| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11.9B | $12.4B | $12.0B | -4.1% | -0.8% |
| Op. Income | $2.5B | $2.6B | $3.3B | -4.6% | -23.2% |
| Gross Margin | 60.7% | 61.1% | 61.0% | -0.4pp | -0.4pp |
| Net Margin | 24.0% | 19.5% | 25.8% | 4.5pp | -1.8pp |
| EPS (Diluted) | $0.66 | $0.56 | $0.71 | 17.9% | -7.0% |
| Free Cash Flow | -$1.7B | $3.2B | $3.9B | -154.6% | -144.1% |
| Item | Amount |
|---|---|
| REVENUE | $11.9B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $7.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.4B |
| General & Administrative | $2.2B |
| SG&A Expenses | $3.6B |
| Other Expenses | $1.1B |
| Operating Expenses | $4.7B |
| Cost & Expenses | $9.3B |
| OPERATING INCOME | $2.5B |
| Interest Income | $263M |
| Interest Expense | $425M |
| Other Income/Expenses | $870M |
| INCOME BEFORE TAX | $3.4B |
| Income Tax Expense | $530M |
| Net Income from Continuing Ops | $2.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.8B |
| D&A | $268M |
| EBIT | $3.8B |
| EBITDA | $4.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $11.9B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $7.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.4B |
| General & Administrative | $2.2B |
| SG&A Expenses | $3.6B |
| Other Expenses | $1.1B |
| Operating Expenses | $4.7B |
| Cost & Expenses | $9.3B |
| OPERATING INCOME | $2.5B |
| Interest Income | $263M |
| Interest Expense | $425M |
| Other Income/Expenses | $870M |
| INCOME BEFORE TAX | $3.4B |
| Income Tax Expense | $530M |
| Net Income from Continuing Ops | $2.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.8B |
| D&A | $268M |
| EBIT | $3.8B |
| EBITDA | $4.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.8B |
| Depreciation & Amortization | $268M |
| Stock-Based Compensation | $67M |
| Deferred Income Tax | $202M |
| Other Non-Cash Items | $215M |
| Change in Working Capital | -$4.9B |
| OPERATING CASH FLOW | -$1.3B |
| Capital Expenditure | -$469M |
| Acquisitions (Net) | $433M |
| Purchases of Investments | -$571M |
| Sales/Maturities of Investments | $2.5B |
| Other Investing Activities | $454M |
| NET CASH FROM INVESTING | $2.3B |
| Net Debt Issuance | $1.3B |
| Common Stock Repurchased | -$354M |
| Common Dividends Paid | -$2.1B |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$894M |
| FREE CASH FLOW | -$1.7B |
| Net Change in Cash | $248M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13.9B |
| Short-Term Investments | $4.2B |
| Net Receivables | $4.2B |
| Inventory | $4.7B |
| Other Current Assets | $3.2B |
| TOTAL CURRENT ASSETS | $30.3B |
| PP&E (Net) | $9.9B |
| Goodwill | $18.7B |
| Intangible Assets | $14.1B |
| Long-Term Investments | $19.3B |
| Tax Assets | $1.4B |
| Other Non-Current Assets | $12.6B |
| TOTAL NON-CURRENT ASSETS | $76.0B |
| TOTAL ASSETS | $106.3B |
| Account Payables | $23.8B |
| Short-Term Debt | $3.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $28.6B |
| Long-Term Debt | $43.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.3B |
| Other Non-Current Liabilities | $4.3B |
| TOTAL NON-CURRENT LIABILITIES | $49.5B |
| TOTAL LIABILITIES | $78.1B |
| Common Stock | $1.8B |
| Additional Paid-In Capital | $19.7B |
| Retained Earnings | $75.9B |
| Treasury Stock | -$55.4B |
| Accum. Other Comp. Income | -$15.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $26.5B |
| Minority Interest | $1.6B |
| TOTAL EQUITY | $28.2B |
| TOTAL LIABILITIES & EQUITY | $106.3B |
| Total Debt | $46.3B |
| Net Debt | $32.3B |
