| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $693M | $585M | $504M | 18.5% | 37.7% |
| Op. Income | $110M | $86M | $59M | 27.4% | 85.8% |
| Gross Margin | 99.4% | 99.3% | 99.2% | 0.1pp | 0.2pp |
| Net Margin | 10.6% | 14.6% | 7.4% | -4.0pp | 3.2pp |
| EPS (Diluted) | $1.81 | $2.09 | $0.95 | -13.4% | 90.5% |
| Free Cash Flow | $341M | -$282M | $172M | 220.7% | 98.4% |
| Item | Amount |
|---|---|
| REVENUE | $693M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $689M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $459M |
| SG&A Expenses | $459M |
| Other Expenses | $120M |
| Operating Expenses | $579M |
| Cost & Expenses | $583M |
| OPERATING INCOME | $110M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $110M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $82M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $74M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $74M |
| D&A | -$832.0K |
| EBIT | $110M |
| EBITDA | $109M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $693M |
| Cost of Revenue | $4M |
| GROSS PROFIT | $689M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $459M |
| SG&A Expenses | $459M |
| Other Expenses | $120M |
| Operating Expenses | $579M |
| Cost & Expenses | $583M |
| OPERATING INCOME | $110M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $110M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $82M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $74M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $74M |
| D&A | -$832.0K |
| EBIT | $110M |
| EBITDA | $109M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $74M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $149M |
| Deferred Income Tax | -$559.0K |
| Other Non-Cash Items | $10M |
| Change in Working Capital | $110M |
| OPERATING CASH FLOW | $348M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$545M |
| Sales/Maturities of Investments | $361M |
| Other Investing Activities | -$85.0K |
| NET CASH FROM INVESTING | -$193M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$55M |
| Common Dividends Paid | -$31M |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$92M |
| FREE CASH FLOW | $341M |
| Net Change in Cash | $62M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $632M |
| Short-Term Investments | $1.1B |
| Net Receivables | $361M |
| Inventory | $0 |
| Other Current Assets | $191M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $494M |
| Goodwill | $125M |
| Intangible Assets | $0 |
| Long-Term Investments | $681M |
| Tax Assets | $274M |
| Other Non-Current Assets | -$503M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $3.3B |
| Account Payables | $36M |
| Short-Term Debt | $38M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $74M |
| Long-Term Debt | $374M |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $718M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $844.0K |
| Additional Paid-In Capital | $3.3B |
| Retained Earnings | $2.0B |
| Treasury Stock | -$3.8B |
| Accum. Other Comp. Income | -$31M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $212M |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $3.3B |
| Total Debt | $835M |
| Net Debt | $204M |
