| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.0B | $11.9B | $10.9B | 0.9% | 9.8% |
| Op. Income | $2.6B | $1.6B | $2.0B | 66.3% | 28.5% |
| Gross Margin | 34.7% | 26.2% | 31.2% | 8.5pp | 3.5pp |
| Net Margin | 17.3% | 10.6% | 14.9% | 6.7pp | 2.5pp |
| EPS (Diluted) | $8.96 | $5.42 | $6.98 | 65.3% | 28.4% |
| Free Cash Flow | $2.1B | $3.9B | $2.1B | -46.7% | -1.9% |
| Item | Amount |
|---|---|
| REVENUE | $12.0B |
| Cost of Revenue | $7.8B |
| GROSS PROFIT | $4.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1.5B |
| SG&A Expenses | $1.5B |
| Other Expenses | $103M |
| Operating Expenses | $1.6B |
| Cost & Expenses | $9.4B |
| OPERATING INCOME | $2.6B |
| Interest Income | $0 |
| Interest Expense | $98M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2.6B |
| Income Tax Expense | $512M |
| Net Income from Continuing Ops | $2.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.1B |
| D&A | $163M |
| EBIT | $2.7B |
| EBITDA | $2.9B |
| EPS | $9 |
| EPS Diluted | $9 |
| Item | Amount |
|---|---|
| REVENUE | $12.0B |
| Cost of Revenue | $7.8B |
| GROSS PROFIT | $4.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1.5B |
| SG&A Expenses | $1.5B |
| Other Expenses | $103M |
| Operating Expenses | $1.6B |
| Cost & Expenses | $9.4B |
| OPERATING INCOME | $2.6B |
| Interest Income | $0 |
| Interest Expense | $98M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2.6B |
| Income Tax Expense | $512M |
| Net Income from Continuing Ops | $2.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.1B |
| D&A | $163M |
| EBIT | $2.7B |
| EBITDA | $2.9B |
| EPS | $9 |
| EPS Diluted | $9 |
| Item | Amount |
|---|---|
| Net Income | $2.1B |
| Depreciation & Amortization | $163M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$50M |
| Other Non-Cash Items | $2.2B |
| Change in Working Capital | -$2.4B |
| OPERATING CASH FLOW | $2.1B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5.3B |
| Sales/Maturities of Investments | $3.7B |
| Other Investing Activities | -$117M |
| NET CASH FROM INVESTING | -$1.7B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$258M |
| Common Dividends Paid | -$240M |
| Other Financing Activities | $76M |
| NET CASH FROM FINANCING | -$422M |
| FREE CASH FLOW | $2.1B |
| Net Change in Cash | -$73M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $568M |
| Short-Term Investments | $24.8B |
| Net Receivables | $22.3B |
| Inventory | $0 |
| Other Current Assets | -$48.8B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $4.2B |
| Intangible Assets | $360M |
| Long-Term Investments | $89.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$93.7B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $133.2B |
| Account Payables | $3.7B |
| Short-Term Debt | $100M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.8B |
| Long-Term Debt | $7.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $93.6B |
| TOTAL NON-CURRENT LIABILITIES | $101.5B |
| TOTAL LIABILITIES | $105.3B |
| Common Stock | $25.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $49.6B |
| Treasury Stock | -$42.3B |
| Accum. Other Comp. Income | -$5.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $27.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $27.9B |
| TOTAL LIABILITIES & EQUITY | $133.2B |
| Total Debt | $8.0B |
| Net Debt | $7.5B |
