| Metric | Q4 2024 | Q3 2024 | Q4 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | — | $2.2B | — | 4.7% |
| Op. Income | $765M | — | $709M | — | 7.9% |
| Gross Margin | 68.0% | — | 65.4% | — | 2.6pp |
| Net Margin | 25.1% | — | 23.7% | — | 1.4pp |
| EPS (Diluted) | $1.29 | — | $1.14 | — | 13.2% |
| Free Cash Flow | $689M | — | $699M | — | -1.4% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $741M |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $186M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $625M |
| Other Expenses | $0 |
| Operating Expenses | $811M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $765M |
| Interest Income | $27M |
| Interest Expense | $56M |
| Other Income/Expenses | -$33M |
| INCOME BEFORE TAX | $732M |
| Income Tax Expense | $151M |
| Net Income from Continuing Ops | $581M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $581M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $581M |
| D&A | $123M |
| EBIT | $788M |
| EBITDA | $911M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $741M |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $186M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $625M |
| Other Expenses | $0 |
| Operating Expenses | $811M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $765M |
| Interest Income | $27M |
| Interest Expense | $56M |
| Other Income/Expenses | -$33M |
| INCOME BEFORE TAX | $732M |
| Income Tax Expense | $151M |
| Net Income from Continuing Ops | $581M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $581M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $581M |
| D&A | $123M |
| EBIT | $788M |
| EBITDA | $911M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $581M |
| Depreciation & Amortization | $123M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | -$152M |
| Other Non-Cash Items | $25M |
| Change in Working Capital | $309M |
| OPERATING CASH FLOW | $905M |
| Capital Expenditure | -$216M |
| Acquisitions (Net) | $293M |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $51M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | $126M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$553M |
| Common Dividends Paid | -$194M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$745M |
| FREE CASH FLOW | $689M |
| Net Change in Cash | $273M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.0B |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $2.3B |
| Other Current Assets | $379M |
| TOTAL CURRENT ASSETS | $6.0B |
| PP&E (Net) | $3.6B |
| Goodwill | $2.7B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $30M |
| Tax Assets | $540M |
| Other Non-Current Assets | $250M |
| TOTAL NON-CURRENT ASSETS | $8.3B |
| TOTAL ASSETS | $14.2B |
| Account Payables | $433M |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $566M |
| TOTAL CURRENT LIABILITIES | $3.4B |
| Long-Term Debt | $5.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $167M |
| Other Non-Current Liabilities | $480M |
| TOTAL NON-CURRENT LIABILITIES | $6.1B |
| TOTAL LIABILITIES | $9.5B |
| Common Stock | $5M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $12.0B |
| Treasury Stock | -$7.4B |
| Accum. Other Comp. Income | -$940M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.8B |
| TOTAL LIABILITIES & EQUITY | $14.2B |
| Total Debt | $6.7B |
| Net Debt | $4.8B |
