| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | $1.9B | — | 6.3% | — |
| Op. Income | $567M | $469M | — | 20.9% | — |
| Gross Margin | 68.3% | 65.9% | — | 2.4pp | — |
| Net Margin | 26.2% | 28.8% | — | -2.6pp | — |
| EPS (Diluted) | $1.46 | $1.51 | — | -3.3% | — |
| Free Cash Flow | $311M | $24M | — | 1223.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $637M |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $280M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $525M |
| Other Expenses | $0 |
| Operating Expenses | $805M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $567M |
| Interest Income | $87M |
| Interest Expense | $0 |
| Other Income/Expenses | $87M |
| INCOME BEFORE TAX | $655M |
| Income Tax Expense | $123M |
| Net Income from Continuing Ops | $532M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $527M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $527M |
| D&A | $112M |
| EBIT | $567M |
| EBITDA | $679M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $637M |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $280M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $525M |
| Other Expenses | $0 |
| Operating Expenses | $805M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $567M |
| Interest Income | $87M |
| Interest Expense | $0 |
| Other Income/Expenses | $87M |
| INCOME BEFORE TAX | $655M |
| Income Tax Expense | $123M |
| Net Income from Continuing Ops | $532M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $527M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $527M |
| D&A | $112M |
| EBIT | $567M |
| EBITDA | $679M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $532M |
| Depreciation & Amortization | $112M |
| Stock-Based Compensation | $174M |
| Deferred Income Tax | -$33M |
| Other Non-Cash Items | -$11M |
| Change in Working Capital | -$153M |
| OPERATING CASH FLOW | $621M |
| Capital Expenditure | -$309M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$884M |
| Sales/Maturities of Investments | $726M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$467M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$22M |
| NET CASH FROM FINANCING | $50M |
| FREE CASH FLOW | $311M |
| Net Change in Cash | $200M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.0B |
| Short-Term Investments | $1.7B |
| Net Receivables | $1.2B |
| Inventory | $1.4B |
| Other Current Assets | $270M |
| TOTAL CURRENT ASSETS | $7.7B |
| PP&E (Net) | $4.1B |
| Goodwill | $348M |
| Intangible Assets | $29M |
| Long-Term Investments | $3.1B |
| Tax Assets | $947M |
| Other Non-Current Assets | $412M |
| TOTAL NON-CURRENT ASSETS | $9.0B |
| TOTAL ASSETS | $16.6B |
| Account Payables | $194M |
| Short-Term Debt | $0 |
| Deferred Revenue | $434M |
| Other Current Liabilities | $452M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $44M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $322M |
| TOTAL NON-CURRENT LIABILITIES | $366M |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $400.0K |
| Additional Paid-In Capital | $9.1B |
| Retained Earnings | $5.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$24M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14.7B |
| Minority Interest | $88M |
| TOTAL EQUITY | $14.8B |
| TOTAL LIABILITIES & EQUITY | $16.6B |
| Total Debt | $0 |
| Net Debt | -$3.0B |
