| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.8B | $5.8B | $5.8B | 16.9% | 17.6% |
| Op. Income | $724M | $269M | $224M | 169.1% | 223.2% |
| Gross Margin | 50.1% | 49.1% | 47.4% | 1.1pp | 2.8pp |
| Net Margin | 11.3% | 4.5% | 5.2% | 6.8pp | 6.2pp |
| EPS (Diluted) | $0.47 | $0.16 | $0.18 | 193.7% | 161.1% |
| Free Cash Flow | $496M | $439M | $297M | 13.0% | 67.0% |
| Item | Amount |
|---|---|
| REVENUE | $6.8B |
| Cost of Revenue | $3.4B |
| GROSS PROFIT | $3.4B |
| R&D Expenses | $1.6B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $721M |
| Other Expenses | $338M |
| Operating Expenses | $2.7B |
| Cost & Expenses | $6.1B |
| OPERATING INCOME | $724M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | $20M |
| INCOME BEFORE TAX | $744M |
| Income Tax Expense | -$27M |
| Net Income from Continuing Ops | $771M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $771M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $771M |
| D&A | $838M |
| EBIT | $760M |
| EBITDA | $1.6B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $6.8B |
| Cost of Revenue | $3.4B |
| GROSS PROFIT | $3.4B |
| R&D Expenses | $1.6B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $721M |
| Other Expenses | $338M |
| Operating Expenses | $2.7B |
| Cost & Expenses | $6.1B |
| OPERATING INCOME | $724M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | $20M |
| INCOME BEFORE TAX | $744M |
| Income Tax Expense | -$27M |
| Net Income from Continuing Ops | $771M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $771M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $771M |
| D&A | $838M |
| EBIT | $760M |
| EBITDA | $1.6B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $771M |
| Depreciation & Amortization | $786M |
| Stock-Based Compensation | $351M |
| Deferred Income Tax | -$607M |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | -$660M |
| OPERATING CASH FLOW | $628M |
| Capital Expenditure | -$132M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$142M |
| Sales/Maturities of Investments | $738M |
| Other Investing Activities | -$602M |
| NET CASH FROM INVESTING | -$138M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$710M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$706M |
| FREE CASH FLOW | $496M |
| Net Change in Cash | -$216M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.9B |
| Short-Term Investments | $647M |
| Net Receivables | $7.3B |
| Inventory | $5.4B |
| Other Current Assets | $1.5B |
| TOTAL CURRENT ASSETS | $18.7B |
| PP&E (Net) | $2.3B |
| Goodwill | $24.8B |
| Intangible Assets | $19.6B |
| Long-Term Investments | $137M |
| Tax Assets | $1.2B |
| Other Non-Current Assets | $2.9B |
| TOTAL NON-CURRENT ASSETS | $50.9B |
| TOTAL ASSETS | $69.6B |
| Account Payables | $2.5B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.4B |
| TOTAL CURRENT LIABILITIES | $7.5B |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.2B |
| Other Non-Current Liabilities | $1.8B |
| TOTAL NON-CURRENT LIABILITIES | $5.2B |
| TOTAL LIABILITIES | $12.7B |
| Common Stock | $17M |
| Additional Paid-In Capital | $60.9B |
| Retained Earnings | $1.9B |
| Treasury Stock | -$5.8B |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $57.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $57.0B |
| TOTAL LIABILITIES & EQUITY | $69.6B |
| Total Debt | $2.2B |
| Net Debt | -$1.7B |
