| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22.1B | $18.1B | $6.1B | 22.0% | 265.3% |
| Op. Income | $13.6B | $10.4B | $1.3B | 30.7% | 983.9% |
| Gross Margin | 76.0% | 74.0% | 63.3% | 2.0pp | 12.6pp |
| Net Margin | 55.6% | 51.0% | 23.4% | 4.6pp | 32.2pp |
| EPS (Diluted) | $0.49 | $0.37 | $0.06 | 32.4% | 758.1% |
| Free Cash Flow | $11.2B | $7.1B | $1.7B | 59.4% | 546.6% |
| Item | Amount |
|---|---|
| REVENUE | $22.1B |
| Cost of Revenue | $5.3B |
| GROSS PROFIT | $16.8B |
| R&D Expenses | $2.5B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $712M |
| Other Expenses | $0 |
| Operating Expenses | $3.2B |
| Cost & Expenses | $8.5B |
| OPERATING INCOME | $13.6B |
| Interest Income | $294M |
| Interest Expense | $63M |
| Other Income/Expenses | $492M |
| INCOME BEFORE TAX | $14.1B |
| Income Tax Expense | $1.8B |
| Net Income from Continuing Ops | $12.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12.3B |
| D&A | $387M |
| EBIT | $14.2B |
| EBITDA | $14.6B |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $22.1B |
| Cost of Revenue | $5.3B |
| GROSS PROFIT | $16.8B |
| R&D Expenses | $2.5B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $712M |
| Other Expenses | $0 |
| Operating Expenses | $3.2B |
| Cost & Expenses | $8.5B |
| OPERATING INCOME | $13.6B |
| Interest Income | $294M |
| Interest Expense | $63M |
| Other Income/Expenses | $492M |
| INCOME BEFORE TAX | $14.1B |
| Income Tax Expense | $1.8B |
| Net Income from Continuing Ops | $12.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12.3B |
| D&A | $387M |
| EBIT | $14.2B |
| EBITDA | $14.6B |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12.3B |
| Depreciation & Amortization | $387M |
| Stock-Based Compensation | $994M |
| Deferred Income Tax | -$78M |
| Other Non-Cash Items | -$370M |
| Change in Working Capital | -$1.7B |
| OPERATING CASH FLOW | $11.5B |
| Capital Expenditure | -$254M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7.6B |
| Sales/Maturities of Investments | $1.8B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6.1B |
| Net Debt Issuance | $1.3B |
| Common Stock Repurchased | -$2.7B |
| Common Dividends Paid | -$99M |
| Other Financing Activities | -$2.1B |
| NET CASH FROM FINANCING | -$3.6B |
| FREE CASH FLOW | $11.2B |
| Net Change in Cash | $1.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.3B |
| Short-Term Investments | $18.7B |
| Net Receivables | $10.0B |
| Inventory | $5.3B |
| Other Current Assets | $3.1B |
| TOTAL CURRENT ASSETS | $44.3B |
| PP&E (Net) | $5.3B |
| Goodwill | $4.4B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $1.3B |
| Tax Assets | $6.1B |
| Other Non-Current Assets | $3.2B |
| TOTAL NON-CURRENT ASSETS | $21.4B |
| TOTAL ASSETS | $65.7B |
| Account Payables | $2.7B |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $764M |
| Other Current Liabilities | $614M |
| TOTAL CURRENT LIABILITIES | $10.6B |
| Long-Term Debt | $8.5B |
| Deferred Revenue NC | $573M |
| Deferred Tax Liabilities | $462M |
| Other Non-Current Liabilities | $1.5B |
| TOTAL NON-CURRENT LIABILITIES | $12.1B |
| TOTAL LIABILITIES | $22.8B |
| Common Stock | $25M |
| Additional Paid-In Capital | $13.1B |
| Retained Earnings | $29.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $27M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $43.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $43.0B |
| TOTAL LIABILITIES & EQUITY | $65.7B |
| Total Debt | $11.1B |
| Net Debt | $3.8B |
