| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22.5B | $22.4B | — | 0.1% | — |
| Op. Income | $5.3B | $6.7B | — | -20.7% | — |
| Gross Margin | 69.0% | 69.4% | — | -0.4pp | — |
| Net Margin | 12.0% | 20.9% | — | -8.9pp | — |
| EPS (Diluted) | $1.11 | $1.93 | — | -42.5% | — |
| Free Cash Flow | $5.7B | $4.7B | — | 22.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $22.5B |
| Cost of Revenue | $7.0B |
| GROSS PROFIT | $15.5B |
| R&D Expenses | $5.0B |
| Selling & Marketing | $0 |
| General & Administrative | $5.3B |
| SG&A Expenses | $5.3B |
| Other Expenses | $0 |
| Operating Expenses | $10.2B |
| Cost & Expenses | $17.2B |
| OPERATING INCOME | $5.3B |
| Interest Income | $292M |
| Interest Expense | $193M |
| Other Income/Expenses | -$1.9B |
| INCOME BEFORE TAX | $3.3B |
| Income Tax Expense | $644M |
| Net Income from Continuing Ops | $2.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.7B |
| D&A | $1.8B |
| EBIT | $3.5B |
| EBITDA | $5.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $22.5B |
| Cost of Revenue | $7.0B |
| GROSS PROFIT | $15.5B |
| R&D Expenses | $5.0B |
| Selling & Marketing | $0 |
| General & Administrative | $5.3B |
| SG&A Expenses | $5.3B |
| Other Expenses | $0 |
| Operating Expenses | $10.2B |
| Cost & Expenses | $17.2B |
| OPERATING INCOME | $5.3B |
| Interest Income | $292M |
| Interest Expense | $193M |
| Other Income/Expenses | -$1.9B |
| INCOME BEFORE TAX | $3.3B |
| Income Tax Expense | $644M |
| Net Income from Continuing Ops | $2.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.7B |
| D&A | $1.8B |
| EBIT | $3.5B |
| EBITDA | $5.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.7B |
| Depreciation & Amortization | $1.8B |
| Stock-Based Compensation | $295M |
| Deferred Income Tax | $90M |
| Other Non-Cash Items | $1.2B |
| Change in Working Capital | $1.8B |
| OPERATING CASH FLOW | $8.0B |
| Capital Expenditure | -$2.3B |
| Acquisitions (Net) | -$338M |
| Purchases of Investments | -$280M |
| Sales/Maturities of Investments | $466M |
| Other Investing Activities | -$1.1B |
| NET CASH FROM INVESTING | -$3.1B |
| Net Debt Issuance | -$7.4B |
| Common Stock Repurchased | -$539M |
| Common Dividends Paid | -$3.0B |
| Other Financing Activities | $1.0B |
| NET CASH FROM FINANCING | -$9.9B |
| FREE CASH FLOW | $5.7B |
| Net Change in Cash | -$4.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20.0B |
| Short-Term Investments | $317M |
| Net Receivables | $16.2B |
| Inventory | $12.6B |
| Other Current Assets | $4.2B |
| TOTAL CURRENT ASSETS | $53.2B |
| PP&E (Net) | $20.5B |
| Goodwill | $44.8B |
| Intangible Assets | $39.5B |
| Long-Term Investments | $0 |
| Tax Assets | $9.3B |
| Other Non-Current Assets | $10.9B |
| TOTAL NON-CURRENT ASSETS | $125.0B |
| TOTAL ASSETS | $178.3B |
| Account Payables | $9.0B |
| Short-Term Debt | $4.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.6B |
| TOTAL CURRENT LIABILITIES | $51.8B |
| Long-Term Debt | $31.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.0B |
| Other Non-Current Liabilities | $22.1B |
| TOTAL NON-CURRENT LIABILITIES | $56.4B |
| TOTAL LIABILITIES | $108.1B |
| Common Stock | $3.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $155.2B |
| Treasury Stock | -$75.6B |
| Accum. Other Comp. Income | -$12.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $70.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $70.2B |
| TOTAL LIABILITIES & EQUITY | $178.3B |
| Total Debt | $35.8B |
| Net Debt | $15.8B |
