| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.5B | $1.4B | 4.3% | 12.0% |
| Op. Income | $267M | $227M | -$186M | 17.6% | 243.8% |
| Gross Margin | 30.1% | 27.2% | 0.6% | 2.9pp | 29.4pp |
| Net Margin | 18.5% | 11.9% | -10.1% | 6.6pp | 28.6pp |
| EPS (Diluted) | $3.38 | $2.04 | $-1.76 | 65.7% | 292.0% |
| Free Cash Flow | $356M | $587M | $291M | -39.4% | 22.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $477M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $189M |
| SG&A Expenses | $189M |
| Other Expenses | $20M |
| Operating Expenses | $210M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $267M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $274M |
| Income Tax Expense | -$19M |
| Net Income from Continuing Ops | $294M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $294M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $286M |
| D&A | $13M |
| EBIT | $284M |
| EBITDA | $297M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $477M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $189M |
| SG&A Expenses | $189M |
| Other Expenses | $20M |
| Operating Expenses | $210M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $267M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $274M |
| Income Tax Expense | -$19M |
| Net Income from Continuing Ops | $294M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $294M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $286M |
| D&A | $13M |
| EBIT | $284M |
| EBITDA | $297M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $294M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $86M |
| Change in Working Capital | -$47M |
| OPERATING CASH FLOW | $356M |
| Capital Expenditure | $297.0K |
| Acquisitions (Net) | $19M |
| Purchases of Investments | -$3.4B |
| Sales/Maturities of Investments | $4.6B |
| Other Investing Activities | $216M |
| NET CASH FROM INVESTING | $1.4B |
| Net Debt Issuance | -$18M |
| Common Stock Repurchased | -$60M |
| Common Dividends Paid | -$37M |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | -$115M |
| FREE CASH FLOW | $356M |
| Net Change in Cash | $1.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.1B |
| Short-Term Investments | $4.8B |
| Net Receivables | $10.7B |
| Inventory | $0 |
| Other Current Assets | -$19.5B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $93M |
| Goodwill | $66M |
| Intangible Assets | $176M |
| Long-Term Investments | $13.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$13.9B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $32.5B |
| Account Payables | $1.7B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$2.0B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$1.5B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $26.4B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $7.3B |
| Treasury Stock | -$3.9B |
| Accum. Other Comp. Income | -$268M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.1B |
| TOTAL LIABILITIES & EQUITY | $32.5B |
| Total Debt | $1.5B |
| Net Debt | -$655M |
