| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.7B | $4.7B | $4.7B | -1.2% | 0.1% |
| Op. Income | $956M | $1.0B | $1.0B | -4.4% | -4.5% |
| Gross Margin | 29.8% | 30.7% | 30.7% | -0.9pp | -0.9pp |
| Net Margin | 15.7% | 15.9% | 17.2% | -0.2pp | -1.5pp |
| EPS (Diluted) | $0.18 | $0.18 | $0.19 | 0.0% | -5.3% |
| Free Cash Flow | $665M | $697M | $576M | -4.5% | 15.5% |
| Item | Amount |
|---|---|
| REVENUE | $4.7B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $204M |
| General & Administrative | $229M |
| SG&A Expenses | $433M |
| Other Expenses | $0 |
| Operating Expenses | $433M |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $956M |
| Interest Income | $59M |
| Interest Expense | $16M |
| Other Income/Expenses | $79M |
| INCOME BEFORE TAX | $1.0B |
| Income Tax Expense | $301M |
| Net Income from Continuing Ops | $734M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1M |
| NET INCOME | $733M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $733M |
| D&A | $92M |
| EBIT | $956M |
| EBITDA | $1.0B |
| 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 | $204M |
| General & Administrative | $229M |
| SG&A Expenses | $433M |
| Other Expenses | $0 |
| Operating Expenses | $433M |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $956M |
| Interest Income | $59M |
| Interest Expense | $16M |
| Other Income/Expenses | $79M |
| INCOME BEFORE TAX | $1.0B |
| Income Tax Expense | $301M |
| Net Income from Continuing Ops | $734M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1M |
| NET INCOME | $733M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $733M |
| D&A | $92M |
| EBIT | $956M |
| EBITDA | $1.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $734M |
| Depreciation & Amortization | $141M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | $301M |
| Other Non-Cash Items | -$267M |
| Change in Working Capital | -$220M |
| OPERATING CASH FLOW | $707M |
| Capital Expenditure | -$42M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | -$2.9B |
| Sales/Maturities of Investments | $3.0B |
| Other Investing Activities | $42M |
| NET CASH FROM INVESTING | $24M |
| Net Debt Issuance | -$62M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$894M |
| Other Financing Activities | -$27M |
| NET CASH FROM FINANCING | -$985M |
| FREE CASH FLOW | $665M |
| Net Change in Cash | -$252M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $958M |
| Net Receivables | $5.3B |
| Inventory | $0 |
| Other Current Assets | $1.4B |
| TOTAL CURRENT ASSETS | $9.3B |
| PP&E (Net) | $2.4B |
| Goodwill | $893M |
| Intangible Assets | $182M |
| Long-Term Investments | $1.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $6.3B |
| TOTAL ASSETS | $15.6B |
| Account Payables | $460M |
| Short-Term Debt | $0 |
| Deferred Revenue | $922M |
| Other Current Liabilities | $3.3B |
| TOTAL CURRENT LIABILITIES | $4.7B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $458M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $5.9B |
| Common Stock | $325M |
| Additional Paid-In Capital | $413M |
| Retained Earnings | $13.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.6B |
| Minority Interest | $51M |
| TOTAL EQUITY | $9.7B |
| TOTAL LIABILITIES & EQUITY | $15.6B |
| Total Debt | $802M |
| Net Debt | -$838M |
