| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.5B | $1.3B | 5.3% | 24.1% |
| Op. Income | $437M | $342M | $270M | 27.9% | 61.8% |
| Gross Margin | 60.0% | 57.3% | 57.0% | 2.7pp | 3.0pp |
| Net Margin | 25.2% | 20.0% | 20.1% | 5.2pp | 5.0pp |
| EPS (Diluted) | $2.07 | $1.56 | $1.34 | 32.7% | 54.5% |
| Free Cash Flow | $219M | $218M | $312M | 0.6% | -29.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $634M |
| GROSS PROFIT | $952M |
| R&D Expenses | $249M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $265M |
| Other Expenses | $0 |
| Operating Expenses | $514M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $437M |
| Interest Income | $29M |
| Interest Expense | $0 |
| Other Income/Expenses | $49M |
| INCOME BEFORE TAX | $486M |
| Income Tax Expense | $87M |
| Net Income from Continuing Ops | $399M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $399M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $399M |
| D&A | $44M |
| EBIT | $437M |
| EBITDA | $482M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $634M |
| GROSS PROFIT | $952M |
| R&D Expenses | $249M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $265M |
| Other Expenses | $0 |
| Operating Expenses | $514M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $437M |
| Interest Income | $29M |
| Interest Expense | $0 |
| Other Income/Expenses | $49M |
| INCOME BEFORE TAX | $486M |
| Income Tax Expense | $87M |
| Net Income from Continuing Ops | $399M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $399M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $399M |
| D&A | $44M |
| EBIT | $437M |
| EBITDA | $482M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $399M |
| Depreciation & Amortization | $44M |
| Stock-Based Compensation | $35M |
| Deferred Income Tax | -$18M |
| Other Non-Cash Items | -$29M |
| Change in Working Capital | -$173M |
| OPERATING CASH FLOW | $258M |
| Capital Expenditure | -$39M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$82M |
| Sales/Maturities of Investments | $74M |
| Other Investing Activities | -$137.0K |
| NET CASH FROM INVESTING | -$48M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$20M |
| Common Dividends Paid | -$144M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$164M |
| FREE CASH FLOW | $219M |
| Net Change in Cash | $72M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.0B |
| Short-Term Investments | $415M |
| Net Receivables | $922M |
| Inventory | $1.5B |
| Other Current Assets | $358M |
| TOTAL CURRENT ASSETS | $5.2B |
| PP&E (Net) | $1.4B |
| Goodwill | $612M |
| Intangible Assets | $168M |
| Long-Term Investments | $1.1B |
| Tax Assets | $788M |
| Other Non-Current Assets | $106M |
| TOTAL NON-CURRENT ASSETS | $4.1B |
| TOTAL ASSETS | $9.3B |
| Account Payables | $374M |
| Short-Term Debt | $0 |
| Deferred Revenue | $113M |
| Other Current Liabilities | $507M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $30M |
| Deferred Tax Liabilities | $105M |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $263M |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $19M |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $5.6B |
| Treasury Stock | -$244M |
| Accum. Other Comp. Income | -$51M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $7.5B |
| TOTAL LIABILITIES & EQUITY | $9.3B |
| Total Debt | $110M |
| Net Debt | -$1.9B |
