| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21.9B | $20.2B | $20.5B | 8.5% | 6.8% |
| Op. Income | $4.6B | $4.8B | $3.5B | -4.4% | 31.8% |
| Gross Margin | 59.8% | 65.1% | 59.0% | -5.3pp | 0.9pp |
| Net Margin | 13.6% | 15.2% | 9.8% | -1.5pp | 3.8pp |
| EPS (Diluted) | $2.56 | $2.61 | $1.67 | -1.9% | 53.3% |
| Free Cash Flow | $2.5B | $1.8B | $2.5B | 42.2% | 0.6% |
| Item | Amount |
|---|---|
| REVENUE | $21.9B |
| Cost of Revenue | $8.8B |
| GROSS PROFIT | $13.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.4B |
| Other Expenses | $3.1B |
| Operating Expenses | $8.5B |
| Cost & Expenses | $17.3B |
| OPERATING INCOME | $4.6B |
| Interest Income | $0 |
| Interest Expense | $841M |
| Other Income/Expenses | -$747M |
| INCOME BEFORE TAX | $3.8B |
| Income Tax Expense | $858M |
| Net Income from Continuing Ops | $3.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.0B |
| D&A | $3.1B |
| EBIT | $4.7B |
| EBITDA | $7.8B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $21.9B |
| Cost of Revenue | $8.8B |
| GROSS PROFIT | $13.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.4B |
| Other Expenses | $3.1B |
| Operating Expenses | $8.5B |
| Cost & Expenses | $17.3B |
| OPERATING INCOME | $4.6B |
| Interest Income | $0 |
| Interest Expense | $841M |
| Other Income/Expenses | -$747M |
| INCOME BEFORE TAX | $3.8B |
| Income Tax Expense | $858M |
| Net Income from Continuing Ops | $3.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.0B |
| D&A | $3.1B |
| EBIT | $4.7B |
| EBITDA | $7.8B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $3.0B |
| Depreciation & Amortization | $3.1B |
| Stock-Based Compensation | $175M |
| Deferred Income Tax | $841M |
| Other Non-Cash Items | $121M |
| Change in Working Capital | -$1.7B |
| OPERATING CASH FLOW | $5.5B |
| Capital Expenditure | -$3.0B |
| Acquisitions (Net) | $17M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$105M |
| NET CASH FROM INVESTING | -$2.3B |
| Net Debt Issuance | -$1.7B |
| Common Stock Repurchased | -$4.7B |
| Common Dividends Paid | -$1.0B |
| Other Financing Activities | -$73M |
| NET CASH FROM FINANCING | -$7.5B |
| FREE CASH FLOW | $2.5B |
| Net Change in Cash | -$4.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.4B |
| Short-Term Investments | $0 |
| Net Receivables | $8.7B |
| Inventory | $1.6B |
| Other Current Assets | $1.9B |
| TOTAL CURRENT ASSETS | $18.4B |
| PP&E (Net) | $67.0B |
| Goodwill | $13.0B |
| Intangible Assets | $103.1B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6.5B |
| TOTAL NON-CURRENT ASSETS | $189.6B |
| TOTAL ASSETS | $208.0B |
| Account Payables | $3.8B |
| Short-Term Debt | $4.5B |
| Deferred Revenue | $1.2B |
| Other Current Liabilities | $2.0B |
| TOTAL CURRENT LIABILITIES | $20.2B |
| Long-Term Debt | $74.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $16.7B |
| Other Non-Current Liabilities | $4.0B |
| TOTAL NON-CURRENT LIABILITIES | $126.1B |
| TOTAL LIABILITIES | $146.3B |
| Common Stock | $0 |
| Additional Paid-In Capital | $68.8B |
| Retained Earnings | $14.4B |
| Treasury Stock | -$20.6B |
| Accum. Other Comp. Income | -$857M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $61.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $61.7B |
| TOTAL LIABILITIES & EQUITY | $208.0B |
| Total Debt | $114.4B |
| Net Debt | $109.0B |
