| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $835M | $953M | 64.4% | 44.0% |
| Op. Income | $608M | $534M | $270M | 13.8% | 125.6% |
| Gross Margin | 76.7% | 85.5% | 71.3% | -8.9pp | 5.4pp |
| Net Margin | 43.6% | 52.0% | 18.1% | -8.4pp | 25.6pp |
| EPS (Diluted) | $1.73 | $1.25 | $0.49 | 38.4% | 253.1% |
| Free Cash Flow | $696M | $548M | $350M | 27.2% | 98.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $320M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $169M |
| Selling & Marketing | $215M |
| General & Administrative | $60M |
| SG&A Expenses | $275M |
| Other Expenses | $0 |
| Operating Expenses | $444M |
| Cost & Expenses | $765M |
| OPERATING INCOME | $608M |
| Interest Income | -$8M |
| Interest Expense | $94M |
| Other Income/Expenses | -$93M |
| INCOME BEFORE TAX | $515M |
| Income Tax Expense | -$84M |
| Net Income from Continuing Ops | $599M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $599M |
| Net Income Deductions | -$10.0K |
| BOTTOM LINE NET INCOME | $599M |
| D&A | $128M |
| EBIT | $609M |
| EBITDA | $737M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $320M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $169M |
| Selling & Marketing | $215M |
| General & Administrative | $60M |
| SG&A Expenses | $275M |
| Other Expenses | $0 |
| Operating Expenses | $444M |
| Cost & Expenses | $765M |
| OPERATING INCOME | $608M |
| Interest Income | -$8M |
| Interest Expense | $94M |
| Other Income/Expenses | -$93M |
| INCOME BEFORE TAX | $515M |
| Income Tax Expense | -$84M |
| Net Income from Continuing Ops | $599M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $599M |
| Net Income Deductions | -$10.0K |
| BOTTOM LINE NET INCOME | $599M |
| D&A | $128M |
| EBIT | $609M |
| EBITDA | $737M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $599M |
| Depreciation & Amortization | $128M |
| Stock-Based Compensation | $94M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $33M |
| Change in Working Capital | -$153M |
| OPERATING CASH FLOW | $701M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$367.0K |
| NET CASH FROM INVESTING | -$367.0K |
| Net Debt Issuance | -$17M |
| Common Stock Repurchased | -$625.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$506M |
| NET CASH FROM FINANCING | -$523M |
| FREE CASH FLOW | $696M |
| Net Change in Cash | $174M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $741M |
| Short-Term Investments | $0 |
| Net Receivables | $1.4B |
| Inventory | $0 |
| Other Current Assets | $157M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $199M |
| Goodwill | $1.8B |
| Intangible Assets | $897M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $658M |
| TOTAL NON-CURRENT ASSETS | $3.6B |
| TOTAL ASSETS | $5.9B |
| Account Payables | $563M |
| Short-Term Debt | $0 |
| Deferred Revenue | $70M |
| Other Current Liabilities | $65M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $3.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $180M |
| TOTAL NON-CURRENT LIABILITIES | $3.7B |
| TOTAL LIABILITIES | $4.8B |
| Common Stock | $11.0K |
| Additional Paid-In Capital | $594M |
| Retained Earnings | $599M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$103M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $5.9B |
| Total Debt | $3.6B |
| Net Debt | $2.8B |
