| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11.8B | $12.1B | — | -1.8% | — |
| Op. Income | $1.8B | $1.8B | — | -1.3% | — |
| Gross Margin | 38.2% | 37.0% | — | 1.2pp | — |
| Net Margin | 11.6% | 10.8% | — | 0.7pp | — |
| EPS (Diluted) | $1.40 | $1.33 | — | 4.9% | — |
| Free Cash Flow | -$903M | $8.8B | — | -110.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $11.8B |
| Cost of Revenue | $7.3B |
| GROSS PROFIT | $4.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $75M |
| General & Administrative | $1.6B |
| SG&A Expenses | $1.7B |
| Other Expenses | $1.1B |
| Operating Expenses | $2.8B |
| Cost & Expenses | $10.1B |
| OPERATING INCOME | $1.8B |
| Interest Income | $9.7B |
| Interest Expense | $7.0B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.8B |
| Income Tax Expense | $384M |
| Net Income from Continuing Ops | $1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.3B |
| D&A | $211M |
| EBIT | $1.8B |
| EBITDA | $2.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $11.8B |
| Cost of Revenue | $7.3B |
| GROSS PROFIT | $4.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $75M |
| General & Administrative | $1.6B |
| SG&A Expenses | $1.7B |
| Other Expenses | $1.1B |
| Operating Expenses | $2.8B |
| Cost & Expenses | $10.1B |
| OPERATING INCOME | $1.8B |
| Interest Income | $9.7B |
| Interest Expense | $7.0B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.8B |
| Income Tax Expense | $384M |
| Net Income from Continuing Ops | $1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.3B |
| D&A | $211M |
| EBIT | $1.8B |
| EBITDA | $2.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.4B |
| Depreciation & Amortization | $211M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$148M |
| Other Non-Cash Items | $121M |
| Change in Working Capital | -$2.2B |
| OPERATING CASH FLOW | -$616M |
| Capital Expenditure | -$287M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$11.9B |
| Sales/Maturities of Investments | $11.4B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$777M |
| Net Debt Issuance | -$58M |
| Common Stock Repurchased | -$308M |
| Common Dividends Paid | -$640M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$911M |
| FREE CASH FLOW | -$903M |
| Net Change in Cash | -$2.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $40.9B |
| Short-Term Investments | $27.2B |
| Net Receivables | $11.1B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $79.6B |
| PP&E (Net) | $2.5B |
| Goodwill | $4.0B |
| Intangible Assets | $2.1B |
| Long-Term Investments | $596.7B |
| Tax Assets | $600M |
| Other Non-Current Assets | $78.9B |
| TOTAL NON-CURRENT ASSETS | $681.8B |
| TOTAL ASSETS | $761.5B |
| Account Payables | $10.3B |
| Short-Term Debt | $141.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $427.9B |
| TOTAL CURRENT LIABILITIES | $582.5B |
| Long-Term Debt | $91.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $36M |
| Other Non-Current Liabilities | $41.2B |
| TOTAL NON-CURRENT LIABILITIES | $132.6B |
| TOTAL LIABILITIES | $718.3B |
| Common Stock | $12.4B |
| Additional Paid-In Capital | $116M |
| Retained Earnings | $24.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $42.9B |
| Minority Interest | $199M |
| TOTAL EQUITY | $43.1B |
| TOTAL LIABILITIES & EQUITY | $761.5B |
| Total Debt | $232.9B |
| Net Debt | $191.9B |
