| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.5B | $3.1B | $2.6B | 13.0% | 32.9% |
| Op. Income | $423M | $437M | $348M | -3.2% | 21.6% |
| Gross Margin | 25.8% | 27.8% | 28.0% | -2.0pp | -2.2pp |
| Net Margin | 7.7% | 8.2% | 8.2% | -0.5pp | -0.5pp |
| EPS (Diluted) | $3.59 | $3.39 | $2.85 | 5.9% | 26.0% |
| Free Cash Flow | -$344M | $62M | $37M | -652.9% | -1038.2% |
| Item | Amount |
|---|---|
| REVENUE | $3.5B |
| Cost of Revenue | $2.6B |
| GROSS PROFIT | $905M |
| R&D Expenses | $0 |
| Selling & Marketing | $162M |
| General & Administrative | $126M |
| SG&A Expenses | $288M |
| Other Expenses | $194M |
| Operating Expenses | $482M |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $423M |
| Interest Income | $0 |
| Interest Expense | $82M |
| Other Income/Expenses | -$82M |
| INCOME BEFORE TAX | $341M |
| Income Tax Expense | $71M |
| Net Income from Continuing Ops | $271M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $271M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $271M |
| D&A | $135M |
| EBIT | $423M |
| EBITDA | $558M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $3.5B |
| Cost of Revenue | $2.6B |
| GROSS PROFIT | $905M |
| R&D Expenses | $0 |
| Selling & Marketing | $162M |
| General & Administrative | $126M |
| SG&A Expenses | $288M |
| Other Expenses | $194M |
| Operating Expenses | $482M |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $423M |
| Interest Income | $0 |
| Interest Expense | $82M |
| Other Income/Expenses | -$82M |
| INCOME BEFORE TAX | $341M |
| Income Tax Expense | $71M |
| Net Income from Continuing Ops | $271M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $271M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $271M |
| D&A | $135M |
| EBIT | $423M |
| EBITDA | $558M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $271M |
| Depreciation & Amortization | $135M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | -$76M |
| Other Non-Cash Items | $136M |
| Change in Working Capital | -$671M |
| OPERATING CASH FLOW | -$179M |
| Capital Expenditure | -$166M |
| Acquisitions (Net) | -$861M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$1.0B |
| Net Debt Issuance | $1.0B |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | -$22M |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | $935M |
| FREE CASH FLOW | -$344M |
| Net Change in Cash | -$279M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $967M |
| Short-Term Investments | $42M |
| Net Receivables | $3.9B |
| Inventory | $0 |
| Other Current Assets | $1.7B |
| TOTAL CURRENT ASSETS | $6.8B |
| PP&E (Net) | $1.3B |
| Goodwill | $2.2B |
| Intangible Assets | $1.5B |
| Long-Term Investments | $294M |
| Tax Assets | $130M |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $6.5B |
| TOTAL ASSETS | $13.3B |
| Account Payables | $2.6B |
| Short-Term Debt | $1.0B |
| Deferred Revenue | $208M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4.2B |
| Long-Term Debt | $4.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.5B |
| TOTAL NON-CURRENT LIABILITIES | $6.2B |
| TOTAL LIABILITIES | $10.4B |
| Common Stock | $131.0K |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | $5.1B |
| Treasury Stock | -$4.2B |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $13.3B |
| Total Debt | $5.7B |
| Net Debt | $4.8B |
