| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | $1.2B | -1.6% | 5.6% |
| Op. Income | $270M | $277M | $150M | -2.5% | 80.0% |
| Gross Margin | 62.1% | 61.1% | 61.5% | 1.0pp | 0.5pp |
| Net Margin | 17.2% | 16.8% | 10.6% | 0.4pp | 6.6pp |
| EPS (Diluted) | $1.34 | $1.37 | $0.78 | -2.2% | 71.8% |
| Free Cash Flow | $489M | $97M | -$274M | 404.1% | 278.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $476M |
| GROSS PROFIT | $779M |
| R&D Expenses | $0 |
| Selling & Marketing | $10M |
| General & Administrative | $343M |
| SG&A Expenses | $353M |
| Other Expenses | $156M |
| Operating Expenses | $509M |
| Cost & Expenses | $985M |
| OPERATING INCOME | $270M |
| Interest Income | $1.1B |
| Interest Expense | $435M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $270M |
| Income Tax Expense | $54M |
| Net Income from Continuing Ops | $216M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $216M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $198M |
| D&A | $29M |
| EBIT | $270M |
| EBITDA | $299M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $476M |
| GROSS PROFIT | $779M |
| R&D Expenses | $0 |
| Selling & Marketing | $10M |
| General & Administrative | $343M |
| SG&A Expenses | $353M |
| Other Expenses | $156M |
| Operating Expenses | $509M |
| Cost & Expenses | $985M |
| OPERATING INCOME | $270M |
| Interest Income | $1.1B |
| Interest Expense | $435M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $270M |
| Income Tax Expense | $54M |
| Net Income from Continuing Ops | $216M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $216M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $198M |
| D&A | $29M |
| EBIT | $270M |
| EBITDA | $299M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $216M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$10M |
| Other Non-Cash Items | $30M |
| Change in Working Capital | $247M |
| OPERATING CASH FLOW | $517M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.3B |
| Sales/Maturities of Investments | $542M |
| Other Investing Activities | -$577M |
| NET CASH FROM INVESTING | -$2.4B |
| Net Debt Issuance | $1.3B |
| Common Stock Repurchased | -$375M |
| Common Dividends Paid | -$74M |
| Other Financing Activities | $505M |
| NET CASH FROM FINANCING | $1.4B |
| FREE CASH FLOW | $489M |
| Net Change in Cash | -$463M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.5B |
| Short-Term Investments | $9.1B |
| Net Receivables | $377M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $13.0B |
| PP&E (Net) | $1.4B |
| Goodwill | $1.0B |
| Intangible Assets | $25M |
| Long-Term Investments | $68.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.0B |
| TOTAL NON-CURRENT ASSETS | $75.8B |
| TOTAL ASSETS | $88.8B |
| Account Payables | $0 |
| Short-Term Debt | $3.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $76.2B |
| TOTAL CURRENT LIABILITIES | $79.6B |
| Long-Term Debt | $946M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.1B |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $82.7B |
| Common Stock | $1.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $6.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.1B |
| TOTAL LIABILITIES & EQUITY | $88.8B |
| Total Debt | $4.4B |
| Net Debt | $866M |
