| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $722M | $690M | $623M | 4.6% | 15.8% |
| Op. Income | $154M | $141M | $123M | 9.1% | 25.8% |
| Gross Margin | 67.8% | 66.7% | 67.8% | 1.1pp | 0.0pp |
| Net Margin | 13.8% | 17.5% | 13.1% | -3.7pp | 0.7pp |
| EPS (Diluted) | $1.54 | $1.86 | $1.24 | -17.2% | 24.2% |
| Free Cash Flow | $225M | $132M | $161M | 70.9% | 40.2% |
| Item | Amount |
|---|---|
| REVENUE | $722M |
| Cost of Revenue | $232M |
| GROSS PROFIT | $489M |
| R&D Expenses | $95M |
| Selling & Marketing | $177M |
| General & Administrative | $65M |
| SG&A Expenses | $242M |
| Other Expenses | -$2M |
| Operating Expenses | $335M |
| Cost & Expenses | $567M |
| OPERATING INCOME | $154M |
| Interest Income | $23M |
| Interest Expense | $6M |
| Other Income/Expenses | $17M |
| INCOME BEFORE TAX | $171M |
| Income Tax Expense | $72M |
| Net Income from Continuing Ops | $100M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $100M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $100M |
| D&A | $49M |
| EBIT | $152M |
| EBITDA | $200M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $722M |
| Cost of Revenue | $232M |
| GROSS PROFIT | $489M |
| R&D Expenses | $95M |
| Selling & Marketing | $177M |
| General & Administrative | $65M |
| SG&A Expenses | $242M |
| Other Expenses | -$2M |
| Operating Expenses | $335M |
| Cost & Expenses | $567M |
| OPERATING INCOME | $154M |
| Interest Income | $23M |
| Interest Expense | $6M |
| Other Income/Expenses | $17M |
| INCOME BEFORE TAX | $171M |
| Income Tax Expense | $72M |
| Net Income from Continuing Ops | $100M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $100M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $100M |
| D&A | $49M |
| EBIT | $152M |
| EBITDA | $200M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $100M |
| Depreciation & Amortization | $49M |
| Stock-Based Compensation | $48M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $57M |
| OPERATING CASH FLOW | $250M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | -$20M |
| Purchases of Investments | -$363M |
| Sales/Maturities of Investments | $77M |
| Other Investing Activities | -$17M |
| NET CASH FROM INVESTING | -$330M |
| Net Debt Issuance | -$105M |
| Common Stock Repurchased | -$95M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $105M |
| NET CASH FROM FINANCING | -$95M |
| FREE CASH FLOW | $225M |
| Net Change in Cash | -$184M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $482M |
| Short-Term Investments | $1.1B |
| Net Receivables | $648M |
| Inventory | $0 |
| Other Current Assets | $129M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $278M |
| Goodwill | $1.8B |
| Intangible Assets | $231M |
| Long-Term Investments | $0 |
| Tax Assets | $219M |
| Other Non-Current Assets | $213M |
| TOTAL NON-CURRENT ASSETS | $2.8B |
| TOTAL ASSETS | $5.3B |
| Account Payables | $111M |
| Short-Term Debt | $459M |
| Deferred Revenue | $299M |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $66M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $58M |
| TOTAL NON-CURRENT LIABILITIES | $218M |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $19M |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $2.7B |
| Treasury Stock | -$1.3B |
| Accum. Other Comp. Income | -$71M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $13M |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $5.3B |
| Total Debt | $564M |
| Net Debt | $82M |
