| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | $1.0B | 6.3% | 32.2% |
| Op. Income | $225M | $191M | $74M | 17.8% | 204.1% |
| Gross Margin | 48.6% | 48.8% | 44.4% | -0.3pp | 4.2pp |
| Net Margin | 12.2% | 10.9% | 1.7% | 1.3pp | 10.5pp |
| EPS (Diluted) | $3.14 | $2.64 | $0.33 | 18.9% | 851.5% |
| Free Cash Flow | $288M | $277M | $102M | 4.0% | 182.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $686M |
| GROSS PROFIT | $648M |
| R&D Expenses | $138M |
| Selling & Marketing | $151M |
| General & Administrative | $107M |
| SG&A Expenses | $258M |
| Other Expenses | $27M |
| Operating Expenses | $423M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $225M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $208M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $163M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $163M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $163M |
| D&A | $42M |
| EBIT | $267M |
| EBITDA | $309M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $686M |
| GROSS PROFIT | $648M |
| R&D Expenses | $138M |
| Selling & Marketing | $151M |
| General & Administrative | $107M |
| SG&A Expenses | $258M |
| Other Expenses | $27M |
| Operating Expenses | $423M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $225M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $208M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $163M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $163M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $163M |
| D&A | $42M |
| EBIT | $267M |
| EBITDA | $309M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $163M |
| Depreciation & Amortization | $42M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | -$32M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $110M |
| OPERATING CASH FLOW | $306M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $43M |
| Common Stock Repurchased | -$31M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$75M |
| NET CASH FROM FINANCING | -$63M |
| FREE CASH FLOW | $288M |
| Net Change in Cash | $225M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $901M |
| Short-Term Investments | $0 |
| Net Receivables | $712M |
| Inventory | $693M |
| Other Current Assets | $134M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $472M |
| Goodwill | $3.9B |
| Intangible Assets | $422M |
| Long-Term Investments | $110M |
| Tax Assets | $512M |
| Other Non-Current Assets | $121M |
| TOTAL NON-CURRENT ASSETS | $5.5B |
| TOTAL ASSETS | $8.0B |
| Account Payables | $633M |
| Short-Term Debt | $79M |
| Deferred Revenue | $453M |
| Other Current Liabilities | $217M |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $304M |
| Deferred Tax Liabilities | $57M |
| Other Non-Current Liabilities | $70M |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $4.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $669M |
| Retained Earnings | $4.9B |
| Treasury Stock | -$1.9B |
| Accum. Other Comp. Income | -$44M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $8.0B |
| Total Debt | $2.4B |
| Net Debt | $1.5B |
