| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $29.5B | $29.6B | $26.7B | -0.2% | 10.4% |
| Op. Income | $901M | $990M | $1.3B | -9.0% | -28.0% |
| Gross Margin | 15.2% | 15.2% | 17.7% | 0.1pp | -2.5pp |
| Net Margin | 2.3% | 2.5% | 3.6% | -0.2pp | -1.3pp |
| EPS (Diluted) | $5.63 | $6.11 | $7.66 | -7.9% | -26.5% |
| Free Cash Flow | $1.1B | $246M | $2.9B | 346.7% | -62.3% |
| Item | Amount |
|---|---|
| REVENUE | $29.5B |
| Cost of Revenue | $25.0B |
| GROSS PROFIT | $4.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $3.6B |
| Operating Expenses | $3.6B |
| Cost & Expenses | $28.6B |
| OPERATING INCOME | $901M |
| Interest Income | $0 |
| Interest Expense | $168M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $901M |
| Income Tax Expense | $223M |
| Net Income from Continuing Ops | $678M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $679M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $679M |
| D&A | $243M |
| EBIT | $1.1B |
| EBITDA | $1.3B |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| REVENUE | $29.5B |
| Cost of Revenue | $25.0B |
| GROSS PROFIT | $4.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $3.6B |
| Operating Expenses | $3.6B |
| Cost & Expenses | $28.6B |
| OPERATING INCOME | $901M |
| Interest Income | $0 |
| Interest Expense | $168M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $901M |
| Income Tax Expense | $223M |
| Net Income from Continuing Ops | $678M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $679M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $679M |
| D&A | $243M |
| EBIT | $1.1B |
| EBITDA | $1.3B |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| Net Income | $678M |
| Depreciation & Amortization | $243M |
| Stock-Based Compensation | $55M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $83M |
| Change in Working Capital | $154M |
| OPERATING CASH FLOW | $1.2B |
| Capital Expenditure | -$114M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | -$1.6B |
| Sales/Maturities of Investments | $818M |
| Other Investing Activities | -$79M |
| NET CASH FROM INVESTING | -$1.0B |
| Net Debt Issuance | -$285M |
| Common Stock Repurchased | -$49M |
| Common Dividends Paid | -$107M |
| Other Financing Activities | -$179M |
| NET CASH FROM FINANCING | -$620M |
| FREE CASH FLOW | $1.1B |
| Net Change in Cash | -$409M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.5B |
| Short-Term Investments | $0 |
| Net Receivables | $4.1B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $9.6B |
| PP&E (Net) | $2.8B |
| Goodwill | $9.6B |
| Intangible Assets | $1.7B |
| Long-Term Investments | $18.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $7.9B |
| TOTAL NON-CURRENT ASSETS | $40.5B |
| TOTAL ASSETS | $50.1B |
| Account Payables | $11.4B |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $313M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $12.9B |
| Long-Term Debt | $11.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8.7B |
| TOTAL NON-CURRENT LIABILITIES | $20.5B |
| TOTAL LIABILITIES | $33.4B |
| Common Stock | $33M |
| Additional Paid-In Capital | $3.4B |
| Retained Earnings | $28.7B |
| Treasury Stock | -$14.4B |
| Accum. Other Comp. Income | -$1.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16.7B |
| Minority Interest | $57M |
| TOTAL EQUITY | $16.7B |
| TOTAL LIABILITIES & EQUITY | $50.1B |
| Total Debt | $12.9B |
| Net Debt | $7.4B |
