| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.8B | $3.7B | $3.4B | 1.8% | 10.3% |
| Op. Income | $990M | $1.2B | $1.1B | -16.0% | -5.8% |
| Gross Margin | 85.1% | 86.8% | 81.7% | -1.7pp | 3.4pp |
| Net Margin | 24.2% | 36.0% | 33.8% | -11.8pp | -9.5pp |
| EPS (Diluted) | $8.06 | $11.54 | $10.19 | -30.2% | -20.9% |
| Free Cash Flow | $996M | $1.1B | $776M | -10.1% | 28.3% |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $565M |
| GROSS PROFIT | $3.2B |
| R&D Expenses | $1.4B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $792M |
| Other Expenses | $16M |
| Operating Expenses | $2.2B |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $990M |
| Interest Income | $183M |
| Interest Expense | $11M |
| Other Income/Expenses | -$32M |
| INCOME BEFORE TAX | $958M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $918M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $918M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $918M |
| D&A | $126M |
| EBIT | $969M |
| EBITDA | $1.1B |
| EPS | $9 |
| EPS Diluted | $8 |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $565M |
| GROSS PROFIT | $3.2B |
| R&D Expenses | $1.4B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $792M |
| Other Expenses | $16M |
| Operating Expenses | $2.2B |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $990M |
| Interest Income | $183M |
| Interest Expense | $11M |
| Other Income/Expenses | -$32M |
| INCOME BEFORE TAX | $958M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $918M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $918M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $918M |
| D&A | $126M |
| EBIT | $969M |
| EBITDA | $1.1B |
| EPS | $9 |
| EPS Diluted | $8 |
| Item | Amount |
|---|---|
| Net Income | $918M |
| Depreciation & Amortization | $126M |
| Stock-Based Compensation | $304M |
| Deferred Income Tax | -$280M |
| Other Non-Cash Items | $281M |
| Change in Working Capital | -$86M |
| OPERATING CASH FLOW | $1.3B |
| Capital Expenditure | -$267M |
| Acquisitions (Net) | -$12M |
| Purchases of Investments | -$2.0B |
| Sales/Maturities of Investments | $2.6B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $351M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1.2B |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1.1B |
| FREE CASH FLOW | $996M |
| Net Change in Cash | $477M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.5B |
| Short-Term Investments | $6.5B |
| Net Receivables | $6.2B |
| Inventory | $3.1B |
| Other Current Assets | $349M |
| TOTAL CURRENT ASSETS | $18.7B |
| PP&E (Net) | $4.6B |
| Goodwill | $0 |
| Intangible Assets | $1.1B |
| Long-Term Investments | $8.9B |
| Tax Assets | $3.3B |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $19.1B |
| TOTAL ASSETS | $37.8B |
| Account Payables | $790M |
| Short-Term Debt | $0 |
| Deferred Revenue | $628M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.9B |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $186M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.6B |
| TOTAL NON-CURRENT LIABILITIES | $4.5B |
| TOTAL LIABILITIES | $8.4B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $12.9B |
| Retained Earnings | $31.7B |
| Treasury Stock | -$15.2B |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $29.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $29.4B |
| TOTAL LIABILITIES & EQUITY | $37.8B |
| Total Debt | $2.7B |
| Net Debt | $216M |
