| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.9B | $5.6B | — | 6.8% | — |
| Op. Income | $303M | $541M | — | -44.0% | — |
| Gross Margin | 25.0% | 24.1% | — | 0.9pp | — |
| Net Margin | 1.3% | 4.5% | — | -3.2pp | — |
| EPS (Diluted) | $0.07 | $0.22 | — | -68.4% | — |
| Free Cash Flow | $691M | $958M | — | -27.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $5.9B |
| Cost of Revenue | $4.5B |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $59M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $982M |
| Other Expenses | $141M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $5.6B |
| OPERATING INCOME | $303M |
| Interest Income | $25M |
| Interest Expense | $118M |
| Other Income/Expenses | -$93M |
| INCOME BEFORE TAX | $210M |
| Income Tax Expense | $71M |
| Net Income from Continuing Ops | $139M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $78M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $78M |
| D&A | $0 |
| EBIT | $329M |
| EBITDA | $329M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5.9B |
| Cost of Revenue | $4.5B |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $59M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $982M |
| Other Expenses | $141M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $5.6B |
| OPERATING INCOME | $303M |
| Interest Income | $25M |
| Interest Expense | $118M |
| Other Income/Expenses | -$93M |
| INCOME BEFORE TAX | $210M |
| Income Tax Expense | $71M |
| Net Income from Continuing Ops | $139M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $78M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $78M |
| D&A | $0 |
| EBIT | $329M |
| EBITDA | $329M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $78M |
| Depreciation & Amortization | $458M |
| Stock-Based Compensation | $45M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $386M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $972M |
| Capital Expenditure | -$281M |
| Acquisitions (Net) | $21M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $121M |
| NET CASH FROM INVESTING | -$139M |
| Net Debt Issuance | -$862M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$267M |
| NET CASH FROM FINANCING | -$1.1B |
| FREE CASH FLOW | $691M |
| Net Change in Cash | -$236M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $191M |
| Net Receivables | $4.0B |
| Inventory | $2.4B |
| Other Current Assets | $1.2B |
| TOTAL CURRENT ASSETS | $9.3B |
| PP&E (Net) | $8.5B |
| Goodwill | $17.7B |
| Intangible Assets | $1.6B |
| Long-Term Investments | $1.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $842M |
| TOTAL NON-CURRENT ASSETS | $30.0B |
| TOTAL ASSETS | $39.2B |
| Account Payables | $1.2B |
| Short-Term Debt | $675M |
| Deferred Revenue | $96M |
| Other Current Liabilities | $3.3B |
| TOTAL CURRENT LIABILITIES | $6.6B |
| Long-Term Debt | $7.3B |
| Deferred Revenue NC | $40M |
| Deferred Tax Liabilities | $829M |
| Other Non-Current Liabilities | $1.9B |
| TOTAL NON-CURRENT LIABILITIES | $14.2B |
| TOTAL LIABILITIES | $20.8B |
| Common Stock | $343M |
| Additional Paid-In Capital | $3.9B |
| Retained Earnings | $13.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$384M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $17.0B |
| Minority Interest | $1.4B |
| TOTAL EQUITY | $18.4B |
| TOTAL LIABILITIES & EQUITY | $39.2B |
| Total Debt | $12.9B |
| Net Debt | $11.5B |
