| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.6B | $8.2B | $7.7B | 4.3% | 11.4% |
| Op. Income | $1.5B | $412M | $193M | 258.3% | 664.8% |
| Gross Margin | 75.4% | 74.2% | 72.4% | 1.2pp | 3.0pp |
| Net Margin | 14.7% | 2.4% | 0.9% | 12.3pp | 13.8pp |
| EPS (Diluted) | $1.28 | $0.20 | $0.07 | 540.0% | 1785.1% |
| Free Cash Flow | $628M | $4.2B | $131M | -85.2% | 379.4% |
| Item | Amount |
|---|---|
| REVENUE | $8.6B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $6.5B |
| R&D Expenses | $1.2B |
| Selling & Marketing | $3.1B |
| General & Administrative | $632M |
| SG&A Expenses | $3.7B |
| Other Expenses | $49M |
| Operating Expenses | $5.0B |
| Cost & Expenses | $7.1B |
| OPERATING INCOME | $1.5B |
| Interest Income | $0 |
| Interest Expense | $70M |
| Other Income/Expenses | $16M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $225M |
| 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 | $890M |
| EBIT | $1.5B |
| EBITDA | $2.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $8.6B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $6.5B |
| R&D Expenses | $1.2B |
| Selling & Marketing | $3.1B |
| General & Administrative | $632M |
| SG&A Expenses | $3.7B |
| Other Expenses | $49M |
| Operating Expenses | $5.0B |
| Cost & Expenses | $7.1B |
| OPERATING INCOME | $1.5B |
| Interest Income | $0 |
| Interest Expense | $70M |
| Other Income/Expenses | $16M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $225M |
| 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 | $890M |
| EBIT | $1.5B |
| EBITDA | $2.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.3B |
| Depreciation & Amortization | $890M |
| Stock-Based Compensation | $724M |
| Deferred Income Tax | $29M |
| Other Non-Cash Items | $476M |
| Change in Working Capital | -$2.6B |
| OPERATING CASH FLOW | $808M |
| Capital Expenditure | -$180M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.0B |
| Sales/Maturities of Investments | $1.0B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1.2B |
| Net Debt Issuance | -$463M |
| Common Stock Repurchased | -$1.9B |
| Common Dividends Paid | $0 |
| Other Financing Activities | $362M |
| NET CASH FROM FINANCING | -$2.0B |
| FREE CASH FLOW | $628M |
| Net Change in Cash | -$2.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.8B |
| Short-Term Investments | $5.6B |
| Net Receivables | $5.4B |
| Inventory | $0 |
| Other Current Assets | $1.8B |
| TOTAL CURRENT ASSETS | $21.1B |
| PP&E (Net) | $6.5B |
| Goodwill | $48.6B |
| Intangible Assets | $6.2B |
| Long-Term Investments | $4.8B |
| Tax Assets | $3.0B |
| Other Non-Current Assets | $2.4B |
| TOTAL NON-CURRENT ASSETS | $71.3B |
| TOTAL ASSETS | $92.4B |
| Account Payables | $0 |
| Short-Term Debt | $999M |
| Deferred Revenue | $14.2B |
| Other Current Liabilities | $5.1B |
| TOTAL CURRENT LIABILITIES | $20.8B |
| Long-Term Debt | $8.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.3B |
| TOTAL NON-CURRENT LIABILITIES | $13.6B |
| TOTAL LIABILITIES | $34.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $57.3B |
| Retained Earnings | $9.1B |
| Treasury Stock | -$8.1B |
| Accum. Other Comp. Income | -$258M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $58.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $58.1B |
| TOTAL LIABILITIES & EQUITY | $92.4B |
| Total Debt | $12.8B |
| Net Debt | $6.0B |
