| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $1.7B | $1.8B | 12.6% | 5.7% |
| Op. Income | $441M | $303M | $454M | 45.7% | -2.8% |
| Gross Margin | 35.6% | 31.2% | 37.0% | 4.3pp | -1.4pp |
| Net Margin | 16.6% | 12.4% | 17.6% | 4.2pp | -1.0pp |
| EPS (Diluted) | $2.72 | $1.79 | $2.72 | 52.0% | 0.0% |
| Free Cash Flow | $685M | $167M | $701M | 309.4% | -2.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $691M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $250M |
| Other Expenses | $0 |
| Operating Expenses | $250M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $441M |
| Interest Income | $3M |
| Interest Expense | $36M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $410M |
| Income Tax Expense | $87M |
| Net Income from Continuing Ops | $323M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $323M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $323M |
| D&A | $120M |
| EBIT | $446M |
| EBITDA | $566M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $691M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $250M |
| Other Expenses | $0 |
| Operating Expenses | $250M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $441M |
| Interest Income | $3M |
| Interest Expense | $36M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $410M |
| Income Tax Expense | $87M |
| Net Income from Continuing Ops | $323M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $323M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $323M |
| D&A | $120M |
| EBIT | $446M |
| EBITDA | $566M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $323M |
| Depreciation & Amortization | $120M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | -$57M |
| Other Non-Cash Items | -$25M |
| Change in Working Capital | $346M |
| OPERATING CASH FLOW | $721M |
| Capital Expenditure | -$36M |
| Acquisitions (Net) | -$34M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$700.0K |
| NET CASH FROM INVESTING | -$71M |
| Net Debt Issuance | -$160M |
| Common Stock Repurchased | -$324M |
| Common Dividends Paid | -$94M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$580M |
| FREE CASH FLOW | $685M |
| Net Change in Cash | $69M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $304M |
| Short-Term Investments | $800.0K |
| Net Receivables | $1.1B |
| Inventory | $31M |
| Other Current Assets | $140M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $348M |
| Goodwill | $3.5B |
| Intangible Assets | $1.3B |
| Long-Term Investments | $456M |
| Tax Assets | $24M |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $6.7B |
| TOTAL ASSETS | $8.2B |
| Account Payables | $314M |
| Short-Term Debt | $0 |
| Deferred Revenue | $280M |
| Other Current Liabilities | $176M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $3.4B |
| Deferred Revenue NC | $469M |
| Deferred Tax Liabilities | $277M |
| Other Non-Current Liabilities | $367M |
| TOTAL NON-CURRENT LIABILITIES | $4.7B |
| TOTAL LIABILITIES | $6.1B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $3.4B |
| Treasury Stock | -$2.5B |
| Accum. Other Comp. Income | -$332M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $8.2B |
| Total Debt | $3.6B |
| Net Debt | $3.3B |
