| Metric | FY 2024 | Prior Q | FY 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.5B | — | $4.2B | — | 7.3% |
| Op. Income | -$40M | — | -$387M | — | 89.5% |
| Gross Margin | 50.0% | — | 47.3% | — | 2.8pp |
| Net Margin | -2.5% | — | -24.4% | — | 22.0pp |
| EPS (Diluted) | $-0.66 | — | $-5.54 | — | 88.1% |
| Free Cash Flow | $657M | — | $364M | — | 80.9% |
| Item | Amount |
|---|---|
| REVENUE | $4.5B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $1.0B |
| Selling & Marketing | $814M |
| General & Administrative | $449M |
| SG&A Expenses | $1.3B |
| Other Expenses | $0 |
| Operating Expenses | $2.3B |
| Cost & Expenses | $4.5B |
| OPERATING INCOME | -$40M |
| Interest Income | $90M |
| Interest Expense | $0 |
| Other Income/Expenses | -$48M |
| INCOME BEFORE TAX | -$89M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | -$109M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$109M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$109M |
| D&A | $225M |
| EBIT | -$89M |
| EBITDA | $136M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$109M |
| Depreciation & Amortization | $183M |
| Stock-Based Compensation | $617M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $260M |
| Change in Working Capital | -$234M |
| OPERATING CASH FLOW | $716M |
| Capital Expenditure | -$59M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$924M |
| Sales/Maturities of Investments | $2.4B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $1.4B |
| Net Debt Issuance | -$13M |
| Common Stock Repurchased | -$2.3B |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$2.3B |
| FREE CASH FLOW | $657M |
| Net Change in Cash | -$224M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $421M |
| Short-Term Investments | $2.0B |
| Net Receivables | $589M |
| Inventory | $0 |
| Other Current Assets | $140M |
| TOTAL CURRENT ASSETS | $3.4B |
| PP&E (Net) | $244M |
| Goodwill | $5.2B |
| Intangible Assets | $239M |
| Long-Term Investments | $486M |
| Tax Assets | $0 |
| Other Non-Current Assets | $206M |
| TOTAL NON-CURRENT ASSETS | $6.4B |
| TOTAL ASSETS | $9.9B |
| Account Payables | $100M |
| Short-Term Debt | $0 |
| Deferred Revenue | $156M |
| Other Current Liabilities | $110M |
| TOTAL CURRENT LIABILITIES | $820M |
| Long-Term Debt | $991M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $153.0K |
| Additional Paid-In Capital | $15.5B |
| Retained Earnings | -$7.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $8.0B |
| TOTAL LIABILITIES & EQUITY | $9.9B |
| Total Debt | $1.1B |
| Net Debt | $689M |
