| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.9B | $6.9B | $6.8B | 0.9% | 1.6% |
| Op. Income | $278M | $38M | -$404M | 631.6% | 168.8% |
| Gross Margin | 17.7% | 16.3% | 10.7% | 1.5pp | 7.1pp |
| Net Margin | 3.8% | 1.0% | -3.7% | 2.8pp | 7.5pp |
| EPS (Diluted) | $0.42 | $0.11 | $-0.37 | 281.8% | 213.5% |
| Free Cash Flow | $16M | -$414M | -$293M | 103.9% | 105.5% |
| Item | Amount |
|---|---|
| REVENUE | $6.9B |
| Cost of Revenue | $5.7B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $346M |
| General & Administrative | $0 |
| SG&A Expenses | $346M |
| Other Expenses | $604M |
| Operating Expenses | $950M |
| Cost & Expenses | $6.7B |
| OPERATING INCOME | $278M |
| Interest Income | $105M |
| Interest Expense | $47M |
| Other Income/Expenses | $51M |
| INCOME BEFORE TAX | $329M |
| Income Tax Expense | $68M |
| Net Income from Continuing Ops | $261M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $261M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $266M |
| D&A | $407M |
| EBIT | $376M |
| EBITDA | $783M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $6.9B |
| Cost of Revenue | $5.7B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $346M |
| General & Administrative | $0 |
| SG&A Expenses | $346M |
| Other Expenses | $604M |
| Operating Expenses | $950M |
| Cost & Expenses | $6.7B |
| OPERATING INCOME | $278M |
| Interest Income | $105M |
| Interest Expense | $47M |
| Other Income/Expenses | $51M |
| INCOME BEFORE TAX | $329M |
| Income Tax Expense | $68M |
| Net Income from Continuing Ops | $261M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $261M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $266M |
| D&A | $407M |
| EBIT | $376M |
| EBITDA | $783M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $261M |
| Depreciation & Amortization | $407M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $70M |
| Other Non-Cash Items | -$135M |
| Change in Working Capital | -$127M |
| OPERATING CASH FLOW | $476M |
| Capital Expenditure | -$460M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.2B |
| Sales/Maturities of Investments | $834M |
| Other Investing Activities | $868M |
| NET CASH FROM INVESTING | $73M |
| Net Debt Issuance | -$1.3B |
| Common Stock Repurchased | -$250M |
| Common Dividends Paid | $1M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$1.5B |
| FREE CASH FLOW | $16M |
| Net Change in Cash | -$994M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.5B |
| Short-Term Investments | $1.2B |
| Net Receivables | $1.1B |
| Inventory | $800M |
| Other Current Assets | $639M |
| TOTAL CURRENT ASSETS | $11.3B |
| PP&E (Net) | $20.4B |
| Goodwill | $970M |
| Intangible Assets | $300M |
| Long-Term Investments | $367M |
| Tax Assets | $0 |
| Other Non-Current Assets | $414M |
| TOTAL NON-CURRENT ASSETS | $22.5B |
| TOTAL ASSETS | $33.8B |
| Account Payables | $339M |
| Short-Term Debt | $1.6B |
| Deferred Revenue | $6.3B |
| Other Current Liabilities | $1.4B |
| TOTAL CURRENT LIABILITIES | $12.3B |
| Long-Term Debt | $5.1B |
| Deferred Revenue NC | $1.9B |
| Deferred Tax Liabilities | $2.2B |
| Other Non-Current Liabilities | $909M |
| TOTAL NON-CURRENT LIABILITIES | $11.1B |
| TOTAL LIABILITIES | $23.4B |
| Common Stock | $888M |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | $16.3B |
| Treasury Stock | -$11.0B |
| Accum. Other Comp. Income | -$25M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $10.3B |
| TOTAL LIABILITIES & EQUITY | $33.8B |
| Total Debt | $8.1B |
| Net Debt | $549M |
