| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.6B | $2.4B | $2.4B | 9.0% | 9.0% |
| Op. Income | $1.1B | $848M | $824M | 24.1% | 27.7% |
| Gross Margin | 62.0% | 59.1% | 59.1% | 2.9pp | 2.9pp |
| Net Margin | 32.6% | 25.5% | 29.1% | 7.1pp | 3.5pp |
| EPS (Diluted) | $6.18 | $4.43 | $4.97 | 39.5% | 24.3% |
| Free Cash Flow | $832M | $838M | $880M | -0.8% | -5.5% |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $974M |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $324M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $216M |
| Other Expenses | $0 |
| Operating Expenses | $540M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $1.1B |
| Interest Income | $0 |
| Interest Expense | $83M |
| Other Income/Expenses | -$107M |
| INCOME BEFORE TAX | $945M |
| Income Tax Expense | $109M |
| Net Income from Continuing Ops | $836M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $836M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $836M |
| D&A | $101M |
| EBIT | $1.0B |
| EBITDA | $1.1B |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $974M |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $324M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $216M |
| Other Expenses | $0 |
| Operating Expenses | $540M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $1.1B |
| Interest Income | $0 |
| Interest Expense | $83M |
| Other Income/Expenses | -$107M |
| INCOME BEFORE TAX | $945M |
| Income Tax Expense | $109M |
| Net Income from Continuing Ops | $836M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $836M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $836M |
| D&A | $101M |
| EBIT | $1.0B |
| EBITDA | $1.1B |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| Net Income | $836M |
| Depreciation & Amortization | $101M |
| Stock-Based Compensation | $59M |
| Deferred Income Tax | -$31M |
| Other Non-Cash Items | $16M |
| Change in Working Capital | -$89M |
| OPERATING CASH FLOW | $893M |
| Capital Expenditure | -$61M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$624M |
| Sales/Maturities of Investments | $546M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$139M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$470M |
| Common Dividends Paid | -$198M |
| Other Financing Activities | -$48M |
| NET CASH FROM FINANCING | -$619M |
| FREE CASH FLOW | $832M |
| Net Change in Cash | $129M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.0B |
| Short-Term Investments | $2.5B |
| Net Receivables | $2.0B |
| Inventory | $3.0B |
| Other Current Assets | $363M |
| TOTAL CURRENT ASSETS | $10.0B |
| PP&E (Net) | $1.3B |
| Goodwill | $2.0B |
| Intangible Assets | $669M |
| Long-Term Investments | $0 |
| Tax Assets | $915M |
| Other Non-Current Assets | $461M |
| TOTAL NON-CURRENT ASSETS | $5.4B |
| TOTAL ASSETS | $15.4B |
| Account Payables | $359M |
| Short-Term Debt | $750M |
| Deferred Revenue | $2.1B |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $4.7B |
| Long-Term Debt | $5.9B |
| Deferred Revenue NC | $394M |
| Deferred Tax Liabilities | $487M |
| Other Non-Current Liabilities | $490M |
| TOTAL NON-CURRENT LIABILITIES | $7.4B |
| TOTAL LIABILITIES | $12.1B |
| Common Stock | $134.0K |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$49M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $15.4B |
| Total Debt | $6.8B |
| Net Debt | $4.8B |
