| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.8B | $1.5B | -7.8% | 13.0% |
| Op. Income | $621M | $759M | $534M | -18.2% | 16.3% |
| Gross Margin | 63.5% | 65.7% | 65.0% | -2.2pp | -1.5pp |
| Net Margin | 23.6% | 29.5% | 23.0% | -5.8pp | 0.7pp |
| EPS (Diluted) | $2.17 | $2.93 | $1.85 | -25.9% | 17.3% |
| Free Cash Flow | $600M | $631M | $404M | -4.9% | 48.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $610M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $441M |
| Other Expenses | $0 |
| Operating Expenses | $441M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $621M |
| Interest Income | $29M |
| Interest Expense | $27M |
| Other Income/Expenses | -$96M |
| INCOME BEFORE TAX | $525M |
| Income Tax Expense | $130M |
| Net Income from Continuing Ops | $395M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $395M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $395M |
| D&A | $113M |
| EBIT | $552M |
| EBITDA | $665M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $610M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $441M |
| Other Expenses | $0 |
| Operating Expenses | $441M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $621M |
| Interest Income | $29M |
| Interest Expense | $27M |
| Other Income/Expenses | -$96M |
| INCOME BEFORE TAX | $525M |
| Income Tax Expense | $130M |
| Net Income from Continuing Ops | $395M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $395M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $395M |
| D&A | $113M |
| EBIT | $552M |
| EBITDA | $665M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $395M |
| Depreciation & Amortization | $113M |
| Stock-Based Compensation | $54M |
| Deferred Income Tax | -$71M |
| Other Non-Cash Items | $18M |
| Change in Working Capital | $165M |
| OPERATING CASH FLOW | $674M |
| Capital Expenditure | -$74M |
| Acquisitions (Net) | -$111M |
| Purchases of Investments | -$28M |
| Sales/Maturities of Investments | $32M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$181M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$486M |
| Common Dividends Paid | -$155M |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$634M |
| FREE CASH FLOW | $600M |
| Net Change in Cash | -$234M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.4B |
| Short-Term Investments | $566M |
| Net Receivables | $1.9B |
| Inventory | $0 |
| Other Current Assets | $47M |
| TOTAL CURRENT ASSETS | $5.2B |
| PP&E (Net) | $872M |
| Goodwill | $6.0B |
| Intangible Assets | $1.9B |
| Long-Term Investments | $636M |
| Tax Assets | $293M |
| Other Non-Current Assets | $661M |
| TOTAL NON-CURRENT ASSETS | $10.3B |
| TOTAL ASSETS | $15.5B |
| Account Payables | $53M |
| Short-Term Debt | $799M |
| Deferred Revenue | $1.6B |
| Other Current Liabilities | $409M |
| TOTAL CURRENT LIABILITIES | $3.6B |
| Long-Term Debt | $6.7B |
| Deferred Revenue NC | $57M |
| Deferred Tax Liabilities | $449M |
| Other Non-Current Liabilities | $728M |
| TOTAL NON-CURRENT LIABILITIES | $8.2B |
| TOTAL LIABILITIES | $11.8B |
| Common Stock | $3M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $16.1B |
| Treasury Stock | -$13.3B |
| Accum. Other Comp. Income | -$638M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $162M |
| TOTAL EQUITY | $3.7B |
| TOTAL LIABILITIES & EQUITY | $15.5B |
| Total Debt | $7.7B |
| Net Debt | $5.3B |
