| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $995M | $978M | $957M | 1.8% | 4.0% |
| Op. Income | $144M | $162M | $172M | -11.2% | -16.0% |
| Gross Margin | 70.0% | 69.7% | 70.0% | 0.3pp | 0.0pp |
| Net Margin | 10.4% | 11.9% | 13.0% | -1.4pp | -2.5pp |
| EPS (Diluted) | $1.39 | $1.55 | $1.64 | -10.3% | -15.2% |
| Free Cash Flow | $263M | $234M | $13M | 12.5% | 1851.3% |
| Item | Amount |
|---|---|
| REVENUE | $995M |
| Cost of Revenue | $298M |
| GROSS PROFIT | $697M |
| R&D Expenses | $95M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $425M |
| Other Expenses | $33M |
| Operating Expenses | $553M |
| Cost & Expenses | $851M |
| OPERATING INCOME | $144M |
| Interest Income | $9M |
| Interest Expense | $0 |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $141M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $104M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $104M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $104M |
| D&A | $38M |
| EBIT | $177M |
| EBITDA | $215M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $995M |
| Cost of Revenue | $298M |
| GROSS PROFIT | $697M |
| R&D Expenses | $95M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $425M |
| Other Expenses | $33M |
| Operating Expenses | $553M |
| Cost & Expenses | $851M |
| OPERATING INCOME | $144M |
| Interest Income | $9M |
| Interest Expense | $0 |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $141M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $104M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $104M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $104M |
| D&A | $38M |
| EBIT | $177M |
| EBITDA | $215M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $104M |
| Depreciation & Amortization | $38M |
| Stock-Based Compensation | $39M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $88M |
| OPERATING CASH FLOW | $286M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | -$31M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$54M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$203M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$153.0K |
| NET CASH FROM FINANCING | -$203M |
| FREE CASH FLOW | $263M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $0 |
| Net Receivables | $1.0B |
| Inventory | $254M |
| Other Current Assets | $82M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $1.4B |
| Goodwill | $443M |
| Intangible Assets | $103M |
| Long-Term Investments | $0 |
| Tax Assets | $1.6B |
| Other Non-Current Assets | $234M |
| TOTAL NON-CURRENT ASSETS | $3.7B |
| TOTAL ASSETS | $6.2B |
| Account Payables | $109M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.3B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $236M |
| TOTAL NON-CURRENT LIABILITIES | $325M |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $2.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.9B |
| TOTAL LIABILITIES & EQUITY | $6.2B |
| Total Debt | $119M |
| Net Debt | -$925M |
