| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.6B | — | -3.7% | — |
| Op. Income | $947M | $1.0B | — | -7.5% | — |
| Gross Margin | 85.5% | 86.2% | — | -0.7pp | — |
| Net Margin | 57.3% | 57.6% | — | -0.3pp | — |
| EPS (Diluted) | $2.40 | $2.50 | — | -4.0% | — |
| Free Cash Flow | $992M | $973M | — | 1.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $221M |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $34M |
| SG&A Expenses | $34M |
| Other Expenses | $324M |
| Operating Expenses | $357M |
| Cost & Expenses | $578M |
| OPERATING INCOME | $947M |
| Interest Income | $0 |
| Interest Expense | $41M |
| Other Income/Expenses | $150M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $222M |
| Net Income from Continuing Ops | $875M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $875M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $864M |
| D&A | $83M |
| EBIT | $1.1B |
| EBITDA | $1.2B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $221M |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $34M |
| SG&A Expenses | $34M |
| Other Expenses | $324M |
| Operating Expenses | $357M |
| Cost & Expenses | $578M |
| OPERATING INCOME | $947M |
| Interest Income | $0 |
| Interest Expense | $41M |
| Other Income/Expenses | $150M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $222M |
| Net Income from Continuing Ops | $875M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $875M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $864M |
| D&A | $83M |
| EBIT | $1.1B |
| EBITDA | $1.2B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $875M |
| Depreciation & Amortization | $83M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | -$45M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | $67M |
| OPERATING CASH FLOW | $1.0B |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | $14M |
| Purchases of Investments | $3M |
| Sales/Maturities of Investments | -$12M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$419M |
| Other Financing Activities | -$562M |
| NET CASH FROM FINANCING | -$984M |
| FREE CASH FLOW | $992M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.9B |
| Short-Term Investments | $113M |
| Net Receivables | $573M |
| Inventory | $0 |
| Other Current Assets | $99.5B |
| TOTAL CURRENT ASSETS | $103.0B |
| PP&E (Net) | $386M |
| Goodwill | $10.5B |
| Intangible Assets | $20.0B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.5B |
| TOTAL NON-CURRENT ASSETS | $34.4B |
| TOTAL ASSETS | $137.4B |
| Account Payables | $80M |
| Short-Term Debt | $750M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $101.5B |
| TOTAL CURRENT LIABILITIES | $102.3B |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5.2B |
| Other Non-Current Liabilities | $721M |
| TOTAL NON-CURRENT LIABILITIES | $8.6B |
| TOTAL LIABILITIES | $111.0B |
| Common Stock | $4M |
| Additional Paid-In Capital | $22.4B |
| Retained Earnings | $4.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$106M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $26.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $26.5B |
| TOTAL LIABILITIES & EQUITY | $137.4B |
| Total Debt | $3.4B |
| Net Debt | $536M |
