| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.7B | $1.5B | 7.1% | 20.0% |
| Op. Income | $785M | $700M | $603M | 12.2% | 30.3% |
| Gross Margin | 64.2% | 64.9% | 62.4% | -0.8pp | 1.7pp |
| Net Margin | 41.3% | 39.4% | 36.1% | 1.9pp | 5.2pp |
| EPS (Diluted) | $0.58 | $0.52 | $0.43 | 11.5% | 34.9% |
| Free Cash Flow | $1.2B | $986M | $688M | 18.4% | 69.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $649M |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $236M |
| Selling & Marketing | $107M |
| General & Administrative | $34M |
| SG&A Expenses | $141M |
| Other Expenses | $0 |
| Operating Expenses | $376M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $785M |
| Interest Income | $85M |
| Interest Expense | $0 |
| Other Income/Expenses | $98M |
| INCOME BEFORE TAX | $883M |
| Income Tax Expense | $135M |
| Net Income from Continuing Ops | $748M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $748M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $748M |
| D&A | $16M |
| EBIT | $785M |
| EBITDA | $801M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $649M |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $236M |
| Selling & Marketing | $107M |
| General & Administrative | $34M |
| SG&A Expenses | $141M |
| Other Expenses | $0 |
| Operating Expenses | $376M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $785M |
| Interest Income | $85M |
| Interest Expense | $0 |
| Other Income/Expenses | $98M |
| INCOME BEFORE TAX | $883M |
| Income Tax Expense | $135M |
| Net Income from Continuing Ops | $748M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $748M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $748M |
| D&A | $16M |
| EBIT | $785M |
| EBITDA | $801M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $748M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $98M |
| Deferred Income Tax | -$148M |
| Other Non-Cash Items | -$24M |
| Change in Working Capital | $485M |
| OPERATING CASH FLOW | $1.2B |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$844M |
| Sales/Maturities of Investments | $483M |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$374M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$65M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$12M |
| NET CASH FROM FINANCING | -$56M |
| FREE CASH FLOW | $1.2B |
| Net Change in Cash | $747M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.2B |
| Short-Term Investments | $4.3B |
| Net Receivables | $1.1B |
| Inventory | $1.8B |
| Other Current Assets | $435M |
| TOTAL CURRENT ASSETS | $10.9B |
| PP&E (Net) | $93M |
| Goodwill | $269M |
| Intangible Assets | $69M |
| Long-Term Investments | $0 |
| Tax Assets | $1.3B |
| Other Non-Current Assets | $220M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $12.8B |
| Account Payables | $289M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.6B |
| Other Current Liabilities | $329M |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $908M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $259M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $31.0K |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $6.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $9.2B |
| TOTAL LIABILITIES & EQUITY | $12.8B |
| Total Debt | $0 |
| Net Debt | -$3.2B |
