| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.6B | — | $3.7B | — | 22.4% |
| Op. Income | $589M | — | $558M | — | 5.6% |
| Gross Margin | 58.6% | — | 62.1% | — | -3.5pp |
| Net Margin | 12.4% | — | 13.5% | — | -1.1pp |
| EPS (Diluted) | $0.38 | — | $0.34 | — | 11.3% |
| Free Cash Flow | $1.2B | — | $690M | — | 68.6% |
| Item | Amount |
|---|---|
| REVENUE | $4.6B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $2.7B |
| R&D Expenses | $460M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.6B |
| Other Expenses | $10M |
| Operating Expenses | $2.1B |
| Cost & Expenses | $4.0B |
| OPERATING INCOME | $589M |
| Interest Income | $22M |
| Interest Expense | $139M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $585M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $562M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $566M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $566M |
| D&A | $348M |
| EBIT | $723M |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.6B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $2.7B |
| R&D Expenses | $460M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.6B |
| Other Expenses | $10M |
| Operating Expenses | $2.1B |
| Cost & Expenses | $4.0B |
| OPERATING INCOME | $589M |
| Interest Income | $22M |
| Interest Expense | $139M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $585M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $562M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $566M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $566M |
| D&A | $348M |
| EBIT | $723M |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $562M |
| Depreciation & Amortization | $348M |
| Stock-Based Compensation | $69M |
| Deferred Income Tax | -$80M |
| Other Non-Cash Items | $233M |
| Change in Working Capital | $324M |
| OPERATING CASH FLOW | $1.5B |
| Capital Expenditure | -$293M |
| Acquisitions (Net) | -$3.4B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$3.7B |
| Net Debt Issuance | $189M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $214M |
| FREE CASH FLOW | $1.2B |
| Net Change in Cash | -$2.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $414M |
| Short-Term Investments | $0 |
| Net Receivables | $2.6B |
| Inventory | $2.8B |
| Other Current Assets | $831M |
| TOTAL CURRENT ASSETS | $6.9B |
| PP&E (Net) | $3.7B |
| Goodwill | $17.1B |
| Intangible Assets | $6.7B |
| Long-Term Investments | $555M |
| Tax Assets | $3.7B |
| Other Non-Current Assets | $749M |
| TOTAL NON-CURRENT ASSETS | $32.5B |
| TOTAL ASSETS | $39.4B |
| Account Payables | $960M |
| Short-Term Debt | $1.8B |
| Deferred Revenue | $306M |
| Other Current Liabilities | $491M |
| TOTAL CURRENT LIABILITIES | $6.4B |
| Long-Term Debt | $8.8B |
| Deferred Revenue NC | $329M |
| Deferred Tax Liabilities | $155M |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $11.0B |
| TOTAL LIABILITIES | $17.4B |
| Common Stock | $17M |
| Additional Paid-In Capital | $21.1B |
| Retained Earnings | $2.7B |
| Treasury Stock | -$2.3B |
| Accum. Other Comp. Income | $275M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $21.8B |
| Minority Interest | $233M |
| TOTAL EQUITY | $22.0B |
| TOTAL LIABILITIES & EQUITY | $39.4B |
| Total Debt | $11.1B |
| Net Debt | $10.7B |
