| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.4B | $674M | -16.9% | 78.8% |
| Op. Income | $170M | $343M | -$80M | -50.6% | 312.4% |
| Gross Margin | 71.0% | 73.8% | 61.0% | -2.8pp | 10.0pp |
| Net Margin | 6.3% | 2.5% | -0.3% | 3.8pp | 6.6pp |
| EPS (Diluted) | $0.28 | $0.14 | $-0.01 | 100.0% | 3047.4% |
| Free Cash Flow | $697M | $484M | $314M | 43.9% | 121.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $350M |
| GROSS PROFIT | $856M |
| R&D Expenses | $377M |
| Selling & Marketing | $125M |
| General & Administrative | $192M |
| SG&A Expenses | $317M |
| Other Expenses | -$9M |
| Operating Expenses | $686M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $170M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | -$101M |
| INCOME BEFORE TAX | $69M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | $75M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $75M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $75M |
| D&A | $31M |
| EBIT | $89M |
| EBITDA | $120M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $350M |
| GROSS PROFIT | $856M |
| R&D Expenses | $377M |
| Selling & Marketing | $125M |
| General & Administrative | $192M |
| SG&A Expenses | $317M |
| Other Expenses | -$9M |
| Operating Expenses | $686M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $170M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | -$101M |
| INCOME BEFORE TAX | $69M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | $75M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $75M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $75M |
| D&A | $31M |
| EBIT | $89M |
| EBITDA | $120M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $75M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $248M |
| Deferred Income Tax | -$23M |
| Other Non-Cash Items | $102M |
| Change in Working Capital | $263M |
| OPERATING CASH FLOW | $697M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$18M |
| Sales/Maturities of Investments | $161.0K |
| Other Investing Activities | -$70M |
| NET CASH FROM INVESTING | -$89M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$322M |
| NET CASH FROM FINANCING | -$311M |
| FREE CASH FLOW | $697M |
| Net Change in Cash | $342M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.7B |
| Short-Term Investments | $761M |
| Net Receivables | $724M |
| Inventory | $0 |
| Other Current Assets | $277.2B |
| TOTAL CURRENT ASSETS | $286.4B |
| PP&E (Net) | $193M |
| Goodwill | $1.1B |
| Intangible Assets | $52M |
| Long-Term Investments | $1.6B |
| Tax Assets | $1.0B |
| Other Non-Current Assets | $96M |
| TOTAL NON-CURRENT ASSETS | $4.1B |
| TOTAL ASSETS | $290.6B |
| Account Payables | $39M |
| Short-Term Debt | $265M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $276.8B |
| TOTAL CURRENT LIABILITIES | $277.6B |
| Long-Term Debt | $4.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $4.2B |
| TOTAL LIABILITIES | $281.8B |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $5.1B |
| Retained Earnings | $3.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$29M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $8.7B |
| TOTAL LIABILITIES & EQUITY | $290.6B |
| Total Debt | $4.5B |
| Net Debt | -$3.2B |
