreciation & Amortization | $77M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $10M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $424M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | $382.3K |
| Purchases of Investments | -$2.1B |
| Sales/Maturities of Investments | $1.7B |
| Other Investing Activities | $69M |
| NET CASH FROM INVESTING | -$383M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$24M |
| NET CASH FROM FINANCING | -$19M |
| FREE CASH FLOW | $397M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $3.7B |
| Net Receivables | $2.3B |
| Inventory | $10M |
| Other Current Assets | $55M |
| TOTAL CURRENT ASSETS | $7.4B |
| PP&E (Net) | $1.1B |
| Goodwill | $3.4B |
| Intangible Assets | $329M |
| Long-Term Investments | $236M |
| Tax Assets | $19M |
| Other Non-Current Assets | $287M |
| TOTAL NON-CURRENT ASSETS | $5.3B |
| TOTAL ASSETS | $12.6B |
| Account Payables | $236M |
| Short-Term Debt | $874M |
| Deferred Revenue | $205M |
| Other Current Liabilities | $387M |
| TOTAL CURRENT LIABILITIES | $2.7B |
| Long-Term Debt | $662M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $183M |
| Other Non-Current Liabilities | $604M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $4.3B |
| Common Stock | $111M |
| Additional Paid-In Capital | $59M |
| Retained Earnings | $7.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $442M |
| Other Equity | $648M |
| TOTAL STOCKHOLDERS' EQUITY | $8.3B |
| Minority Interest | $18M |
| TOTAL EQUITY | $8.3B |
| TOTAL LIABILITIES & EQUITY | $12.6B |
| Total Debt | $1.8B |
| Net Debt | $750M |
