| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $491M | $325M | $474M | 51.0% | 3.5% |
| Op. Income | $143M | -$12M | $155M | 1326.2% | -7.9% |
| Gross Margin | 79.1% | 70.2% | 80.9% | 8.9pp | -1.7pp |
| Net Margin | 24.3% | -4.4% | 30.1% | 28.7pp | -5.8pp |
| EPS (Diluted) | $0.62 | $-0.08 | $0.77 | 838.1% | -19.5% |
| Free Cash Flow | $92M | $27M | $77M | 237.5% | 19.5% |
| Item | Amount |
|---|---|
| REVENUE | $491M |
| Cost of Revenue | $102M |
| GROSS PROFIT | $388M |
| R&D Expenses | $76M |
| Selling & Marketing | $140M |
| General & Administrative | $28M |
| SG&A Expenses | $168M |
| Other Expenses | $1M |
| Operating Expenses | $245M |
| Cost & Expenses | $348M |
| OPERATING INCOME | $143M |
| Interest Income | $7M |
| Interest Expense | $2M |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | $154M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $119M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $119M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $119M |
| D&A | $22M |
| EBIT | $156M |
| EBITDA | $178M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $491M |
| Cost of Revenue | $102M |
| GROSS PROFIT | $388M |
| R&D Expenses | $76M |
| Selling & Marketing | $140M |
| General & Administrative | $28M |
| SG&A Expenses | $168M |
| Other Expenses | $1M |
| Operating Expenses | $245M |
| Cost & Expenses | $348M |
| OPERATING INCOME | $143M |
| Interest Income | $7M |
| Interest Expense | $2M |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | $154M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $119M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $119M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $119M |
| D&A | $22M |
| EBIT | $156M |
| EBITDA | $178M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $119M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $35M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | -$71M |
| OPERATING CASH FLOW | $95M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$142M |
| Sales/Maturities of Investments | $158M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $13M |
| Net Debt Issuance | -$34M |
| Common Stock Repurchased | -$59M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $39M |
| NET CASH FROM FINANCING | -$57M |
| FREE CASH FLOW | $92M |
| Net Change in Cash | $42M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $337M |
| Short-Term Investments | $403M |
| Net Receivables | $553M |
| Inventory | $0 |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $104M |
| Goodwill | $81M |
| Intangible Assets | $4M |
| Long-Term Investments | $21M |
| Tax Assets | $4M |
| Other Non-Current Assets | $220M |
| TOTAL NON-CURRENT ASSETS | $435M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $6M |
| Short-Term Debt | $467M |
| Deferred Revenue | $424M |
| Other Current Liabilities | $145M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $2M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $27M |
| TOTAL NON-CURRENT LIABILITIES | $97M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $861.0K |
| Additional Paid-In Capital | $527M |
| Retained Earnings | $88M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$30M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $585M |
| Minority Interest | $0 |
| TOTAL EQUITY | $585M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $550M |
| Net Debt | $213M |
