| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $759M | $879M | $795M | -13.7% | -4.5% |
| Op. Income | $175M | $173M | $111M | 1.2% | 57.4% |
| Gross Margin | 57.0% | 57.5% | 56.3% | -0.4pp | 0.8pp |
| Net Margin | 17.9% | 15.9% | 10.4% | 2.0pp | 7.6pp |
| EPS (Diluted) | $2.12 | $2.18 | $1.26 | -2.8% | 68.3% |
| Free Cash Flow | $494M | $210M | -$499M | 135.7% | 199.0% |
| Item | Amount |
|---|---|
| REVENUE | $759M |
| Cost of Revenue | $326M |
| GROSS PROFIT | $433M |
| R&D Expenses | $0 |
| Selling & Marketing | $9M |
| General & Administrative | $217M |
| SG&A Expenses | $226M |
| Other Expenses | $31M |
| Operating Expenses | $257M |
| Cost & Expenses | $583M |
| OPERATING INCOME | $175M |
| Interest Income | $639M |
| Interest Expense | $326M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $175M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $136M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $136M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $135M |
| D&A | $27M |
| EBIT | $175M |
| EBITDA | $202M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $759M |
| Cost of Revenue | $326M |
| GROSS PROFIT | $433M |
| R&D Expenses | $0 |
| Selling & Marketing | $9M |
| General & Administrative | $217M |
| SG&A Expenses | $226M |
| Other Expenses | $31M |
| Operating Expenses | $257M |
| Cost & Expenses | $583M |
| OPERATING INCOME | $175M |
| Interest Income | $639M |
| Interest Expense | $326M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $175M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $136M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $136M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $135M |
| D&A | $27M |
| EBIT | $175M |
| EBITDA | $202M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $136M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$65M |
| Change in Working Capital | $438M |
| OPERATING CASH FLOW | $541M |
| Capital Expenditure | -$47M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$646M |
| Sales/Maturities of Investments | $671M |
| Other Investing Activities | -$164M |
| NET CASH FROM INVESTING | -$139M |
| Net Debt Issuance | -$1.2B |
| Common Stock Repurchased | -$141.0K |
| Common Dividends Paid | -$37M |
| Other Financing Activities | $757M |
| NET CASH FROM FINANCING | -$444M |
| FREE CASH FLOW | $494M |
| Net Change in Cash | -$41M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $12.9B |
| Net Receivables | $286M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $14.6B |
| PP&E (Net) | $634M |
| Goodwill | $1.0B |
| Intangible Assets | $385M |
| Long-Term Investments | $26.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $6.9B |
| TOTAL NON-CURRENT ASSETS | $35.1B |
| TOTAL ASSETS | $49.7B |
| Account Payables | $352M |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $38.2B |
| TOTAL CURRENT LIABILITIES | $39.9B |
| Long-Term Debt | $3.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $4.3B |
| TOTAL LIABILITIES | $44.1B |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $5.6B |
| Treasury Stock | -$970M |
| Accum. Other Comp. Income | -$503M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.5B |
| Minority Interest | $3M |
| TOTAL EQUITY | $5.6B |
| TOTAL LIABILITIES & EQUITY | $49.7B |
| Total Debt | $4.5B |
| Net Debt | $3.0B |
