| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $42.0B | $39.8B | — | 5.5% | — |
| Op. Income | $665M | $1.2B | — | -45.9% | — |
| Gross Margin | 9.6% | 11.1% | — | -1.5pp | — |
| Net Margin | 1.7% | 2.9% | — | -1.2pp | — |
| EPS (Diluted) | $1.36 | $2.16 | — | -37.0% | — |
| Free Cash Flow | -$1.1B | $2.0B | — | -156.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $42.0B |
| Cost of Revenue | $38.0B |
| GROSS PROFIT | $4.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.1B |
| Other Expenses | $313M |
| Operating Expenses | $3.4B |
| Cost & Expenses | $41.4B |
| OPERATING INCOME | $665M |
| Interest Income | $0 |
| Interest Expense | $176M |
| Other Income/Expenses | $256M |
| INCOME BEFORE TAX | $921M |
| Income Tax Expense | $211M |
| Net Income from Continuing Ops | $710M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $713M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $713M |
| D&A | $313M |
| EBIT | $1.1B |
| EBITDA | $1.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $42.0B |
| Cost of Revenue | $38.0B |
| GROSS PROFIT | $4.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.1B |
| Other Expenses | $313M |
| Operating Expenses | $3.4B |
| Cost & Expenses | $41.4B |
| OPERATING INCOME | $665M |
| Interest Income | $0 |
| Interest Expense | $176M |
| Other Income/Expenses | $256M |
| INCOME BEFORE TAX | $921M |
| Income Tax Expense | $211M |
| Net Income from Continuing Ops | $710M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $713M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $713M |
| D&A | $313M |
| EBIT | $1.1B |
| EBITDA | $1.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $710M |
| Depreciation & Amortization | $313M |
| Stock-Based Compensation | $49M |
| Deferred Income Tax | -$26M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$2.0B |
| OPERATING CASH FLOW | -$978M |
| Capital Expenditure | -$153M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.3B |
| Sales/Maturities of Investments | $1.6B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$839M |
| Net Debt Issuance | -$29M |
| Common Stock Repurchased | -$1.2B |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$1.2B |
| FREE CASH FLOW | -$1.1B |
| Net Change in Cash | -$3.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14.6B |
| Short-Term Investments | $3.0B |
| Net Receivables | $18.3B |
| Inventory | $0 |
| Other Current Assets | $1.6B |
| TOTAL CURRENT ASSETS | $37.4B |
| PP&E (Net) | $2.0B |
| Goodwill | $17.6B |
| Intangible Assets | $5.6B |
| Long-Term Investments | $17.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.1B |
| TOTAL NON-CURRENT ASSETS | $44.9B |
| TOTAL ASSETS | $82.4B |
| Account Payables | $13.3B |
| Short-Term Debt | $111M |
| Deferred Revenue | $658M |
| Other Current Liabilities | $18.0B |
| TOTAL CURRENT LIABILITIES | $34.1B |
| Long-Term Debt | $17.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $769M |
| Other Non-Current Liabilities | $2.6B |
| TOTAL NON-CURRENT LIABILITIES | $20.9B |
| TOTAL LIABILITIES | $54.9B |
| Common Stock | $1M |
| Additional Paid-In Capital | $20.5B |
| Retained Earnings | $15.1B |
| Treasury Stock | -$8.1B |
| Accum. Other Comp. Income | -$226M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $27.3B |
| Minority Interest | $102M |
| TOTAL EQUITY | $27.4B |
| TOTAL LIABILITIES & EQUITY | $82.4B |
| Total Debt | $17.6B |
| Net Debt | $3.0B |
