| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $741M | $628M | $606M | 18.0% | 22.3% |
| Op. Income | $195M | $108M | $144M | 80.0% | 35.2% |
| Gross Margin | 81.7% | 80.5% | 83.4% | 1.3pp | -1.6pp |
| Net Margin | 24.6% | 15.0% | 16.1% | 9.6pp | 8.5pp |
| EPS (Diluted) | $0.36 | $0.19 | $0.19 | 89.5% | 89.5% |
| Free Cash Flow | $177M | $222M | $64M | -20.3% | 177.6% |
| Item | Amount |
|---|---|
| REVENUE | $741M |
| Cost of Revenue | $135M |
| GROSS PROFIT | $606M |
| R&D Expenses | $128M |
| Selling & Marketing | $151M |
| General & Administrative | $132M |
| SG&A Expenses | $283M |
| Other Expenses | $0 |
| Operating Expenses | $410M |
| Cost & Expenses | $546M |
| OPERATING INCOME | $195M |
| Interest Income | $25M |
| Interest Expense | $0 |
| Other Income/Expenses | $26M |
| INCOME BEFORE TAX | $222M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $182M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $182M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $182M |
| D&A | $24M |
| EBIT | $195M |
| EBITDA | $219M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $741M |
| Cost of Revenue | $135M |
| GROSS PROFIT | $606M |
| R&D Expenses | $128M |
| Selling & Marketing | $151M |
| General & Administrative | $132M |
| SG&A Expenses | $283M |
| Other Expenses | $0 |
| Operating Expenses | $410M |
| Cost & Expenses | $546M |
| OPERATING INCOME | $195M |
| Interest Income | $25M |
| Interest Expense | $0 |
| Other Income/Expenses | $26M |
| INCOME BEFORE TAX | $222M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $182M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $182M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $182M |
| D&A | $24M |
| EBIT | $195M |
| EBITDA | $219M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $182M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $129M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$57M |
| Change in Working Capital | -$79M |
| OPERATING CASH FLOW | $199M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$193M |
| Sales/Maturities of Investments | $154M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$61M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$57M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $67M |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | $177M |
| Net Change in Cash | $148M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $552M |
| Net Receivables | $3.3B |
| Inventory | $0 |
| Other Current Assets | $85M |
| TOTAL CURRENT ASSETS | $5.3B |
| PP&E (Net) | $473M |
| Goodwill | $0 |
| Intangible Assets | $15M |
| Long-Term Investments | $0 |
| Tax Assets | $230M |
| Other Non-Current Assets | $58M |
| TOTAL NON-CURRENT ASSETS | $775M |
| TOTAL ASSETS | $6.1B |
| Account Payables | $2.6B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.9B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $42M |
| TOTAL NON-CURRENT LIABILITIES | $289M |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $0 |
| Additional Paid-In Capital | $2.6B |
| Retained Earnings | $354M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $6.1B |
| Total Debt | $312M |
| Net Debt | -$1.1B |
