| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $90.8B | $119.6B | $94.8B | -24.1% | -4.3% |
| Op. Income | $27.9B | $40.4B | $28.3B | -30.9% | -1.5% |
| Gross Margin | 46.6% | 45.9% | 44.3% | 0.7pp | 2.3pp |
| Net Margin | 26.0% | 28.4% | 25.5% | -2.3pp | 0.6pp |
| EPS (Diluted) | $1.53 | $2.18 | $1.52 | -29.8% | 0.7% |
| Free Cash Flow | $20.7B | $37.5B | $25.6B | -44.8% | -19.3% |
| Item | Amount |
|---|---|
| REVENUE | $90.8B |
| Cost of Revenue | $48.5B |
| GROSS PROFIT | $42.3B |
| R&D Expenses | $7.9B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6.5B |
| Other Expenses | $0 |
| Operating Expenses | $14.4B |
| Cost & Expenses | $62.9B |
| OPERATING INCOME | $27.9B |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $158M |
| INCOME BEFORE TAX | $28.1B |
| Income Tax Expense | $4.4B |
| Net Income from Continuing Ops | $23.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23.6B |
| D&A | $2.8B |
| EBIT | $28.1B |
| EBITDA | $30.9B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $90.8B |
| Cost of Revenue | $48.5B |
| GROSS PROFIT | $42.3B |
| R&D Expenses | $7.9B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6.5B |
| Other Expenses | $0 |
| Operating Expenses | $14.4B |
| Cost & Expenses | $62.9B |
| OPERATING INCOME | $27.9B |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $158M |
| INCOME BEFORE TAX | $28.1B |
| Income Tax Expense | $4.4B |
| Net Income from Continuing Ops | $23.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23.6B |
| D&A | $2.8B |
| EBIT | $28.1B |
| EBITDA | $30.9B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $23.6B |
| Depreciation & Amortization | $2.8B |
| Stock-Based Compensation | $3.0B |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$982M |
| Change in Working Capital | -$5.8B |
| OPERATING CASH FLOW | $22.7B |
| Capital Expenditure | -$2.0B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$15.3B |
| Sales/Maturities of Investments | $17.4B |
| Other Investing Activities | -$445M |
| NET CASH FROM INVESTING | -$310M |
| Net Debt Issuance | -$3.1B |
| Common Stock Repurchased | -$23.2B |
| Common Dividends Paid | -$3.7B |
| Other Financing Activities | -$370M |
| NET CASH FROM FINANCING | -$30.4B |
| FREE CASH FLOW | $20.7B |
| Net Change in Cash | -$8.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32.7B |
| Short-Term Investments | $34.5B |
| Net Receivables | $41.1B |
| Inventory | $6.2B |
| Other Current Assets | $13.9B |
| TOTAL CURRENT ASSETS | $128.4B |
| PP&E (Net) | $43.5B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $95.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $70.3B |
| TOTAL NON-CURRENT ASSETS | $209.0B |
| TOTAL ASSETS | $337.4B |
| Account Payables | $45.8B |
| Short-Term Debt | $12.8B |
| Deferred Revenue | $8.0B |
| Other Current Liabilities | $57.3B |
| TOTAL CURRENT LIABILITIES | $123.8B |
| Long-Term Debt | $91.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $47.6B |
| TOTAL NON-CURRENT LIABILITIES | $139.4B |
| TOTAL LIABILITIES | $263.2B |
| Common Stock | $78.8B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $4.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$9.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $74.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $74.2B |
| TOTAL LIABILITIES & EQUITY | $337.4B |
| Total Debt | $104.6B |
| Net Debt | $71.9B |
