| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18.4B | $18.3B | $19.0B | 0.8% | -3.1% |
| Op. Income | $1.4B | $2.0B | $941M | -30.7% | 46.8% |
| Gross Margin | 26.4% | 29.8% | 16.7% | -3.4pp | 9.7pp |
| Net Margin | 6.9% | 7.3% | 3.2% | -0.4pp | 3.7pp |
| EPS (Diluted) | $1.78 | $1.81 | $0.77 | -1.7% | 131.2% |
| Free Cash Flow | $5.1B | $4.2B | $5.7B | 23.0% | -10.3% |
| Item | Amount |
|---|---|
| REVENUE | $18.4B |
| Cost of Revenue | $13.6B |
| GROSS PROFIT | $4.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1.5B |
| SG&A Expenses | $1.5B |
| Other Expenses | $2.0B |
| Operating Expenses | $3.5B |
| Cost & Expenses | $17.1B |
| OPERATING INCOME | $1.4B |
| Interest Income | $0 |
| Interest Expense | $259M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $106M |
| Net Income from Continuing Ops | $1.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $0 |
| EBIT | $1.6B |
| EBITDA | $1.6B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $18.4B |
| Cost of Revenue | $13.6B |
| GROSS PROFIT | $4.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1.5B |
| SG&A Expenses | $1.5B |
| Other Expenses | $2.0B |
| Operating Expenses | $3.5B |
| Cost & Expenses | $17.1B |
| OPERATING INCOME | $1.4B |
| Interest Income | $0 |
| Interest Expense | $259M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $106M |
| Net Income from Continuing Ops | $1.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $0 |
| EBIT | $1.6B |
| EBITDA | $1.6B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $1.3B |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2.0B |
| Change in Working Capital | $1.9B |
| OPERATING CASH FLOW | $5.1B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | -$270M |
| Purchases of Investments | -$22.5B |
| Sales/Maturities of Investments | $17.0B |
| Other Investing Activities | $402M |
| NET CASH FROM INVESTING | -$5.4B |
| Net Debt Issuance | -$248M |
| Common Stock Repurchased | -$406M |
| Common Dividends Paid | -$378M |
| Other Financing Activities | $545M |
| NET CASH FROM FINANCING | -$519M |
| FREE CASH FLOW | $5.1B |
| Net Change in Cash | -$1.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20.1B |
| Short-Term Investments | $88.7B |
| Net Receivables | $34.3B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $143.0B |
| PP&E (Net) | $1.9B |
| Goodwill | $8.9B |
| Intangible Assets | $19.6B |
| Long-Term Investments | $346.7B |
| Tax Assets | $3.0B |
| Other Non-Current Assets | $154.4B |
| TOTAL NON-CURRENT ASSETS | $534.4B |
| TOTAL ASSETS | $677.5B |
| Account Payables | $0 |
| Short-Term Debt | $465M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $240.5B |
| TOTAL CURRENT LIABILITIES | $258.1B |
| Long-Term Debt | $18.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $132M |
| Other Non-Current Liabilities | $373.3B |
| TOTAL NON-CURRENT LIABILITIES | $391.7B |
| TOTAL LIABILITIES | $649.8B |
| Common Stock | $12M |
| Additional Paid-In Capital | $33.8B |
| Retained Earnings | $42.6B |
| Treasury Stock | -$27.8B |
| Accum. Other Comp. Income | -$21.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $27.4B |
| Minority Interest | $258M |
| TOTAL EQUITY | $27.7B |
| TOTAL LIABILITIES & EQUITY | $677.5B |
| Total Debt | $18.7B |
| Net Debt | -$1.4B |
