| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.1B | $3.1B | $3.0B | -0.1% | 2.9% |
| Op. Income | $480M | $430M | $612M | 11.6% | -21.6% |
| Gross Margin | 56.9% | 57.2% | 63.2% | -0.3pp | -6.3pp |
| Net Margin | 12.5% | 10.7% | 15.7% | 1.9pp | -3.2pp |
| EPS (Diluted) | $0.78 | $0.66 | $0.92 | 18.2% | -15.2% |
| Free Cash Flow | $804M | $544M | $83M | 47.8% | 868.7% |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $49M |
| General & Administrative | $691M |
| SG&A Expenses | $740M |
| Other Expenses | $557M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $480M |
| Interest Income | $2.6B |
| Interest Expense | $1.2B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $480M |
| Income Tax Expense | $88M |
| Net Income from Continuing Ops | $392M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $392M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $357M |
| D&A | $143M |
| EBIT | $480M |
| EBITDA | $623M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $49M |
| General & Administrative | $691M |
| SG&A Expenses | $740M |
| Other Expenses | $557M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $480M |
| Interest Income | $2.6B |
| Interest Expense | $1.2B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $480M |
| Income Tax Expense | $88M |
| Net Income from Continuing Ops | $392M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $392M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $357M |
| D&A | $143M |
| EBIT | $480M |
| EBITDA | $623M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $392M |
| Depreciation & Amortization | $143M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | -$32M |
| Other Non-Cash Items | $96M |
| Change in Working Capital | $214M |
| OPERATING CASH FLOW | $834M |
| Capital Expenditure | -$30M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.4B |
| Sales/Maturities of Investments | $910M |
| Other Investing Activities | $729M |
| NET CASH FROM INVESTING | $179M |
| Net Debt Issuance | -$738M |
| Common Stock Repurchased | -$200M |
| Common Dividends Paid | -$194M |
| Other Financing Activities | $321M |
| NET CASH FROM FINANCING | -$841M |
| FREE CASH FLOW | $804M |
| Net Change in Cash | $172M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12.3B |
| Short-Term Investments | $31.9B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $44.2B |
| PP&E (Net) | $863M |
| Goodwill | $8.2B |
| Intangible Assets | $139M |
| Long-Term Investments | $149.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $17.1B |
| TOTAL NON-CURRENT ASSETS | $175.7B |
| TOTAL ASSETS | $219.9B |
| Account Payables | $0 |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $176.4B |
| TOTAL CURRENT LIABILITIES | $176.4B |
| Long-Term Debt | $13.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6.6B |
| TOTAL NON-CURRENT LIABILITIES | $19.7B |
| TOTAL LIABILITIES | $196.1B |
| Common Stock | $6M |
| Additional Paid-In Capital | $22.3B |
| Retained Earnings | $10.1B |
| Treasury Stock | -$6.5B |
| Accum. Other Comp. Income | -$4.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $23.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $23.9B |
| TOTAL LIABILITIES & EQUITY | $219.9B |
| Total Debt | $13.1B |
| Net Debt | $754M |
