| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | $1.2B | -1.9% | 11.3% |
| Op. Income | $195M | $225M | $159M | -13.3% | 22.6% |
| Gross Margin | 49.3% | 48.6% | 47.9% | 0.7pp | 1.4pp |
| Net Margin | 10.4% | 12.2% | 9.8% | -1.8pp | 0.6pp |
| EPS (Diluted) | $2.62 | $3.14 | $2.22 | -16.6% | 18.0% |
| Free Cash Flow | $158M | $288M | $111M | -45.1% | 42.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $663M |
| GROSS PROFIT | $645M |
| R&D Expenses | $151M |
| Selling & Marketing | $161M |
| General & Administrative | $111M |
| SG&A Expenses | $272M |
| Other Expenses | $27M |
| Operating Expenses | $450M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $195M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $165M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $136M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $136M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $136M |
| D&A | $41M |
| EBIT | $188M |
| EBITDA | $229M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $663M |
| GROSS PROFIT | $645M |
| R&D Expenses | $151M |
| Selling & Marketing | $161M |
| General & Administrative | $111M |
| SG&A Expenses | $272M |
| Other Expenses | $27M |
| Operating Expenses | $450M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $195M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $165M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $136M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $136M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $136M |
| D&A | $41M |
| EBIT | $188M |
| EBITDA | $229M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $136M |
| Depreciation & Amortization | $41M |
| Stock-Based Compensation | $51M |
| Deferred Income Tax | -$23M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$28M |
| OPERATING CASH FLOW | $178M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | -$62M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$82M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$125M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | -$119M |
| FREE CASH FLOW | $158M |
| Net Change in Cash | -$22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $879M |
| Short-Term Investments | $0 |
| Net Receivables | $637M |
| Inventory | $681M |
| Other Current Assets | $94M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $474M |
| Goodwill | $3.9B |
| Intangible Assets | $423M |
| Long-Term Investments | $110M |
| Tax Assets | $545M |
| Other Non-Current Assets | $129M |
| TOTAL NON-CURRENT ASSETS | $5.6B |
| TOTAL ASSETS | $7.9B |
| Account Payables | $559M |
| Short-Term Debt | $69M |
| Deferred Revenue | $464M |
| Other Current Liabilities | $80M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $309M |
| Deferred Tax Liabilities | $57M |
| Other Non-Current Liabilities | $70M |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $4.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $719M |
| Retained Earnings | $5.0B |
| Treasury Stock | -$2.0B |
| Accum. Other Comp. Income | -$65M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $7.9B |
| Total Debt | $2.4B |
| Net Debt | $1.5B |
