| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $841M | — | $814M | — | 3.3% |
| Op. Income | $380M | — | $333M | — | 14.0% |
| Gross Margin | 85.2% | — | 82.9% | — | 2.3pp |
| Net Margin | 31.2% | — | 26.6% | — | 4.7pp |
| EPS (Diluted) | $1.24 | — | $0.98 | — | 26.5% |
| Free Cash Flow | $403M | — | $358M | — | 12.7% |
| Item | Amount |
|---|---|
| REVENUE | $841M |
| Cost of Revenue | $125M |
| GROSS PROFIT | $716M |
| R&D Expenses | $0 |
| Selling & Marketing | $115M |
| General & Administrative | $44M |
| SG&A Expenses | $159M |
| Other Expenses | $177M |
| Operating Expenses | $336M |
| Cost & Expenses | $461M |
| OPERATING INCOME | $380M |
| Interest Income | $35M |
| Interest Expense | $150M |
| Other Income/Expenses | -$96M |
| INCOME BEFORE TAX | $284M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $278M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $262M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $262M |
| D&A | $191M |
| EBIT | $361M |
| EBITDA | $552M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $841M |
| Cost of Revenue | $125M |
| GROSS PROFIT | $716M |
| R&D Expenses | $0 |
| Selling & Marketing | $115M |
| General & Administrative | $44M |
| SG&A Expenses | $159M |
| Other Expenses | $177M |
| Operating Expenses | $336M |
| Cost & Expenses | $461M |
| OPERATING INCOME | $380M |
| Interest Income | $35M |
| Interest Expense | $150M |
| Other Income/Expenses | -$96M |
| INCOME BEFORE TAX | $284M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $278M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $262M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $262M |
| D&A | $191M |
| EBIT | $361M |
| EBITDA | $552M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $262M |
| Depreciation & Amortization | $196M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | -$52M |
| OPERATING CASH FLOW | $408M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$292M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$472M |
| NET CASH FROM INVESTING | -$769M |
| Net Debt Issuance | $782M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$344M |
| Other Financing Activities | -$28M |
| NET CASH FROM FINANCING | $410M |
| FREE CASH FLOW | $403M |
| Net Change in Cash | $49M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $138M |
| Short-Term Investments | $0 |
| Net Receivables | $1.4B |
| Inventory | $0 |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $740M |
| Goodwill | $171M |
| Intangible Assets | $22M |
| Long-Term Investments | $1.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $24.6B |
| TOTAL NON-CURRENT ASSETS | $27.2B |
| TOTAL ASSETS | $28.8B |
| Account Payables | $347M |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $11.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $539M |
| TOTAL NON-CURRENT LIABILITIES | $12.2B |
| TOTAL LIABILITIES | $14.0B |
| Common Stock | $2M |
| Additional Paid-In Capital | $14.8B |
| Retained Earnings | -$899M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.9B |
| Minority Interest | $912M |
| TOTAL EQUITY | $14.9B |
| TOTAL LIABILITIES & EQUITY | $28.8B |
| Total Debt | $13.0B |
| Net Debt | $12.9B |
