| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.4B | $2.3B | $2.7B | 5.7% | -10.1% |
| Op. Income | $569M | $491M | $634M | 15.9% | -10.2% |
| Gross Margin | 58.0% | 56.7% | 60.6% | 1.3pp | -2.7pp |
| Net Margin | 19.6% | 17.0% | 18.3% | 2.6pp | 1.2pp |
| EPS (Diluted) | $0.96 | $0.79 | $0.99 | 21.5% | -3.0% |
| Free Cash Flow | $885M | $701M | $711M | 26.3% | 24.5% |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $379M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $284M |
| Other Expenses | $184M |
| Operating Expenses | $847M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $569M |
| Interest Income | $28M |
| Interest Expense | $83M |
| Other Income/Expenses | -$53M |
| INCOME BEFORE TAX | $516M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $478M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $478M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $478M |
| D&A | $520M |
| EBIT | $599M |
| EBITDA | $1.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $379M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $284M |
| Other Expenses | $184M |
| Operating Expenses | $847M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $569M |
| Interest Income | $28M |
| Interest Expense | $83M |
| Other Income/Expenses | -$53M |
| INCOME BEFORE TAX | $516M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $478M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $478M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $478M |
| D&A | $520M |
| EBIT | $599M |
| EBITDA | $1.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $478M |
| Depreciation & Amortization | $520M |
| Stock-Based Compensation | $70M |
| Deferred Income Tax | -$98M |
| Other Non-Cash Items | -$776.0K |
| Change in Working Capital | $81M |
| OPERATING CASH FLOW | $1.1B |
| Capital Expenditure | -$165M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $54M |
| NET CASH FROM INVESTING | -$112M |
| Net Debt Issuance | -$500M |
| Common Stock Repurchased | -$95M |
| Common Dividends Paid | -$457M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$1.1B |
| FREE CASH FLOW | $885M |
| Net Change in Cash | -$115M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.0B |
| Short-Term Investments | $372M |
| Net Receivables | $1.3B |
| Inventory | $1.4B |
| Other Current Assets | $337M |
| TOTAL CURRENT ASSETS | $5.5B |
| PP&E (Net) | $3.4B |
| Goodwill | $26.9B |
| Intangible Assets | $9.6B |
| Long-Term Investments | $0 |
| Tax Assets | $2.1B |
| Other Non-Current Assets | $749M |
| TOTAL NON-CURRENT ASSETS | $42.7B |
| TOTAL ASSETS | $48.2B |
| Account Payables | $487M |
| Short-Term Debt | $947M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $257M |
| TOTAL CURRENT LIABILITIES | $3.0B |
| Long-Term Debt | $6.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.6B |
| Other Non-Current Liabilities | $805M |
| TOTAL NON-CURRENT LIABILITIES | $10.1B |
| TOTAL LIABILITIES | $13.1B |
| Common Stock | $83M |
| Additional Paid-In Capital | $25.1B |
| Retained Earnings | $10.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$185M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $35.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $35.2B |
| TOTAL LIABILITIES & EQUITY | $48.2B |
| Total Debt | $7.6B |
| Net Debt | $5.7B |
