| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.7B | $3.9B | $7.7B | 95.1% | -0.8% |
| Op. Income | $1.6B | $883M | $1.5B | 75.7% | 0.9% |
| Gross Margin | 63.8% | 63.0% | 61.9% | 0.9pp | 2.0pp |
| Net Margin | 12.8% | 14.5% | 12.0% | -1.7pp | 0.8pp |
| EPS (Diluted) | $0.22 | $0.12 | $0.20 | 73.9% | 6.7% |
| Free Cash Flow | $0 | — | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $7.7B |
| Cost of Revenue | $2.8B |
| GROSS PROFIT | $4.9B |
| R&D Expenses | $194M |
| Selling & Marketing | -$82M |
| General & Administrative | $3.0B |
| SG&A Expenses | $3.0B |
| Other Expenses | $186M |
| Operating Expenses | $3.3B |
| Cost & Expenses | $6.1B |
| OPERATING INCOME | $1.6B |
| Interest Income | $42M |
| Interest Expense | $260M |
| Other Income/Expenses | -$209M |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $326M |
| Net Income from Continuing Ops | $1.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $979M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $979M |
| D&A | $278M |
| EBIT | $1.5B |
| EBITDA | $2.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7.7B |
| Cost of Revenue | $2.8B |
| GROSS PROFIT | $4.9B |
| R&D Expenses | $194M |
| Selling & Marketing | -$82M |
| General & Administrative | $3.0B |
| SG&A Expenses | $3.0B |
| Other Expenses | $186M |
| Operating Expenses | $3.3B |
| Cost & Expenses | $6.1B |
| OPERATING INCOME | $1.6B |
| Interest Income | $42M |
| Interest Expense | $260M |
| Other Income/Expenses | -$209M |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $326M |
| Net Income from Continuing Ops | $1.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $979M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $979M |
| D&A | $278M |
| EBIT | $1.5B |
| EBITDA | $2.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $979M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $66M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1.0B |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $716M |
| Short-Term Investments | $0 |
| Net Receivables | $2.9B |
| Inventory | $2.0B |
| Other Current Assets | $783M |
| TOTAL CURRENT ASSETS | $6.4B |
| PP&E (Net) | $2.5B |
| Goodwill | $0 |
| Intangible Assets | $35.5B |
| Long-Term Investments | $117M |
| Tax Assets | $0 |
| Other Non-Current Assets | $500M |
| TOTAL NON-CURRENT ASSETS | $38.7B |
| TOTAL ASSETS | $45.0B |
| Account Payables | $4.9B |
| Short-Term Debt | $1.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $774M |
| TOTAL CURRENT LIABILITIES | $7.6B |
| Long-Term Debt | $9.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4.9B |
| TOTAL NON-CURRENT LIABILITIES | $14.9B |
| TOTAL LIABILITIES | $22.5B |
| Common Stock | $123M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $37.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$14.9B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $22.4B |
| Minority Interest | $144M |
| TOTAL EQUITY | $22.5B |
| TOTAL LIABILITIES & EQUITY | $45.0B |
| Total Debt | $11.9B |
| Net Debt | $11.2B |
