| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.7B | $5.5B | $4.7B | -14.3% | 0.3% |
| Op. Income | $1.1B | $1.4B | $801M | -22.6% | 37.2% |
| Gross Margin | 31.5% | 33.3% | 24.4% | -1.8pp | 7.1pp |
| Net Margin | 14.1% | 17.5% | 7.2% | -3.4pp | 6.9pp |
| EPS (Diluted) | $1.25 | $1.80 | $0.64 | -30.6% | 95.3% |
| Free Cash Flow | -$776M | $294M | -$342M | -364.2% | -127.0% |
| Item | Amount |
|---|---|
| REVENUE | $4.7B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $385M |
| Operating Expenses | $385M |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $1.1B |
| Interest Income | $0 |
| Interest Expense | $464M |
| Other Income/Expenses | -$374M |
| INCOME BEFORE TAX | $724M |
| Income Tax Expense | $59M |
| Net Income from Continuing Ops | $666M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $664M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $664M |
| D&A | $828M |
| EBIT | $1.2B |
| EBITDA | $2.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.7B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $385M |
| Operating Expenses | $385M |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $1.1B |
| Interest Income | $0 |
| Interest Expense | $464M |
| Other Income/Expenses | -$374M |
| INCOME BEFORE TAX | $724M |
| Income Tax Expense | $59M |
| Net Income from Continuing Ops | $666M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $664M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $664M |
| D&A | $828M |
| EBIT | $1.2B |
| EBITDA | $2.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $664M |
| Depreciation & Amortization | $931M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$585M |
| Other Non-Cash Items | -$232M |
| Change in Working Capital | $949M |
| OPERATING CASH FLOW | $1.7B |
| Capital Expenditure | -$2.5B |
| Acquisitions (Net) | -$402M |
| Purchases of Investments | -$525M |
| Sales/Maturities of Investments | $535M |
| Other Investing Activities | -$2.4B |
| NET CASH FROM INVESTING | -$2.8B |
| Net Debt Issuance | $1.5B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$497M |
| Other Financing Activities | $600.0K |
| NET CASH FROM FINANCING | $1.0B |
| FREE CASH FLOW | -$776M |
| Net Change in Cash | -$53M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $203M |
| Short-Term Investments | $215M |
| Net Receivables | $2.6B |
| Inventory | $1.7B |
| Other Current Assets | $1.0B |
| TOTAL CURRENT ASSETS | $5.8B |
| PP&E (Net) | $83.0B |
| Goodwill | $53M |
| Intangible Assets | $0 |
| Long-Term Investments | $4.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $9.3B |
| TOTAL NON-CURRENT ASSETS | $97.3B |
| TOTAL ASSETS | $103.1B |
| Account Payables | $2.6B |
| Short-Term Debt | $5.9B |
| Deferred Revenue | $455M |
| Other Current Liabilities | $1.6B |
| TOTAL CURRENT LIABILITIES | $13.0B |
| Long-Term Debt | $39.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $10.0B |
| Other Non-Current Liabilities | $13.3B |
| TOTAL NON-CURRENT LIABILITIES | $63.1B |
| TOTAL LIABILITIES | $76.1B |
| Common Stock | $3.5B |
| Additional Paid-In Capital | $9.6B |
| Retained Earnings | $13.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $26.9B |
| Minority Interest | $42M |
| TOTAL EQUITY | $27.0B |
| TOTAL LIABILITIES & EQUITY | $103.1B |
| Total Debt | $45.8B |
| Net Debt | $45.6B |
