2024 Q4 Form 10-K Financial Statement

#000080432824000075 Filed on November 06, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3 2024
Revenue $10.24B $38.96B
YoY Change 18.69% 8.77%
Cost Of Revenue $4.467B $17.06B
YoY Change 15.13% 7.51%
Gross Profit $5.777B $21.90B
YoY Change 21.6% 9.78%
Gross Profit Margin 56.39% 56.21%
Selling, General & Admin $761.0M $2.759B
YoY Change 20.99% 11.12%
% of Gross Profit 13.17% 12.6%
Research & Development $2.302B $8.893B
YoY Change 7.82% 0.85%
% of Gross Profit 39.85% 40.6%
Depreciation & Amortization $439.0M $1.706B
YoY Change -4.98% -5.69%
% of Gross Profit 7.6% 7.79%
Operating Expenses $3.060B $11.65B
YoY Change 10.71% 3.11%
Operating Profit $2.717B $10.07B
YoY Change 36.74% 29.31%
Interest Expense $53.00M $697.0M
YoY Change 165.0% 0.43%
% of Operating Profit 1.95% 6.92%
Other Income/Expense, Net -$26.00M $962.0M
YoY Change -1400.0% 175.64%
Pretax Income $2.596B $10.34B
YoY Change 82.82% 38.87%
Income Tax -$319.0M $226.0M
% Of Pretax Income -12.29% 2.19%
Net Earnings $2.920B $10.14B
YoY Change 95.97% 40.24%
Net Earnings / Revenue 28.5% 26.03%
Basic Earnings Per Share $9.09
Diluted Earnings Per Share $2.58 $8.97
COMMON SHARES
Basic Shares Outstanding 1.111B shares 1.114B shares 1.116B shares
Diluted Shares Outstanding 1.130B shares

Balance Sheet

Concept 2024 Q4 2024 Q3 2024
SHORT-TERM ASSETS
Cash & Short-Term Investments $13.30B $13.30B
YoY Change 17.45% 17.45%
Cash & Equivalents $7.849B $7.849B
Short-Term Investments $5.451B $5.451B
Other Short-Term Assets $1.579B $1.579B
YoY Change 32.24% 2.87%
Inventory $6.423B $6.423B
Prepaid Expenses
Receivables $2.347B $2.347B
Other Receivables $36.00M $1.582B
Total Short-Term Assets $25.23B $25.23B
YoY Change 12.32% 12.32%
LONG-TERM ASSETS
Property, Plant & Equipment $4.665B $5.384B
YoY Change -7.48% -4.78%
Goodwill $10.80B
YoY Change 1.48%
Intangibles $1.244B
YoY Change -11.65%
Long-Term Investments $154.0M $1.341B
YoY Change -6.1% 8.5%
Other Assets $8.053B $11.16B
YoY Change -0.41% 15.76%
Total Long-Term Assets $29.92B $29.92B
YoY Change 4.71% 4.71%
TOTAL ASSETS
Total Short-Term Assets $25.23B $25.23B
Total Long-Term Assets $29.92B $29.92B
Total Assets $55.15B $55.15B
YoY Change 8.06% 8.06%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.584B $2.584B
YoY Change 35.15% 35.15%
Accrued Expenses $1.834B $1.932B
YoY Change 8.84% 8.36%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $1.364B $1.364B
YoY Change 49.23% 49.23%
Total Short-Term Liabilities $10.50B $10.50B
YoY Change 9.1% 9.1%
LONG-TERM LIABILITIES
Long-Term Debt $13.27B $13.27B
YoY Change -8.38% -8.38%
Other Long-Term Liabilities $5.106B $4.992B
YoY Change -4.51% -4.66%
Total Long-Term Liabilities $13.27B $18.26B
YoY Change -8.38% -7.39%
TOTAL LIABILITIES
Total Short-Term Liabilities $10.50B $10.50B
Total Long-Term Liabilities $13.27B $18.26B
Total Liabilities $28.88B $28.88B
YoY Change -1.97% -1.97%
SHAREHOLDERS EQUITY
Retained Earnings $25.69B
YoY Change 23.89%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $26.27B $26.27B
YoY Change
Total Liabilities & Shareholders Equity $55.15B $55.15B
YoY Change 8.06% 8.06%

Cashflow Statement

Concept 2024 Q4 2024 Q3 2024
OPERATING ACTIVITIES
Net Income $2.920B $10.14B
YoY Change 95.97% 40.24%
Depreciation, Depletion And Amortization $439.0M $1.706B
YoY Change -4.98% -5.69%
Cash From Operating Activities $2.647B $12.20B
YoY Change -35.28% 7.99%
INVESTING ACTIVITIES
Capital Expenditures $256.0M $1.041B
YoY Change -12.63% -28.21%
Acquisitions
YoY Change
Other Investing Activities -$129.0M $36.00M
YoY Change -60.31% -289.47%
Cash From Investing Activities -$385.0M -$3.623B
YoY Change -37.7% -575.46%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $3.738B
YoY Change 47.22%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.199B -$9.269B
YoY Change 96.87% 39.11%
NET CHANGE
Cash From Operating Activities 2.647B $12.20B
Cash From Investing Activities -385.0M -$3.623B
Cash From Financing Activities -2.199B -$9.269B
Net Change In Cash 63.00M -$678.0M
YoY Change -97.32% -112.49%
FREE CASH FLOW
Cash From Operating Activities $2.647B $12.20B
Capital Expenditures $256.0M $1.041B
Free Cash Flow $2.391B $11.16B
YoY Change -37.03% 13.32%

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