| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13.6B | $12.7B | $15.2B | 7.4% | -10.3% |
| Op. Income | $2.6B | $2.2B | $4.3B | 19.5% | -38.4% |
| Gross Margin | 64.4% | 65.1% | 64.1% | -0.8pp | 0.2pp |
| Net Margin | 15.8% | 14.8% | 26.0% | 1.0pp | -10.2pp |
| EPS (Diluted) | $0.54 | $0.46 | $0.97 | 17.4% | -44.3% |
| Free Cash Flow | $3.5B | $3.8B | $5.7B | -7.1% | -38.4% |
| Item | Amount |
|---|---|
| REVENUE | $13.6B |
| Cost of Revenue | $4.9B |
| GROSS PROFIT | $8.8B |
| R&D Expenses | $2.2B |
| Selling & Marketing | $2.8B |
| General & Administrative | $763M |
| SG&A Expenses | $3.6B |
| Other Expenses | $380M |
| Operating Expenses | $6.2B |
| Cost & Expenses | $11.0B |
| OPERATING INCOME | $2.6B |
| Interest Income | $270M |
| Interest Expense | $418M |
| Other Income/Expenses | -$222M |
| INCOME BEFORE TAX | $2.4B |
| Income Tax Expense | $234M |
| Net Income from Continuing Ops | $2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.2B |
| D&A | $823M |
| EBIT | $2.8B |
| EBITDA | $3.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $13.6B |
| Cost of Revenue | $4.9B |
| GROSS PROFIT | $8.8B |
| R&D Expenses | $2.2B |
| Selling & Marketing | $2.8B |
| General & Administrative | $763M |
| SG&A Expenses | $3.6B |
| Other Expenses | $380M |
| Operating Expenses | $6.2B |
| Cost & Expenses | $11.0B |
| OPERATING INCOME | $2.6B |
| Interest Income | $270M |
| Interest Expense | $418M |
| Other Income/Expenses | -$222M |
| INCOME BEFORE TAX | $2.4B |
| Income Tax Expense | $234M |
| Net Income from Continuing Ops | $2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.2B |
| D&A | $823M |
| EBIT | $2.8B |
| EBITDA | $3.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.2B |
| Depreciation & Amortization | $823M |
| Stock-Based Compensation | $800M |
| Deferred Income Tax | -$727M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $666M |
| OPERATING CASH FLOW | $3.7B |
| Capital Expenditure | -$198M |
| Acquisitions (Net) | -$120M |
| Purchases of Investments | -$1.4B |
| Sales/Maturities of Investments | $881M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$828M |
| Net Debt Issuance | -$1.0B |
| Common Stock Repurchased | -$2.2B |
| Common Dividends Paid | -$1.6B |
| Other Financing Activities | $15M |
| NET CASH FROM FINANCING | -$4.5B |
| FREE CASH FLOW | $3.5B |
| Net Change in Cash | -$1.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.5B |
| Short-Term Investments | $10.3B |
| Net Receivables | $10.0B |
| Inventory | $3.4B |
| Other Current Assets | $5.6B |
| TOTAL CURRENT ASSETS | $36.9B |
| PP&E (Net) | $2.1B |
| Goodwill | $58.7B |
| Intangible Assets | $11.2B |
| Long-Term Investments | $0 |
| Tax Assets | $6.3B |
| Other Non-Current Assets | $9.3B |
| TOTAL NON-CURRENT ASSETS | $87.6B |
| TOTAL ASSETS | $124.4B |
| Account Payables | $2.3B |
| Short-Term Debt | $11.3B |
| Deferred Revenue | $16.2B |
| Other Current Liabilities | $9.3B |
| TOTAL CURRENT LIABILITIES | $40.6B |
| Long-Term Debt | $19.6B |
| Deferred Revenue NC | $12.2B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6.5B |
| TOTAL NON-CURRENT LIABILITIES | $38.4B |
| TOTAL LIABILITIES | $79.0B |
| Common Stock | $45.8B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $45.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $45.5B |
| TOTAL LIABILITIES & EQUITY | $124.4B |
| Total Debt | $31.0B |
| Net Debt | $23.5B |
