| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15.0B | $15.8B | $14.8B | -5.1% | 1.5% |
| Op. Income | $2.2B | $2.4B | $2.1B | -10.6% | 3.5% |
| Gross Margin | 56.3% | 56.8% | 54.4% | -0.5pp | 1.9pp |
| Net Margin | -2.2% | 11.6% | 11.6% | -13.8pp | -13.8pp |
| EPS (Diluted) | $-0.36 | $1.96 | $1.84 | -118.4% | -119.6% |
| Free Cash Flow | $2.5B | $1.6B | $2.7B | 51.5% | -7.7% |
| Item | Amount |
|---|---|
| REVENUE | $15.0B |
| Cost of Revenue | $6.5B |
| GROSS PROFIT | $8.4B |
| R&D Expenses | $1.9B |
| Selling & Marketing | $279M |
| General & Administrative | $4.0B |
| SG&A Expenses | $4.3B |
| Other Expenses | $55M |
| Operating Expenses | $6.2B |
| Cost & Expenses | $12.8B |
| OPERATING INCOME | $2.2B |
| Interest Income | $170M |
| Interest Expense | $429M |
| Other Income/Expenses | -$3.0B |
| INCOME BEFORE TAX | -$802M |
| Income Tax Expense | -$485M |
| Net Income from Continuing Ops | -$317M |
| Net Income from Discontinued Ops | -$13M |
| Other Adjustments | $0 |
| NET INCOME | -$330M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$330M |
| D&A | $1.3B |
| EBIT | -$373M |
| EBITDA | $895M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$330M |
| Depreciation & Amortization | $1.3B |
| Stock-Based Compensation | $330M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2.4B |
| Change in Working Capital | -$759M |
| OPERATING CASH FLOW | $2.9B |
| Capital Expenditure | -$424M |
| Acquisitions (Net) | -$2.5B |
| Purchases of Investments | -$905M |
| Sales/Maturities of Investments | $1.8B |
| Other Investing Activities | $341M |
| NET CASH FROM INVESTING | -$1.6B |
| Net Debt Issuance | -$1.3B |
| Common Stock Repurchased | -$189M |
| Common Dividends Paid | -$1.5B |
| Other Financing Activities | $225M |
| NET CASH FROM FINANCING | -$2.8B |
| FREE CASH FLOW | $2.5B |
| Net Change in Cash | -$1.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13.2B |
| Short-Term Investments | $505M |
| Net Receivables | $11.6B |
| Inventory | $1.4B |
| Other Current Assets | $3.9B |
| TOTAL CURRENT ASSETS | $30.5B |
| PP&E (Net) | $9.0B |
| Goodwill | $61.1B |
| Intangible Assets | $11.1B |
| Long-Term Investments | $1.9B |
| Tax Assets | $6.9B |
| Other Non-Current Assets | $13.8B |
| TOTAL NON-CURRENT ASSETS | $103.8B |
| TOTAL ASSETS | $134.3B |
| Account Payables | $3.3B |
| Short-Term Debt | $3.6B |
| Deferred Revenue | $12.9B |
| Other Current Liabilities | $3.3B |
| TOTAL CURRENT LIABILITIES | $28.9B |
| Long-Term Debt | $53.0B |
| Deferred Revenue NC | $3.7B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $21.6B |
| TOTAL NON-CURRENT LIABILITIES | $81.0B |
| TOTAL LIABILITIES | $109.8B |
| Common Stock | $61.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $149.8B |
| Treasury Stock | -$169.9B |
| Accum. Other Comp. Income | -$16.4B |
| Other Equity | -$1M |
| TOTAL STOCKHOLDERS' EQUITY | $24.4B |
| Minority Interest | $82M |
| TOTAL EQUITY | $24.5B |
| TOTAL LIABILITIES & EQUITY | $134.3B |
| Total Debt | $60.1B |
| Net Debt | $46.9B |
