| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $724M | $722M | $693M | 0.2% | 4.4% |
| Op. Income | $184M | $175M | $121M | 5.0% | 52.5% |
| Gross Margin | 71.9% | 69.1% | 70.1% | 2.8pp | 1.8pp |
| Net Margin | 21.4% | 20.3% | 14.8% | 1.1pp | 6.6pp |
| EPS (Diluted) | $2.36 | $2.24 | $1.55 | 5.4% | 52.3% |
| Free Cash Flow | $27M | $282M | -$124M | -90.5% | 121.6% |
| Item | Amount |
|---|---|
| REVENUE | $724M |
| Cost of Revenue | $203M |
| GROSS PROFIT | $520M |
| R&D Expenses | $0 |
| Selling & Marketing | $51M |
| General & Administrative | $201M |
| SG&A Expenses | $252M |
| Other Expenses | $84M |
| Operating Expenses | $336M |
| Cost & Expenses | $540M |
| OPERATING INCOME | $184M |
| Interest Income | $601M |
| Interest Expense | $187M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $184M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $155M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $155M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $152M |
| D&A | $21M |
| EBIT | $184M |
| EBITDA | $205M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $724M |
| Cost of Revenue | $203M |
| GROSS PROFIT | $520M |
| R&D Expenses | $0 |
| Selling & Marketing | $51M |
| General & Administrative | $201M |
| SG&A Expenses | $252M |
| Other Expenses | $84M |
| Operating Expenses | $336M |
| Cost & Expenses | $540M |
| OPERATING INCOME | $184M |
| Interest Income | $601M |
| Interest Expense | $187M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $184M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $155M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $155M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $152M |
| D&A | $21M |
| EBIT | $184M |
| EBITDA | $205M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $155M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$435.0K |
| Other Non-Cash Items | $20M |
| Change in Working Capital | -$141M |
| OPERATING CASH FLOW | $64M |
| Capital Expenditure | -$38M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$10.5B |
| Sales/Maturities of Investments | $10.9B |
| Other Investing Activities | -$718M |
| NET CASH FROM INVESTING | -$294M |
| Net Debt Issuance | $329M |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | -$62M |
| Other Financing Activities | $1.0B |
| NET CASH FROM FINANCING | $1.3B |
| FREE CASH FLOW | $27M |
| Net Change in Cash | $1.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.2B |
| Short-Term Investments | $15.0B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $25.3B |
| PP&E (Net) | $1.2B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $24.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.0B |
| TOTAL NON-CURRENT ASSETS | $27.3B |
| TOTAL ASSETS | $52.5B |
| Account Payables | $0 |
| Short-Term Debt | $4.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $42.7B |
| TOTAL CURRENT LIABILITIES | $47.1B |
| Long-Term Debt | $223M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $48.6B |
| Common Stock | $644.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $4.0B |
| Treasury Stock | -$23M |
| Accum. Other Comp. Income | -$1.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.9B |
| TOTAL LIABILITIES & EQUITY | $52.5B |
| Total Debt | $4.6B |
| Net Debt | -$5.6B |
