| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $836M | $642M | $607M | 30.1% | 37.7% |
| Op. Income | $287M | $331M | $310M | -13.3% | -7.4% |
| Gross Margin | 43.2% | 45.3% | 46.2% | -2.2pp | -3.0pp |
| Net Margin | 22.5% | 37.4% | 40.7% | -14.9pp | -18.2pp |
| EPS (Diluted) | $1.63 | $2.09 | $2.12 | -22.0% | -23.1% |
| Free Cash Flow | -$1.9B | $149M | $253M | -1358.0% | -841.7% |
| Item | Amount |
|---|---|
| REVENUE | $836M |
| Cost of Revenue | $475M |
| GROSS PROFIT | $361M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $42M |
| SG&A Expenses | $42M |
| Other Expenses | $32M |
| Operating Expenses | $74M |
| Cost & Expenses | $549M |
| OPERATING INCOME | $287M |
| Interest Income | $783.0K |
| Interest Expense | $46M |
| Other Income/Expenses | -$46M |
| INCOME BEFORE TAX | $241M |
| Income Tax Expense | $53M |
| Net Income from Continuing Ops | $188M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $188M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $188M |
| D&A | $261M |
| EBIT | $288M |
| EBITDA | $548M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $836M |
| Cost of Revenue | $475M |
| GROSS PROFIT | $361M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $42M |
| SG&A Expenses | $42M |
| Other Expenses | $32M |
| Operating Expenses | $74M |
| Cost & Expenses | $549M |
| OPERATING INCOME | $287M |
| Interest Income | $783.0K |
| Interest Expense | $46M |
| Other Income/Expenses | -$46M |
| INCOME BEFORE TAX | $241M |
| Income Tax Expense | $53M |
| Net Income from Continuing Ops | $188M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $188M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $188M |
| D&A | $261M |
| EBIT | $288M |
| EBITDA | $548M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $188M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $58M |
| Other Non-Cash Items | $297M |
| Change in Working Capital | $27M |
| OPERATING CASH FLOW | $578M |
| Capital Expenditure | -$2.5B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$346M |
| NET CASH FROM INVESTING | -$2.4B |
| Net Debt Issuance | $58M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$23M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $34M |
| FREE CASH FLOW | -$1.9B |
| Net Change in Cash | -$1.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $0 |
| Short-Term Investments | $0 |
| Net Receivables | $361M |
| Inventory | $0 |
| Other Current Assets | $74M |
| TOTAL CURRENT ASSETS | $435M |
| PP&E (Net) | $8.0B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $4M |
| Tax Assets | $0 |
| Other Non-Current Assets | $145M |
| TOTAL NON-CURRENT ASSETS | $8.1B |
| TOTAL ASSETS | $8.6B |
| Account Payables | $83M |
| Short-Term Debt | $22M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $333M |
| TOTAL CURRENT LIABILITIES | $790M |
| Long-Term Debt | $2.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $545M |
| Other Non-Current Liabilities | $185M |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $4.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $2.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.2B |
| TOTAL LIABILITIES & EQUITY | $8.6B |
| Total Debt | $2.8B |
| Net Debt | $2.8B |
