| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $30.9B | $25.7B | $31.9B | 20.4% | -3.1% |
| Op. Income | $1.5B | $1.2B | $1.9B | 25.6% | -21.3% |
| Gross Margin | 26.0% | 28.3% | 26.7% | -2.3pp | -0.7pp |
| Net Margin | 3.6% | 3.3% | 4.3% | 0.2pp | -0.8pp |
| EPS (Diluted) | $2.41 | $1.85 | $2.98 | 30.3% | -19.1% |
| Free Cash Flow | $2.4B | $84M | $2.4B | 2716.7% | -2.8% |
| Item | Amount |
|---|---|
| REVENUE | $30.9B |
| Cost of Revenue | $22.9B |
| GROSS PROFIT | $8.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.9B |
| Other Expenses | $646M |
| Operating Expenses | $6.6B |
| Cost & Expenses | $29.4B |
| OPERATING INCOME | $1.5B |
| Interest Income | $0 |
| Interest Expense | $90M |
| Other Income/Expenses | -$61M |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $303M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $766M |
| EBIT | $1.5B |
| EBITDA | $2.3B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $30.9B |
| Cost of Revenue | $22.9B |
| GROSS PROFIT | $8.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.9B |
| Other Expenses | $646M |
| Operating Expenses | $6.6B |
| Cost & Expenses | $29.4B |
| OPERATING INCOME | $1.5B |
| Interest Income | $0 |
| Interest Expense | $90M |
| Other Income/Expenses | -$61M |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $303M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $766M |
| EBIT | $1.5B |
| EBITDA | $2.3B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $1.1B |
| Depreciation & Amortization | $766M |
| Stock-Based Compensation | $75M |
| Deferred Income Tax | -$122M |
| Other Non-Cash Items | $27M |
| Change in Working Capital | $1.4B |
| OPERATING CASH FLOW | $3.3B |
| Capital Expenditure | -$923M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$918M |
| Net Debt Issuance | -$27M |
| Common Stock Repurchased | -$501M |
| Common Dividends Paid | -$513M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$1.0B |
| FREE CASH FLOW | $2.4B |
| Net Change in Cash | $1.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.8B |
| Short-Term Investments | $0 |
| Net Receivables | $1.5B |
| Inventory | $12.7B |
| Other Current Assets | $185M |
| TOTAL CURRENT ASSETS | $19.5B |
| PP&E (Net) | $36.8B |
| Goodwill | $631M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $899M |
| TOTAL NON-CURRENT ASSETS | $38.3B |
| TOTAL ASSETS | $57.8B |
| Account Payables | $13.1B |
| Short-Term Debt | $1.6B |
| Deferred Revenue | $1.2B |
| Other Current Liabilities | $1.3B |
| TOTAL CURRENT LIABILITIES | $20.8B |
| Long-Term Debt | $14.3B |
| Deferred Revenue NC | $388M |
| Deferred Tax Liabilities | $2.3B |
| Other Non-Current Liabilities | $1.7B |
| TOTAL NON-CURRENT LIABILITIES | $22.3B |
| TOTAL LIABILITIES | $43.1B |
| Common Stock | $38M |
| Additional Paid-In Capital | $7.0B |
| Retained Earnings | $8.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$458M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $14.7B |
| TOTAL LIABILITIES & EQUITY | $57.8B |
| Total Debt | $19.9B |
| Net Debt | $15.1B |
