| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $31.2B | $32.4B | $26.0B | -3.7% | 19.7% |
| Op. Income | $3.9B | $5.2B | $1.7B | -25.2% | 125.6% |
| Gross Margin | 39.9% | 42.9% | 39.5% | -3.0pp | 0.5pp |
| Net Margin | 9.8% | 12.8% | 4.7% | -3.0pp | 5.1pp |
| EPS (Diluted) | $8.62 | $11.58 | $3.08 | -25.6% | 179.9% |
| Free Cash Flow | $5.6B | -$28.5B | $31.2B | 119.5% | -82.1% |
| Item | Amount |
|---|---|
| REVENUE | $31.2B |
| Cost of Revenue | $18.7B |
| GROSS PROFIT | $12.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $153M |
| General & Administrative | $4.2B |
| SG&A Expenses | $4.4B |
| Other Expenses | $4.1B |
| Operating Expenses | $8.5B |
| Cost & Expenses | $27.3B |
| OPERATING INCOME | $3.9B |
| Interest Income | $20.4B |
| Interest Expense | $18.4B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3.9B |
| Income Tax Expense | $873M |
| Net Income from Continuing Ops | $3.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.9B |
| D&A | $646M |
| EBIT | $3.9B |
| EBITDA | $4.6B |
| EPS | $9 |
| EPS Diluted | $9 |
| Item | Amount |
|---|---|
| REVENUE | $31.2B |
| Cost of Revenue | $18.7B |
| GROSS PROFIT | $12.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $153M |
| General & Administrative | $4.2B |
| SG&A Expenses | $4.4B |
| Other Expenses | $4.1B |
| Operating Expenses | $8.5B |
| Cost & Expenses | $27.3B |
| OPERATING INCOME | $3.9B |
| Interest Income | $20.4B |
| Interest Expense | $18.4B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3.9B |
| Income Tax Expense | $873M |
| Net Income from Continuing Ops | $3.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.9B |
| D&A | $646M |
| EBIT | $3.9B |
| EBITDA | $4.6B |
| EPS | $9 |
| EPS Diluted | $9 |
| Item | Amount |
|---|---|
| Net Income | $3.0B |
| Depreciation & Amortization | $646M |
| Stock-Based Compensation | $595M |
| Deferred Income Tax | -$511M |
| Other Non-Cash Items | $282M |
| Change in Working Capital | $2.1B |
| OPERATING CASH FLOW | $6.1B |
| Capital Expenditure | -$542M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$19.4B |
| Sales/Maturities of Investments | $14.9B |
| Other Investing Activities | -$164M |
| NET CASH FROM INVESTING | -$5.2B |
| Net Debt Issuance | $7.3B |
| Common Stock Repurchased | -$4.2B |
| Common Dividends Paid | -$1.1B |
| Other Financing Activities | -$6.6B |
| NET CASH FROM FINANCING | -$2.4B |
| FREE CASH FLOW | $5.6B |
| Net Change in Cash | -$3.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $206.3B |
| Short-Term Investments | $699.9B |
| Net Receivables | $158.1B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1T |
| PP&E (Net) | $11.8B |
| Goodwill | $5.9B |
| Intangible Assets | $992M |
| Long-Term Investments | $370.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $199.8B |
| TOTAL NON-CURRENT ASSETS | $589.0B |
| TOTAL ASSETS | $1.7T |
| Account Payables | $243.0B |
| Short-Term Debt | $329.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $569.7B |
| TOTAL CURRENT LIABILITIES | $1.2T |
| Long-Term Debt | $243.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $136.1B |
| TOTAL NON-CURRENT LIABILITIES | $381.5B |
| TOTAL LIABILITIES | $1.5T |
| Common Stock | $9M |
| Additional Paid-In Capital | $61.4B |
| Retained Earnings | $148.7B |
| Treasury Stock | -$105.5B |
| Accum. Other Comp. Income | -$2.9B |
| Other Equity | $5.1B |
| TOTAL STOCKHOLDERS' EQUITY | $119.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $119.5B |
| TOTAL LIABILITIES & EQUITY | $1.7T |
| Total Debt | $574.8B |
| Net Debt | $368.5B |
