| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10.7B | $10.8B | $10.4B | -1.1% | 2.7% |
| Op. Income | $2.1B | $2.1B | $1.0B | 1.7% | 110.8% |
| Gross Margin | 60.2% | 58.2% | 59.9% | 2.0pp | 0.3pp |
| Net Margin | 15.6% | 15.9% | 8.2% | -0.3pp | 7.4pp |
| EPS (Diluted) | $1.01 | $1.03 | $0.49 | -1.9% | 106.1% |
| Free Cash Flow | $4.8B | $972M | $416M | 390.3% | 1045.7% |
| Item | Amount |
|---|---|
| REVENUE | $10.7B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $6.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $160M |
| General & Administrative | $2.6B |
| SG&A Expenses | $2.8B |
| Other Expenses | $1.5B |
| Operating Expenses | $4.3B |
| Cost & Expenses | $8.6B |
| OPERATING INCOME | $2.1B |
| Interest Income | $7.8B |
| Interest Expense | $3.7B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | $438M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.6B |
| D&A | $238M |
| EBIT | $2.1B |
| EBITDA | $2.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $10.7B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $6.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $160M |
| General & Administrative | $2.6B |
| SG&A Expenses | $2.8B |
| Other Expenses | $1.5B |
| Operating Expenses | $4.3B |
| Cost & Expenses | $8.6B |
| OPERATING INCOME | $2.1B |
| Interest Income | $7.8B |
| Interest Expense | $3.7B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | $438M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.6B |
| D&A | $238M |
| EBIT | $2.1B |
| EBITDA | $2.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.7B |
| Depreciation & Amortization | $238M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1.3B |
| Change in Working Capital | $1.5B |
| OPERATING CASH FLOW | $4.8B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$12.7B |
| Sales/Maturities of Investments | $6.2B |
| Other Investing Activities | -$6.4B |
| NET CASH FROM INVESTING | -$12.9B |
| Net Debt Issuance | -$5.1B |
| Common Stock Repurchased | -$122M |
| Common Dividends Paid | -$785M |
| Other Financing Activities | -$2.8B |
| NET CASH FROM FINANCING | -$9.0B |
| FREE CASH FLOW | $4.8B |
| Net Change in Cash | -$17.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $56.5B |
| Short-Term Investments | $86.4B |
| Net Receivables | $8.3B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $151.1B |
| PP&E (Net) | $3.6B |
| Goodwill | $12.5B |
| Intangible Assets | $5.5B |
| Long-Term Investments | $444.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $61.0B |
| TOTAL NON-CURRENT ASSETS | $527.2B |
| TOTAL ASSETS | $678.3B |
| Account Payables | $0 |
| Short-Term Debt | $15.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $518.3B |
| TOTAL CURRENT LIABILITIES | $533.8B |
| Long-Term Debt | $58.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $27.4B |
| TOTAL NON-CURRENT LIABILITIES | $85.5B |
| TOTAL LIABILITIES | $619.3B |
| Common Stock | $21M |
| Additional Paid-In Capital | $8.7B |
| Retained Earnings | $76.9B |
| Treasury Stock | -$24.1B |
| Accum. Other Comp. Income | -$9.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $58.6B |
| Minority Interest | $462M |
| TOTAL EQUITY | $59.0B |
| TOTAL LIABILITIES & EQUITY | $678.3B |
| Total Debt | $73.5B |
| Net Debt | $17.0B |
