| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.7B | $3.9B | $3.3B | -6.6% | 12.7% |
| Op. Income | $594M | $601M | $146M | -1.1% | 307.5% |
| Gross Margin | 53.6% | 49.8% | 47.0% | 3.8pp | 6.6pp |
| Net Margin | 12.4% | 11.8% | 3.5% | 0.6pp | 8.9pp |
| EPS (Diluted) | $2.26 | $2.22 | $0.52 | 1.8% | 334.6% |
| Free Cash Flow | -$2.9B | $402M | $2.6B | -811.4% | -210.4% |
| Item | Amount |
|---|---|
| REVENUE | $3.7B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $2.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $25M |
| General & Administrative | $640M |
| SG&A Expenses | $664M |
| Other Expenses | $712M |
| Operating Expenses | $1.4B |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $594M |
| Interest Income | $2.3B |
| Interest Expense | $1.7B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $594M |
| Income Tax Expense | $139M |
| Net Income from Continuing Ops | $455M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $455M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $447M |
| D&A | $183M |
| EBIT | $594M |
| EBITDA | $777M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $3.7B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $2.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $25M |
| General & Administrative | $640M |
| SG&A Expenses | $664M |
| Other Expenses | $712M |
| Operating Expenses | $1.4B |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $594M |
| Interest Income | $2.3B |
| Interest Expense | $1.7B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $594M |
| Income Tax Expense | $139M |
| Net Income from Continuing Ops | $455M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $455M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $447M |
| D&A | $183M |
| EBIT | $594M |
| EBITDA | $777M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $455M |
| Depreciation & Amortization | $183M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$403M |
| Change in Working Capital | -$2.9B |
| OPERATING CASH FLOW | -$2.6B |
| Capital Expenditure | -$227M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$10.2B |
| Sales/Maturities of Investments | $8.8B |
| Other Investing Activities | -$777M |
| NET CASH FROM INVESTING | -$2.2B |
| Net Debt Issuance | -$354M |
| Common Stock Repurchased | -$254M |
| Common Dividends Paid | -$148M |
| Other Financing Activities | $3.9B |
| NET CASH FROM FINANCING | $3.2B |
| FREE CASH FLOW | -$2.9B |
| Net Change in Cash | -$2.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $45.4B |
| Short-Term Investments | $11.1B |
| Net Receivables | $41M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $56.6B |
| PP&E (Net) | $490M |
| Goodwill | $695M |
| Intangible Assets | $0 |
| Long-Term Investments | $83.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $14.4B |
| TOTAL NON-CURRENT ASSETS | $98.9B |
| TOTAL ASSETS | $155.5B |
| Account Payables | $0 |
| Short-Term Debt | $2.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $122.5B |
| TOTAL CURRENT LIABILITIES | $125.1B |
| Long-Term Debt | $13.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4.2B |
| TOTAL NON-CURRENT LIABILITIES | $17.6B |
| TOTAL LIABILITIES | $142.7B |
| Common Stock | $409M |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $15.6B |
| Treasury Stock | -$4.3B |
| Accum. Other Comp. Income | -$814M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $12.8B |
| TOTAL LIABILITIES & EQUITY | $155.5B |
| Total Debt | $16.0B |
| Net Debt | -$29.4B |
