| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11.5B | $11.9B | $10.8B | -2.6% | 6.4% |
| Op. Income | $2.7B | $2.5B | $2.3B | 7.9% | 19.2% |
| Gross Margin | 60.0% | 60.7% | 57.3% | -0.6pp | 2.8pp |
| Net Margin | 19.0% | 24.0% | 18.2% | -5.0pp | 0.8pp |
| EPS (Diluted) | $0.51 | $0.66 | $0.46 | -22.7% | 10.9% |
| Free Cash Flow | $3.1B | -$1.7B | $1.8B | 282.2% | 73.1% |
| Item | Amount |
|---|---|
| REVENUE | $11.5B |
| Cost of Revenue | $4.6B |
| GROSS PROFIT | $6.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.2B |
| General & Administrative | $2.8B |
| SG&A Expenses | $4.0B |
| Other Expenses | $254M |
| Operating Expenses | $4.2B |
| Cost & Expenses | $8.8B |
| OPERATING INCOME | $2.7B |
| Interest Income | $204M |
| Interest Expense | $431M |
| Other Income/Expenses | $97M |
| INCOME BEFORE TAX | $2.8B |
| Income Tax Expense | $593M |
| Net Income from Continuing Ops | $2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.2B |
| D&A | $276M |
| EBIT | $3.2B |
| EBITDA | $3.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $11.5B |
| Cost of Revenue | $4.6B |
| GROSS PROFIT | $6.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.2B |
| General & Administrative | $2.8B |
| SG&A Expenses | $4.0B |
| Other Expenses | $254M |
| Operating Expenses | $4.2B |
| Cost & Expenses | $8.8B |
| OPERATING INCOME | $2.7B |
| Interest Income | $204M |
| Interest Expense | $431M |
| Other Income/Expenses | $97M |
| INCOME BEFORE TAX | $2.8B |
| Income Tax Expense | $593M |
| Net Income from Continuing Ops | $2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.2B |
| D&A | $276M |
| EBIT | $3.2B |
| EBITDA | $3.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.2B |
| Depreciation & Amortization | $276M |
| Stock-Based Compensation | $79M |
| Deferred Income Tax | -$11M |
| Other Non-Cash Items | -$197M |
| Change in Working Capital | $1.6B |
| OPERATING CASH FLOW | $4.0B |
| Capital Expenditure | -$803M |
| Acquisitions (Net) | -$145M |
| Purchases of Investments | -$1.2B |
| Sales/Maturities of Investments | $1.5B |
| Other Investing Activities | -$57M |
| NET CASH FROM INVESTING | -$783M |
| Net Debt Issuance | -$845M |
| Common Stock Repurchased | -$567M |
| Common Dividends Paid | -$4.1B |
| Other Financing Activities | -$17M |
| NET CASH FROM FINANCING | -$5.5B |
| FREE CASH FLOW | $3.1B |
| Net Change in Cash | -$2.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.8B |
| Short-Term Investments | $3.7B |
| Net Receivables | $3.6B |
| Inventory | $4.7B |
| Other Current Assets | $3.1B |
| TOTAL CURRENT ASSETS | $26.0B |
| PP&E (Net) | $11.5B |
| Goodwill | $18.1B |
| Intangible Assets | $13.3B |
| Long-Term Investments | $19.3B |
| Tax Assets | $1.3B |
| Other Non-Current Assets | $11.0B |
| TOTAL NON-CURRENT ASSETS | $74.6B |
| TOTAL ASSETS | $100.5B |
| Account Payables | $21.7B |
| Short-Term Debt | $2.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $25.2B |
| Long-Term Debt | $42.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.5B |
| Other Non-Current Liabilities | $3.2B |
| TOTAL NON-CURRENT LIABILITIES | $48.9B |
| TOTAL LIABILITIES | $74.2B |
| Common Stock | $1.8B |
| Additional Paid-In Capital | $19.8B |
| Retained Earnings | $76.1B |
| Treasury Stock | -$55.9B |
| Accum. Other Comp. Income | -$16.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $24.9B |
| Minority Interest | $1.5B |
| TOTAL EQUITY | $26.4B |
| TOTAL LIABILITIES & EQUITY | $100.5B |
| Total Debt | $45.4B |
| Net Debt | $34.6B |
