| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.6B | $1.5B | 14.9% | 22.9% |
| Op. Income | $516M | $437M | $340M | 18.0% | 51.6% |
| Gross Margin | 59.3% | 60.0% | 58.3% | -0.7pp | 1.0pp |
| Net Margin | 23.9% | 25.2% | 36.6% | -1.3pp | -12.7pp |
| EPS (Diluted) | $2.25 | $2.07 | $2.82 | 8.7% | -20.2% |
| Free Cash Flow | $399M | $219M | $417M | 81.9% | -4.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $743M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $259M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $305M |
| Other Expenses | $0 |
| Operating Expenses | $564M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $516M |
| Interest Income | $30M |
| Interest Expense | $0 |
| Other Income/Expenses | $57.0K |
| INCOME BEFORE TAX | $516M |
| Income Tax Expense | $80M |
| Net Income from Continuing Ops | $436M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $436M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $436M |
| D&A | $47M |
| EBIT | $516M |
| EBITDA | $563M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $743M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $259M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $305M |
| Other Expenses | $0 |
| Operating Expenses | $564M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $516M |
| Interest Income | $30M |
| Interest Expense | $0 |
| Other Income/Expenses | $57.0K |
| INCOME BEFORE TAX | $516M |
| Income Tax Expense | $80M |
| Net Income from Continuing Ops | $436M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $436M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $436M |
| D&A | $47M |
| EBIT | $516M |
| EBITDA | $563M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $436M |
| Depreciation & Amortization | $47M |
| Stock-Based Compensation | $36M |
| Deferred Income Tax | -$34M |
| Other Non-Cash Items | $47M |
| Change in Working Capital | -$48M |
| OPERATING CASH FLOW | $484M |
| Capital Expenditure | -$85M |
| Acquisitions (Net) | -$21M |
| Purchases of Investments | -$144M |
| Sales/Maturities of Investments | $32M |
| Other Investing Activities | $15M |
| NET CASH FROM INVESTING | -$203M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$59M |
| Common Dividends Paid | -$144M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$177M |
| FREE CASH FLOW | $399M |
| Net Change in Cash | $70M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.1B |
| Short-Term Investments | $421M |
| Net Receivables | $983M |
| Inventory | $1.5B |
| Other Current Assets | $378M |
| TOTAL CURRENT ASSETS | $5.3B |
| PP&E (Net) | $1.4B |
| Goodwill | $604M |
| Intangible Assets | $154M |
| Long-Term Investments | $0 |
| Tax Assets | $823M |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $4.3B |
| TOTAL ASSETS | $9.6B |
| Account Payables | $359M |
| Short-Term Debt | $0 |
| Deferred Revenue | $111M |
| Other Current Liabilities | $650M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $135M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $103M |
| Other Non-Current Liabilities | $36M |
| TOTAL NON-CURRENT LIABILITIES | $274M |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $19M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $6.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$147M |
| Other Equity | $2.0B |
| TOTAL STOCKHOLDERS' EQUITY | $7.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $7.8B |
| TOTAL LIABILITIES & EQUITY | $9.6B |
| Total Debt | $135M |
| Net Debt | -$1.9B |
