| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.9B | $6.0B | $6.1B | -2.7% | -4.1% |
| Op. Income | $2.1B | $2.1B | $2.6B | -1.9% | -18.3% |
| Gross Margin | 68.2% | 70.2% | 72.6% | -2.0pp | -4.5pp |
| Net Margin | 28.5% | 28.0% | 33.2% | 0.5pp | -4.7pp |
| EPS (Diluted) | $2.95 | $2.95 | $3.48 | 0.0% | -15.2% |
| Free Cash Flow | $2.1B | $1.2B | $1.2B | 71.1% | 75.9% |
| Item | Amount |
|---|---|
| REVENUE | $5.9B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $4.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.5B |
| General & Administrative | $167M |
| SG&A Expenses | $1.7B |
| Other Expenses | $241M |
| Operating Expenses | $1.9B |
| Cost & Expenses | $3.8B |
| OPERATING INCOME | $2.1B |
| Interest Income | $0 |
| Interest Expense | $31M |
| Other Income/Expenses | $45M |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | $461M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.7B |
| D&A | $1.0B |
| EBIT | $2.2B |
| EBITDA | $3.2B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $5.9B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $4.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.5B |
| General & Administrative | $167M |
| SG&A Expenses | $1.7B |
| Other Expenses | $241M |
| Operating Expenses | $1.9B |
| Cost & Expenses | $3.8B |
| OPERATING INCOME | $2.1B |
| Interest Income | $0 |
| Interest Expense | $31M |
| Other Income/Expenses | $45M |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | $461M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.7B |
| D&A | $1.0B |
| EBIT | $2.2B |
| EBITDA | $3.2B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $1.7B |
| Depreciation & Amortization | $1.0B |
| Stock-Based Compensation | $58M |
| Deferred Income Tax | $220M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $600M |
| OPERATING CASH FLOW | $3.6B |
| Capital Expenditure | -$1.5B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$59M |
| NET CASH FROM INVESTING | -$1.6B |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | -$795M |
| Common Dividends Paid | -$533M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1.3B |
| FREE CASH FLOW | $2.1B |
| Net Change in Cash | $691M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.1B |
| Short-Term Investments | $0 |
| Net Receivables | $2.5B |
| Inventory | $1.0B |
| Other Current Assets | $458M |
| TOTAL CURRENT ASSETS | $10.2B |
| PP&E (Net) | $34.1B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $148M |
| Tax Assets | $42M |
| Other Non-Current Assets | $1.7B |
| TOTAL NON-CURRENT ASSETS | $36.0B |
| TOTAL ASSETS | $46.2B |
| Account Payables | $2.3B |
| Short-Term Debt | $34M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $376M |
| TOTAL CURRENT LIABILITIES | $4.4B |
| Long-Term Debt | $3.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5.9B |
| Other Non-Current Liabilities | $2.5B |
| TOTAL NON-CURRENT LIABILITIES | $12.2B |
| TOTAL LIABILITIES | $16.6B |
| Common Stock | $206M |
| Additional Paid-In Capital | $6.1B |
| Retained Earnings | $26.2B |
| Treasury Stock | -$2.9B |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $29.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $29.6B |
| TOTAL LIABILITIES & EQUITY | $46.2B |
| Total Debt | $4.1B |
| Net Debt | -$2.0B |
