| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16.7B | $13.7B | $15.6B | 21.2% | 6.9% |
| Op. Income | $2.3B | $614M | $2.5B | 269.2% | -9.0% |
| Gross Margin | 30.7% | 20.7% | 29.9% | 10.0pp | 0.8pp |
| Net Margin | 7.8% | 0.3% | 11.7% | 7.6pp | -3.9pp |
| EPS (Diluted) | $2.01 | $0.06 | $2.85 | 3401.7% | -29.5% |
| Free Cash Flow | $1.1B | $1.2B | $1.2B | -6.2% | -1.5% |
| Item | Amount |
|---|---|
| REVENUE | $16.7B |
| Cost of Revenue | $11.5B |
| GROSS PROFIT | $5.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $672M |
| General & Administrative | $519M |
| SG&A Expenses | $1.2B |
| Other Expenses | $1.7B |
| Operating Expenses | $2.9B |
| Cost & Expenses | $14.4B |
| OPERATING INCOME | $2.3B |
| Interest Income | $0 |
| Interest Expense | $188M |
| Other Income/Expenses | -$494M |
| INCOME BEFORE TAX | $1.8B |
| Income Tax Expense | $468M |
| 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 | $620M |
| EBIT | $2.0B |
| EBITDA | $2.6B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $16.7B |
| Cost of Revenue | $11.5B |
| GROSS PROFIT | $5.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $672M |
| General & Administrative | $519M |
| SG&A Expenses | $1.2B |
| Other Expenses | $1.7B |
| Operating Expenses | $2.9B |
| Cost & Expenses | $14.4B |
| OPERATING INCOME | $2.3B |
| Interest Income | $0 |
| Interest Expense | $188M |
| Other Income/Expenses | -$494M |
| INCOME BEFORE TAX | $1.8B |
| Income Tax Expense | $468M |
| 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 | $620M |
| EBIT | $2.0B |
| EBITDA | $2.6B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $1.3B |
| Depreciation & Amortization | $620M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $524M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $2.4B |
| Capital Expenditure | -$1.3B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $467M |
| Other Investing Activities | $33M |
| NET CASH FROM INVESTING | -$809M |
| Net Debt Issuance | -$1.4B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$64M |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | -$1.5B |
| FREE CASH FLOW | $1.1B |
| Net Change in Cash | $221M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.1B |
| Short-Term Investments | $124M |
| Net Receivables | $3.8B |
| Inventory | $1.5B |
| Other Current Assets | $2.1B |
| TOTAL CURRENT ASSETS | $11.6B |
| PP&E (Net) | $43.1B |
| Goodwill | $9.8B |
| Intangible Assets | $6.0B |
| Long-Term Investments | $3.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.7B |
| TOTAL NON-CURRENT ASSETS | $63.6B |
| TOTAL ASSETS | $75.2B |
| Account Payables | $4.9B |
| Short-Term Debt | $3.0B |
| Deferred Revenue | $4.0B |
| Other Current Liabilities | $10.5B |
| TOTAL CURRENT LIABILITIES | $28.8B |
| Long-Term Debt | $15.0B |
| Deferred Revenue NC | $4.6B |
| Deferred Tax Liabilities | $1.4B |
| Other Non-Current Liabilities | $7.0B |
| TOTAL NON-CURRENT LIABILITIES | $34.1B |
| TOTAL LIABILITIES | $62.8B |
| Common Stock | $0 |
| Additional Paid-In Capital | $11.6B |
| Retained Earnings | $6.8B |
| Treasury Stock | -$286M |
| Accum. Other Comp. Income | -$5.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $12.4B |
| TOTAL LIABILITIES & EQUITY | $75.2B |
| Total Debt | $24.8B |
| Net Debt | $20.7B |
