| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20.3B | $18.0B | $18.0B | 12.9% | 12.6% |
| Op. Income | $1.2B | $721M | $307M | 65.3% | 288.1% |
| Gross Margin | 15.4% | 13.1% | 11.1% | 2.3pp | 4.4pp |
| Net Margin | 1.7% | 1.8% | -0.3% | -0.1pp | 2.0pp |
| EPS (Diluted) | $0.16 | $0.15 | $-0.02 | 4.1% | 741.7% |
| Free Cash Flow | $1.2B | -$518M | $365M | 335.5% | 234.2% |
| Item | Amount |
|---|---|
| REVENUE | $20.3B |
| Cost of Revenue | $17.1B |
| GROSS PROFIT | $3.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.1B |
| General & Administrative | $689M |
| SG&A Expenses | $1.8B |
| Other Expenses | $173M |
| Operating Expenses | $1.9B |
| Cost & Expenses | $19.1B |
| OPERATING INCOME | $1.2B |
| Interest Income | $127M |
| Interest Expense | $454M |
| Other Income/Expenses | -$628M |
| INCOME BEFORE TAX | $564M |
| Income Tax Expense | $157M |
| Net Income from Continuing Ops | $408M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $346M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $346M |
| D&A | $261M |
| EBIT | $1.0B |
| EBITDA | $1.3B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $20.3B |
| Cost of Revenue | $17.1B |
| GROSS PROFIT | $3.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.1B |
| General & Administrative | $689M |
| SG&A Expenses | $1.8B |
| Other Expenses | $173M |
| Operating Expenses | $1.9B |
| Cost & Expenses | $19.1B |
| OPERATING INCOME | $1.2B |
| Interest Income | $127M |
| Interest Expense | $454M |
| Other Income/Expenses | -$628M |
| INCOME BEFORE TAX | $564M |
| Income Tax Expense | $157M |
| Net Income from Continuing Ops | $408M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $346M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $346M |
| D&A | $261M |
| EBIT | $1.0B |
| EBITDA | $1.3B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $346M |
| Depreciation & Amortization | $574M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $735M |
| Change in Working Capital | -$74M |
| OPERATING CASH FLOW | $1.6B |
| Capital Expenditure | -$363M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$359M |
| Net Debt Issuance | -$581M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$155M |
| NET CASH FROM FINANCING | -$736M |
| FREE CASH FLOW | $1.2B |
| Net Change in Cash | $813M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.1B |
| Short-Term Investments | $0 |
| Net Receivables | $3.7B |
| Inventory | $7.5B |
| Other Current Assets | $1.4B |
| TOTAL CURRENT ASSETS | $16.7B |
| PP&E (Net) | $16.0B |
| Goodwill | $6.4B |
| Intangible Assets | $2.1B |
| Long-Term Investments | $47M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.9B |
| TOTAL NON-CURRENT ASSETS | $27.5B |
| TOTAL ASSETS | $44.2B |
| Account Payables | $5.0B |
| Short-Term Debt | $2.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.3B |
| TOTAL CURRENT LIABILITIES | $10.3B |
| Long-Term Debt | $19.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.3B |
| TOTAL NON-CURRENT LIABILITIES | $23.7B |
| TOTAL LIABILITIES | $34.0B |
| Common Stock | $4.7B |
| Additional Paid-In Capital | $43M |
| Retained Earnings | $3.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $742M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.3B |
| Minority Interest | $920M |
| TOTAL EQUITY | $10.2B |
| TOTAL LIABILITIES & EQUITY | $44.2B |
| Total Debt | $23.8B |
| Net Debt | $19.7B |
