| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.5B | $6.5B | $6.0B | 0.3% | 7.8% |
| Op. Income | $1.5B | $1.6B | $1.3B | -3.6% | 20.0% |
| Gross Margin | 48.1% | 48.3% | 46.7% | -0.2pp | 1.4pp |
| Net Margin | 16.8% | 18.1% | 15.4% | -1.3pp | 1.4pp |
| EPS (Diluted) | $2.76 | $2.95 | $2.28 | -6.6% | 21.0% |
| Free Cash Flow | -$2.2B | -$703M | $1.5B | -218.5% | -253.6% |
| Item | Amount |
|---|---|
| REVENUE | $6.5B |
| Cost of Revenue | $3.4B |
| GROSS PROFIT | $3.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $40M |
| General & Administrative | $919M |
| SG&A Expenses | $960M |
| Other Expenses | $613M |
| Operating Expenses | $1.6B |
| Cost & Expenses | $4.9B |
| OPERATING INCOME | $1.5B |
| Interest Income | $5.2B |
| Interest Expense | $3.0B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $464M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $157M |
| EBIT | $1.5B |
| EBITDA | $1.7B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $6.5B |
| Cost of Revenue | $3.4B |
| GROSS PROFIT | $3.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $40M |
| General & Administrative | $919M |
| SG&A Expenses | $960M |
| Other Expenses | $613M |
| Operating Expenses | $1.6B |
| Cost & Expenses | $4.9B |
| OPERATING INCOME | $1.5B |
| Interest Income | $5.2B |
| Interest Expense | $3.0B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $464M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $157M |
| EBIT | $1.5B |
| EBITDA | $1.7B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $1.1B |
| Depreciation & Amortization | $157M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1.2B |
| Change in Working Capital | -$2.2B |
| OPERATING CASH FLOW | -$2.2B |
| Capital Expenditure | -$71M |
| Acquisitions (Net) | -$135M |
| Purchases of Investments | -$1.8B |
| Sales/Maturities of Investments | $4.0B |
| Other Investing Activities | -$45M |
| NET CASH FROM INVESTING | $2.0B |
| Net Debt Issuance | -$1.5B |
| Common Stock Repurchased | -$115M |
| Common Dividends Paid | -$236M |
| Other Financing Activities | -$1.2B |
| NET CASH FROM FINANCING | -$3.1B |
| FREE CASH FLOW | -$2.2B |
| Net Change in Cash | -$3.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17.7B |
| Short-Term Investments | $60.4B |
| Net Receivables | $213M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $78.3B |
| PP&E (Net) | $3.6B |
| Goodwill | $0 |
| Intangible Assets | $1.3B |
| Long-Term Investments | $396.5B |
| Tax Assets | $109M |
| Other Non-Current Assets | $23.3B |
| TOTAL NON-CURRENT ASSETS | $424.8B |
| TOTAL ASSETS | $503.1B |
| Account Payables | $0 |
| Short-Term Debt | $9.8B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $285.7B |
| TOTAL CURRENT LIABILITIES | $295.8B |
| Long-Term Debt | $82.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.3B |
| Other Non-Current Liabilities | $83.1B |
| TOTAL NON-CURRENT LIABILITIES | $166.9B |
| TOTAL LIABILITIES | $462.7B |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $11.2B |
| Retained Earnings | $23.3B |
| Treasury Stock | -$612M |
| Accum. Other Comp. Income | $334M |
| Other Equity | $3.4B |
| TOTAL STOCKHOLDERS' EQUITY | $39.1B |
| Minority Interest | $1.3B |
| TOTAL EQUITY | $40.4B |
| TOTAL LIABILITIES & EQUITY | $503.1B |
| Total Debt | $92.3B |
| Net Debt | $74.6B |
