| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18.4B | $17.8B | $16.7B | 3.3% | 10.0% |
| Op. Income | $3.8B | $3.1B | $2.7B | 20.5% | 38.6% |
| Gross Margin | 81.9% | 81.6% | 82.9% | 0.3pp | -1.0pp |
| Net Margin | 16.4% | 13.7% | 13.0% | 2.7pp | 3.4pp |
| EPS (Diluted) | $4.15 | $3.33 | $2.89 | 24.6% | 43.6% |
| Free Cash Flow | $4.0B | $5.2B | $3.5B | -23.1% | 11.8% |
| Item | Amount |
|---|---|
| REVENUE | $18.4B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $15.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.5B |
| General & Administrative | $1.9B |
| SG&A Expenses | $3.4B |
| Other Expenses | $7.8B |
| Operating Expenses | $11.3B |
| Cost & Expenses | $14.6B |
| OPERATING INCOME | $3.8B |
| Interest Income | $5.8B |
| Interest Expense | $2.1B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3.8B |
| Income Tax Expense | $775M |
| Net Income from Continuing Ops | $3.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.0B |
| D&A | $421M |
| EBIT | $3.8B |
| EBITDA | $4.2B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $18.4B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $15.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.5B |
| General & Administrative | $1.9B |
| SG&A Expenses | $3.4B |
| Other Expenses | $7.8B |
| Operating Expenses | $11.3B |
| Cost & Expenses | $14.6B |
| OPERATING INCOME | $3.8B |
| Interest Income | $5.8B |
| Interest Expense | $2.1B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3.8B |
| Income Tax Expense | $775M |
| Net Income from Continuing Ops | $3.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.0B |
| D&A | $421M |
| EBIT | $3.8B |
| EBITDA | $4.2B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $3.0B |
| Depreciation & Amortization | $421M |
| Stock-Based Compensation | $104M |
| Deferred Income Tax | -$310M |
| Other Non-Cash Items | $733M |
| Change in Working Capital | $569M |
| OPERATING CASH FLOW | $4.5B |
| Capital Expenditure | -$565M |
| Acquisitions (Net) | $584M |
| Purchases of Investments | -$355M |
| Sales/Maturities of Investments | $1.3B |
| Other Investing Activities | -$6.4B |
| NET CASH FROM INVESTING | -$5.5B |
| Net Debt Issuance | $2.6B |
| Common Stock Repurchased | -$1.8B |
| Common Dividends Paid | -$521M |
| Other Financing Activities | -$653M |
| NET CASH FROM FINANCING | -$325M |
| FREE CASH FLOW | $4.0B |
| Net Change in Cash | -$1.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $52.8B |
| Short-Term Investments | $814M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $53.6B |
| PP&E (Net) | $5.2B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $199.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $14.3B |
| TOTAL NON-CURRENT ASSETS | $218.6B |
| TOTAL ASSETS | $272.2B |
| Account Payables | $13.1B |
| Short-Term Debt | $1.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $133.7B |
| TOTAL CURRENT LIABILITIES | $148.5B |
| Long-Term Debt | $51.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $42.6B |
| TOTAL NON-CURRENT LIABILITIES | $94.1B |
| TOTAL LIABILITIES | $242.7B |
| Common Stock | $143M |
| Additional Paid-In Capital | $11.3B |
| Retained Earnings | $21.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $29.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $29.5B |
| TOTAL LIABILITIES & EQUITY | $272.2B |
| Total Debt | $53.2B |
| Net Debt | $346M |
