| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.8B | $3.8B | $3.9B | 0.9% | -2.0% |
| Op. Income | $1.1B | $1.1B | $942M | -0.0% | 12.2% |
| Gross Margin | 47.5% | 46.8% | 41.5% | 0.7pp | 6.0pp |
| Net Margin | 25.5% | 25.4% | 21.0% | 0.1pp | 4.4pp |
| EPS (Diluted) | $0.73 | $0.72 | $0.60 | 1.4% | 21.7% |
| Free Cash Flow | $1.3B | $1.3B | $1.6B | -4.3% | -20.3% |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $512M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $215M |
| Other Expenses | $16M |
| Operating Expenses | $743M |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $1.1B |
| Interest Income | $72M |
| Interest Expense | $47M |
| Other Income/Expenses | $36M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $127M |
| Net Income from Continuing Ops | $966M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $966M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $966M |
| D&A | $90M |
| EBIT | $1.1B |
| EBITDA | $1.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $512M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $215M |
| Other Expenses | $16M |
| Operating Expenses | $743M |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $1.1B |
| Interest Income | $72M |
| Interest Expense | $47M |
| Other Income/Expenses | $36M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $127M |
| Net Income from Continuing Ops | $966M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $966M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $966M |
| D&A | $90M |
| EBIT | $1.1B |
| EBITDA | $1.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $966M |
| Depreciation & Amortization | $90M |
| Stock-Based Compensation | $77M |
| Deferred Income Tax | -$25M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | $267M |
| OPERATING CASH FLOW | $1.4B |
| Capital Expenditure | -$104M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$92M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$981M |
| Common Dividends Paid | -$263M |
| Other Financing Activities | $300.0K |
| NET CASH FROM FINANCING | -$1.2B |
| FREE CASH FLOW | $1.3B |
| Net Change in Cash | $48M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.7B |
| Short-Term Investments | $0 |
| Net Receivables | $2.2B |
| Inventory | $4.3B |
| Other Current Assets | $290M |
| TOTAL CURRENT ASSETS | $12.5B |
| PP&E (Net) | $2.2B |
| Goodwill | $1.6B |
| Intangible Assets | $142M |
| Long-Term Investments | $2M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.8B |
| TOTAL NON-CURRENT ASSETS | $5.8B |
| TOTAL ASSETS | $18.3B |
| Account Payables | $532M |
| Short-Term Debt | $505M |
| Deferred Revenue | $1.6B |
| Other Current Liabilities | $1.3B |
| TOTAL CURRENT LIABILITIES | $4.4B |
| Long-Term Debt | $4.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $5.8B |
| TOTAL LIABILITIES | $10.3B |
| Common Stock | $131.0K |
| Additional Paid-In Capital | $8.1B |
| Retained Earnings | $24.1B |
| Treasury Stock | -$24.0B |
| Accum. Other Comp. Income | -$128M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $8.0B |
| TOTAL LIABILITIES & EQUITY | $18.3B |
| Total Debt | $5.0B |
| Net Debt | -$689M |
