| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $695M | $681M | $703M | 2.1% | -1.0% |
| Op. Income | $163M | $140M | $104M | 16.5% | 57.5% |
| Gross Margin | 80.4% | 79.3% | 79.8% | 1.1pp | 0.5pp |
| Net Margin | 20.7% | 17.5% | 12.7% | 3.2pp | 8.1pp |
| EPS (Diluted) | $2.44 | $2.00 | $1.48 | 22.0% | 64.9% |
| Free Cash Flow | $153M | $212M | $150M | -27.8% | 2.0% |
| Item | Amount |
|---|---|
| REVENUE | $695M |
| Cost of Revenue | $136M |
| GROSS PROFIT | $559M |
| R&D Expenses | $124M |
| Selling & Marketing | $206M |
| General & Administrative | $66M |
| SG&A Expenses | $272M |
| Other Expenses | $93.0K |
| Operating Expenses | $396M |
| Cost & Expenses | $532M |
| OPERATING INCOME | $163M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | $172M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $144M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $144M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $144M |
| D&A | $27M |
| EBIT | $163M |
| EBITDA | $190M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $695M |
| Cost of Revenue | $136M |
| GROSS PROFIT | $559M |
| R&D Expenses | $124M |
| Selling & Marketing | $206M |
| General & Administrative | $66M |
| SG&A Expenses | $272M |
| Other Expenses | $93.0K |
| Operating Expenses | $396M |
| Cost & Expenses | $532M |
| OPERATING INCOME | $163M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | $172M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $144M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $144M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $144M |
| D&A | $27M |
| EBIT | $163M |
| EBITDA | $190M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $144M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $56M |
| Deferred Income Tax | -$18M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$56M |
| OPERATING CASH FLOW | $159M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$600.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$150M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $31M |
| NET CASH FROM FINANCING | -$119M |
| FREE CASH FLOW | $153M |
| Net Change in Cash | $32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $935M |
| Short-Term Investments | $812.0K |
| Net Receivables | $814M |
| Inventory | $80M |
| Other Current Assets | $28M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $339M |
| Goodwill | $2.3B |
| Intangible Assets | $122M |
| Long-Term Investments | $224M |
| Tax Assets | $344M |
| Other Non-Current Assets | $117M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $5.4B |
| Account Payables | $54M |
| Short-Term Debt | $38M |
| Deferred Revenue | $1.1B |
| Other Current Liabilities | $44M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $222M |
| Deferred Revenue NC | $630M |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | -$133M |
| TOTAL NON-CURRENT LIABILITIES | $948M |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $18M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $3.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$22M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $5.4B |
| Total Debt | $483M |
| Net Debt | -$452M |
