| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.6B | $708M | -11.5% | 104.8% |
| Op. Income | $343M | $760M | -$74M | -54.9% | 566.3% |
| Gross Margin | 73.8% | 75.0% | 61.8% | -1.2pp | 12.0pp |
| Net Margin | 2.5% | 71.8% | -13.8% | -69.3pp | 16.3pp |
| EPS (Diluted) | $0.14 | $4.40 | $-0.42 | -96.8% | 133.3% |
| Free Cash Flow | $484M | $411M | $151M | 17.7% | 220.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $379M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $364M |
| Selling & Marketing | $127M |
| General & Administrative | $171M |
| SG&A Expenses | $297M |
| Other Expenses | $65M |
| Operating Expenses | $727M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $343M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | -$403M |
| INCOME BEFORE TAX | -$60M |
| Income Tax Expense | -$96M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $22.0K |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $35M |
| EBIT | -$40M |
| EBITDA | -$5M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $36M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $218M |
| Deferred Income Tax | -$130M |
| Other Non-Cash Items | $227M |
| Change in Working Capital | $99M |
| OPERATING CASH FLOW | $484M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $135.0K |
| Sales/Maturities of Investments | $766.0K |
| Other Investing Activities | -$20M |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$954M |
| NET CASH FROM FINANCING | -$934M |
| FREE CASH FLOW | $484M |
| Net Change in Cash | -$473M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.2B |
| Short-Term Investments | $812M |
| Net Receivables | $956M |
| Inventory | $0 |
| Other Current Assets | $273.8B |
| TOTAL CURRENT ASSETS | $282.9B |
| PP&E (Net) | $190M |
| Goodwill | $1.1B |
| Intangible Assets | $71M |
| Long-Term Investments | $1.6B |
| Tax Assets | $1.0B |
| Other Non-Current Assets | $88M |
| TOTAL NON-CURRENT ASSETS | $4.1B |
| TOTAL ASSETS | $287.0B |
| Account Payables | $37M |
| Short-Term Debt | $237M |
| Deferred Revenue | $273.4B |
| Other Current Liabilities | $272M |
| TOTAL CURRENT LIABILITIES | $274.4B |
| Long-Term Debt | $4.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $4.2B |
| TOTAL LIABILITIES | $278.6B |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $4.8B |
| Retained Earnings | $3.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$40M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $8.4B |
| TOTAL LIABILITIES & EQUITY | $287.0B |
| Total Debt | $4.5B |
| Net Debt | -$2.8B |
