| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.5B | $3.0B | $3.9B | 81.2% | 42.5% |
| Op. Income | $2.1B | $92M | $290M | 2220.7% | 636.2% |
| Gross Margin | 46.0% | 15.8% | 100.0% | 30.2pp | -54.0pp |
| Net Margin | 34.6% | -3.1% | 6.9% | 37.7pp | 27.6pp |
| EPS (Diluted) | $3.42 | $-0.17 | $0.46 | 2111.8% | 643.5% |
| Free Cash Flow | $333M | $1.3B | $833M | -73.8% | -60.0% |
| Item | Amount |
|---|---|
| REVENUE | $5.5B |
| Cost of Revenue | $3.0B |
| GROSS PROFIT | $2.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $392M |
| Operating Expenses | $392M |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $2.1B |
| Interest Income | $0 |
| Interest Expense | $50M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | $233M |
| Net Income from Continuing Ops | $1.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.9B |
| D&A | $0 |
| EBIT | $2.1B |
| EBITDA | $2.1B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $5.5B |
| Cost of Revenue | $3.0B |
| GROSS PROFIT | $2.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $392M |
| Operating Expenses | $392M |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $2.1B |
| Interest Income | $0 |
| Interest Expense | $50M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | $233M |
| Net Income from Continuing Ops | $1.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.9B |
| D&A | $0 |
| EBIT | $2.1B |
| EBITDA | $2.1B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $1.9B |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1.2B |
| Change in Working Capital | -$349M |
| OPERATING CASH FLOW | $333M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $587M |
| Sales/Maturities of Investments | $2.5B |
| Other Investing Activities | -$1.5B |
| NET CASH FROM INVESTING | $1.5B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$750M |
| Common Dividends Paid | -$267M |
| Other Financing Activities | -$60M |
| NET CASH FROM FINANCING | -$1.1B |
| FREE CASH FLOW | $333M |
| Net Change in Cash | $617M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.2B |
| Short-Term Investments | $65.3B |
| Net Receivables | $779M |
| Inventory | $0 |
| Other Current Assets | -$72.3B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $387M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $82.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$82.4B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $117.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$573M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $7.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$7.5B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $91.5B |
| Common Stock | $136M |
| Additional Paid-In Capital | $2.9B |
| Retained Earnings | $52.3B |
| Treasury Stock | -$26.2B |
| Accum. Other Comp. Income | -$3.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $26.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $26.1B |
| TOTAL LIABILITIES & EQUITY | $117.6B |
| Total Debt | $7.5B |
| Net Debt | $1.3B |
