| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.9B | $4.2B | $4.2B | 14.5% | 16.1% |
| Op. Income | $630M | $602M | $602M | 4.5% | 4.6% |
| Gross Margin | 40.6% | 44.0% | 42.6% | -3.4pp | -2.0pp |
| Net Margin | 16.3% | 13.4% | 11.7% | 2.9pp | 4.6pp |
| EPS (Diluted) | $0.69 | $0.49 | $0.33 | 39.2% | 108.6% |
| Free Cash Flow | $1.9B | $2.0B | $1.9B | -3.1% | 0.2% |
| Item | Amount |
|---|---|
| REVENUE | $4.9B |
| Cost of Revenue | $2.9B |
| GROSS PROFIT | $2.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.1B |
| Other Expenses | $288M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $4.2B |
| OPERATING INCOME | $630M |
| Interest Income | $559M |
| Interest Expense | $312M |
| Other Income/Expenses | $372M |
| INCOME BEFORE TAX | $1.0B |
| Income Tax Expense | $244M |
| Net Income from Continuing Ops | $758M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $795M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $795M |
| D&A | $568M |
| EBIT | $1.0B |
| EBITDA | $1.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.9B |
| Cost of Revenue | $2.9B |
| GROSS PROFIT | $2.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.1B |
| Other Expenses | $288M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $4.2B |
| OPERATING INCOME | $630M |
| Interest Income | $559M |
| Interest Expense | $312M |
| Other Income/Expenses | $372M |
| INCOME BEFORE TAX | $1.0B |
| Income Tax Expense | $244M |
| Net Income from Continuing Ops | $758M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $795M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $795M |
| D&A | $568M |
| EBIT | $1.0B |
| EBITDA | $1.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $795M |
| Depreciation & Amortization | $568M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $359M |
| Change in Working Capital | $328M |
| OPERATING CASH FLOW | $2.1B |
| Capital Expenditure | -$129M |
| Acquisitions (Net) | $611M |
| Purchases of Investments | -$3.0B |
| Sales/Maturities of Investments | $1.5B |
| Other Investing Activities | $122M |
| NET CASH FROM INVESTING | -$939M |
| Net Debt Issuance | -$362M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $109M |
| NET CASH FROM FINANCING | -$254M |
| FREE CASH FLOW | $1.9B |
| Net Change in Cash | $878M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.5B |
| Short-Term Investments | $13M |
| Net Receivables | $34.6B |
| Inventory | $1.4B |
| Other Current Assets | $1.4B |
| TOTAL CURRENT ASSETS | $44.0B |
| PP&E (Net) | $6.4B |
| Goodwill | $4.0B |
| Intangible Assets | $3.8B |
| Long-Term Investments | $27.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $16.3B |
| TOTAL NON-CURRENT ASSETS | $58.2B |
| TOTAL ASSETS | $102.3B |
| Account Payables | $2.3B |
| Short-Term Debt | $3.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $987M |
| TOTAL CURRENT LIABILITIES | $6.9B |
| Long-Term Debt | $35.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $33.3B |
| TOTAL NON-CURRENT LIABILITIES | $70.2B |
| TOTAL LIABILITIES | $77.0B |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $20.4B |
| Treasury Stock | -$814M |
| Accum. Other Comp. Income | $2.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $24.7B |
| Minority Interest | $521M |
| TOTAL EQUITY | $25.2B |
| TOTAL LIABILITIES & EQUITY | $102.3B |
| Total Debt | $40.5B |
| Net Debt | $34.0B |
