| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $25.7B | $25.2B | $25.2B | 2.1% | 2.1% |
| Op. Income | $1.6B | $2.7B | $2.1B | -41.7% | -23.3% |
| Gross Margin | 16.3% | 19.8% | 17.6% | -3.6pp | -1.4pp |
| Net Margin | 9.0% | 8.6% | 31.5% | 0.4pp | -22.5pp |
| EPS (Diluted) | $0.66 | $0.62 | $2.27 | 6.1% | -71.0% |
| Free Cash Flow | $2.0B | $2.7B | $2.1B | -25.8% | -1.4% |
| Item | Amount |
|---|---|
| REVENUE | $25.7B |
| Cost of Revenue | $21.5B |
| GROSS PROFIT | $4.2B |
| R&D Expenses | $1.3B |
| Selling & Marketing | $0 |
| General & Administrative | $1.3B |
| SG&A Expenses | $1.3B |
| Other Expenses | $7M |
| Operating Expenses | $2.6B |
| Cost & Expenses | $24.1B |
| OPERATING INCOME | $1.6B |
| Interest Income | $442M |
| Interest Expense | $96M |
| Other Income/Expenses | $1.2B |
| INCOME BEFORE TAX | $2.8B |
| Income Tax Expense | $434M |
| Net Income from Continuing Ops | $2.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.3B |
| D&A | $1.5B |
| EBIT | $2.9B |
| EBITDA | $4.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $25.7B |
| Cost of Revenue | $21.5B |
| GROSS PROFIT | $4.2B |
| R&D Expenses | $1.3B |
| Selling & Marketing | $0 |
| General & Administrative | $1.3B |
| SG&A Expenses | $1.3B |
| Other Expenses | $7M |
| Operating Expenses | $2.6B |
| Cost & Expenses | $24.1B |
| OPERATING INCOME | $1.6B |
| Interest Income | $442M |
| Interest Expense | $96M |
| Other Income/Expenses | $1.2B |
| INCOME BEFORE TAX | $2.8B |
| Income Tax Expense | $434M |
| Net Income from Continuing Ops | $2.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.3B |
| D&A | $1.5B |
| EBIT | $2.9B |
| EBITDA | $4.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.3B |
| Depreciation & Amortization | $1.5B |
| Stock-Based Compensation | $579M |
| Deferred Income Tax | $59M |
| Other Non-Cash Items | -$682M |
| Change in Working Capital | $1.0B |
| OPERATING CASH FLOW | $4.8B |
| Capital Expenditure | -$2.8B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$15.2B |
| Sales/Maturities of Investments | $10.3B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7.6B |
| Net Debt Issuance | $577M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$45M |
| NET CASH FROM FINANCING | $985M |
| FREE CASH FLOW | $2.0B |
| Net Change in Cash | -$1.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16.1B |
| Short-Term Investments | $20.4B |
| Net Receivables | $4.4B |
| Inventory | $12.0B |
| Other Current Assets | $5.4B |
| TOTAL CURRENT ASSETS | $58.4B |
| PP&E (Net) | $51.5B |
| Goodwill | $244M |
| Intangible Assets | $1.2B |
| Long-Term Investments | $0 |
| Tax Assets | $6.5B |
| Other Non-Current Assets | $4.2B |
| TOTAL NON-CURRENT ASSETS | $63.7B |
| TOTAL ASSETS | $122.1B |
| Account Payables | $12.5B |
| Short-Term Debt | $2.3B |
| Deferred Revenue | $4.2B |
| Other Current Liabilities | $3.8B |
| TOTAL CURRENT LIABILITIES | $28.8B |
| Long-Term Debt | $5.5B |
| Deferred Revenue NC | $3.3B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.9B |
| TOTAL NON-CURRENT LIABILITIES | $19.6B |
| TOTAL LIABILITIES | $48.4B |
| Common Stock | $3M |
| Additional Paid-In Capital | $38.4B |
| Retained Earnings | $35.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$670M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $72.9B |
| Minority Interest | $767M |
| TOTAL EQUITY | $73.7B |
| TOTAL LIABILITIES & EQUITY | $122.1B |
| Total Debt | $13.6B |
| Net Debt | -$2.5B |
