| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.0B | $3.7B | $200M | 8.9% | 1899.8% |
| Op. Income | $560M | $495M | $28M | 13.1% | 1934.7% |
| Gross Margin | 46.0% | 44.6% | 44.4% | 1.5pp | 1.6pp |
| Net Margin | 8.1% | 7.8% | 8.0% | 0.2pp | 0.1pp |
| EPS (Diluted) | $1.54 | $1.37 | $1.35 | 12.2% | 14.1% |
| Free Cash Flow | $321M | $330M | $375M | -2.5% | -14.2% |
| Item | Amount |
|---|---|
| REVENUE | $4.0B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.0B |
| General & Administrative | $203M |
| SG&A Expenses | $1.2B |
| Other Expenses | $34M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $560M |
| Interest Income | $39M |
| Interest Expense | $106M |
| Other Income/Expenses | -$57M |
| INCOME BEFORE TAX | $503M |
| Income Tax Expense | $175M |
| Net Income from Continuing Ops | $328M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $57.5K |
| NET INCOME | $322M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $322M |
| D&A | $0 |
| EBIT | $609M |
| EBITDA | $609M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $4.0B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.0B |
| General & Administrative | $203M |
| SG&A Expenses | $1.2B |
| Other Expenses | $34M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $560M |
| Interest Income | $39M |
| Interest Expense | $106M |
| Other Income/Expenses | -$57M |
| INCOME BEFORE TAX | $503M |
| Income Tax Expense | $175M |
| Net Income from Continuing Ops | $328M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $57.5K |
| NET INCOME | $322M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $322M |
| D&A | $0 |
| EBIT | $609M |
| EBITDA | $609M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $325M |
| Depreciation & Amortization | $242M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $12M |
| Other Non-Cash Items | $10.8B |
| Change in Working Capital | $134M |
| OPERATING CASH FLOW | $635M |
| Capital Expenditure | -$313M |
| Acquisitions (Net) | $4M |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$5.8B |
| NET CASH FROM INVESTING | -$6.2B |
| Net Debt Issuance | $30M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$187M |
| Other Financing Activities | -$3.4B |
| NET CASH FROM FINANCING | -$3.6B |
| FREE CASH FLOW | $321M |
| Net Change in Cash | $3.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $121M |
| Short-Term Investments | $0 |
| Net Receivables | $67M |
| Inventory | $39M |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $235M |
| PP&E (Net) | $272M |
| Goodwill | $69M |
| Intangible Assets | $246M |
| Long-Term Investments | $41M |
| Tax Assets | $26M |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $671M |
| TOTAL ASSETS | $906M |
| Account Payables | $76M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $52M |
| TOTAL CURRENT LIABILITIES | $207M |
| Long-Term Debt | $214M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $43M |
| TOTAL NON-CURRENT LIABILITIES | $275M |
| TOTAL LIABILITIES | $482M |
| Common Stock | $3M |
| Additional Paid-In Capital | $147M |
| Retained Earnings | $295M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$42M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $403M |
| Minority Interest | $21M |
| TOTAL EQUITY | $424M |
| TOTAL LIABILITIES & EQUITY | $906M |
| Total Debt | $225M |
| Net Debt | $103M |
