| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.9B | $6.2B | — | -4.9% | — |
| Op. Income | $1.1B | $890M | — | 19.3% | — |
| Gross Margin | 30.9% | 33.9% | — | -3.0pp | — |
| Net Margin | 12.4% | 9.9% | — | 2.4pp | — |
| EPS (Diluted) | $0.10 | $0.08 | — | 17.1% | — |
| Free Cash Flow | $2.7B | -$4.4B | — | 160.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $5.9B |
| Cost of Revenue | $4.1B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $24M |
| General & Administrative | $934M |
| SG&A Expenses | $959M |
| Other Expenses | -$199M |
| Operating Expenses | $759M |
| Cost & Expenses | $4.8B |
| OPERATING INCOME | $1.1B |
| Interest Income | $6.6B |
| Interest Expense | $3.8B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $330M |
| Net Income from Continuing Ops | $732M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $729M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $729M |
| D&A | $135M |
| EBIT | $1.1B |
| EBITDA | $1.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5.9B |
| Cost of Revenue | $4.1B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $24M |
| General & Administrative | $934M |
| SG&A Expenses | $959M |
| Other Expenses | -$199M |
| Operating Expenses | $759M |
| Cost & Expenses | $4.8B |
| OPERATING INCOME | $1.1B |
| Interest Income | $6.6B |
| Interest Expense | $3.8B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $330M |
| Net Income from Continuing Ops | $732M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $729M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $729M |
| D&A | $135M |
| EBIT | $1.1B |
| EBITDA | $1.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $732M |
| Depreciation & Amortization | $135M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$229M |
| Other Non-Cash Items | -$5.9B |
| Change in Working Capital | $8.0B |
| OPERATING CASH FLOW | $2.8B |
| Capital Expenditure | -$128M |
| Acquisitions (Net) | -$24M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$59M |
| NET CASH FROM INVESTING | -$132M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$259M |
| Other Financing Activities | -$619M |
| NET CASH FROM FINANCING | -$883M |
| FREE CASH FLOW | $2.7B |
| Net Change in Cash | $1.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $41.0B |
| Short-Term Investments | $13.1B |
| Net Receivables | $1.8B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $55.9B |
| PP&E (Net) | $1.3B |
| Goodwill | $5.6B |
| Intangible Assets | $939M |
| Long-Term Investments | $165.3B |
| Tax Assets | $9.5B |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $183.9B |
| TOTAL ASSETS | $239.7B |
| Account Payables | $0 |
| Short-Term Debt | $22.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $110.2B |
| TOTAL CURRENT LIABILITIES | $132.2B |
| Long-Term Debt | $30.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.0B |
| Other Non-Current Liabilities | $52.5B |
| TOTAL NON-CURRENT LIABILITIES | $83.8B |
| TOTAL LIABILITIES | $216.1B |
| Common Stock | $13.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | -$177M |
| Accum. Other Comp. Income | $10.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $23.6B |
| Minority Interest | $61M |
| TOTAL EQUITY | $23.7B |
| TOTAL LIABILITIES & EQUITY | $239.7B |
| Total Debt | $52.4B |
| Net Debt | $11.4B |
