| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14.3B | $13.7B | $12.2B | 4.2% | 17.2% |
| Op. Income | $1.8B | $1.2B | $924M | 46.4% | 91.7% |
| Gross Margin | 36.9% | 37.4% | 44.4% | -0.5pp | -7.5pp |
| Net Margin | 9.5% | 6.9% | 6.1% | 2.6pp | 3.4pp |
| EPS (Diluted) | $1.72 | $1.26 | $0.92 | 36.4% | 87.3% |
| Free Cash Flow | $2.7B | $11.4B | -$18.2B | -76.5% | 114.7% |
| Item | Amount |
|---|---|
| REVENUE | $14.3B |
| Cost of Revenue | $9.0B |
| GROSS PROFIT | $5.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $148M |
| General & Administrative | $1.9B |
| SG&A Expenses | $2.1B |
| Other Expenses | $1.4B |
| Operating Expenses | $3.5B |
| Cost & Expenses | $12.5B |
| OPERATING INCOME | $1.8B |
| Interest Income | $11.8B |
| Interest Expense | $8.5B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.8B |
| Income Tax Expense | $409M |
| Net Income from Continuing Ops | $1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.3B |
| D&A | $383M |
| EBIT | $1.8B |
| EBITDA | $2.2B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $14.3B |
| Cost of Revenue | $9.0B |
| GROSS PROFIT | $5.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $148M |
| General & Administrative | $1.9B |
| SG&A Expenses | $2.1B |
| Other Expenses | $1.4B |
| Operating Expenses | $3.5B |
| Cost & Expenses | $12.5B |
| OPERATING INCOME | $1.8B |
| Interest Income | $11.8B |
| Interest Expense | $8.5B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.8B |
| Income Tax Expense | $409M |
| Net Income from Continuing Ops | $1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.3B |
| D&A | $383M |
| EBIT | $1.8B |
| EBITDA | $2.2B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $1.4B |
| Depreciation & Amortization | $383M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$275M |
| Other Non-Cash Items | $407M |
| Change in Working Capital | $1.0B |
| OPERATING CASH FLOW | $2.9B |
| Capital Expenditure | -$239M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$11.6B |
| Sales/Maturities of Investments | $13.2B |
| Other Investing Activities | -$26M |
| NET CASH FROM INVESTING | $1.3B |
| Net Debt Issuance | -$68M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$489M |
| Other Financing Activities | -$1.8B |
| NET CASH FROM FINANCING | -$1.3B |
| FREE CASH FLOW | $2.7B |
| Net Change in Cash | $3.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $61.5B |
| Short-Term Investments | $51.4B |
| Net Receivables | $25.6B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $138.5B |
| PP&E (Net) | $4.6B |
| Goodwill | $12.1B |
| Intangible Assets | $3.6B |
| Long-Term Investments | $609.7B |
| Tax Assets | $2.6B |
| Other Non-Current Assets | $232.9B |
| TOTAL NON-CURRENT ASSETS | $865.6B |
| TOTAL ASSETS | $1.0T |
| Account Payables | $28.0B |
| Short-Term Debt | $171.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $560.9B |
| TOTAL CURRENT LIABILITIES | $760.4B |
| Long-Term Debt | $104.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $81.0B |
| TOTAL NON-CURRENT LIABILITIES | $185.5B |
| TOTAL LIABILITIES | $946.0B |
| Common Stock | $17.5B |
| Additional Paid-In Capital | $256M |
| Retained Earnings | $32.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1.6B |
| Other Equity | $3.7B |
| TOTAL STOCKHOLDERS' EQUITY | $58.1B |
| Minority Interest | $23M |
| TOTAL EQUITY | $58.1B |
| TOTAL LIABILITIES & EQUITY | $1.0T |
| Total Debt | $276.2B |
| Net Debt | $214.6B |
