| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.9B | $3.0B | $2.7B | -3.3% | 8.7% |
| Op. Income | $939M | $613M | $464M | 53.2% | 102.3% |
| Gross Margin | 54.0% | 41.3% | 42.3% | 12.7pp | 11.7pp |
| Net Margin | 27.6% | 14.9% | 13.1% | 12.6pp | 14.5pp |
| EPS (Diluted) | $3.92 | $2.20 | $1.70 | 78.2% | 130.6% |
| Free Cash Flow | $807M | $567M | $535M | 42.3% | 50.8% |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $600M |
| General & Administrative | -$37M |
| SG&A Expenses | $563M |
| Other Expenses | $57M |
| Operating Expenses | $619M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $939M |
| Interest Income | $2M |
| Interest Expense | $42M |
| Other Income/Expenses | -$216M |
| INCOME BEFORE TAX | $723M |
| Income Tax Expense | -$74M |
| Net Income from Continuing Ops | $797M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $797M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $797M |
| D&A | $124M |
| EBIT | $765M |
| EBITDA | $889M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $600M |
| General & Administrative | -$37M |
| SG&A Expenses | $563M |
| Other Expenses | $57M |
| Operating Expenses | $619M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $939M |
| Interest Income | $2M |
| Interest Expense | $42M |
| Other Income/Expenses | -$216M |
| INCOME BEFORE TAX | $723M |
| Income Tax Expense | -$74M |
| Net Income from Continuing Ops | $797M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $797M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $797M |
| D&A | $124M |
| EBIT | $765M |
| EBITDA | $889M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $797M |
| Depreciation & Amortization | $124M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $99M |
| Other Non-Cash Items | -$134M |
| Change in Working Capital | $44M |
| OPERATING CASH FLOW | $942M |
| Capital Expenditure | -$135M |
| Acquisitions (Net) | -$76M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$201M |
| NET CASH FROM INVESTING | -$411M |
| Net Debt Issuance | -$178M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$270M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$450M |
| FREE CASH FLOW | $807M |
| Net Change in Cash | $116M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $731M |
| Short-Term Investments | $0 |
| Net Receivables | $800M |
| Inventory | $1.3B |
| Other Current Assets | $704M |
| TOTAL CURRENT ASSETS | $3.8B |
| PP&E (Net) | $3.8B |
| Goodwill | $2.7B |
| Intangible Assets | $2.2B |
| Long-Term Investments | $213M |
| Tax Assets | $37M |
| Other Non-Current Assets | $194M |
| TOTAL NON-CURRENT ASSETS | $9.2B |
| TOTAL ASSETS | $12.9B |
| Account Payables | $808M |
| Short-Term Debt | $1.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.9B |
| Long-Term Debt | $3.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $424M |
| Other Non-Current Liabilities | $383M |
| TOTAL NON-CURRENT LIABILITIES | $4.3B |
| TOTAL LIABILITIES | $8.2B |
| Common Stock | $222M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $5.7B |
| Treasury Stock | -$2.3B |
| Accum. Other Comp. Income | -$304M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.7B |
| TOTAL LIABILITIES & EQUITY | $12.9B |
| Total Debt | $5.4B |
| Net Debt | $4.7B |
