| Metric | Q1 2025 | Q4 2024 | Q1 2024 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.9B | $1.5B | -15.7% | 9.4% |
| Op. Income | $351M | $505M | $331M | -30.3% | 6.1% |
| Gross Margin | 24.7% | 29.1% | 30.1% | -4.4pp | -5.5pp |
| Net Margin | 18.3% | 18.4% | 14.3% | -0.1pp | 4.0pp |
| EPS (Diluted) | $0.36 | $0.42 | $0.26 | -15.6% | 39.4% |
| Free Cash Flow | $345M | -$351M | $297M | 198.4% | 16.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $393M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $108M |
| Other Expenses | -$66M |
| Operating Expenses | $41M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $351M |
| Interest Income | $29M |
| Interest Expense | $10M |
| Other Income/Expenses | $24M |
| INCOME BEFORE TAX | $376M |
| Income Tax Expense | $78M |
| Net Income from Continuing Ops | $298M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $291M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $291M |
| D&A | $0 |
| EBIT | $385M |
| EBITDA | $385M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $393M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $108M |
| Other Expenses | -$66M |
| Operating Expenses | $41M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $351M |
| Interest Income | $29M |
| Interest Expense | $10M |
| Other Income/Expenses | $24M |
| INCOME BEFORE TAX | $376M |
| Income Tax Expense | $78M |
| Net Income from Continuing Ops | $298M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $291M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $291M |
| D&A | $0 |
| EBIT | $385M |
| EBITDA | $385M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $291M |
| Depreciation & Amortization | $121M |
| Stock-Based Compensation | $32M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$99M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $345M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$462M |
| NET CASH FROM INVESTING | -$462M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$38M |
| NET CASH FROM FINANCING | -$38M |
| FREE CASH FLOW | $345M |
| Net Change in Cash | -$156M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $1.5B |
| Net Receivables | $306M |
| Inventory | $5M |
| Other Current Assets | $667M |
| TOTAL CURRENT ASSETS | $4.5B |
| PP&E (Net) | $5.1B |
| Goodwill | $620M |
| Intangible Assets | $923M |
| Long-Term Investments | $2.0B |
| Tax Assets | $161M |
| Other Non-Current Assets | $355M |
| TOTAL NON-CURRENT ASSETS | $9.1B |
| TOTAL ASSETS | $13.6B |
| Account Payables | $371M |
| Short-Term Debt | $2.4B |
| Deferred Revenue | $225M |
| Other Current Liabilities | $819M |
| TOTAL CURRENT LIABILITIES | $4.2B |
| Long-Term Debt | $2M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $124M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $179M |
| TOTAL LIABILITIES | $4.4B |
| Common Stock | $75.8K |
| Additional Paid-In Capital | $3.6B |
| Retained Earnings | $5.6B |
| Treasury Stock | -$40M |
| Accum. Other Comp. Income | -$42M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.1B |
| Minority Interest | $95M |
| TOTAL EQUITY | $9.2B |
| TOTAL LIABILITIES & EQUITY | $13.6B |
| Total Debt | $2.5B |
| Net Debt | $682M |
