| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $48.5B | $48.1B | $43.4B | 1.0% | 11.8% |
| Op. Income | $7.6B | $7.3B | $8.0B | 4.1% | -5.9% |
| Gross Margin | 49.2% | 51.0% | 55.5% | -1.8pp | -6.3pp |
| Net Margin | 14.2% | 13.9% | 17.1% | 0.3pp | -2.9pp |
| EPS (Diluted) | $0.83 | $0.76 | $0.88 | 9.2% | -5.7% |
| Free Cash Flow | $18.1B | -$15.5B | $11.8B | 216.5% | 53.5% |
| Item | Amount |
|---|---|
| REVENUE | $48.5B |
| Cost of Revenue | $24.7B |
| GROSS PROFIT | $23.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.4B |
| General & Administrative | $10.7B |
| SG&A Expenses | $12.1B |
| Other Expenses | $4.2B |
| Operating Expenses | $16.3B |
| Cost & Expenses | $41.0B |
| OPERATING INCOME | $7.6B |
| Interest Income | $36.9B |
| Interest Expense | $23.2B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7.6B |
| Income Tax Expense | $663M |
| Net Income from Continuing Ops | $6.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6.6B |
| D&A | $543M |
| EBIT | $7.6B |
| EBITDA | $8.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $48.5B |
| Cost of Revenue | $24.7B |
| GROSS PROFIT | $23.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.4B |
| General & Administrative | $10.7B |
| SG&A Expenses | $12.1B |
| Other Expenses | $4.2B |
| Operating Expenses | $16.3B |
| Cost & Expenses | $41.0B |
| OPERATING INCOME | $7.6B |
| Interest Income | $36.9B |
| Interest Expense | $23.2B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7.6B |
| Income Tax Expense | $663M |
| Net Income from Continuing Ops | $6.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6.6B |
| D&A | $543M |
| EBIT | $7.6B |
| EBITDA | $8.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $6.9B |
| Depreciation & Amortization | $543M |
| Stock-Based Compensation | $845M |
| Deferred Income Tax | -$371M |
| Other Non-Cash Items | $3.7B |
| Change in Working Capital | $6.5B |
| OPERATING CASH FLOW | $18.1B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$82.0B |
| Sales/Maturities of Investments | $112.8B |
| Other Investing Activities | -$32.3B |
| NET CASH FROM INVESTING | -$1.5B |
| Net Debt Issuance | -$3.3B |
| Common Stock Repurchased | -$3.5B |
| Common Dividends Paid | -$2.2B |
| Other Financing Activities | $2.6B |
| NET CASH FROM FINANCING | -$8.3B |
| FREE CASH FLOW | $18.1B |
| Net Change in Cash | $7.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $329.0B |
| Short-Term Investments | $291.3B |
| Net Receivables | $95.8B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $716.1B |
| PP&E (Net) | $11.9B |
| Goodwill | $69.0B |
| Intangible Assets | $0 |
| Long-Term Investments | $1.7T |
| Tax Assets | $0 |
| Other Non-Current Assets | $802.1B |
| TOTAL NON-CURRENT ASSETS | $2.5T |
| TOTAL ASSETS | $3.3T |
| Account Payables | $0 |
| Short-Term Debt | $408.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.0T |
| TOTAL CURRENT LIABILITIES | $2.4T |
| Long-Term Debt | $290.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $254.3B |
| TOTAL NON-CURRENT LIABILITIES | $544.7B |
| TOTAL LIABILITIES | $3.0T |
| Common Stock | $51.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $233.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$17.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $293.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $293.9B |
| TOTAL LIABILITIES & EQUITY | $3.3T |
| Total Debt | $699.0B |
| Net Debt | $370.0B |
