| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.2B | — | $4.0B | — | 3.9% |
| Op. Income | $233M | — | $228M | — | 2.2% |
| Gross Margin | 39.5% | — | 41.4% | — | -1.9pp |
| Net Margin | 8.5% | — | 7.4% | — | 1.2pp |
| EPS (Diluted) | $1.06 | — | $0.88 | — | 20.5% |
| Free Cash Flow | $58M | — | $987M | — | -94.1% |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $69M |
| General & Administrative | $734M |
| SG&A Expenses | $803M |
| Other Expenses | $613M |
| Operating Expenses | $1.4B |
| Cost & Expenses | $3.9B |
| OPERATING INCOME | $233M |
| Interest Income | $3.6B |
| Interest Expense | $1.9B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $233M |
| Income Tax Expense | -$124M |
| Net Income from Continuing Ops | $357M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $357M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $330M |
| D&A | $314M |
| EBIT | $233M |
| EBITDA | $547M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $69M |
| General & Administrative | $734M |
| SG&A Expenses | $803M |
| Other Expenses | $613M |
| Operating Expenses | $1.4B |
| Cost & Expenses | $3.9B |
| OPERATING INCOME | $233M |
| Interest Income | $3.6B |
| Interest Expense | $1.9B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $233M |
| Income Tax Expense | -$124M |
| Net Income from Continuing Ops | $357M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $357M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $330M |
| D&A | $314M |
| EBIT | $233M |
| EBITDA | $547M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $357M |
| Depreciation & Amortization | $314M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $777M |
| Change in Working Capital | -$456M |
| OPERATING CASH FLOW | $992M |
| Capital Expenditure | -$934M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$389M |
| Sales/Maturities of Investments | $982M |
| Other Investing Activities | $1.4B |
| NET CASH FROM INVESTING | $1.1B |
| Net Debt Issuance | -$542M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$92M |
| Other Financing Activities | -$212M |
| NET CASH FROM FINANCING | -$874M |
| FREE CASH FLOW | $58M |
| Net Change in Cash | $1.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.6B |
| Short-Term Investments | $19.9B |
| Net Receivables | $1.1B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $29.7B |
| PP&E (Net) | $9.7B |
| Goodwill | $669M |
| Intangible Assets | $58M |
| Long-Term Investments | $146.6B |
| Tax Assets | $1.5B |
| Other Non-Current Assets | $4.8B |
| TOTAL NON-CURRENT ASSETS | $163.3B |
| TOTAL ASSETS | $193.0B |
| Account Payables | $2.0B |
| Short-Term Debt | $5.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $151.9B |
| TOTAL CURRENT LIABILITIES | $159.4B |
| Long-Term Debt | $13.1B |
| Deferred Revenue NC | $113M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.5B |
| TOTAL NON-CURRENT LIABILITIES | $18.8B |
| TOTAL LIABILITIES | $178.3B |
| Common Stock | $22.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $595M |
| Treasury Stock | -$6.9B |
| Accum. Other Comp. Income | -$3.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $14.7B |
| TOTAL LIABILITIES & EQUITY | $193.0B |
| Total Debt | $18.7B |
| Net Debt | $10.1B |
