| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.1B | $1.0B | 3.6% | 16.3% |
| Op. Income | $297M | $169M | $205M | 75.5% | 44.9% |
| Gross Margin | 91.1% | 91.0% | 91.5% | 0.1pp | -0.4pp |
| Net Margin | 17.1% | 9.4% | 19.8% | 7.7pp | -2.8pp |
| EPS (Diluted) | $1.02 | $0.54 | $0.89 | 88.9% | 14.6% |
| Free Cash Flow | $364M | $293M | $145M | 24.1% | 150.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $105M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $466M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $310M |
| Other Expenses | $0 |
| Operating Expenses | $776M |
| Cost & Expenses | $881M |
| OPERATING INCOME | $297M |
| Interest Income | $21M |
| Interest Expense | $419.0K |
| Other Income/Expenses | $16M |
| INCOME BEFORE TAX | $314M |
| Income Tax Expense | $113M |
| Net Income from Continuing Ops | $201M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $201M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $201M |
| D&A | $23M |
| EBIT | $314M |
| EBITDA | $337M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $105M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $466M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $310M |
| Other Expenses | $0 |
| Operating Expenses | $776M |
| Cost & Expenses | $881M |
| OPERATING INCOME | $297M |
| Interest Income | $21M |
| Interest Expense | $419.0K |
| Other Income/Expenses | $16M |
| INCOME BEFORE TAX | $314M |
| Income Tax Expense | $113M |
| Net Income from Continuing Ops | $201M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $201M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $201M |
| D&A | $23M |
| EBIT | $314M |
| EBITDA | $337M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $201M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $72M |
| Deferred Income Tax | $56.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $84M |
| OPERATING CASH FLOW | $381M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$29M |
| Sales/Maturities of Investments | $25M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$21M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2.0B |
| NET CASH FROM FINANCING | $20M |
| FREE CASH FLOW | $364M |
| Net Change in Cash | $384M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $470M |
| Net Receivables | $853M |
| Inventory | $59M |
| Other Current Assets | $169M |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $794M |
| Goodwill | $156M |
| Intangible Assets | $114M |
| Long-Term Investments | $19M |
| Tax Assets | $762M |
| Other Non-Current Assets | $361M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $5.4B |
| Account Payables | $197M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $725M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $321M |
| TOTAL NON-CURRENT LIABILITIES | $355M |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $193.0K |
| Additional Paid-In Capital | $4.5B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $5.4B |
| Total Debt | $44M |
| Net Debt | -$1.6B |
