| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10.8B | — | $19.4B | — | -44.3% |
| Op. Income | $2.6B | — | $1.2B | — | 118.0% |
| Gross Margin | 37.5% | — | 25.9% | — | 11.6pp |
| Net Margin | 17.6% | — | 8.2% | — | 9.4pp |
| EPS (Diluted) | $1.75 | — | $1.45 | — | 20.7% |
| Free Cash Flow | $1.0B | — | $2.6B | — | -60.6% |
| Item | Amount |
|---|---|
| REVENUE | $10.8B |
| Cost of Revenue | $6.8B |
| GROSS PROFIT | $4.0B |
| R&D Expenses | $385M |
| Selling & Marketing | -$3.3B |
| General & Administrative | $4.3B |
| SG&A Expenses | $1.1B |
| Other Expenses | $0 |
| Operating Expenses | $1.4B |
| Cost & Expenses | $8.2B |
| OPERATING INCOME | $2.6B |
| Interest Income | $197M |
| Interest Expense | $224M |
| Other Income/Expenses | -$312M |
| INCOME BEFORE TAX | $2.3B |
| Income Tax Expense | $395M |
| Net Income from Continuing Ops | $1.9B |
| Net Income from Discontinued Ops | -$6M |
| Other Adjustments | $0 |
| NET INCOME | $1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.9B |
| D&A | $298M |
| EBIT | $2.5B |
| EBITDA | $2.8B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $10.8B |
| Cost of Revenue | $6.8B |
| GROSS PROFIT | $4.0B |
| R&D Expenses | $385M |
| Selling & Marketing | -$3.3B |
| General & Administrative | $4.3B |
| SG&A Expenses | $1.1B |
| Other Expenses | $0 |
| Operating Expenses | $1.4B |
| Cost & Expenses | $8.2B |
| OPERATING INCOME | $2.6B |
| Interest Income | $197M |
| Interest Expense | $224M |
| Other Income/Expenses | -$312M |
| INCOME BEFORE TAX | $2.3B |
| Income Tax Expense | $395M |
| Net Income from Continuing Ops | $1.9B |
| Net Income from Discontinued Ops | -$6M |
| Other Adjustments | $0 |
| NET INCOME | $1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.9B |
| D&A | $298M |
| EBIT | $2.5B |
| EBITDA | $2.8B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $1.9B |
| Depreciation & Amortization | $298M |
| Stock-Based Compensation | $33M |
| Deferred Income Tax | $395M |
| Other Non-Cash Items | -$868M |
| Change in Working Capital | -$457M |
| OPERATING CASH FLOW | $1.3B |
| Capital Expenditure | -$267M |
| Acquisitions (Net) | $1.2B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$565M |
| NET CASH FROM INVESTING | $321M |
| Net Debt Issuance | -$56M |
| Common Stock Repurchased | -$1.7B |
| Common Dividends Paid | -$306M |
| Other Financing Activities | -$145M |
| NET CASH FROM FINANCING | -$2.2B |
| FREE CASH FLOW | $1.0B |
| Net Change in Cash | -$692M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13.6B |
| Short-Term Investments | $982M |
| Net Receivables | $12.3B |
| Inventory | $9.8B |
| Other Current Assets | $962M |
| TOTAL CURRENT ASSETS | $37.6B |
| PP&E (Net) | $7.3B |
| Goodwill | $8.5B |
| Intangible Assets | $4.3B |
| Long-Term Investments | $39.2B |
| Tax Assets | $9.7B |
| Other Non-Current Assets | $19.1B |
| TOTAL NON-CURRENT ASSETS | $88.1B |
| TOTAL ASSETS | $125.8B |
| Account Payables | $7.5B |
| Short-Term Debt | $2.3B |
| Deferred Revenue | $359M |
| Other Current Liabilities | $23.8B |
| TOTAL CURRENT LIABILITIES | $34.4B |
| Long-Term Debt | $17.2B |
| Deferred Revenue NC | $1.0B |
| Deferred Tax Liabilities | $2.6B |
| Other Non-Current Liabilities | $50.1B |
| TOTAL NON-CURRENT LIABILITIES | $71.8B |
| TOTAL LIABILITIES | $106.2B |
| Common Stock | $15M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $80.5B |
| Treasury Stock | -$81.6B |
| Accum. Other Comp. Income | $20.4B |
| Other Equity | $1M |
| TOTAL STOCKHOLDERS' EQUITY | $19.3B |
| Minority Interest | $223M |
| TOTAL EQUITY | $19.6B |
| TOTAL LIABILITIES & EQUITY | $125.8B |
| Total Debt | $20.4B |
| Net Debt | $6.8B |
