| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.0B | $12.4B | $12.6B | -2.8% | -4.6% |
| Op. Income | $111M | $556M | $87M | -80.1% | 27.0% |
| Gross Margin | 6.0% | 8.2% | 5.8% | -2.1pp | 0.2pp |
| Net Margin | -2.4% | 2.5% | -1.1% | -4.9pp | -1.3pp |
| EPS (Diluted) | $-0.96 | $0.96 | $-0.46 | -199.5% | -108.4% |
| Free Cash Flow | $23M | -$433M | -$344M | 105.3% | 106.7% |
| Item | Amount |
|---|---|
| REVENUE | $12.0B |
| Cost of Revenue | $11.3B |
| GROSS PROFIT | $727M |
| R&D Expenses | $35M |
| Selling & Marketing | $95M |
| General & Administrative | $408M |
| SG&A Expenses | $504M |
| Other Expenses | $78M |
| Operating Expenses | $616M |
| Cost & Expenses | $11.9B |
| OPERATING INCOME | $111M |
| Interest Income | $93M |
| Interest Expense | $159M |
| Other Income/Expenses | -$713M |
| INCOME BEFORE TAX | -$602M |
| Income Tax Expense | -$128M |
| Net Income from Continuing Ops | -$475M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$289M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$289M |
| D&A | $677M |
| EBIT | $39M |
| EBITDA | $716M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$436M |
| Depreciation & Amortization | $677M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$116M |
| Other Non-Cash Items | $894M |
| Change in Working Capital | $499M |
| OPERATING CASH FLOW | $1.5B |
| Capital Expenditure | -$1.5B |
| Acquisitions (Net) | -$99M |
| Purchases of Investments | -$3.5B |
| Sales/Maturities of Investments | $3.7B |
| Other Investing Activities | -$26M |
| NET CASH FROM INVESTING | -$1.2B |
| Net Debt Issuance | -$1.1B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$128M |
| Other Financing Activities | $174M |
| NET CASH FROM FINANCING | -$1.1B |
| FREE CASH FLOW | $23M |
| Net Change in Cash | -$649M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.6B |
| Short-Term Investments | $5.4B |
| Net Receivables | $7.3B |
| Inventory | $9.5B |
| Other Current Assets | $2.3B |
| TOTAL CURRENT ASSETS | $29.3B |
| PP&E (Net) | $26.9B |
| Goodwill | $242M |
| Intangible Assets | $2.9B |
| Long-Term Investments | $3.2B |
| Tax Assets | -$64M |
| Other Non-Current Assets | $7.3B |
| TOTAL NON-CURRENT ASSETS | $40.5B |
| TOTAL ASSETS | $69.8B |
| Account Payables | $4.2B |
| Short-Term Debt | $7.5B |
| Deferred Revenue | $328 |
| Other Current Liabilities | $2.7B |
| TOTAL CURRENT LIABILITIES | $15.4B |
| Long-Term Debt | $10.0B |
| Deferred Revenue NC | $64M |
| Deferred Tax Liabilities | $1.8B |
| Other Non-Current Liabilities | $576M |
| TOTAL NON-CURRENT LIABILITIES | $12.9B |
| TOTAL LIABILITIES | $28.3B |
| Common Stock | $326M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $36.2B |
| Treasury Stock | -$1.0B |
| Accum. Other Comp. Income | $780M |
| Other Equity | $1 |
| TOTAL STOCKHOLDERS' EQUITY | $37.4B |
| Minority Interest | $4.1B |
| TOTAL EQUITY | $41.5B |
| TOTAL LIABILITIES & EQUITY | $69.8B |
| Total Debt | $18.2B |
| Net Debt | $13.6B |
