| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | -$359M | $431M | 434.3% | 178.4% |
| Op. Income | $318M | $903M | $1.5B | -64.8% | -78.3% |
| Gross Margin | 95.3% | -480.2% | 531.6% | 575.5pp | -436.3pp |
| Net Margin | 22.9% | -221.4% | 282.4% | 244.4pp | -259.4pp |
| EPS (Diluted) | $3.43 | $9.94 | $14.21 | -65.5% | -75.9% |
| Free Cash Flow | $1.5B | $1.4B | $1.1B | 3.6% | 36.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $57M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $258M |
| SG&A Expenses | $258M |
| Other Expenses | $567M |
| Operating Expenses | $825M |
| Cost & Expenses | $882M |
| OPERATING INCOME | $318M |
| Interest Income | $0 |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $318M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $282M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $275M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $264M |
| D&A | $0 |
| EBIT | $344M |
| EBITDA | $344M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $57M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $258M |
| SG&A Expenses | $258M |
| Other Expenses | $567M |
| Operating Expenses | $825M |
| Cost & Expenses | $882M |
| OPERATING INCOME | $318M |
| Interest Income | $0 |
| Interest Expense | $26M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $318M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $282M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $275M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $264M |
| D&A | $0 |
| EBIT | $344M |
| EBITDA | $344M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $275M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $48M |
| Deferred Income Tax | -$17M |
| Other Non-Cash Items | $1.1B |
| Change in Working Capital | $23M |
| OPERATING CASH FLOW | $1.5B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4.5B |
| Sales/Maturities of Investments | $2.7B |
| Other Investing Activities | -$94M |
| NET CASH FROM INVESTING | -$1.9B |
| Net Debt Issuance | $544M |
| Common Stock Repurchased | -$109M |
| Common Dividends Paid | -$53M |
| Other Financing Activities | -$740M |
| NET CASH FROM FINANCING | -$369M |
| FREE CASH FLOW | $1.5B |
| Net Change in Cash | -$805M |
