| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | $1.1B | -1.3% | 15.4% |
| Op. Income | $259M | $252M | $211M | 2.9% | 22.9% |
| Gross Margin | 59.0% | 59.0% | 58.9% | 0.0pp | 0.1pp |
| Net Margin | 16.8% | 15.3% | 13.2% | 1.5pp | 3.6pp |
| EPS (Diluted) | $1.95 | $1.80 | $1.33 | 8.3% | 46.6% |
| Free Cash Flow | -$648M | -$1.1B | $314M | 40.5% | -306.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $529M |
| GROSS PROFIT | $761M |
| R&D Expenses | $0 |
| Selling & Marketing | $11M |
| General & Administrative | $165M |
| SG&A Expenses | $177M |
| Other Expenses | $325M |
| Operating Expenses | $501M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $259M |
| Interest Income | $1.1B |
| Interest Expense | $472M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $259M |
| Income Tax Expense | $43M |
| Net Income from Continuing Ops | $217M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $217M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $214M |
| D&A | $36M |
| EBIT | $259M |
| EBITDA | $295M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $529M |
| GROSS PROFIT | $761M |
| R&D Expenses | $0 |
| Selling & Marketing | $11M |
| General & Administrative | $165M |
| SG&A Expenses | $177M |
| Other Expenses | $325M |
| Operating Expenses | $501M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $259M |
| Interest Income | $1.1B |
| Interest Expense | $472M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $259M |
| Income Tax Expense | $43M |
| Net Income from Continuing Ops | $217M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $217M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $214M |
| D&A | $36M |
| EBIT | $259M |
| EBITDA | $295M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $217M |
| Depreciation & Amortization | $36M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $22M |
| Other Non-Cash Items | -$1.6B |
| Change in Working Capital | $723M |
| OPERATING CASH FLOW | -$622M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.6B |
| Sales/Maturities of Investments | $3.6B |
| Other Investing Activities | -$341M |
| NET CASH FROM INVESTING | $587M |
| Net Debt Issuance | $3.3B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$45M |
| Other Financing Activities | -$1.7B |
| NET CASH FROM FINANCING | $1.5B |
| FREE CASH FLOW | -$648M |
| Net Change in Cash | $1.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.1B |
| Short-Term Investments | $4.4B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8.5B |
| PP&E (Net) | $489M |
| Goodwill | $527M |
| Intangible Assets | $1.3B |
| Long-Term Investments | $66.9B |
| Tax Assets | $281M |
| Other Non-Current Assets | $3.0B |
| TOTAL NON-CURRENT ASSETS | $72.4B |
| TOTAL ASSETS | $80.9B |
| Account Payables | $0 |
| Short-Term Debt | $3.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $66.3B |
| TOTAL CURRENT LIABILITIES | $69.5B |
| Long-Term Debt | $3.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $4.7B |
| TOTAL LIABILITIES | $74.2B |
| Common Stock | $2.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $4.8B |
| Treasury Stock | -$125M |
| Accum. Other Comp. Income | -$534M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.7B |
| TOTAL LIABILITIES & EQUITY | $80.9B |
| Total Debt | $6.6B |
| Net Debt | $2.5B |
