| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.1B | $5.3B | $4.3B | 14.1% | 42.2% |
| Op. Income | $820M | $557M | $240M | 47.2% | 241.7% |
| Gross Margin | 45.4% | 45.9% | 45.9% | -0.5pp | -0.5pp |
| Net Margin | 10.5% | 7.5% | 3.9% | 3.1pp | 6.7pp |
| EPS (Diluted) | $12.60 | $7.83 | $3.25 | 60.9% | 287.7% |
| Free Cash Flow | $2.6B | $1.4B | $1.7B | 90.2% | 49.8% |
| Item | Amount |
|---|---|
| REVENUE | $6.1B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $2.7B |
| R&D Expenses | $512M |
| Selling & Marketing | $636M |
| General & Administrative | $254M |
| SG&A Expenses | $890M |
| Other Expenses | $527M |
| Operating Expenses | $1.9B |
| Cost & Expenses | $5.2B |
| OPERATING INCOME | $820M |
| Interest Income | $41M |
| Interest Expense | $48M |
| Other Income/Expenses | -$57M |
| INCOME BEFORE TAX | $763M |
| Income Tax Expense | $124M |
| Net Income from Continuing Ops | $639M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $639M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $639M |
| D&A | $152M |
| EBIT | $811M |
| EBITDA | $963M |
| EPS | $13 |
| EPS Diluted | $13 |
| Item | Amount |
|---|---|
| REVENUE | $6.1B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $2.7B |
| R&D Expenses | $512M |
| Selling & Marketing | $636M |
| General & Administrative | $254M |
| SG&A Expenses | $890M |
| Other Expenses | $527M |
| Operating Expenses | $1.9B |
| Cost & Expenses | $5.2B |
| OPERATING INCOME | $820M |
| Interest Income | $41M |
| Interest Expense | $48M |
| Other Income/Expenses | -$57M |
| INCOME BEFORE TAX | $763M |
| Income Tax Expense | $124M |
| Net Income from Continuing Ops | $639M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $639M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $639M |
| D&A | $152M |
| EBIT | $811M |
| EBITDA | $963M |
| EPS | $13 |
| EPS Diluted | $13 |
| Item | Amount |
|---|---|
| Net Income | $639M |
| Depreciation & Amortization | $152M |
| Stock-Based Compensation | $51M |
| Deferred Income Tax | -$69M |
| Other Non-Cash Items | $1.3B |
| Change in Working Capital | $883M |
| OPERATING CASH FLOW | $2.9B |
| Capital Expenditure | -$305M |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | -$4.6B |
| Sales/Maturities of Investments | $3.5B |
| Other Investing Activities | -$779M |
| NET CASH FROM INVESTING | -$2.1B |
| Net Debt Issuance | $757M |
| Common Stock Repurchased | $1.3K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1.3K |
| NET CASH FROM FINANCING | $757M |
| FREE CASH FLOW | $2.6B |
| Net Change in Cash | $1.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.6B |
| Short-Term Investments | $1.1B |
| Net Receivables | $10.5B |
| Inventory | $296M |
| Other Current Assets | $5.5B |
| TOTAL CURRENT ASSETS | $20.1B |
| PP&E (Net) | $2.5B |
| Goodwill | $149M |
| Intangible Assets | $61M |
| Long-Term Investments | $1.2B |
| Tax Assets | $802M |
| Other Non-Current Assets | $373M |
| TOTAL NON-CURRENT ASSETS | $5.1B |
| TOTAL ASSETS | $25.2B |
| Account Payables | $3.2B |
| Short-Term Debt | $2.8B |
| Deferred Revenue | $106M |
| Other Current Liabilities | $103M |
| TOTAL CURRENT LIABILITIES | $16.6B |
| Long-Term Debt | $2.8B |
| Deferred Revenue NC | $9M |
| Deferred Tax Liabilities | $204M |
| Other Non-Current Liabilities | $248M |
| TOTAL NON-CURRENT LIABILITIES | $4.2B |
| TOTAL LIABILITIES | $20.8B |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $3.8B |
| Treasury Stock | -$311M |
| Accum. Other Comp. Income | -$920M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.4B |
| TOTAL LIABILITIES & EQUITY | $25.2B |
| Total Debt | $6.8B |
| Net Debt | $4.2B |
