🔹 EPS: $1.28 (Est: $1.06) 🟢; UP +7% YoY
🔹 Revenue: $4.07B (Est: $3.91B) 🟢; UP +11% YoY
🔹 Operating Profit: $1.32B (Est: $1.18B) 🟢; UP +3% YoY
Q2'25 Guidance
🔹 Revenue: $4.17B–$4.53B (Est: $4.12B) 🟢
🔹 EPS: $1.21–$1.47 (Est: $1.20) 🟢
🔸 Expected effective tax rate: 12%–13%
Segment Performance
Analog
🔹 Revenue: $3.21B (Est: $3.10B) 🟢; UP +13% YoY
🔹 Operating Profit: $1.21B; UP +20% YoY
Embedded Processing
🔹 Revenue: $647M (Est: $617M) 🟢; DOWN -0.8% YoY
🔹 Operating Profit: $40M; DOWN -62% YoY
Other
🔹 Revenue: $212M (Est: $208.9M) 🟢; UP +23% YoY
🔹 Operating Profit: $78M; DOWN -55% YoY
Other Key Metrics:
🔹 Net Income: $1.18B; UP +7% YoY
🔹 R&D Expenses: $517M (Est: $511.5M) 🔴; UP +8.2% YoY
🔹 Capital Expenditure: $1.12B (Est: $1.18B) 🟢; DOWN -10% YoY
🔹 Adjusted Free Cash Flow: -$14M
🔹 Cash and Cash Equivalents: $2.76B (Est: $2.41B) 🟢; UP +11% YoY
Trailing 12-Month Metrics
🔹 Cash Flow from Operations: $6.15B (vs. $6.28B YoY)
🔹 Free Cash Flow: $1.72B (vs. $940M YoY); UP +82%
🔹 Free Cash Flow Margin: 10.7%
🔹 Cash Returned to Shareholders: $6.43B (vs. $4.81B YoY); UP +34%
🔹 Dividends: $4.85B
🔹 Stock Repurchases: $1.58B
Balance Sheet Snapshot (as of Mar 31, 2025)
🔹 Total Assets: $33.76B
🔹 Total Liabilities: $17.35B
🔹 Stockholders' Equity: $16.41B
🔹 Inventories: $4.69B (vs. $4.08B YoY)
🔹 Long-term Debt: $12.85B
CEO Commentary – Haviv Ilan
🔸 "Revenue increased 11% from the same quarter a year ago and grew 2% sequentially. All markets grew except personal electronics. Our trailing 12-month free cash flow of $1.7B demonstrates our strength, backed by solid execution and the advantage of 300mm manufacturing. We remain focused on delivering strong returns and investing for the long-term."
