| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.4B | $1.6B | 8.0% | -5.3% |
| Op. Income | $412M | -$30M | -$375M | 1473.3% | 209.9% |
| Gross Margin | 36.9% | 19.5% | -5.2% | 17.4pp | 42.1pp |
| Net Margin | 22.2% | -0.4% | -19.3% | 22.7pp | 41.5pp |
| EPS (Diluted) | $2.50 | $-0.08 | $-2.41 | 3201.7% | 203.7% |
| Free Cash Flow | $1.3B | $2.1B | $2.2B | -36.9% | -40.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $927M |
| GROSS PROFIT | $543M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $81M |
| SG&A Expenses | $81M |
| Other Expenses | $50M |
| Operating Expenses | $131M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $412M |
| Interest Income | $690M |
| Interest Expense | $38M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $412M |
| Income Tax Expense | $85M |
| Net Income from Continuing Ops | $327M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $327M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $323M |
| D&A | $152M |
| EBIT | $450M |
| EBITDA | $602M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $927M |
| GROSS PROFIT | $543M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $81M |
| SG&A Expenses | $81M |
| Other Expenses | $50M |
| Operating Expenses | $131M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $412M |
| Interest Income | $690M |
| Interest Expense | $38M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $412M |
| Income Tax Expense | $85M |
| Net Income from Continuing Ops | $327M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $327M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $323M |
| D&A | $152M |
| EBIT | $450M |
| EBITDA | $602M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $327M |
| Depreciation & Amortization | $152M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$446M |
| Change in Working Capital | $1.3B |
| OPERATING CASH FLOW | $1.3B |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$225M |
| Purchases of Investments | -$6.0B |
| Sales/Maturities of Investments | $3.1B |
| Other Investing Activities | $310M |
| NET CASH FROM INVESTING | -$2.8B |
| Net Debt Issuance | $135M |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | -$33M |
| Other Financing Activities | $117M |
| NET CASH FROM FINANCING | $213M |
| FREE CASH FLOW | $1.3B |
| Net Change in Cash | -$1.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.3B |
| Short-Term Investments | $46.3B |
| Net Receivables | $13.4B |
| Inventory | $0 |
| Other Current Assets | -$13.4B |
| TOTAL CURRENT ASSETS | $48.6B |
| PP&E (Net) | $0 |
| Goodwill | $2.2B |
| Intangible Assets | $5.6B |
| Long-Term Investments | $3.6B |
| Tax Assets | $299M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $11.6B |
| TOTAL ASSETS | $85.0B |
| Account Payables | $207M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11.1B |
| TOTAL CURRENT LIABILITIES | $11.8B |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $67.0B |
| TOTAL NON-CURRENT LIABILITIES | $69.2B |
| TOTAL LIABILITIES | $81.0B |
| Common Stock | $0 |
| Additional Paid-In Capital | $3.5B |
| Retained Earnings | $2.4B |
| Treasury Stock | -$30M |
| Accum. Other Comp. Income | -$1.9B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.0B |
| Minority Interest | $125M |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $85.0B |
| Total Debt | $2.2B |
| Net Debt | -$83M |
