| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.9B | $5.0B | $4.7B | -1.4% | 3.7% |
| Op. Income | $973M | $1.0B | $539M | -5.4% | 80.5% |
| Gross Margin | 45.5% | 44.4% | 39.1% | 1.1pp | 6.4pp |
| Net Margin | 15.7% | 15.8% | 9.3% | -0.1pp | 6.5pp |
| EPS (Diluted) | $1.91 | $1.94 | $1.03 | -1.5% | 85.4% |
| Free Cash Flow | $2.4B | $2.8B | $2.3B | -14.8% | 1.6% |
| Item | Amount |
|---|---|
| REVENUE | $4.9B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $147M |
| General & Administrative | $435M |
| SG&A Expenses | $582M |
| Other Expenses | $685M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $3.9B |
| OPERATING INCOME | $973M |
| Interest Income | $5.7B |
| Interest Expense | $1.1B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $973M |
| Income Tax Expense | $199M |
| Net Income from Continuing Ops | $774M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $774M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $753M |
| D&A | $120M |
| EBIT | $973M |
| EBITDA | $1.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $4.9B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $147M |
| General & Administrative | $435M |
| SG&A Expenses | $582M |
| Other Expenses | $685M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $3.9B |
| OPERATING INCOME | $973M |
| Interest Income | $5.7B |
| Interest Expense | $1.1B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $973M |
| Income Tax Expense | $199M |
| Net Income from Continuing Ops | $774M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $774M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $753M |
| D&A | $120M |
| EBIT | $973M |
| EBITDA | $1.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $774M |
| Depreciation & Amortization | $120M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$18M |
| Other Non-Cash Items | $1.7B |
| Change in Working Capital | -$238M |
| OPERATING CASH FLOW | $2.4B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.4B |
| Sales/Maturities of Investments | $655M |
| Other Investing Activities | -$4.2B |
| NET CASH FROM INVESTING | -$5.0B |
| Net Debt Issuance | -$175M |
| Common Stock Repurchased | -$101M |
| Common Dividends Paid | -$97M |
| Other Financing Activities | -$223M |
| NET CASH FROM FINANCING | -$617M |
| FREE CASH FLOW | $2.4B |
| Net Change in Cash | -$3.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14.7B |
| Short-Term Investments | $3.1B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $17.8B |
| PP&E (Net) | $0 |
| Goodwill | $1.3B |
| Intangible Assets | $854M |
| Long-Term Investments | $104.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$5.2B |
| TOTAL NON-CURRENT ASSETS | $101.7B |
| TOTAL ASSETS | $119.5B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $82.1B |
| TOTAL CURRENT LIABILITIES | $82.1B |
| Long-Term Debt | $15.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.4B |
| TOTAL NON-CURRENT LIABILITIES | $20.8B |
| TOTAL LIABILITIES | $102.9B |
| Common Stock | $1M |
| Additional Paid-In Capital | $9.9B |
| Retained Earnings | $21.6B |
| Treasury Stock | -$16.1B |
| Accum. Other Comp. Income | -$59M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $16.6B |
| TOTAL LIABILITIES & EQUITY | $119.5B |
| Total Debt | $15.5B |
| Net Debt | $751M |
