| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $746M | $751M | $654M | -0.8% | 14.0% |
| Op. Income | $184M | $181M | $129M | 1.5% | 42.6% |
| Gross Margin | 53.0% | 50.8% | 47.4% | 2.2pp | 5.6pp |
| Net Margin | 20.3% | 19.5% | 14.5% | 0.8pp | 5.8pp |
| EPS (Diluted) | $1.91 | $1.86 | $1.19 | 2.7% | 60.5% |
| Free Cash Flow | $472M | $96M | $91M | 391.9% | 420.6% |
| Item | Amount |
|---|---|
| REVENUE | $746M |
| Cost of Revenue | $350M |
| GROSS PROFIT | $395M |
| R&D Expenses | $0 |
| Selling & Marketing | $8M |
| General & Administrative | $196M |
| SG&A Expenses | $204M |
| Other Expenses | $8M |
| Operating Expenses | $212M |
| Cost & Expenses | $562M |
| OPERATING INCOME | $184M |
| Interest Income | $684M |
| Interest Expense | $321M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $184M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $151M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $151M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $147M |
| D&A | $26M |
| EBIT | $184M |
| EBITDA | $210M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $746M |
| Cost of Revenue | $350M |
| GROSS PROFIT | $395M |
| R&D Expenses | $0 |
| Selling & Marketing | $8M |
| General & Administrative | $196M |
| SG&A Expenses | $204M |
| Other Expenses | $8M |
| Operating Expenses | $212M |
| Cost & Expenses | $562M |
| OPERATING INCOME | $184M |
| Interest Income | $684M |
| Interest Expense | $321M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $184M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $151M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $151M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $147M |
| D&A | $26M |
| EBIT | $184M |
| EBITDA | $210M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $151M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$10M |
| Other Non-Cash Items | $16M |
| Change in Working Capital | $307M |
| OPERATING CASH FLOW | $500M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$585M |
| Sales/Maturities of Investments | $262M |
| Other Investing Activities | -$1.2B |
| NET CASH FROM INVESTING | -$1.5B |
| Net Debt Issuance | -$250M |
| Common Stock Repurchased | -$681.0K |
| Common Dividends Paid | -$17M |
| Other Financing Activities | $1.9B |
| NET CASH FROM FINANCING | $1.6B |
| FREE CASH FLOW | $472M |
| Net Change in Cash | $603M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.3B |
| Short-Term Investments | $5.6B |
| Net Receivables | $214M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $9.1B |
| PP&E (Net) | $311M |
| Goodwill | $1.8B |
| Intangible Assets | $21M |
| Long-Term Investments | $38.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.8B |
| TOTAL NON-CURRENT ASSETS | $43.5B |
| TOTAL ASSETS | $52.6B |
| Account Payables | $56M |
| Short-Term Debt | $230M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $42.8B |
| TOTAL CURRENT LIABILITIES | $43.1B |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $729M |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $46.2B |
| Common Stock | $77M |
| Additional Paid-In Capital | $3.1B |
| Retained Earnings | $3.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$168M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.4B |
| TOTAL LIABILITIES & EQUITY | $52.6B |
| Total Debt | $2.5B |
| Net Debt | -$812M |
