| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11.4B | $11.3B | $9.5B | 1.2% | 20.4% |
| Op. Income | $4.5B | $4.4B | $3.5B | 3.0% | 28.5% |
| Gross Margin | 81.0% | 80.8% | 80.4% | 0.2pp | 0.6pp |
| Net Margin | 8.5% | 26.3% | -0.6% | -17.8pp | 9.1pp |
| EPS (Diluted) | $1.07 | $3.28 | $-0.06 | -67.4% | 1868.6% |
| Free Cash Flow | -$459M | $63M | -$1.8B | -823.8% | 74.7% |
| Item | Amount |
|---|---|
| REVENUE | $11.4B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $9.3B |
| R&D Expenses | $2.7B |
| Selling & Marketing | $0 |
| General & Administrative | $2.0B |
| SG&A Expenses | $2.0B |
| Other Expenses | $0 |
| Operating Expenses | $4.7B |
| Cost & Expenses | $6.9B |
| OPERATING INCOME | $4.5B |
| Interest Income | $48M |
| Interest Expense | $193M |
| Other Income/Expenses | -$3.0B |
| INCOME BEFORE TAX | $1.6B |
| Income Tax Expense | $618M |
| Net Income from Continuing Ops | $970M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $970M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $970M |
| D&A | $467M |
| EBIT | $1.8B |
| EBITDA | $2.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $11.4B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $9.3B |
| R&D Expenses | $2.7B |
| Selling & Marketing | $0 |
| General & Administrative | $2.0B |
| SG&A Expenses | $2.0B |
| Other Expenses | $0 |
| Operating Expenses | $4.7B |
| Cost & Expenses | $6.9B |
| OPERATING INCOME | $4.5B |
| Interest Income | $48M |
| Interest Expense | $193M |
| Other Income/Expenses | -$3.0B |
| INCOME BEFORE TAX | $1.6B |
| Income Tax Expense | $618M |
| Net Income from Continuing Ops | $970M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $970M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $970M |
| D&A | $467M |
| EBIT | $1.8B |
| EBITDA | $2.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $970M |
| Depreciation & Amortization | $467M |
| Stock-Based Compensation | $133M |
| Deferred Income Tax | -$430M |
| Other Non-Cash Items | $2.6B |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $3.7B |
| Capital Expenditure | -$4.2B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$295M |
| Sales/Maturities of Investments | $100M |
| Other Investing Activities | -$2.6B |
| NET CASH FROM INVESTING | -$4.0B |
| Net Debt Issuance | $1.9B |
| Common Stock Repurchased | -$446M |
| Common Dividends Paid | -$1.2B |
| Other Financing Activities | -$47M |
| NET CASH FROM FINANCING | $211M |
| FREE CASH FLOW | -$459M |
| Net Change in Cash | $145M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.4B |
| Short-Term Investments | $149M |
| Net Receivables | $12.1B |
| Inventory | $7.5B |
| Other Current Assets | $135M |
| TOTAL CURRENT ASSETS | $31.4B |
| PP&E (Net) | $16.2B |
| Goodwill | $5.8B |
| Intangible Assets | $6.5B |
| Long-Term Investments | $3.2B |
| Tax Assets | $7.4B |
| Other Non-Current Assets | $5.1B |
| TOTAL NON-CURRENT ASSETS | $44.2B |
| TOTAL ASSETS | $75.6B |
| Account Payables | $2.9B |
| Short-Term Debt | $2.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $18.0B |
| TOTAL CURRENT LIABILITIES | $24.7B |
| Long-Term Debt | $29.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7.6B |
| TOTAL NON-CURRENT LIABILITIES | $36.6B |
| TOTAL LIABILITIES | $61.3B |
| Common Stock | $594M |
| Additional Paid-In Capital | $7.3B |
| Retained Earnings | $13.6B |
| Treasury Stock | -$33M |
| Accum. Other Comp. Income | -$4.3B |
| Other Equity | -$3.0B |
| TOTAL STOCKHOLDERS' EQUITY | $14.2B |
| Minority Interest | $81M |
| TOTAL EQUITY | $14.3B |
| TOTAL LIABILITIES & EQUITY | $75.6B |
| Total Debt | $31.1B |
| Net Debt | $27.8B |
