| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.0B | — | $5.1B | — | -2.4% |
| Op. Income | $572M | — | $788M | — | -27.4% |
| Gross Margin | 47.2% | — | 50.2% | — | -3.0pp |
| Net Margin | 15.2% | — | 7.4% | — | 7.8pp |
| EPS (Diluted) | $1.93 | — | $0.76 | — | 153.8% |
| Free Cash Flow | $3M | — | $1.0B | — | -99.7% |
| Item | Amount |
|---|---|
| REVENUE | $5.0B |
| Cost of Revenue | $2.6B |
| GROSS PROFIT | $2.4B |
| R&D Expenses | $806M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $976M |
| Other Expenses | $0 |
| Operating Expenses | $1.8B |
| Cost & Expenses | $4.4B |
| OPERATING INCOME | $572M |
| Interest Income | $292M |
| Interest Expense | $94M |
| Other Income/Expenses | $389M |
| INCOME BEFORE TAX | $961M |
| Income Tax Expense | $237M |
| Net Income from Continuing Ops | $724M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $759M |
| Net Income Deductions | $101M |
| BOTTOM LINE NET INCOME | $657M |
| D&A | $285M |
| EBIT | $1.1B |
| EBITDA | $1.3B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $5.0B |
| Cost of Revenue | $2.6B |
| GROSS PROFIT | $2.4B |
| R&D Expenses | $806M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $976M |
| Other Expenses | $0 |
| Operating Expenses | $1.8B |
| Cost & Expenses | $4.4B |
| OPERATING INCOME | $572M |
| Interest Income | $292M |
| Interest Expense | $94M |
| Other Income/Expenses | $389M |
| INCOME BEFORE TAX | $961M |
| Income Tax Expense | $237M |
| Net Income from Continuing Ops | $724M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $759M |
| Net Income Deductions | $101M |
| BOTTOM LINE NET INCOME | $657M |
| D&A | $285M |
| EBIT | $1.1B |
| EBITDA | $1.3B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $759M |
| Depreciation & Amortization | $3.0B |
| Stock-Based Compensation | $159M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $873M |
| Change in Working Capital | -$4.4B |
| OPERATING CASH FLOW | $344M |
| Capital Expenditure | -$341M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$483M |
| NET CASH FROM INVESTING | -$824M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$924M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $680M |
| NET CASH FROM FINANCING | -$244M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | -$629M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.6B |
| Short-Term Investments | $15.0B |
| Net Receivables | $2.1B |
| Inventory | $875M |
| Other Current Assets | $2.2B |
| TOTAL CURRENT ASSETS | $24.7B |
| PP&E (Net) | $6.0B |
| Goodwill | $3.3B |
| Intangible Assets | $3.3B |
| Long-Term Investments | $20.5B |
| Tax Assets | $320M |
| Other Non-Current Assets | $4.5B |
| TOTAL NON-CURRENT ASSETS | $37.8B |
| TOTAL ASSETS | $62.5B |
| Account Payables | $0 |
| Short-Term Debt | $2.8B |
| Deferred Revenue | $2.4B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $11.8B |
| Long-Term Debt | $7.6B |
| Deferred Revenue NC | $119M |
| Deferred Tax Liabilities | $565M |
| Other Non-Current Liabilities | $236M |
| TOTAL NON-CURRENT LIABILITIES | $9.2B |
| TOTAL LIABILITIES | $21.1B |
| Common Stock | $0 |
| Additional Paid-In Capital | $13.4B |
| Retained Earnings | $26.3B |
| Treasury Stock | -$911M |
| Accum. Other Comp. Income | -$263M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $38.5B |
| Minority Interest | $2.9B |
| TOTAL EQUITY | $41.4B |
| TOTAL LIABILITIES & EQUITY | $62.5B |
| Total Debt | $11.6B |
| Net Debt | $8.0B |
