| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.7B | $8.6B | $7.8B | 1.4% | 11.3% |
| Op. Income | $1.5B | $1.5B | $460M | 1.7% | 226.3% |
| Gross Margin | 75.3% | 75.4% | 73.4% | -0.2pp | 1.9pp |
| Net Margin | 14.0% | 14.7% | 2.7% | -0.7pp | 11.4pp |
| EPS (Diluted) | $1.25 | $1.28 | $0.21 | -2.3% | 495.2% |
| Free Cash Flow | $1.4B | $628M | $115M | 117.5% | 1087.8% |
| Item | Amount |
|---|---|
| REVENUE | $8.7B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $6.6B |
| R&D Expenses | $1.2B |
| Selling & Marketing | $3.2B |
| General & Administrative | $632M |
| SG&A Expenses | $3.8B |
| Other Expenses | $55M |
| Operating Expenses | $5.1B |
| Cost & Expenses | $7.2B |
| OPERATING INCOME | $1.5B |
| Interest Income | $0 |
| Interest Expense | $70M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $263M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $862M |
| EBIT | $1.6B |
| EBITDA | $2.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $8.7B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $6.6B |
| R&D Expenses | $1.2B |
| Selling & Marketing | $3.2B |
| General & Administrative | $632M |
| SG&A Expenses | $3.8B |
| Other Expenses | $55M |
| Operating Expenses | $5.1B |
| Cost & Expenses | $7.2B |
| OPERATING INCOME | $1.5B |
| Interest Income | $0 |
| Interest Expense | $70M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $263M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $862M |
| EBIT | $1.6B |
| EBITDA | $2.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.2B |
| Depreciation & Amortization | $862M |
| Stock-Based Compensation | $693M |
| Deferred Income Tax | -$722M |
| Other Non-Cash Items | $1.3B |
| Change in Working Capital | -$1.8B |
| OPERATING CASH FLOW | $1.5B |
| Capital Expenditure | -$166M |
| Acquisitions (Net) | -$82M |
| Purchases of Investments | -$764M |
| Sales/Maturities of Investments | $958M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$54M |
| Net Debt Issuance | -$114M |
| Common Stock Repurchased | -$1.9B |
| Common Dividends Paid | $0 |
| Other Financing Activities | $274M |
| NET CASH FROM FINANCING | -$1.8B |
| FREE CASH FLOW | $1.4B |
| Net Change in Cash | -$319M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.5B |
| Short-Term Investments | $5.4B |
| Net Receivables | $4.8B |
| Inventory | $0 |
| Other Current Assets | $1.8B |
| TOTAL CURRENT ASSETS | $20.2B |
| PP&E (Net) | $6.3B |
| Goodwill | $48.6B |
| Intangible Assets | $5.7B |
| Long-Term Investments | $4.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.4B |
| TOTAL NON-CURRENT ASSETS | $70.8B |
| TOTAL ASSETS | $91.0B |
| Account Payables | $0 |
| Short-Term Debt | $999M |
| Deferred Revenue | $12.6B |
| Other Current Liabilities | $5.3B |
| TOTAL CURRENT LIABILITIES | $19.4B |
| Long-Term Debt | $8.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.3B |
| TOTAL NON-CURRENT LIABILITIES | $13.5B |
| TOTAL LIABILITIES | $32.9B |
| Common Stock | $1M |
| Additional Paid-In Capital | $58.1B |
| Retained Earnings | $10.3B |
| Treasury Stock | -$10.0B |
| Accum. Other Comp. Income | -$331M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $58.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $58.1B |
| TOTAL LIABILITIES & EQUITY | $91.0B |
| Total Debt | $12.7B |
| Net Debt | $6.3B |
