| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15.8B | $14.5B | $15.5B | 9.0% | 1.9% |
| Op. Income | $2.4B | $1.6B | $2.3B | 55.7% | 6.8% |
| Gross Margin | 56.8% | 53.5% | 54.9% | 3.2pp | 1.8pp |
| Net Margin | 11.6% | 11.1% | 10.2% | 0.5pp | 1.4pp |
| EPS (Diluted) | $1.96 | $1.72 | $1.72 | 14.0% | 14.0% |
| Free Cash Flow | $1.6B | $3.8B | $2.1B | -57.3% | -24.1% |
| Item | Amount |
|---|---|
| REVENUE | $15.8B |
| Cost of Revenue | $6.8B |
| GROSS PROFIT | $8.9B |
| R&D Expenses | $1.8B |
| Selling & Marketing | $354M |
| General & Administrative | $4.3B |
| SG&A Expenses | $4.6B |
| Other Expenses | $28M |
| Operating Expenses | $6.5B |
| Cost & Expenses | $13.3B |
| OPERATING INCOME | $2.4B |
| Interest Income | $217M |
| Interest Expense | $427M |
| Other Income/Expenses | -$215M |
| INCOME BEFORE TAX | $2.2B |
| Income Tax Expense | $389M |
| Net Income from Continuing Ops | $1.8B |
| Net Income from Discontinued Ops | $4M |
| Other Adjustments | $0 |
| NET INCOME | $1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $1.2B |
| EBIT | $2.6B |
| EBITDA | $3.8B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $15.8B |
| Cost of Revenue | $6.8B |
| GROSS PROFIT | $8.9B |
| R&D Expenses | $1.8B |
| Selling & Marketing | $354M |
| General & Administrative | $4.3B |
| SG&A Expenses | $4.6B |
| Other Expenses | $28M |
| Operating Expenses | $6.5B |
| Cost & Expenses | $13.3B |
| OPERATING INCOME | $2.4B |
| Interest Income | $217M |
| Interest Expense | $427M |
| Other Income/Expenses | -$215M |
| INCOME BEFORE TAX | $2.2B |
| Income Tax Expense | $389M |
| Net Income from Continuing Ops | $1.8B |
| Net Income from Discontinued Ops | $4M |
| Other Adjustments | $0 |
| NET INCOME | $1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $1.2B |
| EBIT | $2.6B |
| EBITDA | $3.8B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $1.8B |
| Depreciation & Amortization | $1.2B |
| Stock-Based Compensation | $316M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$26M |
| Change in Working Capital | -$1.2B |
| OPERATING CASH FLOW | $2.1B |
| Capital Expenditure | -$444M |
| Acquisitions (Net) | -$153M |
| Purchases of Investments | -$662M |
| Sales/Maturities of Investments | $3.5B |
| Other Investing Activities | -$179M |
| NET CASH FROM INVESTING | $2.2B |
| Net Debt Issuance | -$2.9B |
| Common Stock Repurchased | -$151M |
| Common Dividends Paid | -$1.5B |
| Other Financing Activities | $72M |
| NET CASH FROM FINANCING | -$4.5B |
| FREE CASH FLOW | $1.6B |
| Net Change in Cash | -$287M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12.2B |
| Short-Term Investments | $1.5B |
| Net Receivables | $11.6B |
| Inventory | $1.2B |
| Other Current Assets | $6.8B |
| TOTAL CURRENT ASSETS | $33.3B |
| PP&E (Net) | $8.7B |
| Goodwill | $59.4B |
| Intangible Assets | $10.3B |
| Long-Term Investments | $1.7B |
| Tax Assets | $6.4B |
| Other Non-Current Assets | $14.0B |
| TOTAL NON-CURRENT ASSETS | $100.5B |
| TOTAL ASSETS | $133.8B |
| Account Payables | $3.6B |
| Short-Term Debt | $3.6B |
| Deferred Revenue | $13.6B |
| Other Current Liabilities | $3.1B |
| TOTAL CURRENT LIABILITIES | $29.6B |
| Long-Term Debt | $52.9B |
| Deferred Revenue NC | $3.5B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $21.1B |
| TOTAL NON-CURRENT LIABILITIES | $80.1B |
| TOTAL LIABILITIES | $109.7B |
| Common Stock | $60.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $151.7B |
| Treasury Stock | -$169.8B |
| Accum. Other Comp. Income | -$18.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $24.0B |
| Minority Interest | $77M |
| TOTAL EQUITY | $24.1B |
| TOTAL LIABILITIES & EQUITY | $133.8B |
| Total Debt | $59.8B |
| Net Debt | $47.6B |
