| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $69.7B | $67.8B | $61.6B | 2.7% | 13.1% |
| Op. Income | $17.0B | $23.4B | $16.7B | -27.6% | 1.5% |
| Gross Margin | 56.8% | 57.5% | 62.3% | -0.8pp | -5.6pp |
| Net Margin | 18.5% | 26.8% | 21.4% | -8.2pp | -2.8pp |
| EPS (Diluted) | $4.37 | $6.12 | $4.33 | -28.6% | 0.9% |
| Free Cash Flow | -$74.1B | $38.5B | $45.1B | -292.6% | -264.2% |
| Item | Amount |
|---|---|
| REVENUE | $69.7B |
| Cost of Revenue | $30.1B |
| GROSS PROFIT | $39.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.3B |
| General & Administrative | $12.8B |
| SG&A Expenses | $14.1B |
| Other Expenses | $8.5B |
| Operating Expenses | $22.6B |
| Cost & Expenses | $52.7B |
| OPERATING INCOME | $17.0B |
| Interest Income | $50.4B |
| Interest Expense | $27.0B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $17.0B |
| Income Tax Expense | $4.1B |
| Net Income from Continuing Ops | $12.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12.5B |
| D&A | $2.0B |
| EBIT | $17.0B |
| EBITDA | $18.9B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $69.7B |
| Cost of Revenue | $30.1B |
| GROSS PROFIT | $39.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.3B |
| General & Administrative | $12.8B |
| SG&A Expenses | $14.1B |
| Other Expenses | $8.5B |
| Operating Expenses | $22.6B |
| Cost & Expenses | $52.7B |
| OPERATING INCOME | $17.0B |
| Interest Income | $50.4B |
| Interest Expense | $27.0B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $17.0B |
| Income Tax Expense | $4.1B |
| Net Income from Continuing Ops | $12.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12.5B |
| D&A | $2.0B |
| EBIT | $17.0B |
| EBITDA | $18.9B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $12.9B |
| Depreciation & Amortization | $2.0B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $1.4B |
| Other Non-Cash Items | -$1.0B |
| Change in Working Capital | -$89.3B |
| OPERATING CASH FLOW | -$74.1B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$88.2B |
| Sales/Maturities of Investments | $54.4B |
| Other Investing Activities | -$9.7B |
| NET CASH FROM INVESTING | -$43.4B |
| Net Debt Issuance | $7.2B |
| Common Stock Repurchased | -$8.6B |
| Common Dividends Paid | -$3.7B |
| Other Financing Activities | $15.8B |
| NET CASH FROM FINANCING | $10.7B |
| FREE CASH FLOW | -$74.1B |
| Net Change in Cash | -$96.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $434.3B |
| Short-Term Investments | $947.5B |
| Net Receivables | $375.0B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.8T |
| PP&E (Net) | $31.5B |
| Goodwill | $52.7B |
| Intangible Assets | $11.7B |
| Long-Term Investments | $1.6T |
| Tax Assets | $0 |
| Other Non-Current Assets | $741.3B |
| TOTAL NON-CURRENT ASSETS | $2.5T |
| TOTAL ASSETS | $4.2T |
| Account Payables | $0 |
| Short-Term Debt | $440.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.6T |
| TOTAL CURRENT LIABILITIES | $3.1T |
| Long-Term Debt | $410.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $340.1B |
| TOTAL NON-CURRENT LIABILITIES | $750.2B |
| TOTAL LIABILITIES | $3.9T |
| Common Stock | $4.1B |
| Additional Paid-In Capital | $90.6B |
| Retained Earnings | $366.0B |
| Treasury Stock | -$129.7B |
| Accum. Other Comp. Income | -$6.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $345.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $345.8B |
| TOTAL LIABILITIES & EQUITY | $4.2T |
| Total Debt | $850.1B |
| Net Debt | $415.9B |
