| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $25.4B | $26.8B | $22.9B | -5.3% | 10.8% |
| Op. Income | $1.8B | $3.1B | $2.1B | -40.8% | -10.3% |
| Gross Margin | 12.4% | 15.8% | 13.2% | -3.3pp | -0.8pp |
| Net Margin | 3.0% | 5.3% | 1.5% | -2.2pp | 1.5pp |
| EPS (Diluted) | $0.44 | $0.87 | $0.21 | -48.6% | 111.1% |
| Free Cash Flow | $3.0B | -$32M | $2.2B | 9533.3% | 35.0% |
| Item | Amount |
|---|---|
| REVENUE | $25.4B |
| Cost of Revenue | $22.2B |
| GROSS PROFIT | $3.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $961M |
| SG&A Expenses | $961M |
| Other Expenses | $347M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $23.5B |
| OPERATING INCOME | $1.8B |
| Interest Income | $0 |
| Interest Expense | $257M |
| Other Income/Expenses | $574M |
| INCOME BEFORE TAX | $2.4B |
| Income Tax Expense | $1.6B |
| Net Income from Continuing Ops | $813M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $773M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $773M |
| D&A | $2.3B |
| EBIT | $4.3B |
| EBITDA | $6.6B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $25.4B |
| Cost of Revenue | $22.2B |
| GROSS PROFIT | $3.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $961M |
| SG&A Expenses | $961M |
| Other Expenses | $347M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $23.5B |
| OPERATING INCOME | $1.8B |
| Interest Income | $0 |
| Interest Expense | $257M |
| Other Income/Expenses | $574M |
| INCOME BEFORE TAX | $2.4B |
| Income Tax Expense | $1.6B |
| Net Income from Continuing Ops | $813M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $773M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $773M |
| D&A | $2.3B |
| EBIT | $4.3B |
| EBITDA | $6.6B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $773M |
| Depreciation & Amortization | $2.2B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $1.6B |
| Other Non-Cash Items | -$224M |
| Change in Working Capital | $967M |
| OPERATING CASH FLOW | $5.3B |
| Capital Expenditure | -$2.4B |
| Acquisitions (Net) | -$430M |
| Purchases of Investments | -$203M |
| Sales/Maturities of Investments | $461M |
| Other Investing Activities | -$20M |
| NET CASH FROM INVESTING | -$2.6B |
| Net Debt Issuance | -$40M |
| Common Stock Repurchased | -$196M |
| Common Dividends Paid | -$851M |
| Other Financing Activities | -$72M |
| NET CASH FROM FINANCING | -$1.2B |
| FREE CASH FLOW | $3.0B |
| Net Change in Cash | $1.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11.9B |
| Short-Term Investments | $8.5B |
| Net Receivables | $20.5B |
| Inventory | $7.8B |
| Other Current Assets | $10.5B |
| TOTAL CURRENT ASSETS | $59.2B |
| PP&E (Net) | $73.6B |
| Goodwill | $3.7B |
| Intangible Assets | $3.9B |
| Long-Term Investments | $17.1B |
| Tax Assets | $5.1B |
| Other Non-Current Assets | $9.7B |
| TOTAL NON-CURRENT ASSETS | $113.0B |
| TOTAL ASSETS | $172.2B |
| Account Payables | $14.8B |
| Short-Term Debt | $8.2B |
| Deferred Revenue | $1.3B |
| Other Current Liabilities | $7.6B |
| TOTAL CURRENT LIABILITIES | $45.0B |
| Long-Term Debt | $27.3B |
| Deferred Revenue NC | $859M |
| Deferred Tax Liabilities | $6.2B |
| Other Non-Current Liabilities | $23.3B |
| TOTAL NON-CURRENT LIABILITIES | $62.7B |
| TOTAL LIABILITIES | $107.6B |
| Common Stock | $4.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $43.7B |
| Treasury Stock | -$1.8B |
| Accum. Other Comp. Income | $17.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $63.6B |
| Minority Interest | $1.0B |
| TOTAL EQUITY | $64.6B |
| TOTAL LIABILITIES & EQUITY | $172.2B |
| Total Debt | $41.8B |
| Net Debt | $29.9B |
