| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.3B | $1.2B | -4.5% | -0.9% |
| Op. Income | $239M | $270M | $203M | -11.5% | 17.7% |
| Gross Margin | 64.8% | 62.1% | 60.2% | 2.7pp | 4.6pp |
| Net Margin | 14.2% | 17.2% | 12.6% | -3.0pp | 1.5pp |
| EPS (Diluted) | $1.13 | $1.34 | $0.96 | -15.7% | 17.7% |
| Free Cash Flow | $152M | $489M | $231M | -68.9% | -34.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $422M |
| GROSS PROFIT | $777M |
| R&D Expenses | $0 |
| Selling & Marketing | $11M |
| General & Administrative | $364M |
| SG&A Expenses | $375M |
| Other Expenses | $163M |
| Operating Expenses | $538M |
| Cost & Expenses | $960M |
| OPERATING INCOME | $239M |
| Interest Income | $1.0B |
| Interest Expense | $404M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $239M |
| Income Tax Expense | $69M |
| Net Income from Continuing Ops | $170M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $170M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $167M |
| D&A | $28M |
| EBIT | $239M |
| EBITDA | $267M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $422M |
| GROSS PROFIT | $777M |
| R&D Expenses | $0 |
| Selling & Marketing | $11M |
| General & Administrative | $364M |
| SG&A Expenses | $375M |
| Other Expenses | $163M |
| Operating Expenses | $538M |
| Cost & Expenses | $960M |
| OPERATING INCOME | $239M |
| Interest Income | $1.0B |
| Interest Expense | $404M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $239M |
| Income Tax Expense | $69M |
| Net Income from Continuing Ops | $170M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $170M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $167M |
| D&A | $28M |
| EBIT | $239M |
| EBITDA | $267M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $170M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | $38M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$70M |
| OPERATING CASH FLOW | $179M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | $191M |
| Purchases of Investments | -$525M |
| Sales/Maturities of Investments | $2.2B |
| Other Investing Activities | -$135M |
| NET CASH FROM INVESTING | $1.7B |
| Net Debt Issuance | -$356M |
| Common Stock Repurchased | -$41M |
| Common Dividends Paid | -$66M |
| Other Financing Activities | -$1.2B |
| NET CASH FROM FINANCING | -$1.7B |
| FREE CASH FLOW | $152M |
| Net Change in Cash | $182M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.8B |
| Short-Term Investments | $9.3B |
| Net Receivables | $377M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $12.4B |
| PP&E (Net) | $1.4B |
| Goodwill | $1.1B |
| Intangible Assets | $0 |
| Long-Term Investments | $68.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.3B |
| TOTAL NON-CURRENT ASSETS | $75.5B |
| TOTAL ASSETS | $88.0B |
| Account Payables | $0 |
| Short-Term Debt | $3.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $75.7B |
| TOTAL CURRENT LIABILITIES | $79.2B |
| Long-Term Debt | $960M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.5B |
| TOTAL NON-CURRENT LIABILITIES | $2.5B |
| TOTAL LIABILITIES | $81.7B |
| Common Stock | $1.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $6.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.3B |
| TOTAL LIABILITIES & EQUITY | $88.0B |
| Total Debt | $4.4B |
| Net Debt | $1.6B |
