Q4 2024 Earnings

Financial Services Financial - Data & Stock Exchanges

Income Statement

Revenue

$2.3B+138.2% YoY

Gross Profit

$1.7B75.6% margin

Operating Income

$1.0B45.5% margin

Net Income

$1.3B56.8% margin

EPS (Diluted)

$4.68

QoQ Revenue Growth

+88.5%

Cash Flow

Operating Cash Flow

$965M

Free Cash Flow

$965M

Stock-Based Comp.

$222M

Balance Sheet

Total Assets

$22.5B

Total Liabilities

$12.3B

Stockholders' Equity

$10.3B

Cash & Equivalents

$8.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.3B	$954M	+138.2%
Gross Profit	$1.7B	$678M	+153.0%
Operating Income	$1.0B	$116M	+794.4%
Net Income	$1.3B	$273M	+372.2%

Revenue Segments

Bank Servicing, Consumer, Net

$1.3B61%

Subscription and Circulation, Stablecoin

$226M10%

Subscription and Circulation, Blockchain Infrastructure Service

$215M10%

Bank Servicing, Institutional

$141M6%

Subscription and Circulation, Other

$91M4%

Other Revenue

$75M3%

Bank Servicing, Other

$68M3%

Subscription and Circulation, Custodial Fee

$43M2%

Geographic Segments

UNITED STATES

$1.8B81%

Rest of the World

$435M19%