| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $48.9B | $48.5B | $44.4B | 0.7% | 10.0% |
| Op. Income | $7.3B | $7.6B | $8.1B | -3.1% | -9.5% |
| Gross Margin | 48.7% | 49.2% | 53.9% | -0.5pp | -5.2pp |
| Net Margin | 14.1% | 14.2% | 17.6% | -0.1pp | -3.5pp |
| EPS (Diluted) | $0.81 | $0.83 | $0.90 | -2.4% | -10.0% |
| Free Cash Flow | -$37.3B | $18.1B | $11.8B | -306.0% | -416.6% |
| Item | Amount |
|---|---|
| REVENUE | $48.9B |
| Cost of Revenue | $25.1B |
| GROSS PROFIT | $23.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.4B |
| General & Administrative | $10.8B |
| SG&A Expenses | $12.1B |
| Other Expenses | $4.3B |
| Operating Expenses | $16.5B |
| Cost & Expenses | $41.5B |
| OPERATING INCOME | $7.3B |
| Interest Income | $37.5B |
| Interest Expense | $23.5B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7.3B |
| Income Tax Expense | $428M |
| 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 | $6.4B |
| D&A | $549M |
| EBIT | $7.3B |
| EBITDA | $7.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $48.9B |
| Cost of Revenue | $25.1B |
| GROSS PROFIT | $23.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.4B |
| General & Administrative | $10.8B |
| SG&A Expenses | $12.1B |
| Other Expenses | $4.3B |
| Operating Expenses | $16.5B |
| Cost & Expenses | $41.5B |
| OPERATING INCOME | $7.3B |
| Interest Income | $37.5B |
| Interest Expense | $23.5B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7.3B |
| Income Tax Expense | $428M |
| 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 | $6.4B |
| D&A | $549M |
| EBIT | $7.3B |
| EBITDA | $7.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $6.9B |
| Depreciation & Amortization | $549M |
| Stock-Based Compensation | $832M |
| Deferred Income Tax | -$345M |
| Other Non-Cash Items | $2.8B |
| Change in Working Capital | -$48.0B |
| OPERATING CASH FLOW | -$37.3B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$72.4B |
| Sales/Maturities of Investments | $66.7B |
| Other Investing Activities | -$21.5B |
| NET CASH FROM INVESTING | -$27.3B |
| Net Debt Issuance | -$5.1B |
| Common Stock Repurchased | -$3.5B |
| Common Dividends Paid | -$2.5B |
| Other Financing Activities | $49.9B |
| NET CASH FROM FINANCING | $36.8B |
| FREE CASH FLOW | -$37.3B |
| Net Change in Cash | -$25.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $303.7B |
| Short-Term Investments | $315.7B |
| Net Receivables | $106.2B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $725.7B |
| PP&E (Net) | $12.0B |
| Goodwill | $69.0B |
| Intangible Assets | $0 |
| Long-Term Investments | $1.7T |
| Tax Assets | $0 |
| Other Non-Current Assets | $848.2B |
| TOTAL NON-CURRENT ASSETS | $2.6T |
| TOTAL ASSETS | $3.3T |
| Account Payables | $0 |
| Short-Term Debt | $436.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.0T |
| TOTAL CURRENT LIABILITIES | $2.5T |
| Long-Term Debt | $296.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $265.8B |
| TOTAL NON-CURRENT LIABILITIES | $562.7B |
| TOTAL LIABILITIES | $3.0T |
| Common Stock | $48.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $238.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$14.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $296.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $296.5B |
| TOTAL LIABILITIES & EQUITY | $3.3T |
| Total Debt | $733.3B |
| Net Debt | $429.6B |
