| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $67.8B | $66.3B | $58.4B | 2.4% | 16.1% |
| Op. Income | $23.4B | $17.3B | $17.6B | 35.5% | 33.3% |
| Gross Margin | 57.5% | 60.4% | 61.1% | -2.9pp | -3.5pp |
| Net Margin | 26.8% | 20.3% | 24.8% | 6.5pp | 2.0pp |
| EPS (Diluted) | $6.12 | $4.44 | $4.75 | 37.8% | 28.8% |
| Free Cash Flow | $38.5B | -$154.2B | $18.9B | 125.0% | 103.9% |
| Item | Amount |
|---|---|
| REVENUE | $67.8B |
| Cost of Revenue | $28.8B |
| GROSS PROFIT | $39.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.2B |
| General & Administrative | $13.0B |
| SG&A Expenses | $14.2B |
| Other Expenses | $1.4B |
| Operating Expenses | $15.6B |
| Cost & Expenses | $44.4B |
| OPERATING INCOME | $23.4B |
| Interest Income | $48.5B |
| Interest Expense | $25.8B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $23.4B |
| Income Tax Expense | $5.3B |
| Net Income from Continuing Ops | $18.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17.7B |
| D&A | $2.0B |
| EBIT | $23.4B |
| EBITDA | $25.4B |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| REVENUE | $67.8B |
| Cost of Revenue | $28.8B |
| GROSS PROFIT | $39.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.2B |
| General & Administrative | $13.0B |
| SG&A Expenses | $14.2B |
| Other Expenses | $1.4B |
| Operating Expenses | $15.6B |
| Cost & Expenses | $44.4B |
| OPERATING INCOME | $23.4B |
| Interest Income | $48.5B |
| Interest Expense | $25.8B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $23.4B |
| Income Tax Expense | $5.3B |
| Net Income from Continuing Ops | $18.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17.7B |
| D&A | $2.0B |
| EBIT | $23.4B |
| EBITDA | $25.4B |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| Net Income | $18.1B |
| Depreciation & Amortization | $2.0B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$620M |
| Other Non-Cash Items | -$4.4B |
| Change in Working Capital | $23.4B |
| OPERATING CASH FLOW | $38.5B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$70.5B |
| Sales/Maturities of Investments | $50.4B |
| Other Investing Activities | -$74.1B |
| NET CASH FROM INVESTING | -$94.2B |
| Net Debt Issuance | $120M |
| Common Stock Repurchased | -$11.3B |
| Common Dividends Paid | -$3.8B |
| Other Financing Activities | $42.2B |
| NET CASH FROM FINANCING | $27.2B |
| FREE CASH FLOW | $38.5B |
| Net Change in Cash | -$31.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $530.8B |
| Short-Term Investments | $257.1B |
| Net Receivables | $135.7B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $923.6B |
| PP&E (Net) | $30.6B |
| Goodwill | $52.6B |
| Intangible Assets | $11.9B |
| Long-Term Investments | $1.6T |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.5T |
| TOTAL NON-CURRENT ASSETS | $3.2T |
| TOTAL ASSETS | $4.1T |
| Account Payables | $0 |
| Short-Term Debt | $448.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.6T |
| TOTAL CURRENT LIABILITIES | $3.1T |
| Long-Term Debt | $394.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $357.7B |
| TOTAL NON-CURRENT LIABILITIES | $751.8B |
| TOTAL LIABILITIES | $3.8T |
| Common Stock | $4.1B |
| Additional Paid-In Capital | $90.3B |
| Retained Earnings | $356.9B |
| Treasury Stock | -$123.4B |
| Accum. Other Comp. Income | -$11.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $340.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $340.6B |
| TOTAL LIABILITIES & EQUITY | $4.1T |
| Total Debt | $842.2B |
| Net Debt | $311.3B |
