| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $43.2B | $36.4B | $42.9B | 18.6% | 0.6% |
| Op. Income | $6.5B | $5.1B | $6.6B | 28.6% | -0.8% |
| Gross Margin | 33.4% | 34.1% | 33.0% | -0.8pp | 0.4pp |
| Net Margin | 10.6% | 9.9% | 10.9% | 0.7pp | -0.3pp |
| EPS (Diluted) | $4.60 | $3.63 | $4.65 | 26.7% | -1.1% |
| Free Cash Flow | $4.7B | $4.7B | $5.8B | 0.9% | -19.1% |
| Item | Amount |
|---|---|
| REVENUE | $43.2B |
| Cost of Revenue | $28.8B |
| GROSS PROFIT | $14.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7.1B |
| Other Expenses | $738M |
| Operating Expenses | $7.9B |
| Cost & Expenses | $36.6B |
| OPERATING INCOME | $6.5B |
| Interest Income | $84M |
| Interest Expense | $573M |
| Other Income/Expenses | -$489M |
| INCOME BEFORE TAX | $6.0B |
| Income Tax Expense | $1.5B |
| Net Income from Continuing Ops | $4.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.6B |
| D&A | $920M |
| EBIT | $6.6B |
| EBITDA | $7.5B |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $43.2B |
| Cost of Revenue | $28.8B |
| GROSS PROFIT | $14.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7.1B |
| Other Expenses | $738M |
| Operating Expenses | $7.9B |
| Cost & Expenses | $36.6B |
| OPERATING INCOME | $6.5B |
| Interest Income | $84M |
| Interest Expense | $573M |
| Other Income/Expenses | -$489M |
| INCOME BEFORE TAX | $6.0B |
| Income Tax Expense | $1.5B |
| Net Income from Continuing Ops | $4.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.6B |
| D&A | $920M |
| EBIT | $6.6B |
| EBITDA | $7.5B |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $4.6B |
| Depreciation & Amortization | $920M |
| Stock-Based Compensation | $98M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$71M |
| Change in Working Capital | -$99M |
| OPERATING CASH FLOW | $5.4B |
| Capital Expenditure | -$719M |
| Acquisitions (Net) | -$17.6B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $21M |
| NET CASH FROM INVESTING | -$18.3B |
| Net Debt Issuance | $12.4B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2.2B |
| Other Financing Activities | -$46M |
| NET CASH FROM FINANCING | $10.3B |
| FREE CASH FLOW | $4.7B |
| Net Change in Cash | -$2.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $0 |
| Net Receivables | $5.5B |
| Inventory | $23.1B |
| Other Current Assets | $2.1B |
| TOTAL CURRENT ASSETS | $32.3B |
| PP&E (Net) | $35.3B |
| Goodwill | $19.4B |
| Intangible Assets | $9.2B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $692M |
| TOTAL NON-CURRENT ASSETS | $64.6B |
| TOTAL ASSETS | $96.8B |
| Account Payables | $13.2B |
| Short-Term Debt | $3.9B |
| Deferred Revenue | $2.8B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $28.1B |
| Long-Term Debt | $51.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.1B |
| Other Non-Current Liabilities | $2.7B |
| TOTAL NON-CURRENT LIABILITIES | $64.3B |
| TOTAL LIABILITIES | $92.4B |
| Common Stock | $90M |
| Additional Paid-In Capital | $13.7B |
| Retained Earnings | $87.4B |
| Treasury Stock | -$96.0B |
| Accum. Other Comp. Income | -$787M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.4B |
| TOTAL LIABILITIES & EQUITY | $96.8B |
| Total Debt | $64.6B |
| Net Debt | $63.0B |
