| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $84.0B | — | $106.6B | — | -21.2% |
| Op. Income | -$3.5B | — | $10.3B | — | -133.4% |
| Gross Margin | 7.9% | — | 18.4% | — | -10.5pp |
| Net Margin | -0.2% | — | 8.4% | — | -8.6pp |
| EPS (Diluted) | $-0.06 | — | $2.90 | — | -102.1% |
| Free Cash Flow | -$7.3B | — | $3.9B | — | -286.4% |
| Item | Amount |
|---|---|
| REVENUE | $84.0B |
| Cost of Revenue | $77.4B |
| GROSS PROFIT | $6.7B |
| R&D Expenses | $3.5B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.7B |
| Other Expenses | $977M |
| Operating Expenses | $10.1B |
| Cost & Expenses | $87.5B |
| OPERATING INCOME | -$3.5B |
| Interest Income | $1.0B |
| Interest Expense | $765M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | -$3.5B |
| Income Tax Expense | -$3.3B |
| Net Income from Continuing Ops | -$148M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$177M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$177M |
| D&A | $5.5B |
| EBIT | -$2.8B |
| EBITDA | $2.7B |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$177M |
| Depreciation & Amortization | $4.2B |
| Stock-Based Compensation | -$28M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$6.3B |
| Change in Working Capital | $1.2B |
| OPERATING CASH FLOW | -$1.0B |
| Capital Expenditure | -$6.3B |
| Acquisitions (Net) | -$393M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2.4B |
| NET CASH FROM INVESTING | -$9.1B |
| Net Debt Issuance | $5.6B |
| Common Stock Repurchased | -$1.2B |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3.2B |
| NET CASH FROM FINANCING | $7.7B |
| FREE CASH FLOW | -$7.3B |
| Net Change in Cash | -$4.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $39.9B |
| Short-Term Investments | $3.5B |
| Net Receivables | $21.6B |
| Inventory | $24.4B |
| Other Current Assets | $3.8B |
| TOTAL CURRENT ASSETS | $95.4B |
| PP&E (Net) | $52.6B |
| Goodwill | $17.9B |
| Intangible Assets | $45.6B |
| Long-Term Investments | $13.9B |
| Tax Assets | $5.1B |
| Other Non-Current Assets | $12.2B |
| TOTAL NON-CURRENT ASSETS | $147.4B |
| TOTAL ASSETS | $242.7B |
| Account Payables | $34.7B |
| Short-Term Debt | $13.3B |
| Deferred Revenue | $834M |
| Other Current Liabilities | $21.9B |
| TOTAL CURRENT LIABILITIES | $87.9B |
| Long-Term Debt | $27.3B |
| Deferred Revenue NC | $2.4B |
| Deferred Tax Liabilities | $5.3B |
| Other Non-Current Liabilities | $21.9B |
| TOTAL NON-CURRENT LIABILITIES | $58.8B |
| TOTAL LIABILITIES | $146.7B |
| Common Stock | $43M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $90.4B |
| Treasury Stock | -$333M |
| Accum. Other Comp. Income | $5.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $95.5B |
| Minority Interest | $495M |
| TOTAL EQUITY | $96.0B |
| TOTAL LIABILITIES & EQUITY | $242.7B |
| Total Debt | $43.5B |
| Net Debt | $3.7B |
