| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.7B | $12.8B | $14.6B | -0.7% | -12.8% |
| Op. Income | $2.2B | $3.1B | $3.9B | -29.2% | -44.5% |
| Gross Margin | 65.1% | 64.2% | 63.4% | 0.9pp | 1.8pp |
| Net Margin | 14.8% | 20.6% | 22.0% | -5.7pp | -7.2pp |
| EPS (Diluted) | $0.46 | $0.65 | $0.78 | -29.2% | -41.0% |
| Free Cash Flow | $3.8B | $638M | $4.9B | 496.1% | -23.2% |
| Item | Amount |
|---|---|
| REVENUE | $12.7B |
| Cost of Revenue | $4.4B |
| GROSS PROFIT | $8.3B |
| R&D Expenses | $1.9B |
| Selling & Marketing | $2.6B |
| General & Administrative | $736M |
| SG&A Expenses | $3.3B |
| Other Expenses | $839M |
| Operating Expenses | $6.1B |
| Cost & Expenses | $10.5B |
| OPERATING INCOME | $2.2B |
| Interest Income | $411M |
| Interest Expense | $357M |
| Other Income/Expenses | $44M |
| INCOME BEFORE TAX | $2.2B |
| Income Tax Expense | $349M |
| Net Income from Continuing Ops | $1.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.9B |
| D&A | $861M |
| EBIT | $2.6B |
| EBITDA | $3.5B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $12.7B |
| Cost of Revenue | $4.4B |
| GROSS PROFIT | $8.3B |
| R&D Expenses | $1.9B |
| Selling & Marketing | $2.6B |
| General & Administrative | $736M |
| SG&A Expenses | $3.3B |
| Other Expenses | $839M |
| Operating Expenses | $6.1B |
| Cost & Expenses | $10.5B |
| OPERATING INCOME | $2.2B |
| Interest Income | $411M |
| Interest Expense | $357M |
| Other Income/Expenses | $44M |
| INCOME BEFORE TAX | $2.2B |
| Income Tax Expense | $349M |
| Net Income from Continuing Ops | $1.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.9B |
| D&A | $861M |
| EBIT | $2.6B |
| EBITDA | $3.5B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1.9B |
| Depreciation & Amortization | $861M |
| Stock-Based Compensation | $811M |
| Deferred Income Tax | $571M |
| Other Non-Cash Items | $26M |
| Change in Working Capital | -$184M |
| OPERATING CASH FLOW | $4.0B |
| Capital Expenditure | -$168M |
| Acquisitions (Net) | -$25.0B |
| Purchases of Investments | -$823M |
| Sales/Maturities of Investments | $3.2B |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$22.8B |
| Net Debt Issuance | $17.2B |
| Common Stock Repurchased | -$2.0B |
| Common Dividends Paid | -$1.6B |
| Other Financing Activities | $536M |
| NET CASH FROM FINANCING | $14.1B |
| FREE CASH FLOW | $3.8B |
| Net Change in Cash | -$4.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.9B |
| Short-Term Investments | $9.9B |
| Net Receivables | $8.6B |
| Inventory | $3.1B |
| Other Current Assets | $5.4B |
| TOTAL CURRENT ASSETS | $35.9B |
| PP&E (Net) | $2.0B |
| Goodwill | $58.6B |
| Intangible Assets | $11.8B |
| Long-Term Investments | $0 |
| Tax Assets | $5.5B |
| Other Non-Current Assets | $9.1B |
| TOTAL NON-CURRENT ASSETS | $87.1B |
| TOTAL ASSETS | $123.0B |
| Account Payables | $2.1B |
| Short-Term Debt | $11.9B |
| Deferred Revenue | $15.8B |
| Other Current Liabilities | $8.5B |
| TOTAL CURRENT LIABILITIES | $40.1B |
| Long-Term Debt | $20.1B |
| Deferred Revenue NC | $11.7B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.3B |
| TOTAL NON-CURRENT LIABILITIES | $37.1B |
| TOTAL LIABILITIES | $77.2B |
| Common Stock | $45.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $45.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $45.8B |
| TOTAL LIABILITIES & EQUITY | $123.0B |
| Total Debt | $32.0B |
| Net Debt | $23.1B |
