| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.6B | $1.6B | 3.8% | 5.4% |
| Op. Income | $366M | $366M | $309M | 0.0% | 18.4% |
| Gross Margin | 70.5% | 71.7% | 68.0% | -1.1pp | 2.6pp |
| Net Margin | 17.5% | 19.5% | 15.5% | -2.0pp | 2.0pp |
| EPS (Diluted) | $1.37 | $1.48 | $1.13 | -7.4% | 21.2% |
| Free Cash Flow | $567M | $448M | $196M | 26.6% | 189.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $492M |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $271M |
| Selling & Marketing | $460M |
| General & Administrative | $78M |
| SG&A Expenses | $538M |
| Other Expenses | $1M |
| Operating Expenses | $810M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $366M |
| Interest Income | $32M |
| Interest Expense | $16M |
| Other Income/Expenses | $14M |
| INCOME BEFORE TAX | $380M |
| Income Tax Expense | $89M |
| Net Income from Continuing Ops | $291M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $291M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $291M |
| D&A | $64M |
| EBIT | $396M |
| EBITDA | $460M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $492M |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $271M |
| Selling & Marketing | $460M |
| General & Administrative | $78M |
| SG&A Expenses | $538M |
| Other Expenses | $1M |
| Operating Expenses | $810M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $366M |
| Interest Income | $32M |
| Interest Expense | $16M |
| Other Income/Expenses | $14M |
| INCOME BEFORE TAX | $380M |
| Income Tax Expense | $89M |
| Net Income from Continuing Ops | $291M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $291M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $291M |
| D&A | $64M |
| EBIT | $396M |
| EBITDA | $460M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $291M |
| Depreciation & Amortization | $64M |
| Stock-Based Compensation | $88M |
| Deferred Income Tax | $55M |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $121M |
| OPERATING CASH FLOW | $613M |
| Capital Expenditure | -$46M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$972M |
| Sales/Maturities of Investments | $721M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$297M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | -$104M |
| Other Financing Activities | -$20M |
| NET CASH FROM FINANCING | -$224M |
| FREE CASH FLOW | $567M |
| Net Change in Cash | $83M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.9B |
| Short-Term Investments | $1.3B |
| Net Receivables | $1.0B |
| Inventory | $186M |
| Other Current Assets | $452M |
| TOTAL CURRENT ASSETS | $4.9B |
| PP&E (Net) | $851M |
| Goodwill | $2.8B |
| Intangible Assets | $124M |
| Long-Term Investments | $85M |
| Tax Assets | $896M |
| Other Non-Current Assets | $275M |
| TOTAL NON-CURRENT ASSETS | $5.0B |
| TOTAL ASSETS | $9.9B |
| Account Payables | $517M |
| Short-Term Debt | $400M |
| Deferred Revenue | $2.2B |
| Other Current Liabilities | $973M |
| TOTAL CURRENT LIABILITIES | $4.1B |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $2.1B |
| Deferred Tax Liabilities | $153M |
| Other Non-Current Liabilities | $212M |
| TOTAL NON-CURRENT LIABILITIES | $4.6B |
| TOTAL LIABILITIES | $8.7B |
| Common Stock | $997M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $208M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$59M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $9.9B |
| Total Debt | $2.7B |
| Net Debt | $749M |
