| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $1.0B | $918M | 2.5% | 14.3% |
| Op. Income | $218M | $159M | $195M | 37.4% | 12.1% |
| Gross Margin | 61.8% | 59.4% | 67.4% | 2.5pp | -5.5pp |
| Net Margin | 16.9% | 10.1% | 16.5% | 6.9pp | 0.5pp |
| EPS (Diluted) | $2.46 | $1.43 | $2.10 | 72.0% | 17.1% |
| Free Cash Flow | $39M | $108M | $149M | -63.9% | -73.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $400M |
| GROSS PROFIT | $649M |
| R&D Expenses | $0 |
| Selling & Marketing | $25M |
| General & Administrative | $208M |
| SG&A Expenses | $233M |
| Other Expenses | $197M |
| Operating Expenses | $430M |
| Cost & Expenses | $831M |
| OPERATING INCOME | $218M |
| Interest Income | $922M |
| Interest Expense | $354M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $218M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $178M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $178M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $177M |
| D&A | $17M |
| EBIT | $218M |
| EBITDA | $235M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $400M |
| GROSS PROFIT | $649M |
| R&D Expenses | $0 |
| Selling & Marketing | $25M |
| General & Administrative | $208M |
| SG&A Expenses | $233M |
| Other Expenses | $197M |
| Operating Expenses | $430M |
| Cost & Expenses | $831M |
| OPERATING INCOME | $218M |
| Interest Income | $922M |
| Interest Expense | $354M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $218M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $178M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $178M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $177M |
| D&A | $17M |
| EBIT | $218M |
| EBITDA | $235M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $178M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $10M |
| Other Non-Cash Items | -$32M |
| Change in Working Capital | -$97M |
| OPERATING CASH FLOW | $80M |
| Capital Expenditure | -$42M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$9.1B |
| Sales/Maturities of Investments | $7.9B |
| Other Investing Activities | -$496M |
| NET CASH FROM INVESTING | -$1.7B |
| Net Debt Issuance | -$26M |
| Common Stock Repurchased | -$138.0K |
| Common Dividends Paid | -$45M |
| Other Financing Activities | $1.8B |
| NET CASH FROM FINANCING | $1.7B |
| FREE CASH FLOW | $39M |
| Net Change in Cash | $39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.2B |
| Short-Term Investments | $18.5B |
| Net Receivables | $2.4B |
| Inventory | $0 |
| Other Current Assets | $28M |
| TOTAL CURRENT ASSETS | $28.3B |
| PP&E (Net) | $723M |
| Goodwill | $804M |
| Intangible Assets | $122M |
| Long-Term Investments | $41.5B |
| Tax Assets | $979M |
| Other Non-Current Assets | $483M |
| TOTAL NON-CURRENT ASSETS | $44.6B |
| TOTAL ASSETS | $72.8B |
| Account Payables | $184M |
| Short-Term Debt | $116M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $65.5B |
| TOTAL CURRENT LIABILITIES | $66.1B |
| Long-Term Debt | $942M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $227M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $67.5B |
| Common Stock | $1M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $4.4B |
| Treasury Stock | -$2.0B |
| Accum. Other Comp. Income | $3.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.4B |
| TOTAL LIABILITIES & EQUITY | $72.8B |
| Total Debt | $1.2B |
| Net Debt | -$6.0B |
