| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18.8B | $18.4B | $17.2B | 2.1% | 9.3% |
| Op. Income | $3.2B | $3.8B | $3.1B | -15.5% | 3.4% |
| Gross Margin | 81.4% | 81.9% | 82.4% | -0.5pp | -1.0pp |
| Net Margin | 13.4% | 16.4% | 14.3% | -3.0pp | -0.9pp |
| EPS (Diluted) | $3.49 | $4.15 | $3.30 | -15.9% | 5.8% |
| Free Cash Flow | -$2.3B | $4.0B | $7.8B | -157.2% | -128.9% |
| Item | Amount |
|---|---|
| REVENUE | $18.8B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $15.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.5B |
| General & Administrative | $2.0B |
| SG&A Expenses | $3.5B |
| Other Expenses | $8.6B |
| Operating Expenses | $12.1B |
| Cost & Expenses | $15.6B |
| OPERATING INCOME | $3.2B |
| Interest Income | $6.1B |
| Interest Expense | $2.1B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3.2B |
| Income Tax Expense | $697M |
| Net Income from Continuing Ops | $2.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.5B |
| D&A | $437M |
| EBIT | $3.2B |
| EBITDA | $3.6B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $18.8B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $15.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.5B |
| General & Administrative | $2.0B |
| SG&A Expenses | $3.5B |
| Other Expenses | $8.6B |
| Operating Expenses | $12.1B |
| Cost & Expenses | $15.6B |
| OPERATING INCOME | $3.2B |
| Interest Income | $6.1B |
| Interest Expense | $2.1B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3.2B |
| Income Tax Expense | $697M |
| Net Income from Continuing Ops | $2.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.5B |
| D&A | $437M |
| EBIT | $3.2B |
| EBITDA | $3.6B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $2.5B |
| Depreciation & Amortization | $437M |
| Stock-Based Compensation | $113M |
| Deferred Income Tax | -$473M |
| Other Non-Cash Items | $1.8B |
| Change in Working Capital | -$6.1B |
| OPERATING CASH FLOW | -$1.8B |
| Capital Expenditure | -$457M |
| Acquisitions (Net) | -$80M |
| Purchases of Investments | -$448M |
| Sales/Maturities of Investments | $345M |
| Other Investing Activities | -$2.9B |
| NET CASH FROM INVESTING | -$3.5B |
| Net Debt Issuance | $1.1B |
| Common Stock Repurchased | -$1.9B |
| Common Dividends Paid | -$516M |
| Other Financing Activities | $1.7B |
| NET CASH FROM FINANCING | $350M |
| FREE CASH FLOW | -$2.3B |
| Net Change in Cash | -$5.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $47.8B |
| Short-Term Investments | $867M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $48.7B |
| PP&E (Net) | $5.3B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $202.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $14.5B |
| TOTAL NON-CURRENT ASSETS | $222.3B |
| TOTAL ASSETS | $271.0B |
| Account Payables | $13.2B |
| Short-Term Debt | $1.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $135.4B |
| TOTAL CURRENT LIABILITIES | $150.1B |
| Long-Term Debt | $53.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $37.7B |
| TOTAL NON-CURRENT LIABILITIES | $91.2B |
| TOTAL LIABILITIES | $241.3B |
| Common Stock | $141M |
| Additional Paid-In Capital | $11.3B |
| Retained Earnings | $21.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $29.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $29.7B |
| TOTAL LIABILITIES & EQUITY | $271.0B |
| Total Debt | $55.0B |
| Net Debt | $7.2B |
