| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10.6B | $8.9B | — | 18.5% | — |
| Op. Income | $593M | -$359M | — | 265.2% | — |
| Gross Margin | 20.1% | 12.4% | — | 7.7pp | — |
| Net Margin | 4.6% | -1.1% | — | 5.7pp | — |
| EPS (Diluted) | $1.73 | $-0.35 | — | 594.3% | — |
| Free Cash Flow | $571M | $968M | — | -41.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $10.6B |
| Cost of Revenue | $8.4B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $265M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.3B |
| Other Expenses | -$1M |
| Operating Expenses | $1.5B |
| Cost & Expenses | $10.0B |
| OPERATING INCOME | $593M |
| Interest Income | $104M |
| Interest Expense | $0 |
| Other Income/Expenses | $520M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $629M |
| Net Income from Continuing Ops | $484M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $484M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $484M |
| D&A | $269M |
| EBIT | $592M |
| EBITDA | $861M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $10.6B |
| Cost of Revenue | $8.4B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $265M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.3B |
| Other Expenses | -$1M |
| Operating Expenses | $1.5B |
| Cost & Expenses | $10.0B |
| OPERATING INCOME | $593M |
| Interest Income | $104M |
| Interest Expense | $0 |
| Other Income/Expenses | $520M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $629M |
| Net Income from Continuing Ops | $484M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $484M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $484M |
| D&A | $269M |
| EBIT | $592M |
| EBITDA | $861M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $484M |
| Depreciation & Amortization | $269M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $305M |
| Other Non-Cash Items | -$355M |
| Change in Working Capital | $218M |
| OPERATING CASH FLOW | $921M |
| Capital Expenditure | -$350M |
| Acquisitions (Net) | $382M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$207M |
| NET CASH FROM INVESTING | -$175M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $163M |
| NET CASH FROM FINANCING | $163M |
| FREE CASH FLOW | $571M |
| Net Change in Cash | $810M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.2B |
| Short-Term Investments | $0 |
| Net Receivables | $16.8B |
| Inventory | $7.8B |
| Other Current Assets | $1.0B |
| TOTAL CURRENT ASSETS | $34.2B |
| PP&E (Net) | $5.2B |
| Goodwill | $4.3B |
| Intangible Assets | $812M |
| Long-Term Investments | $2.1B |
| Tax Assets | $1.6B |
| Other Non-Current Assets | $3.3B |
| TOTAL NON-CURRENT ASSETS | $17.3B |
| TOTAL ASSETS | $51.5B |
| Account Payables | $4.9B |
| Short-Term Debt | $241M |
| Deferred Revenue | $17.6B |
| Other Current Liabilities | $7.0B |
| TOTAL CURRENT LIABILITIES | $31.7B |
| Long-Term Debt | $572M |
| Deferred Revenue NC | $157M |
| Deferred Tax Liabilities | $827M |
| Other Non-Current Liabilities | $6.8B |
| TOTAL NON-CURRENT LIABILITIES | $9.2B |
| TOTAL LIABILITIES | $40.9B |
| Common Stock | $3M |
| Additional Paid-In Capital | $9.7B |
| Retained Earnings | $1.6B |
| Treasury Stock | -$43M |
| Accum. Other Comp. Income | -$1.8B |
| Other Equity | $1M |
| TOTAL STOCKHOLDERS' EQUITY | $9.5B |
| Minority Interest | $1.0B |
| TOTAL EQUITY | $10.6B |
| TOTAL LIABILITIES & EQUITY | $51.5B |
| Total Debt | $1.6B |
| Net Debt | -$6.6B |
