| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13.1B | $12.5B | $8.9B | 4.7% | 47.3% |
| Op. Income | $3.8B | $3.0B | $3.9B | 27.8% | -1.8% |
| Gross Margin | 63.9% | 62.3% | 69.4% | 1.7pp | -5.5pp |
| Net Margin | -14.3% | 17.0% | 37.2% | -31.3pp | -51.6pp |
| EPS (Diluted) | $-0.40 | $0.44 | $0.77 | -190.9% | -151.9% |
| Free Cash Flow | $4.8B | $4.4B | $4.6B | 7.7% | 4.2% |
| Item | Amount |
|---|---|
| REVENUE | $13.1B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $8.4B |
| R&D Expenses | $2.4B |
| Selling & Marketing | $0 |
| General & Administrative | $1.1B |
| SG&A Expenses | $1.1B |
| Other Expenses | $1.1B |
| Operating Expenses | $4.6B |
| Cost & Expenses | $9.3B |
| OPERATING INCOME | $3.8B |
| Interest Income | $0 |
| Interest Expense | $1.1B |
| Other Income/Expenses | -$982M |
| INCOME BEFORE TAX | $2.8B |
| Income Tax Expense | $4.2B |
| Net Income from Continuing Ops | -$1.4B |
| Net Income from Discontinued Ops | -$443M |
| Other Adjustments | $0 |
| NET INCOME | -$1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.9B |
| D&A | $2.5B |
| EBIT | $3.9B |
| EBITDA | $6.4B |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1.9B |
| Depreciation & Amortization | $2.5B |
| Stock-Based Compensation | $1.4B |
| Deferred Income Tax | $3.6B |
| Other Non-Cash Items | $356M |
| Change in Working Capital | -$1.1B |
| OPERATING CASH FLOW | $5.0B |
| Capital Expenditure | -$172M |
| Acquisitions (Net) | $3.5B |
| Purchases of Investments | -$73M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | $3.2B |
| Net Debt Issuance | -$4.2B |
| Common Stock Repurchased | -$1.4B |
| Common Dividends Paid | -$2.5B |
| Other Financing Activities | -$36M |
| NET CASH FROM FINANCING | -$8.1B |
| FREE CASH FLOW | $4.8B |
| Net Change in Cash | $143M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.0B |
| Short-Term Investments | $0 |
| Net Receivables | $4.7B |
| Inventory | $1.9B |
| Other Current Assets | $2.4B |
| TOTAL CURRENT ASSETS | $19.9B |
| PP&E (Net) | $2.6B |
| Goodwill | $97.9B |
| Intangible Assets | $43.0B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.5B |
| TOTAL NON-CURRENT ASSETS | $148.0B |
| TOTAL ASSETS | $168.0B |
| Account Payables | $1.8B |
| Short-Term Debt | $3.2B |
| Deferred Revenue | $9.8B |
| Other Current Liabilities | $2.9B |
| TOTAL CURRENT LIABILITIES | $19.2B |
| Long-Term Debt | $66.8B |
| Deferred Revenue NC | $5.8B |
| Deferred Tax Liabilities | $5.6B |
| Other Non-Current Liabilities | $4.9B |
| TOTAL NON-CURRENT LIABILITIES | $83.1B |
| TOTAL LIABILITIES | $102.3B |
| Common Stock | $5M |
| Additional Paid-In Capital | $67.3B |
| Retained Earnings | -$1.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $208M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $65.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $65.7B |
| TOTAL LIABILITIES & EQUITY | $168.0B |
| Total Debt | $70.0B |
| Net Debt | $60.0B |
