| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $2.0B | $1.9B | -3.9% | 2.3% |
| Op. Income | $508M | $612M | $373M | -16.9% | 36.4% |
| Gross Margin | 61.9% | 66.9% | 55.6% | -5.0pp | 6.3pp |
| Net Margin | 17.1% | 22.2% | 13.0% | -5.1pp | 4.0pp |
| EPS (Diluted) | $4.09 | $5.55 | $3.06 | -26.2% | 33.6% |
| Free Cash Flow | -$1.3B | $0 | $564M | — | -333.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $729M |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $70M |
| General & Administrative | $605M |
| SG&A Expenses | $675M |
| Other Expenses | $1M |
| Operating Expenses | $676M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $508M |
| Interest Income | $1.4B |
| Interest Expense | $400M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $508M |
| Income Tax Expense | $173M |
| NET INCOME | $326M |
| D&A | $54M |
| EBIT | $508M |
| EBITDA | $562M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $729M |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $70M |
| General & Administrative | $605M |
| SG&A Expenses | $675M |
| Other Expenses | $1M |
| Operating Expenses | $676M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $508M |
| Interest Income | $1.4B |
| Interest Expense | $400M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $508M |
| Income Tax Expense | $173M |
| NET INCOME | $326M |
| D&A | $54M |
| EBIT | $508M |
| EBITDA | $562M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $326M |
| Depreciation & Amortization | $57M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$514M |
| Change in Working Capital | -$1.2B |
| OPERATING CASH FLOW | -$1.3B |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $578M |
| NET CASH FROM INVESTING | $555M |
| Net Debt Issuance | $44M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$254M |
| Other Financing Activities | $1.8B |
| NET CASH FROM FINANCING | $1.6B |
| FREE CASH FLOW | -$1.3B |
| Net Change in Cash | $13.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13.8B |
| Short-Term Investments | $9.9B |
| Net Receivables | $3.6B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $27.3B |
| PP&E (Net) | $576M |
| Goodwill | $209M |
| Intangible Assets | $743M |
| Long-Term Investments | $43.8B |
| Tax Assets | $339M |
| Other Non-Current Assets | $1.0B |
| TOTAL NON-CURRENT ASSETS | $46.7B |
| TOTAL ASSETS | $74.2B |
| Account Payables | $1.1B |
| Short-Term Debt | $3.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $46.5B |
| TOTAL CURRENT LIABILITIES | $51.0B |
| Long-Term Debt | $7.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $17M |
| Other Non-Current Liabilities | $5.2B |
| TOTAL NON-CURRENT LIABILITIES | $13.0B |
| TOTAL LIABILITIES | $64.0B |
| Common Stock | $382M |
| Additional Paid-In Capital | $51M |
| Retained Earnings | $1.6B |
| Treasury Stock | -$60M |
| Accum. Other Comp. Income | $7.9B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.9B |
| Minority Interest | $183M |
| TOTAL EQUITY | $10.1B |
| TOTAL LIABILITIES & EQUITY | $74.2B |
| Total Debt | $10.9B |
| Net Debt | -$2.9B |
