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AI English summary of an SEC filing — figures as filed

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The company said revenue for Q1 in fiscal 2025, which ended November 28, 2024, was $8.71 billion, versus $7.75 billion in the prior quarter and $4.73 billion in the same period last year.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said revenue for Q1 in fiscal 2025, which ended November 28, 2024, was $8.71 billion, versus $7.75 billion in the prior quarter and $4.73 billion in the same period last year.

  2. The company said GAAP net income for Q1 was $1.87 billion ($1.67 per diluted share), and non-GAAP net income was $2.04 billion ($1.79 per diluted share). It said GAAP operating margin, as a percent of revenue, was 25.0%.

  3. The company said operating cash flow for Q1 was $3.24 billion, investments in capital expenditures, net, were $3.13 billion, and as a result adjusted free cash flow was $112 million.

  4. The company gave revenue guidance for Q2 of $7.90 billion ± $200 million, with GAAP gross margin of 37.5% ± 1.0% and diluted earnings per share of $1.26 ± $0.10, it said.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Fiscal 2025 Q1 Revenue $8.71 billion

The company said revenue for Q1 in fiscal 2025, which ended November 28, 2024, was $8.71 billion, versus $7.75 billion in the prior quarter and $4.73 billion in the same period last year.

Source · Based on the filing body and exhibits

GAAP Net Income $1.87 billion, Operating Margin 25.0%

The company said GAAP net income for Q1 was $1.87 billion ($1.67 per diluted share), and non-GAAP net income was $2.04 billion ($1.79 per diluted share). It said GAAP operating margin, as a percent of revenue, was 25.0%.

Source · Based on the filing body and exhibits

Operating Cash Flow $3.24 billion and Adjusted Free Cash Flow

The company said operating cash flow for Q1 was $3.24 billion, investments in capital expenditures, net, were $3.13 billion, and as a result adjusted free cash flow was $112 million.

Source · Based on the filing body and exhibits

Fiscal 2025 Q2 Guidance

The company gave revenue guidance for Q2 of $7.90 billion ± $200 million, with GAAP gross margin of 37.5% ± 1.0% and diluted earnings per share of $1.26 ± $0.10, it said.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.