| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.6B | $3.3B | — | 10.9% | — |
| Op. Income | $769M | $685M | — | 12.3% | — |
| Gross Margin | 33.6% | 33.4% | — | 0.2pp | — |
| Net Margin | 14.5% | 16.9% | — | -2.3pp | — |
| EPS (Diluted) | $0.41 | $0.44 | — | -6.8% | — |
| Free Cash Flow | $526M | $502M | — | 4.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $444M |
| Other Expenses | $0 |
| Operating Expenses | $444M |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $769M |
| Interest Income | $0 |
| Interest Expense | $56M |
| Other Income/Expenses | -$105M |
| INCOME BEFORE TAX | $664M |
| Income Tax Expense | $135M |
| Net Income from Continuing Ops | $529M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $525M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $525M |
| D&A | $124M |
| EBIT | $720M |
| EBITDA | $844M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $444M |
| Other Expenses | $0 |
| Operating Expenses | $444M |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $769M |
| Interest Income | $0 |
| Interest Expense | $56M |
| Other Income/Expenses | -$105M |
| INCOME BEFORE TAX | $664M |
| Income Tax Expense | $135M |
| Net Income from Continuing Ops | $529M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $525M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $525M |
| D&A | $124M |
| EBIT | $720M |
| EBITDA | $844M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $525M |
| Depreciation & Amortization | $124M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | -$21M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $667M |
| Capital Expenditure | -$141M |
| Acquisitions (Net) | -$2.1B |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $58M |
| Other Investing Activities | $800.0K |
| NET CASH FROM INVESTING | -$2.2B |
| Net Debt Issuance | $1.1B |
| Common Stock Repurchased | -$190M |
| Common Dividends Paid | -$132M |
| Other Financing Activities | -$17M |
| NET CASH FROM FINANCING | $917M |
| FREE CASH FLOW | $526M |
| Net Change in Cash | -$605M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $50M |
| Net Receivables | $2.9B |
| Inventory | $2.4B |
| Other Current Assets | $415M |
| TOTAL CURRENT ASSETS | $7.0B |
| PP&E (Net) | $1.5B |
| Goodwill | $8.3B |
| Intangible Assets | $1.3B |
| Long-Term Investments | $200.0K |
| Tax Assets | $0 |
| Other Non-Current Assets | $510M |
| TOTAL NON-CURRENT ASSETS | $11.6B |
| TOTAL ASSETS | $18.6B |
| Account Payables | $1.5B |
| Short-Term Debt | $404M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.0B |
| TOTAL CURRENT LIABILITIES | $3.5B |
| Long-Term Debt | $5.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $446M |
| Other Non-Current Liabilities | $599M |
| TOTAL NON-CURRENT LIABILITIES | $6.1B |
| TOTAL LIABILITIES | $9.5B |
| Common Stock | $1M |
| Additional Paid-In Capital | $3.3B |
| Retained Earnings | $6.4B |
| Treasury Stock | -$74M |
| Accum. Other Comp. Income | -$649M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.0B |
| Minority Interest | $70M |
| TOTAL EQUITY | $9.1B |
| TOTAL LIABILITIES & EQUITY | $18.6B |
| Total Debt | $5.4B |
| Net Debt | $4.2B |
