Revenue and profitability snapshot (USD, QQ4 2024 vs prior periods):
- Revenue: 1,631,304,000; YoY +2.01%, QoQ +7.11% (Q3 2024 revenue was 1,523,060,000; Q4 2023 revenue was 1,599,128,000).
- Gross Profit: 1,208,196,000; YoY -4.63%, QoQ +1.48%; Gross Margin: 74.06% (stable high-margin software economics).
- Operating Income: 306,120,000; YoY -28.90%, QoQ -14.38%; Operating Margin: 18.77% (healthy but lower versus some prior periods due to mix and investment).
- Net Income: 1,114,106,000; YoY +219.05%, QoQ +173.03%; Net Margin: 68.30% (elevated by non-operating items/tax specifics; underlying profitability remains strong).
- EPS (GAAP): 7.238, Diluted: 7.140; YoY EPS growth +214.71%, QoQ +172.12%.
- EBITDA: 478,624,000; EBITDA Margin: 29.34%.
- Free Cash Flow: 558,429,000; FCF/Revenue ≈ 34.2%; Cash Conversion Strong.
- Balance sheet highlights: Total assets 13.073B; Total liabilities 4.051B; Total stockholders’ equity 8.990B; Net cash position (net debt) approximately -$3.212B; Cash and cash equivalents ~$3.896B; Goodwill ~$3.449B; current ratio 2.44; quick ratio 2.30; Debt to capital ~7.07%; Debt to equity ~7.61%; P/B ≈ 8.86x; EV/FCF high at ~142x reflecting software premium; Return on equity ~12.4%; Return on assets ~8.52%.
- Cash flow and working capital: Operating cash flow $562.8M; change in working capital positive; investing activities include acquisitions net of ~$1.446B; free cash generation supports ongoing R&D and potential strategic moves.