The company said fourth-quarter revenue was $5,082 million, up 6.8% year over year (6.7% in constant currency), and full-year revenue was $19,736 million, up 2.0%. Full-year GAAP operating margin was 14.7%, and Adjusted Operating Margin was 15.3%.

1. 01

   The company said fourth-quarter revenue was $5,082 million, up 6.8% year over year (6.7% in constant currency), and full-year revenue was $19,736 million, up 2.0%. Full-year GAAP operating margin was 14.7%, and Adjusted Operating Margin was 15.3%.

2. 02

   The company said operating cash flow was $920 million and free cash flow was $837 million in Q4, and $2,124 million and $1,827 million for the full year, respectively. Full-year free cash flow was lower than the $2,013 million in the prior year.

3. 03

   The company reported NextGen charges of $134 million for 2024 and Adjusted Income From Operations, excluding those charges, of $3,026 million. It said the NextGen program ended on December 31, 2024.

4. 04

   The company said it expects full-year 2025 revenue of $20.3 to $20.8 billion, growth of 3.5% to 6.0% in constant currency. It guided Adjusted Operating Margin to 15.5% to 15.7% and Adjusted Diluted EPS to $4.90 to $5.06.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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