| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $736M | $749M | $615M | -1.7% | 19.7% |
| Op. Income | $358M | $343M | $260M | 4.3% | 37.5% |
| Gross Margin | 89.7% | 88.9% | 88.4% | 0.8pp | 1.2pp |
| Net Margin | 40.9% | 41.3% | 35.3% | -0.3pp | 5.6pp |
| EPS (Diluted) | $6.19 | $6.39 | $4.36 | -3.1% | 42.0% |
| Free Cash Flow | $255M | $301M | $72M | -15.4% | 253.5% |
| Item | Amount |
|---|---|
| REVENUE | $736M |
| Cost of Revenue | $76M |
| GROSS PROFIT | $660M |
| R&D Expenses | $134M |
| Selling & Marketing | $27M |
| General & Administrative | $136M |
| SG&A Expenses | $163M |
| Other Expenses | $6M |
| Operating Expenses | $302M |
| Cost & Expenses | $378M |
| OPERATING INCOME | $358M |
| Interest Income | $49M |
| Interest Expense | $8M |
| Other Income/Expenses | $39M |
| INCOME BEFORE TAX | $397M |
| Income Tax Expense | $95M |
| Net Income from Continuing Ops | $301M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $301M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $301M |
| D&A | $20M |
| EBIT | $404M |
| EBITDA | $424M |
| EPS | $7 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| REVENUE | $736M |
| Cost of Revenue | $76M |
| GROSS PROFIT | $660M |
| R&D Expenses | $134M |
| Selling & Marketing | $27M |
| General & Administrative | $136M |
| SG&A Expenses | $163M |
| Other Expenses | $6M |
| Operating Expenses | $302M |
| Cost & Expenses | $378M |
| OPERATING INCOME | $358M |
| Interest Income | $49M |
| Interest Expense | $8M |
| Other Income/Expenses | $39M |
| INCOME BEFORE TAX | $397M |
| Income Tax Expense | $95M |
| Net Income from Continuing Ops | $301M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $301M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $301M |
| D&A | $20M |
| EBIT | $404M |
| EBITDA | $424M |
| EPS | $7 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| Net Income | $301M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $341M |
| Capital Expenditure | -$87M |
| Acquisitions (Net) | -$30M |
| Purchases of Investments | -$479M |
| Sales/Maturities of Investments | $478M |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$123M |
| Net Debt Issuance | -$100M |
| Common Stock Repurchased | -$300.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $26M |
| NET CASH FROM FINANCING | -$75M |
| FREE CASH FLOW | $255M |
| Net Change in Cash | $143M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $1.6B |
| Net Receivables | $279M |
| Inventory | $158M |
| Other Current Assets | $170M |
| TOTAL CURRENT ASSETS | $3.9B |
| PP&E (Net) | $1.2B |
| Goodwill | $32M |
| Intangible Assets | $80M |
| Long-Term Investments | $1.5B |
| Tax Assets | $458M |
| Other Non-Current Assets | $222M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $7.4B |
| Account Payables | $6M |
| Short-Term Debt | $300M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $94M |
| TOTAL CURRENT LIABILITIES | $738M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $182M |
| TOTAL NON-CURRENT LIABILITIES | $182M |
| TOTAL LIABILITIES | $920M |
| Common Stock | $800.0K |
| Additional Paid-In Capital | $2.7B |
| Retained Earnings | $7.2B |
| Treasury Stock | -$3.5B |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.4B |
| TOTAL LIABILITIES & EQUITY | $7.4B |
| Total Debt | $300M |
| Net Debt | -$1.4B |
