| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.7B | $4.6B | $4.6B | 2.2% | 3.6% |
| Op. Income | $1.0B | $961M | $979M | 4.1% | 2.1% |
| Gross Margin | 30.7% | 30.5% | 30.4% | 0.2pp | 0.3pp |
| Net Margin | 15.9% | 15.7% | 16.4% | 0.2pp | -0.5pp |
| EPS (Diluted) | $0.18 | $0.17 | $0.18 | 5.9% | 0.0% |
| Free Cash Flow | $697M | $733M | $589M | -4.9% | 18.3% |
| Item | Amount |
|---|---|
| REVENUE | $4.7B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $213M |
| General & Administrative | $234M |
| SG&A Expenses | $447M |
| Other Expenses | $0 |
| Operating Expenses | $447M |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $1.0B |
| Interest Income | $71M |
| Interest Expense | $13M |
| Other Income/Expenses | $60M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $309M |
| Net Income from Continuing Ops | $751M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $751M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $751M |
| D&A | $93M |
| EBIT | $1.0B |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.7B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $213M |
| General & Administrative | $234M |
| SG&A Expenses | $447M |
| Other Expenses | $0 |
| Operating Expenses | $447M |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $1.0B |
| Interest Income | $71M |
| Interest Expense | $13M |
| Other Income/Expenses | $60M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $309M |
| Net Income from Continuing Ops | $751M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $751M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $751M |
| D&A | $93M |
| EBIT | $1.0B |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $751M |
| Depreciation & Amortization | $141M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$151M |
| OPERATING CASH FLOW | $756M |
| Capital Expenditure | -$59M |
| Acquisitions (Net) | -$7M |
| Purchases of Investments | -$2.2B |
| Sales/Maturities of Investments | $1.9B |
| Other Investing Activities | $82.4K |
| NET CASH FROM INVESTING | -$270M |
| Net Debt Issuance | -$58M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$879M |
| Other Financing Activities | -$13M |
| NET CASH FROM FINANCING | -$950M |
| FREE CASH FLOW | $697M |
| Net Change in Cash | -$494M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.9B |
| Short-Term Investments | $1.0B |
| Net Receivables | $5.5B |
| Inventory | $0 |
| Other Current Assets | $132M |
| TOTAL CURRENT ASSETS | $9.3B |
| PP&E (Net) | $2.4B |
| Goodwill | $872M |
| Intangible Assets | $186M |
| Long-Term Investments | $1.5B |
| Tax Assets | $105M |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $6.4B |
| TOTAL ASSETS | $15.7B |
| Account Payables | $388M |
| Short-Term Debt | $0 |
| Deferred Revenue | $845M |
| Other Current Liabilities | $1.4B |
| TOTAL CURRENT LIABILITIES | $4.7B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $9M |
| Deferred Tax Liabilities | $124M |
| Other Non-Current Liabilities | $308M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $5.9B |
| Common Stock | $325M |
| Additional Paid-In Capital | $398M |
| Retained Earnings | $13.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.7B |
| Minority Interest | $51M |
| TOTAL EQUITY | $9.8B |
| TOTAL LIABILITIES & EQUITY | $15.7B |
| Total Debt | $1.0B |
| Net Debt | -$863M |
