| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.3B | $3.4B | $3.3B | -1.5% | 1.3% |
| Op. Income | $882M | $909M | $626M | -3.0% | 41.0% |
| Gross Margin | 66.5% | 65.2% | 62.3% | 1.3pp | 4.2pp |
| Net Margin | 20.4% | 21.3% | 14.6% | -0.9pp | 5.8pp |
| EPS (Diluted) | $3.86 | $4.02 | $2.74 | -4.0% | 40.9% |
| Free Cash Flow | $1.6B | -$58M | $712M | 2843.1% | 123.3% |
| Item | Amount |
|---|---|
| REVENUE | $3.3B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $30M |
| General & Administrative | $780M |
| SG&A Expenses | $810M |
| Other Expenses | $530M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $882M |
| Interest Income | $2.7B |
| Interest Expense | $979M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $882M |
| Income Tax Expense | $201M |
| Net Income from Continuing Ops | $681M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $681M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $644M |
| D&A | $129M |
| EBIT | $882M |
| EBITDA | $1.0B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $3.3B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $30M |
| General & Administrative | $780M |
| SG&A Expenses | $810M |
| Other Expenses | $530M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $882M |
| Interest Income | $2.7B |
| Interest Expense | $979M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $882M |
| Income Tax Expense | $201M |
| Net Income from Continuing Ops | $681M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $681M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $644M |
| D&A | $129M |
| EBIT | $882M |
| EBITDA | $1.0B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $681M |
| Depreciation & Amortization | $129M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$14M |
| Other Non-Cash Items | $146M |
| Change in Working Capital | $734M |
| OPERATING CASH FLOW | $1.7B |
| Capital Expenditure | -$85M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3.4B |
| Sales/Maturities of Investments | $1.4B |
| Other Investing Activities | $4.4B |
| NET CASH FROM INVESTING | $2.3B |
| Net Debt Issuance | -$382M |
| Common Stock Repurchased | -$198M |
| Common Dividends Paid | -$224M |
| Other Financing Activities | -$3.4B |
| NET CASH FROM FINANCING | -$4.3B |
| FREE CASH FLOW | $1.6B |
| Net Change in Cash | -$307M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20.8B |
| Short-Term Investments | $14.4B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $35.3B |
| PP&E (Net) | $1.7B |
| Goodwill | $8.5B |
| Intangible Assets | $94M |
| Long-Term Investments | $153.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $9.5B |
| TOTAL NON-CURRENT ASSETS | $172.8B |
| TOTAL ASSETS | $208.1B |
| Account Payables | $0 |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $161.1B |
| TOTAL CURRENT LIABILITIES | $162.2B |
| Long-Term Debt | $12.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4.3B |
| TOTAL NON-CURRENT LIABILITIES | $16.9B |
| TOTAL LIABILITIES | $179.1B |
| Common Stock | $91M |
| Additional Paid-In Capital | $10.0B |
| Retained Earnings | $19.1B |
| Treasury Stock | -$2.4B |
| Accum. Other Comp. Income | -$164M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $29.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $29.0B |
| TOTAL LIABILITIES & EQUITY | $208.1B |
| Total Debt | $13.7B |
| Net Debt | -$7.1B |
