| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $31.5B | $31.2B | $28.5B | 1.1% | 10.5% |
| Op. Income | $4.0B | $3.9B | $2.8B | 1.8% | 44.7% |
| Gross Margin | 39.0% | 39.9% | 41.4% | -0.9pp | -2.4pp |
| Net Margin | 9.5% | 9.8% | 7.2% | -0.3pp | 2.3pp |
| EPS (Diluted) | $8.40 | $8.62 | $5.47 | -2.6% | 53.6% |
| Free Cash Flow | -$38.5B | $5.6B | -$26.0B | -790.7% | -47.9% |
| Item | Amount |
|---|---|
| REVENUE | $31.5B |
| Cost of Revenue | $19.2B |
| GROSS PROFIT | $12.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $159M |
| General & Administrative | $4.1B |
| SG&A Expenses | $4.3B |
| Other Expenses | $4.0B |
| Operating Expenses | $8.3B |
| Cost & Expenses | $27.5B |
| OPERATING INCOME | $4.0B |
| Interest Income | $21.4B |
| Interest Expense | $18.8B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4.0B |
| Income Tax Expense | $997M |
| 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 | $2.8B |
| D&A | $621M |
| EBIT | $4.0B |
| EBITDA | $4.6B |
| EPS | $9 |
| EPS Diluted | $8 |
| Item | Amount |
|---|---|
| REVENUE | $31.5B |
| Cost of Revenue | $19.2B |
| GROSS PROFIT | $12.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $159M |
| General & Administrative | $4.1B |
| SG&A Expenses | $4.3B |
| Other Expenses | $4.0B |
| Operating Expenses | $8.3B |
| Cost & Expenses | $27.5B |
| OPERATING INCOME | $4.0B |
| Interest Income | $21.4B |
| Interest Expense | $18.8B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4.0B |
| Income Tax Expense | $997M |
| 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 | $2.8B |
| D&A | $621M |
| EBIT | $4.0B |
| EBITDA | $4.6B |
| EPS | $9 |
| EPS Diluted | $8 |
| Item | Amount |
|---|---|
| Net Income | $3.0B |
| Depreciation & Amortization | $621M |
| Stock-Based Compensation | $120M |
| Deferred Income Tax | -$202M |
| Other Non-Cash Items | $397M |
| Change in Working Capital | -$42.0B |
| OPERATING CASH FLOW | -$38.1B |
| Capital Expenditure | -$466M |
| Acquisitions (Net) | -$4.1B |
| Purchases of Investments | -$34.1B |
| Sales/Maturities of Investments | $12.5B |
| Other Investing Activities | -$3.1B |
| NET CASH FROM INVESTING | -$29.3B |
| Net Debt Issuance | -$776M |
| Common Stock Repurchased | -$1.0B |
| Common Dividends Paid | -$977M |
| Other Financing Activities | $11.3B |
| NET CASH FROM FINANCING | $10.3B |
| FREE CASH FLOW | -$38.5B |
| Net Change in Cash | -$51.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $154.7B |
| Short-Term Investments | $788.1B |
| Net Receivables | $162.4B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1T |
| PP&E (Net) | $10.6B |
| Goodwill | $5.9B |
| Intangible Assets | $925M |
| Long-Term Investments | $405.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $200.0B |
| TOTAL NON-CURRENT ASSETS | $623.0B |
| TOTAL ASSETS | $1.7T |
| Account Payables | $250.4B |
| Short-Term Debt | $352.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $593.8B |
| TOTAL CURRENT LIABILITIES | $1.2T |
| Long-Term Debt | $258.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $140.4B |
| TOTAL NON-CURRENT LIABILITIES | $400.9B |
| TOTAL LIABILITIES | $1.6T |
| Common Stock | $9M |
| Additional Paid-In Capital | $61.4B |
| Retained Earnings | $150.5B |
| Treasury Stock | -$106.5B |
| Accum. Other Comp. Income | -$2.5B |
| Other Equity | $5.1B |
| TOTAL STOCKHOLDERS' EQUITY | $121.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $121.2B |
| TOTAL LIABILITIES & EQUITY | $1.7T |
| Total Debt | $612.9B |
| Net Debt | $458.2B |
