| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $84.7B | $80.5B | $74.6B | 5.2% | 13.6% |
| Op. Income | $27.4B | $25.5B | $21.8B | 7.7% | 25.6% |
| Gross Margin | 58.1% | 58.1% | 57.2% | -0.0pp | 0.9pp |
| Net Margin | 27.9% | 29.4% | 24.6% | -1.5pp | 3.3pp |
| EPS (Diluted) | $1.89 | $1.89 | $1.44 | 0.0% | 31.3% |
| Free Cash Flow | $13.5B | $16.8B | $21.8B | -20.1% | -38.2% |
| Item | Amount |
|---|---|
| REVENUE | $84.7B |
| Cost of Revenue | $35.5B |
| GROSS PROFIT | $49.2B |
| R&D Expenses | $11.9B |
| Selling & Marketing | $6.8B |
| General & Administrative | $3.2B |
| SG&A Expenses | $9.9B |
| Other Expenses | $0 |
| Operating Expenses | $21.8B |
| Cost & Expenses | $57.3B |
| OPERATING INCOME | $27.4B |
| Interest Income | $1.1B |
| Interest Expense | $67M |
| Other Income/Expenses | $126M |
| INCOME BEFORE TAX | $27.6B |
| Income Tax Expense | $3.9B |
| Net Income from Continuing Ops | $23.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23.6B |
| D&A | $3.7B |
| EBIT | $27.6B |
| EBITDA | $31.3B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $84.7B |
| Cost of Revenue | $35.5B |
| GROSS PROFIT | $49.2B |
| R&D Expenses | $11.9B |
| Selling & Marketing | $6.8B |
| General & Administrative | $3.2B |
| SG&A Expenses | $9.9B |
| Other Expenses | $0 |
| Operating Expenses | $21.8B |
| Cost & Expenses | $57.3B |
| OPERATING INCOME | $27.4B |
| Interest Income | $1.1B |
| Interest Expense | $67M |
| Other Income/Expenses | $126M |
| INCOME BEFORE TAX | $27.6B |
| Income Tax Expense | $3.9B |
| Net Income from Continuing Ops | $23.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23.6B |
| D&A | $3.7B |
| EBIT | $27.6B |
| EBITDA | $31.3B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $23.6B |
| Depreciation & Amortization | $3.7B |
| Stock-Based Compensation | $5.9B |
| Deferred Income Tax | -$3.2B |
| Other Non-Cash Items | $1.9B |
| Change in Working Capital | -$5.3B |
| OPERATING CASH FLOW | $26.6B |
| Capital Expenditure | -$13.2B |
| Acquisitions (Net) | -$26M |
| Purchases of Investments | -$23.3B |
| Sales/Maturities of Investments | $33.9B |
| Other Investing Activities | -$133M |
| NET CASH FROM INVESTING | -$2.8B |
| Net Debt Issuance | $470M |
| Common Stock Repurchased | -$15.7B |
| Common Dividends Paid | -$2.5B |
| Other Financing Activities | -$3.2B |
| NET CASH FROM FINANCING | -$20.9B |
| FREE CASH FLOW | $13.5B |
| Net Change in Cash | $2.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $27.2B |
| Short-Term Investments | $73.5B |
| Net Receivables | $47.1B |
| Inventory | $0 |
| Other Current Assets | $14.2B |
| TOTAL CURRENT ASSETS | $162.0B |
| PP&E (Net) | $164.8B |
| Goodwill | $29.2B |
| Intangible Assets | $0 |
| Long-Term Investments | $34.2B |
| Tax Assets | $15.0B |
| Other Non-Current Assets | $9.7B |
| TOTAL NON-CURRENT ASSETS | $252.8B |
| TOTAL ASSETS | $414.8B |
| Account Payables | $6.1B |
| Short-Term Debt | $0 |
| Deferred Revenue | $4.3B |
| Other Current Liabilities | $20.7B |
| TOTAL CURRENT LIABILITIES | $77.9B |
| Long-Term Debt | $11.9B |
| Deferred Revenue NC | $985M |
| Deferred Tax Liabilities | $717M |
| Other Non-Current Liabilities | $9.5B |
| TOTAL NON-CURRENT LIABILITIES | $36.1B |
| TOTAL LIABILITIES | $114.0B |
| Common Stock | $79.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $226.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $300.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $300.8B |
| TOTAL LIABILITIES & EQUITY | $414.8B |
| Total Debt | $27.8B |
| Net Debt | $576M |
