| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $988M | $1.0B | $945M | -2.3% | 4.5% |
| Op. Income | $230M | $244M | $133M | -5.7% | 73.6% |
| Gross Margin | 56.4% | 55.4% | 52.9% | 1.0pp | 3.5pp |
| Net Margin | 18.1% | 19.2% | 9.6% | -1.2pp | 8.5pp |
| EPS (Diluted) | $0.76 | $0.82 | $0.37 | -7.3% | 105.4% |
| Free Cash Flow | $337M | $372M | $206M | -9.5% | 63.3% |
| Item | Amount |
|---|---|
| REVENUE | $988M |
| Cost of Revenue | $430M |
| GROSS PROFIT | $558M |
| R&D Expenses | $67M |
| Selling & Marketing | $146M |
| General & Administrative | $103M |
| SG&A Expenses | $249M |
| Other Expenses | $11M |
| Operating Expenses | $328M |
| Cost & Expenses | $758M |
| OPERATING INCOME | $230M |
| Interest Income | $28M |
| Interest Expense | $32M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $222M |
| Income Tax Expense | $43M |
| Net Income from Continuing Ops | $179M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $179M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $179M |
| D&A | $75M |
| EBIT | $254M |
| EBITDA | $328M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $988M |
| Cost of Revenue | $430M |
| GROSS PROFIT | $558M |
| R&D Expenses | $67M |
| Selling & Marketing | $146M |
| General & Administrative | $103M |
| SG&A Expenses | $249M |
| Other Expenses | $11M |
| Operating Expenses | $328M |
| Cost & Expenses | $758M |
| OPERATING INCOME | $230M |
| Interest Income | $28M |
| Interest Expense | $32M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $222M |
| Income Tax Expense | $43M |
| Net Income from Continuing Ops | $179M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $179M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $179M |
| D&A | $75M |
| EBIT | $254M |
| EBITDA | $328M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $179M |
| Depreciation & Amortization | $75M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$20M |
| Other Non-Cash Items | $14M |
| Change in Working Capital | $107M |
| OPERATING CASH FLOW | $367M |
| Capital Expenditure | -$30M |
| Acquisitions (Net) | -$297M |
| Purchases of Investments | -$268M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$400.0K |
| NET CASH FROM INVESTING | -$596M |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | -$58M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$800.0K |
| NET CASH FROM FINANCING | -$57M |
| FREE CASH FLOW | $337M |
| Net Change in Cash | -$279M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.2B |
| Short-Term Investments | $173M |
| Net Receivables | $600M |
| Inventory | $680M |
| Other Current Assets | $156M |
| TOTAL CURRENT ASSETS | $3.8B |
| PP&E (Net) | $630M |
| Goodwill | $3.4B |
| Intangible Assets | $845M |
| Long-Term Investments | $151M |
| Tax Assets | $129M |
| Other Non-Current Assets | $136M |
| TOTAL NON-CURRENT ASSETS | $5.3B |
| TOTAL ASSETS | $9.2B |
| Account Payables | $204M |
| Short-Term Debt | $38M |
| Deferred Revenue | $213M |
| Other Current Liabilities | $289M |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $14M |
| Deferred Tax Liabilities | $371M |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $3M |
| Additional Paid-In Capital | $6.2B |
| Retained Earnings | $2.8B |
| Treasury Stock | -$3.9B |
| Accum. Other Comp. Income | -$112M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.1B |
| TOTAL LIABILITIES & EQUITY | $9.2B |
| Total Debt | $2.7B |
| Net Debt | $498M |
