| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.5B | $8.4B | $6.9B | 1.4% | 23.2% |
| Op. Income | $2.0B | $1.9B | $2.0B | 7.2% | 1.3% |
| Gross Margin | 61.1% | 61.4% | 73.8% | -0.3pp | -12.8pp |
| Net Margin | 33.3% | 8.9% | 25.1% | 24.4pp | 8.2pp |
| EPS (Diluted) | $5.22 | $1.38 | $3.22 | 278.3% | 62.1% |
| Free Cash Flow | $3.3B | $2.2B | $2.5B | 49.2% | 31.9% |
| Item | Amount |
|---|---|
| REVENUE | $8.5B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $5.2B |
| R&D Expenses | $1.4B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.6B |
| Other Expenses | $71M |
| Operating Expenses | $3.1B |
| Cost & Expenses | $6.5B |
| OPERATING INCOME | $2.0B |
| Interest Income | $0 |
| Interest Expense | $776M |
| Other Income/Expenses | $1.1B |
| INCOME BEFORE TAX | $3.1B |
| Income Tax Expense | $271M |
| Net Income from Continuing Ops | $2.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.8B |
| D&A | $1.4B |
| EBIT | $3.9B |
| EBITDA | $5.3B |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $8.5B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $5.2B |
| R&D Expenses | $1.4B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.6B |
| Other Expenses | $71M |
| Operating Expenses | $3.1B |
| Cost & Expenses | $6.5B |
| OPERATING INCOME | $2.0B |
| Interest Income | $0 |
| Interest Expense | $776M |
| Other Income/Expenses | $1.1B |
| INCOME BEFORE TAX | $3.1B |
| Income Tax Expense | $271M |
| Net Income from Continuing Ops | $2.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.8B |
| D&A | $1.4B |
| EBIT | $3.9B |
| EBITDA | $5.3B |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $2.8B |
| Depreciation & Amortization | $1.4B |
| Stock-Based Compensation | $136M |
| Deferred Income Tax | -$110M |
| Other Non-Cash Items | -$1.5B |
| Change in Working Capital | $856M |
| OPERATING CASH FLOW | $3.6B |
| Capital Expenditure | -$257M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $47M |
| NET CASH FROM INVESTING | -$210M |
| Net Debt Issuance | -$2.2B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1.2B |
| Other Financing Activities | -$241M |
| NET CASH FROM FINANCING | -$3.7B |
| FREE CASH FLOW | $3.3B |
| Net Change in Cash | -$290M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.0B |
| Short-Term Investments | $0 |
| Net Receivables | $7.3B |
| Inventory | $7.4B |
| Other Current Assets | $3.1B |
| TOTAL CURRENT ASSETS | $26.8B |
| PP&E (Net) | $6.2B |
| Goodwill | $18.7B |
| Intangible Assets | $28.9B |
| Long-Term Investments | $688M |
| Tax Assets | $0 |
| Other Non-Current Assets | $9.7B |
| TOTAL NON-CURRENT ASSETS | $64.1B |
| TOTAL ASSETS | $90.9B |
| Account Payables | $2.1B |
| Short-Term Debt | $3.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $20.3B |
| Long-Term Debt | $56.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.7B |
| Other Non-Current Liabilities | $4.5B |
| TOTAL NON-CURRENT LIABILITIES | $63.0B |
| TOTAL LIABILITIES | $83.4B |
| Common Stock | $33.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$25.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$336M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $7.5B |
| TOTAL LIABILITIES & EQUITY | $90.9B |
| Total Debt | $60.4B |
| Net Debt | $51.4B |
