| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | $1.8B | $2.1B | 26.5% | 10.6% |
| Op. Income | $2.3B | $1.8B | $2.1B | 26.5% | 10.6% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | 7.9% | 11.5% | 8.6% | -3.6pp | -0.6pp |
| EPS (Diluted) | $2.16 | $2.49 | $2.09 | -13.3% | 3.3% |
| Free Cash Flow | $530M | -$121M | $689M | 538.0% | -23.1% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $2.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $0 |
| OPERATING INCOME | $2.3B |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | -$2.1B |
| INCOME BEFORE TAX | $229M |
| Income Tax Expense | $48M |
| Net Income from Continuing Ops | $181M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $181M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $181M |
| D&A | $0 |
| EBIT | $246M |
| EBITDA | $246M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $2.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $0 |
| OPERATING INCOME | $2.3B |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | -$2.1B |
| INCOME BEFORE TAX | $229M |
| Income Tax Expense | $48M |
| Net Income from Continuing Ops | $181M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $181M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $181M |
| D&A | $0 |
| EBIT | $246M |
| EBITDA | $246M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $181M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | -$9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$174M |
| Change in Working Capital | $440M |
| OPERATING CASH FLOW | $459M |
| Capital Expenditure | $71M |
| Acquisitions (Net) | -$25M |
| Purchases of Investments | $820M |
| Sales/Maturities of Investments | -$657M |
| Other Investing Activities | -$87M |
| NET CASH FROM INVESTING | $122M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$58M |
| Other Financing Activities | -$325M |
| NET CASH FROM FINANCING | -$380M |
| FREE CASH FLOW | $530M |
| Net Change in Cash | $201M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $0 |
| Net Receivables | $2.0B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $214M |
| Goodwill | $305M |
| Intangible Assets | $199M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$413M |
| TOTAL NON-CURRENT ASSETS | $305M |
| TOTAL ASSETS | $32.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $26.4B |
| TOTAL NON-CURRENT LIABILITIES | $27.9B |
| TOTAL LIABILITIES | $27.9B |
| Common Stock | $84M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $3.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$136M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.7B |
| TOTAL LIABILITIES & EQUITY | $32.6B |
| Total Debt | $1.9B |
| Net Debt | $153M |
