| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.2B | $3.2B | $3.2B | 0.4% | 2.4% |
| Op. Income | $2.9B | $886M | $478M | 232.7% | 517.1% |
| Gross Margin | 109.8% | 97.0% | 97.8% | 12.8pp | 12.0pp |
| Net Margin | 10.8% | 20.1% | 10.5% | -9.3pp | 0.3pp |
| EPS (Diluted) | $1.92 | $3.46 | $1.69 | -44.5% | 13.6% |
| Free Cash Flow | $454M | $352M | $298M | 28.8% | 52.4% |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | -$316M |
| GROSS PROFIT | $3.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | -$2.8B |
| Other Expenses | $3.8B |
| Operating Expenses | $928M |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $2.9B |
| Interest Income | $0 |
| Interest Expense | $53M |
| Other Income/Expenses | -$2.5B |
| INCOME BEFORE TAX | $446M |
| Income Tax Expense | $97M |
| Net Income from Continuing Ops | $349M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $349M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $349M |
| D&A | $26M |
| EBIT | $498M |
| EBITDA | $524M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | -$316M |
| GROSS PROFIT | $3.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | -$2.8B |
| Other Expenses | $3.8B |
| Operating Expenses | $928M |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $2.9B |
| Interest Income | $0 |
| Interest Expense | $53M |
| Other Income/Expenses | -$2.5B |
| INCOME BEFORE TAX | $446M |
| Income Tax Expense | $97M |
| Net Income from Continuing Ops | $349M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $349M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $349M |
| D&A | $26M |
| EBIT | $498M |
| EBITDA | $524M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $349M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $48M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $153M |
| Change in Working Capital | -$90M |
| OPERATING CASH FLOW | $486M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $81M |
| NET CASH FROM INVESTING | $49M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$473M |
| Common Dividends Paid | -$77M |
| Other Financing Activities | $15M |
| NET CASH FROM FINANCING | -$535M |
| FREE CASH FLOW | $454M |
| Net Change in Cash | -$600.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $163M |
| Short-Term Investments | $1.4B |
| Net Receivables | $1.5B |
| Inventory | $0 |
| Other Current Assets | -$1.5B |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $0 |
| Goodwill | $349M |
| Intangible Assets | $2.9B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $11.0B |
| TOTAL NON-CURRENT ASSETS | $14.3B |
| TOTAL ASSETS | $15.7B |
| Account Payables | $0 |
| Short-Term Debt | $275M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $275M |
| Long-Term Debt | $3.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $47.5B |
| TOTAL NON-CURRENT LIABILITIES | $4.4B |
| TOTAL LIABILITIES | $42.6B |
| Common Stock | $20M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $12.9B |
| Treasury Stock | -$938M |
| Accum. Other Comp. Income | -$2.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $11.0B |
| TOTAL LIABILITIES & EQUITY | $53.5B |
| Total Debt | $3.7B |
| Net Debt | $3.7B |
