| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $88.3B | $84.7B | $76.7B | 4.2% | 15.1% |
| Op. Income | $28.5B | $27.4B | $21.3B | 4.0% | 33.6% |
| Gross Margin | 58.7% | 58.1% | 56.7% | 0.6pp | 2.0pp |
| Net Margin | 29.8% | 27.9% | 25.7% | 1.9pp | 4.1pp |
| EPS (Diluted) | $2.12 | $1.89 | $1.55 | 12.2% | 36.8% |
| Free Cash Flow | $17.6B | $13.5B | $22.6B | 31.1% | -22.0% |
| Item | Amount |
|---|---|
| REVENUE | $88.3B |
| Cost of Revenue | $36.5B |
| GROSS PROFIT | $51.8B |
| R&D Expenses | $12.4B |
| Selling & Marketing | $7.2B |
| General & Administrative | $3.6B |
| SG&A Expenses | $10.8B |
| Other Expenses | $0 |
| Operating Expenses | $23.3B |
| Cost & Expenses | $59.7B |
| OPERATING INCOME | $28.5B |
| Interest Income | $1.2B |
| Interest Expense | $54M |
| Other Income/Expenses | $3.2B |
| INCOME BEFORE TAX | $31.7B |
| Income Tax Expense | $5.4B |
| Net Income from Continuing Ops | $26.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26.3B |
| D&A | $4.0B |
| EBIT | $31.8B |
| EBITDA | $35.7B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $88.3B |
| Cost of Revenue | $36.5B |
| GROSS PROFIT | $51.8B |
| R&D Expenses | $12.4B |
| Selling & Marketing | $7.2B |
| General & Administrative | $3.6B |
| SG&A Expenses | $10.8B |
| Other Expenses | $0 |
| Operating Expenses | $23.3B |
| Cost & Expenses | $59.7B |
| OPERATING INCOME | $28.5B |
| Interest Income | $1.2B |
| Interest Expense | $54M |
| Other Income/Expenses | $3.2B |
| INCOME BEFORE TAX | $31.7B |
| Income Tax Expense | $5.4B |
| Net Income from Continuing Ops | $26.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26.3B |
| D&A | $4.0B |
| EBIT | $31.8B |
| EBITDA | $35.7B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $26.3B |
| Depreciation & Amortization | $4.0B |
| Stock-Based Compensation | $5.8B |
| Deferred Income Tax | -$1.1B |
| Other Non-Cash Items | -$574M |
| Change in Working Capital | -$3.8B |
| OPERATING CASH FLOW | $30.7B |
| Capital Expenditure | -$13.1B |
| Acquisitions (Net) | -$2.8B |
| Purchases of Investments | -$23.1B |
| Sales/Maturities of Investments | $23.3B |
| Other Investing Activities | -$2.5B |
| NET CASH FROM INVESTING | -$18.0B |
| Net Debt Issuance | $370M |
| Common Stock Repurchased | -$15.3B |
| Common Dividends Paid | -$2.5B |
| Other Financing Activities | -$2.7B |
| NET CASH FROM FINANCING | -$20.1B |
| FREE CASH FLOW | $17.6B |
| Net Change in Cash | -$7.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20.0B |
| Short-Term Investments | $73.3B |
| Net Receivables | $49.1B |
| Inventory | $0 |
| Other Current Assets | $15.2B |
| TOTAL CURRENT ASSETS | $157.5B |
| PP&E (Net) | $174.8B |
| Goodwill | $31.9B |
| Intangible Assets | $0 |
| Long-Term Investments | $36.2B |
| Tax Assets | $15.9B |
| Other Non-Current Assets | $13.9B |
| TOTAL NON-CURRENT ASSETS | $272.7B |
| TOTAL ASSETS | $430.3B |
| Account Payables | $7.0B |
| Short-Term Debt | $0 |
| Deferred Revenue | $4.9B |
| Other Current Liabilities | $19.8B |
| TOTAL CURRENT LIABILITIES | $80.8B |
| Long-Term Debt | $10.9B |
| Deferred Revenue NC | $1.0B |
| Deferred Tax Liabilities | $706M |
| Other Non-Current Liabilities | $9.7B |
| TOTAL NON-CURRENT LIABILITIES | $35.3B |
| TOTAL LIABILITIES | $116.1B |
| Common Stock | $82.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $235.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $314.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $314.1B |
| TOTAL LIABILITIES & EQUITY | $430.3B |
| Total Debt | $26.9B |
| Net Debt | $7.0B |
