| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.1B | $8.5B | $8.2B | 6.9% | 10.9% |
| Op. Income | $2.3B | $2.0B | $1.3B | 12.9% | 81.8% |
| Gross Margin | 65.7% | 61.1% | 62.0% | 4.7pp | 3.7pp |
| Net Margin | 6.9% | 33.3% | 9.4% | -26.4pp | -2.5pp |
| EPS (Diluted) | $1.16 | $5.22 | $1.42 | -77.8% | -18.3% |
| Free Cash Flow | $4.4B | $3.3B | $289M | 32.8% | 1422.5% |
| Item | Amount |
|---|---|
| REVENUE | $9.1B |
| Cost of Revenue | $3.1B |
| GROSS PROFIT | $6.0B |
| R&D Expenses | $1.7B |
| Selling & Marketing | $987M |
| General & Administrative | $891M |
| SG&A Expenses | $1.9B |
| Other Expenses | $61M |
| Operating Expenses | $3.7B |
| Cost & Expenses | $6.8B |
| OPERATING INCOME | $2.3B |
| Interest Income | $0 |
| Interest Expense | $747M |
| Other Income/Expenses | -$1.5B |
| INCOME BEFORE TAX | $782M |
| Income Tax Expense | $155M |
| Net Income from Continuing Ops | $627M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $627M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $627M |
| D&A | $1.4B |
| EBIT | $1.5B |
| EBITDA | $2.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $9.1B |
| Cost of Revenue | $3.1B |
| GROSS PROFIT | $6.0B |
| R&D Expenses | $1.7B |
| Selling & Marketing | $987M |
| General & Administrative | $891M |
| SG&A Expenses | $1.9B |
| Other Expenses | $61M |
| Operating Expenses | $3.7B |
| Cost & Expenses | $6.8B |
| OPERATING INCOME | $2.3B |
| Interest Income | $0 |
| Interest Expense | $747M |
| Other Income/Expenses | -$1.5B |
| INCOME BEFORE TAX | $782M |
| Income Tax Expense | $155M |
| Net Income from Continuing Ops | $627M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $627M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $627M |
| D&A | $1.4B |
| EBIT | $1.5B |
| EBITDA | $2.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $627M |
| Depreciation & Amortization | $1.4B |
| Stock-Based Compensation | $134M |
| Deferred Income Tax | -$334M |
| Other Non-Cash Items | $868M |
| Change in Working Capital | $2.1B |
| OPERATING CASH FLOW | $4.8B |
| Capital Expenditure | -$371M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$31M |
| NET CASH FROM INVESTING | -$402M |
| Net Debt Issuance | $4.0B |
| Common Stock Repurchased | -$200M |
| Common Dividends Paid | -$1.2B |
| Other Financing Activities | -$4.0B |
| NET CASH FROM FINANCING | -$1.4B |
| FREE CASH FLOW | $4.4B |
| Net Change in Cash | $3.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12.0B |
| Short-Term Investments | $0 |
| Net Receivables | $7.5B |
| Inventory | $7.0B |
| Other Current Assets | $419M |
| TOTAL CURRENT ASSETS | $29.0B |
| PP&E (Net) | $6.5B |
| Goodwill | $18.6B |
| Intangible Assets | $27.7B |
| Long-Term Investments | $5.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.6B |
| TOTAL NON-CURRENT ASSETS | $62.8B |
| TOTAL ASSETS | $91.8B |
| Account Payables | $1.9B |
| Short-Term Debt | $3.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.3B |
| TOTAL CURRENT LIABILITIES | $23.1B |
| Long-Term Debt | $56.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.6B |
| Other Non-Current Liabilities | $4.7B |
| TOTAL NON-CURRENT LIABILITIES | $62.9B |
| TOTAL LIABILITIES | $86.0B |
| Common Stock | $33.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$27.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$66M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.9B |
| TOTAL LIABILITIES & EQUITY | $91.8B |
| Total Debt | $60.1B |
| Net Debt | $48.1B |
