| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.4B | $11.3B | — | 9.4% | — |
| Op. Income | $2.6B | $2.1B | — | 22.9% | — |
| Gross Margin | 61.1% | 62.5% | — | -1.4pp | — |
| Net Margin | 19.5% | 28.1% | — | -8.6pp | — |
| EPS (Diluted) | $0.56 | $0.74 | — | -24.3% | — |
| Free Cash Flow | $3.2B | $158M | — | 1901.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $12.4B |
| Cost of Revenue | $4.8B |
| GROSS PROFIT | $7.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.4B |
| General & Administrative | $2.1B |
| SG&A Expenses | $3.5B |
| Other Expenses | $1.4B |
| Operating Expenses | $4.9B |
| Cost & Expenses | $9.7B |
| OPERATING INCOME | $2.6B |
| Interest Income | $275M |
| Interest Expense | $418M |
| Other Income/Expenses | $396M |
| INCOME BEFORE TAX | $3.0B |
| Income Tax Expense | $627M |
| Net Income from Continuing Ops | $2.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.4B |
| D&A | $269M |
| EBIT | $3.4B |
| EBITDA | $3.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $12.4B |
| Cost of Revenue | $4.8B |
| GROSS PROFIT | $7.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.4B |
| General & Administrative | $2.1B |
| SG&A Expenses | $3.5B |
| Other Expenses | $1.4B |
| Operating Expenses | $4.9B |
| Cost & Expenses | $9.7B |
| OPERATING INCOME | $2.6B |
| Interest Income | $275M |
| Interest Expense | $418M |
| Other Income/Expenses | $396M |
| INCOME BEFORE TAX | $3.0B |
| Income Tax Expense | $627M |
| Net Income from Continuing Ops | $2.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.4B |
| D&A | $269M |
| EBIT | $3.4B |
| EBITDA | $3.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.4B |
| Depreciation & Amortization | $269M |
| Stock-Based Compensation | $72M |
| Deferred Income Tax | -$29M |
| Other Non-Cash Items | $1.0B |
| Change in Working Capital | -$139M |
| OPERATING CASH FLOW | $3.6B |
| Capital Expenditure | -$422M |
| Acquisitions (Net) | -$17M |
| Purchases of Investments | -$1.3B |
| Sales/Maturities of Investments | $2.2B |
| Other Investing Activities | $163M |
| NET CASH FROM INVESTING | $667M |
| Net Debt Issuance | $1.2B |
| Common Stock Repurchased | -$172M |
| Common Dividends Paid | -$2.1B |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$938M |
| FREE CASH FLOW | $3.2B |
| Net Change in Cash | $3.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13.7B |
| Short-Term Investments | $5.3B |
| Net Receivables | $4.5B |
| Inventory | $4.8B |
| Other Current Assets | $3.3B |
| TOTAL CURRENT ASSETS | $31.6B |
| PP&E (Net) | $9.5B |
| Goodwill | $18.3B |
| Intangible Assets | $14.0B |
| Long-Term Investments | $19.4B |
| Tax Assets | $1.4B |
| Other Non-Current Assets | $7.0B |
| TOTAL NON-CURRENT ASSETS | $69.6B |
| TOTAL ASSETS | $101.2B |
| Account Payables | $21.8B |
| Short-Term Debt | $5.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $157M |
| TOTAL CURRENT LIABILITIES | $29.3B |
| Long-Term Debt | $38.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.4B |
| Other Non-Current Liabilities | $4.1B |
| TOTAL NON-CURRENT LIABILITIES | $44.5B |
| TOTAL LIABILITIES | $73.8B |
| Common Stock | $1.8B |
| Additional Paid-In Capital | $19.5B |
| Retained Earnings | $75.2B |
| Treasury Stock | -$55.1B |
| Accum. Other Comp. Income | -$15.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $25.9B |
| Minority Interest | $1.6B |
| TOTAL EQUITY | $27.4B |
| TOTAL LIABILITIES & EQUITY | $101.2B |
| Total Debt | $43.8B |
| Net Debt | $30.1B |
