| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.6B | $4.7B | $4.6B | -2.1% | 0.2% |
| Op. Income | $917M | $956M | $957M | -4.1% | -4.2% |
| Gross Margin | 29.5% | 29.8% | 30.5% | -0.3pp | -1.1pp |
| Net Margin | 21.0% | 15.7% | 16.3% | 5.3pp | 4.7pp |
| EPS (Diluted) | $0.23 | $0.18 | $0.18 | 27.8% | 27.8% |
| Free Cash Flow | $848M | $665M | $713M | 27.5% | 18.9% |
| Item | Amount |
|---|---|
| REVENUE | $4.6B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | -$465M |
| General & Administrative | $718M |
| SG&A Expenses | $253M |
| Other Expenses | $175M |
| Operating Expenses | $428M |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $917M |
| Interest Income | $69M |
| Interest Expense | $13M |
| Other Income/Expenses | $316M |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $273M |
| Net Income from Continuing Ops | $960M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1M |
| NET INCOME | $959M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $959M |
| D&A | $140M |
| EBIT | $1.5B |
| EBITDA | $1.6B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.6B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | -$465M |
| General & Administrative | $718M |
| SG&A Expenses | $253M |
| Other Expenses | $175M |
| Operating Expenses | $428M |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $917M |
| Interest Income | $69M |
| Interest Expense | $13M |
| Other Income/Expenses | $316M |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $273M |
| Net Income from Continuing Ops | $960M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1M |
| NET INCOME | $959M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $959M |
| D&A | $140M |
| EBIT | $1.5B |
| EBITDA | $1.6B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $960M |
| Depreciation & Amortization | $140M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | $273M |
| Other Non-Cash Items | -$502M |
| Change in Working Capital | $16M |
| OPERATING CASH FLOW | $914M |
| Capital Expenditure | -$66M |
| Acquisitions (Net) | $12M |
| Purchases of Investments | -$2.9B |
| Sales/Maturities of Investments | $2.3B |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$667M |
| Net Debt Issuance | -$71M |
| Common Stock Repurchased | $2M |
| Common Dividends Paid | $1M |
| Other Financing Activities | -$31M |
| NET CASH FROM FINANCING | -$99M |
| FREE CASH FLOW | $848M |
| Net Change in Cash | $133M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $1.7B |
| Net Receivables | $6.4B |
| Inventory | $0 |
| Other Current Assets | $98M |
| TOTAL CURRENT ASSETS | $10.7B |
| PP&E (Net) | $2.3B |
| Goodwill | $876M |
| Intangible Assets | $167M |
| Long-Term Investments | $1.5B |
| Tax Assets | $55M |
| Other Non-Current Assets | $843M |
| TOTAL NON-CURRENT ASSETS | $5.8B |
| TOTAL ASSETS | $16.5B |
| Account Payables | $474M |
| Short-Term Debt | $0 |
| Deferred Revenue | $880M |
| Other Current Liabilities | $1.3B |
| TOTAL CURRENT LIABILITIES | $4.7B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $363.1K |
| Deferred Tax Liabilities | $215M |
| Other Non-Current Liabilities | $284M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $5.9B |
| Common Stock | $325M |
| Additional Paid-In Capital | $449M |
| Retained Earnings | $12.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1.6B |
| Other Equity | -$4.4B |
| TOTAL STOCKHOLDERS' EQUITY | $10.6B |
| Minority Interest | $41M |
| TOTAL EQUITY | $10.6B |
| TOTAL LIABILITIES & EQUITY | $16.5B |
| Total Debt | $1.0B |
| Net Debt | -$771M |
