| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15.2B | $17.8B | — | -14.6% | — |
| Op. Income | -$3.8B | -$5.7B | — | 33.5% | — |
| Gross Margin | -10.4% | -19.7% | — | 9.3pp | — |
| Net Margin | -25.4% | -34.6% | — | 9.2pp | — |
| EPS (Diluted) | $-5.45 | $-9.97 | — | 45.3% | — |
| Free Cash Flow | -$4.1B | -$2.0B | — | -109.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $15.2B |
| Cost of Revenue | $16.8B |
| GROSS PROFIT | -$1.6B |
| R&D Expenses | $836M |
| Selling & Marketing | $0 |
| General & Administrative | $1.4B |
| SG&A Expenses | $1.4B |
| Other Expenses | $0 |
| Operating Expenses | $2.2B |
| Cost & Expenses | $19.1B |
| OPERATING INCOME | -$3.8B |
| Interest Income | $0 |
| Interest Expense | $755M |
| Other Income/Expenses | -$272M |
| INCOME BEFORE TAX | -$4.1B |
| Income Tax Expense | -$232M |
| Net Income from Continuing Ops | -$3.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3.9B |
| D&A | $509M |
| EBIT | -$3.3B |
| EBITDA | -$2.8B |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$3.9B |
| Depreciation & Amortization | $509M |
| Stock-Based Compensation | $97M |
| Deferred Income Tax | -$150.0K |
| Other Non-Cash Items | $1.7B |
| Change in Working Capital | -$1.8B |
| OPERATING CASH FLOW | -$3.5B |
| Capital Expenditure | -$648M |
| Acquisitions (Net) | $124M |
| Purchases of Investments | -$12.1B |
| Sales/Maturities of Investments | $197M |
| Other Investing Activities | -$194M |
| NET CASH FROM INVESTING | -$12.6B |
| Net Debt Issuance | -$3.8B |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$78M |
| NET CASH FROM FINANCING | $20.0B |
| FREE CASH FLOW | -$4.1B |
| Net Change in Cash | $3.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13.8B |
| Short-Term Investments | $12.5B |
| Net Receivables | $11.2B |
| Inventory | $87.5B |
| Other Current Assets | $3.0B |
| TOTAL CURRENT ASSETS | $128.0B |
| PP&E (Net) | $11.7B |
| Goodwill | $8.1B |
| Intangible Assets | $2.0B |
| Long-Term Investments | $999M |
| Tax Assets | $185M |
| Other Non-Current Assets | $5.4B |
| TOTAL NON-CURRENT ASSETS | $28.4B |
| TOTAL ASSETS | $156.4B |
| Account Payables | $11.4B |
| Short-Term Debt | $1.2B |
| Deferred Revenue | $60.3B |
| Other Current Liabilities | $16.3B |
| TOTAL CURRENT LIABILITIES | $97.1B |
| Long-Term Debt | $52.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $122M |
| Other Non-Current Liabilities | $10.5B |
| TOTAL NON-CURRENT LIABILITIES | $63.2B |
| TOTAL LIABILITIES | $160.3B |
| Common Stock | $5.1B |
| Additional Paid-In Capital | $19.0B |
| Retained Earnings | $15.4B |
| Treasury Stock | -$32.4B |
| Accum. Other Comp. Income | -$10.9B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$3.9B |
| Minority Interest | -$6M |
| TOTAL EQUITY | -$3.9B |
| TOTAL LIABILITIES & EQUITY | $156.4B |
| Total Debt | $54.2B |
| Net Debt | $40.4B |
