| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $158.9B | $148.0B | $143.1B | 7.4% | 11.0% |
| Op. Income | $17.4B | $14.7B | $11.2B | 18.7% | 55.6% |
| Gross Margin | 49.0% | 50.1% | 47.6% | -1.1pp | 1.5pp |
| Net Margin | 9.6% | 9.1% | 6.9% | 0.5pp | 2.7pp |
| EPS (Diluted) | $1.43 | $1.26 | $0.94 | 13.5% | 52.1% |
| Free Cash Flow | $3.4B | $7.7B | $8.7B | -56.3% | -61.7% |
| Item | Amount |
|---|---|
| REVENUE | $158.9B |
| Cost of Revenue | $81.0B |
| GROSS PROFIT | $77.9B |
| R&D Expenses | $22.2B |
| Selling & Marketing | $10.6B |
| General & Administrative | $2.7B |
| SG&A Expenses | $13.3B |
| Other Expenses | $24.9B |
| Operating Expenses | $60.5B |
| Cost & Expenses | $141.5B |
| OPERATING INCOME | $17.4B |
| Interest Income | $1.3B |
| Interest Expense | $603M |
| Other Income/Expenses | $623M |
| INCOME BEFORE TAX | $18.0B |
| Income Tax Expense | $2.7B |
| Net Income from Continuing Ops | $15.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15.3B |
| D&A | $13.4B |
| EBIT | $18.6B |
| EBITDA | $32.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $158.9B |
| Cost of Revenue | $81.0B |
| GROSS PROFIT | $77.9B |
| R&D Expenses | $22.2B |
| Selling & Marketing | $10.6B |
| General & Administrative | $2.7B |
| SG&A Expenses | $13.3B |
| Other Expenses | $24.9B |
| Operating Expenses | $60.5B |
| Cost & Expenses | $141.5B |
| OPERATING INCOME | $17.4B |
| Interest Income | $1.3B |
| Interest Expense | $603M |
| Other Income/Expenses | $623M |
| INCOME BEFORE TAX | $18.0B |
| Income Tax Expense | $2.7B |
| Net Income from Continuing Ops | $15.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15.3B |
| D&A | $13.4B |
| EBIT | $18.6B |
| EBITDA | $32.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $15.3B |
| Depreciation & Amortization | $13.4B |
| Stock-Based Compensation | $5.3B |
| Deferred Income Tax | -$1.3B |
| Other Non-Cash Items | -$141M |
| Change in Working Capital | -$6.7B |
| OPERATING CASH FLOW | $26.0B |
| Capital Expenditure | -$22.6B |
| Acquisitions (Net) | -$622M |
| Purchases of Investments | -$3.1B |
| Sales/Maturities of Investments | $8.1B |
| Other Investing Activities | $1.3B |
| NET CASH FROM INVESTING | -$16.9B |
| Net Debt Issuance | -$2.7B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$78M |
| NET CASH FROM FINANCING | -$2.8B |
| FREE CASH FLOW | $3.4B |
| Net Change in Cash | $7.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $75.1B |
| Short-Term Investments | $13.0B |
| Net Receivables | $51.6B |
| Inventory | $36.1B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $175.8B |
| PP&E (Net) | $314.4B |
| Goodwill | $23.1B |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $71.3B |
| TOTAL NON-CURRENT ASSETS | $408.8B |
| TOTAL ASSETS | $584.6B |
| Account Payables | $84.6B |
| Short-Term Debt | $0 |
| Deferred Revenue | $16.3B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $161.5B |
| Long-Term Debt | $54.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $29.3B |
| TOTAL NON-CURRENT LIABILITIES | $164.0B |
| TOTAL LIABILITIES | $325.5B |
| Common Stock | $110M |
| Additional Paid-In Capital | $115.9B |
| Retained Earnings | $152.9B |
| Treasury Stock | -$7.8B |
| Accum. Other Comp. Income | -$1.9B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $259.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $259.2B |
| TOTAL LIABILITIES & EQUITY | $584.6B |
| Total Debt | $134.7B |
| Net Debt | $59.6B |
