| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.4B | — | $4.5B | — | -2.9% |
| Op. Income | -$833M | — | -$1.1B | — | 22.1% |
| Gross Margin | 65.4% | — | 60.9% | — | 4.5pp |
| Net Margin | -28.0% | — | -25.8% | — | -2.2pp |
| EPS (Diluted) | $-7.69 | — | $-7.35 | — | -4.6% |
| Free Cash Flow | $709M | — | $282M | — | 151.4% |
| Item | Amount |
|---|---|
| REVENUE | $4.4B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $2.9B |
| R&D Expenses | $1.2B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.1B |
| Other Expenses | $1.4B |
| Operating Expenses | $3.7B |
| Cost & Expenses | $5.2B |
| OPERATING INCOME | -$833M |
| Interest Income | $46M |
| Interest Expense | $100M |
| Other Income/Expenses | -$346M |
| INCOME BEFORE TAX | -$1.2B |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | -$1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.2B |
| D&A | $354M |
| EBIT | -$1.1B |
| EBITDA | -$725M |
| EPS | -$8 |
| EPS Diluted | -$8 |
| Item | Amount |
|---|---|
| Net Income | -$1.2B |
| Depreciation & Amortization | $354M |
| Stock-Based Compensation | $370M |
| Deferred Income Tax | -$112M |
| Other Non-Cash Items | $1.9B |
| Change in Working Capital | -$483M |
| OPERATING CASH FLOW | $837M |
| Capital Expenditure | -$128M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$52M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$178M |
| Net Debt Issuance | $491M |
| Common Stock Repurchased | -$116M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1.0B |
| NET CASH FROM FINANCING | -$570M |
| FREE CASH FLOW | $709M |
| Net Change in Cash | $79M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $93M |
| Net Receivables | $751M |
| Inventory | $547M |
| Other Current Assets | $228M |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $1.2B |
| Goodwill | $1.1B |
| Intangible Assets | $295M |
| Long-Term Investments | $227M |
| Tax Assets | $567M |
| Other Non-Current Assets | $121M |
| TOTAL NON-CURRENT ASSETS | $3.6B |
| TOTAL ASSETS | $6.3B |
| Account Payables | $221M |
| Short-Term Debt | $578M |
| Deferred Revenue | $260M |
| Other Current Liabilities | $70M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $67M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $272M |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $3.9B |
| Common Stock | $2M |
| Additional Paid-In Capital | $7.5B |
| Retained Earnings | -$1.2B |
| Treasury Stock | -$3.9B |
| Accum. Other Comp. Income | $22M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $6.3B |
| Total Debt | $2.6B |
| Net Debt | $1.5B |
