| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $873M | $740M | $819M | 17.9% | 6.5% |
| Op. Income | $292M | $211M | $264M | 38.4% | 10.6% |
| Gross Margin | 60.1% | 59.3% | 61.2% | 0.8pp | -1.1pp |
| Net Margin | 26.5% | 21.8% | 26.4% | 4.7pp | 0.1pp |
| EPS (Diluted) | $3.88 | $2.71 | $3.65 | 43.2% | 6.3% |
| Free Cash Flow | $188M | $179M | $189M | 5.1% | -0.3% |
| Item | Amount |
|---|---|
| REVENUE | $873M |
| Cost of Revenue | $349M |
| GROSS PROFIT | $524M |
| R&D Expenses | $47M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $173M |
| Other Expenses | $12M |
| Operating Expenses | $232M |
| Cost & Expenses | $580M |
| OPERATING INCOME | $292M |
| Interest Income | $5M |
| Interest Expense | $19M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $277M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $231M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $231M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $231M |
| D&A | $49M |
| EBIT | $296M |
| EBITDA | $345M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $873M |
| Cost of Revenue | $349M |
| GROSS PROFIT | $524M |
| R&D Expenses | $47M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $173M |
| Other Expenses | $12M |
| Operating Expenses | $232M |
| Cost & Expenses | $580M |
| OPERATING INCOME | $292M |
| Interest Income | $5M |
| Interest Expense | $19M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $277M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $231M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $231M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $231M |
| D&A | $49M |
| EBIT | $296M |
| EBITDA | $345M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $231M |
| Depreciation & Amortization | $49M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$53M |
| OPERATING CASH FLOW | $240M |
| Capital Expenditure | -$52M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$933.0K |
| Sales/Maturities of Investments | $924.0K |
| Other Investing Activities | -$9.0K |
| NET CASH FROM INVESTING | -$52M |
| Net Debt Issuance | -$200M |
| Common Stock Repurchased | -$66.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | -$194M |
| FREE CASH FLOW | $188M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $324M |
| Short-Term Investments | $934.0K |
| Net Receivables | $733M |
| Inventory | $477M |
| Other Current Assets | $133M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $725M |
| Goodwill | $1.3B |
| Intangible Assets | $568M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $296M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $100M |
| Short-Term Debt | $0 |
| Deferred Revenue | $251M |
| Other Current Liabilities | $243M |
| TOTAL CURRENT LIABILITIES | $790M |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $259M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $9.8B |
| Treasury Stock | -$10.1B |
| Accum. Other Comp. Income | -$155M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $1.7B |
| Net Debt | $1.4B |
