| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10.9B | $21.0B | — | -48.0% | — |
| Op. Income | $4.4B | $4.5B | — | -2.8% | — |
| Gross Margin | 84.3% | 92.0% | — | -7.7pp | — |
| Net Margin | 26.1% | 14.7% | — | 11.5pp | — |
| EPS (Diluted) | $0.47 | $0.51 | — | -9.1% | — |
| Free Cash Flow | -$8.2B | $17.9B | — | -146.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $10.9B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $9.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4.2B |
| SG&A Expenses | $4.2B |
| Other Expenses | $583M |
| Operating Expenses | $4.8B |
| Cost & Expenses | $6.5B |
| OPERATING INCOME | $4.4B |
| Interest Income | $7.5B |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4.4B |
| Income Tax Expense | $1.4B |
| Net Income from Continuing Ops | $3.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.8B |
| D&A | $477M |
| EBIT | $4.4B |
| EBITDA | $4.9B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $10.9B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $9.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $4.2B |
| SG&A Expenses | $4.2B |
| Other Expenses | $583M |
| Operating Expenses | $4.8B |
| Cost & Expenses | $6.5B |
| OPERATING INCOME | $4.4B |
| Interest Income | $7.5B |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4.4B |
| Income Tax Expense | $1.4B |
| Net Income from Continuing Ops | $3.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.8B |
| D&A | $477M |
| EBIT | $4.4B |
| EBITDA | $4.9B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2.8B |
| Depreciation & Amortization | $477M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $46.2B |
| Change in Working Capital | -$57.4B |
| OPERATING CASH FLOW | -$7.8B |
| Capital Expenditure | -$409M |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $115M |
| NET CASH FROM INVESTING | -$300M |
| Net Debt Issuance | $3.7B |
| Common Stock Repurchased | -$760M |
| Common Dividends Paid | -$2.0B |
| Other Financing Activities | -$2.4B |
| NET CASH FROM FINANCING | -$1.3B |
| FREE CASH FLOW | -$8.2B |
| Net Change in Cash | -$8.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $70.0B |
| Short-Term Investments | $109.5B |
| Net Receivables | $37.1B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $216.6B |
| PP&E (Net) | $11.1B |
| Goodwill | $818M |
| Intangible Assets | $2.1B |
| Long-Term Investments | $578.6B |
| Tax Assets | $16.8B |
| Other Non-Current Assets | $77.1B |
| TOTAL NON-CURRENT ASSETS | $686.5B |
| TOTAL ASSETS | $903.1B |
| Account Payables | $0 |
| Short-Term Debt | $80.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $567.2B |
| TOTAL CURRENT LIABILITIES | $670.7B |
| Long-Term Debt | $87.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.9B |
| Other Non-Current Liabilities | $70.7B |
| TOTAL NON-CURRENT LIABILITIES | $162.2B |
| TOTAL LIABILITIES | $832.9B |
| Common Stock | $3.3B |
| Additional Paid-In Capital | $22.4B |
| Retained Earnings | $59.3B |
| Treasury Stock | -$77M |
| Accum. Other Comp. Income | -$20.0B |
| Other Equity | $47M |
| TOTAL STOCKHOLDERS' EQUITY | $65.1B |
| Minority Interest | $5.1B |
| TOTAL EQUITY | $70.2B |
| TOTAL LIABILITIES & EQUITY | $903.1B |
| Total Debt | $168.9B |
| Net Debt | $98.8B |
