| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $43.4B | $42.6B | $40.7B | 1.7% | 6.4% |
| Op. Income | $4.4B | $4.3B | $4.8B | 1.9% | -8.3% |
| Gross Margin | 40.7% | 41.5% | 44.0% | -0.7pp | -3.2pp |
| Net Margin | 7.5% | 7.5% | 8.7% | -0.1pp | -1.2pp |
| EPS (Diluted) | $1.51 | $1.52 | $1.63 | -0.7% | -7.4% |
| Free Cash Flow | -$18.2B | -$18.6B | $14.1B | 2.0% | -229.3% |
| Item | Amount |
|---|---|
| REVENUE | $43.4B |
| Cost of Revenue | $25.7B |
| GROSS PROFIT | $17.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $282M |
| General & Administrative | $7.1B |
| SG&A Expenses | $7.4B |
| Other Expenses | $5.9B |
| Operating Expenses | $13.3B |
| Cost & Expenses | $39.0B |
| OPERATING INCOME | $4.4B |
| Interest Income | $36.5B |
| Interest Expense | $23.1B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4.4B |
| Income Tax Expense | $1.1B |
| Net Income from Continuing Ops | $3.3B |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $3.2B |
| Net Income Deductions | -$20M |
| BOTTOM LINE NET INCOME | $2.9B |
| D&A | $1.1B |
| EBIT | $4.4B |
| EBITDA | $5.5B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $43.4B |
| Cost of Revenue | $25.7B |
| GROSS PROFIT | $17.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $282M |
| General & Administrative | $7.1B |
| SG&A Expenses | $7.4B |
| Other Expenses | $5.9B |
| Operating Expenses | $13.3B |
| Cost & Expenses | $39.0B |
| OPERATING INCOME | $4.4B |
| Interest Income | $36.5B |
| Interest Expense | $23.1B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4.4B |
| Income Tax Expense | $1.1B |
| Net Income from Continuing Ops | $3.3B |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $3.2B |
| Net Income Deductions | -$20M |
| BOTTOM LINE NET INCOME | $2.9B |
| D&A | $1.1B |
| EBIT | $4.4B |
| EBITDA | $5.5B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $3.2B |
| Depreciation & Amortization | $1.1B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$621M |
| Other Non-Cash Items | -$2.4B |
| Change in Working Capital | -$18.0B |
| OPERATING CASH FLOW | -$16.7B |
| Capital Expenditure | -$1.6B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$56.3B |
| Sales/Maturities of Investments | $80.0B |
| Other Investing Activities | $29.3B |
| NET CASH FROM INVESTING | $51.4B |
| Net Debt Issuance | $14.4B |
| Common Stock Repurchased | -$4.2B |
| Common Dividends Paid | -$1.3B |
| Other Financing Activities | $5.0B |
| NET CASH FROM FINANCING | $15.4B |
| FREE CASH FLOW | -$18.2B |
| Net Change in Cash | $57.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $303.1B |
| Short-Term Investments | $231.9B |
| Net Receivables | $63.9B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $598.9B |
| PP&E (Net) | $30.1B |
| Goodwill | $19.7B |
| Intangible Assets | $4.1B |
| Long-Term Investments | $927.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $850.7B |
| TOTAL NON-CURRENT ASSETS | $1.8T |
| TOTAL ASSETS | $2.4T |
| Account Payables | $81.2B |
| Short-Term Debt | $319.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.5T |
| TOTAL CURRENT LIABILITIES | $1.9T |
| Long-Term Debt | $299.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $68.2B |
| TOTAL NON-CURRENT LIABILITIES | $367.3B |
| TOTAL LIABILITIES | $2.2T |
| Common Stock | $31M |
| Additional Paid-In Capital | $109.0B |
| Retained Earnings | $204.8B |
| Treasury Stock | -$75.8B |
| Accum. Other Comp. Income | -$45.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $209.1B |
| Minority Interest | $819M |
| TOTAL EQUITY | $209.9B |
| TOTAL LIABILITIES & EQUITY | $2.4T |
| Total Debt | $618.8B |
| Net Debt | $315.7B |
