| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.1B | $11.4B | $10.4B | 5.6% | 15.9% |
| Op. Income | $1.8B | $1.6B | $1.3B | 13.5% | 34.8% |
| Gross Margin | 37.0% | 36.0% | 35.9% | 1.0pp | 1.1pp |
| Net Margin | 10.8% | 11.1% | 10.0% | -0.3pp | 0.8pp |
| EPS (Diluted) | $1.33 | $1.31 | $1.07 | 1.7% | 23.8% |
| Free Cash Flow | $8.8B | $2.4B | -$4.9B | 271.8% | 278.4% |
| Item | Amount |
|---|---|
| REVENUE | $12.1B |
| Cost of Revenue | $7.6B |
| GROSS PROFIT | $4.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $57M |
| General & Administrative | $1.5B |
| SG&A Expenses | $1.6B |
| Other Expenses | $1.1B |
| Operating Expenses | $2.7B |
| Cost & Expenses | $10.3B |
| OPERATING INCOME | $1.8B |
| Interest Income | $9.8B |
| Interest Expense | $7.2B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.8B |
| Income Tax Expense | $471M |
| Net Income from Continuing Ops | $1.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.3B |
| D&A | $232M |
| EBIT | $1.8B |
| EBITDA | $2.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $12.1B |
| Cost of Revenue | $7.6B |
| GROSS PROFIT | $4.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $57M |
| General & Administrative | $1.5B |
| SG&A Expenses | $1.6B |
| Other Expenses | $1.1B |
| Operating Expenses | $2.7B |
| Cost & Expenses | $10.3B |
| OPERATING INCOME | $1.8B |
| Interest Income | $9.8B |
| Interest Expense | $7.2B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.8B |
| Income Tax Expense | $471M |
| Net Income from Continuing Ops | $1.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.3B |
| D&A | $232M |
| EBIT | $1.8B |
| EBITDA | $2.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.3B |
| Depreciation & Amortization | $232M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$16M |
| Other Non-Cash Items | -$435M |
| Change in Working Capital | $7.9B |
| OPERATING CASH FLOW | $9.0B |
| Capital Expenditure | -$201M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$15.1B |
| Sales/Maturities of Investments | $8.5B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6.8B |
| Net Debt Issuance | -$449M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$634M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1.1B |
| FREE CASH FLOW | $8.8B |
| Net Change in Cash | $1.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $35.0B |
| Short-Term Investments | $56.5B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $91.4B |
| PP&E (Net) | $2.4B |
| Goodwill | $4.0B |
| Intangible Assets | $2.0B |
| Long-Term Investments | $556.6B |
| Tax Assets | $453M |
| Other Non-Current Assets | $92.5B |
| TOTAL NON-CURRENT ASSETS | $655.0B |
| TOTAL ASSETS | $746.4B |
| Account Payables | $0 |
| Short-Term Debt | $137.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $425.5B |
| TOTAL CURRENT LIABILITIES | $563.2B |
| Long-Term Debt | $87.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $31M |
| Other Non-Current Liabilities | $53.5B |
| TOTAL NON-CURRENT LIABILITIES | $141.0B |
| TOTAL LIABILITIES | $704.2B |
| Common Stock | $12.4B |
| Additional Paid-In Capital | $94M |
| Retained Earnings | $24.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $42.0B |
| Minority Interest | $186M |
| TOTAL EQUITY | $42.2B |
| TOTAL LIABILITIES & EQUITY | $746.4B |
| Total Debt | $225.1B |
| Net Debt | $190.1B |
