| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.6B | $3.7B | — | 23.5% | — |
| Op. Income | $49M | -$108M | — | 145.0% | — |
| Gross Margin | 19.5% | 20.6% | — | -1.1pp | — |
| Net Margin | 3.5% | 2.3% | — | 1.2pp | — |
| EPS (Diluted) | $0.15 | $0.08 | — | 85.7% | — |
| Free Cash Flow | -$521M | -$488M | — | -6.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $4.6B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $901M |
| R&D Expenses | $442M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $411M |
| Other Expenses | $0 |
| Operating Expenses | $853M |
| Cost & Expenses | $4.6B |
| OPERATING INCOME | $49M |
| Interest Income | $54M |
| Interest Expense | $6M |
| Other Income/Expenses | $123M |
| INCOME BEFORE TAX | $172M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $161M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $161M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $161M |
| D&A | $0 |
| EBIT | $178M |
| EBITDA | $178M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.6B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $901M |
| R&D Expenses | $442M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $411M |
| Other Expenses | $0 |
| Operating Expenses | $853M |
| Cost & Expenses | $4.6B |
| OPERATING INCOME | $49M |
| Interest Income | $54M |
| Interest Expense | $6M |
| Other Income/Expenses | $123M |
| INCOME BEFORE TAX | $172M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $161M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $161M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $161M |
| D&A | $0 |
| EBIT | $178M |
| EBITDA | $178M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $161M |
| Depreciation & Amortization | $190M |
| Stock-Based Compensation | $59M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$51M |
| Change in Working Capital | -$422M |
| OPERATING CASH FLOW | -$63M |
| Capital Expenditure | -$458M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$103M |
| NET CASH FROM INVESTING | -$561M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$15M |
| NET CASH FROM FINANCING | -$15M |
| FREE CASH FLOW | -$521M |
| Net Change in Cash | -$634M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11.8B |
| Short-Term Investments | $2.4B |
| Net Receivables | $23M |
| Inventory | $1.2B |
| Other Current Assets | $598M |
| TOTAL CURRENT ASSETS | $16.0B |
| PP&E (Net) | $4.1B |
| Goodwill | $801.3K |
| Intangible Assets | $130M |
| Long-Term Investments | $218M |
| Tax Assets | $0 |
| Other Non-Current Assets | $675M |
| TOTAL NON-CURRENT ASSETS | $5.2B |
| TOTAL ASSETS | $21.2B |
| Account Payables | $6.8B |
| Short-Term Debt | $135M |
| Deferred Revenue | $253M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $9.1B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $115M |
| Deferred Tax Liabilities | $74M |
| Other Non-Current Liabilities | $701M |
| TOTAL NON-CURRENT LIABILITIES | $2.8B |
| TOTAL LIABILITIES | $12.0B |
| Common Stock | $211.9K |
| Additional Paid-In Capital | $8.6B |
| Retained Earnings | $669M |
| Treasury Stock | -$12.1K |
| Accum. Other Comp. Income | -$40M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.2B |
| Minority Interest | $63M |
| TOTAL EQUITY | $9.3B |
| TOTAL LIABILITIES & EQUITY | $21.2B |
| Total Debt | $2.3B |
| Net Debt | -$9.5B |
