| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.8B | $1.5B | -0.2% | 23.2% |
| Op. Income | $759M | $791M | $562M | -4.0% | 35.1% |
| Gross Margin | 65.7% | 68.1% | 65.6% | -2.3pp | 0.2pp |
| Net Margin | 29.5% | 30.4% | 26.4% | -0.9pp | 3.0pp |
| EPS (Diluted) | $2.93 | $3.02 | $2.11 | -3.0% | 38.9% |
| Free Cash Flow | $631M | $593M | $391M | 6.4% | 61.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $621M |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $433M |
| Other Expenses | $0 |
| Operating Expenses | $433M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $759M |
| Interest Income | $28M |
| Interest Expense | $88M |
| Other Income/Expenses | -$56M |
| INCOME BEFORE TAX | $703M |
| Income Tax Expense | $169M |
| Net Income from Continuing Ops | $534M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $534M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $534M |
| D&A | $108M |
| EBIT | $757M |
| EBITDA | $865M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $621M |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $433M |
| Other Expenses | $0 |
| Operating Expenses | $433M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $759M |
| Interest Income | $28M |
| Interest Expense | $88M |
| Other Income/Expenses | -$56M |
| INCOME BEFORE TAX | $703M |
| Income Tax Expense | $169M |
| Net Income from Continuing Ops | $534M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $534M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $534M |
| D&A | $108M |
| EBIT | $757M |
| EBITDA | $865M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $534M |
| Depreciation & Amortization | $108M |
| Stock-Based Compensation | $57M |
| Deferred Income Tax | -$16M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $703M |
| Capital Expenditure | -$72M |
| Acquisitions (Net) | -$98M |
| Purchases of Investments | -$538M |
| Sales/Maturities of Investments | $24M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$684M |
| Net Debt Issuance | $491M |
| Common Stock Repurchased | -$431M |
| Common Dividends Paid | -$156M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$81M |
| FREE CASH FLOW | $631M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.6B |
| Short-Term Investments | $573M |
| Net Receivables | $1.8B |
| Inventory | $0 |
| Other Current Assets | $60M |
| TOTAL CURRENT ASSETS | $5.3B |
| PP&E (Net) | $904M |
| Goodwill | $6.1B |
| Intangible Assets | $2.0B |
| Long-Term Investments | $596M |
| Tax Assets | $268M |
| Other Non-Current Assets | $608M |
| TOTAL NON-CURRENT ASSETS | $10.5B |
| TOTAL ASSETS | $15.8B |
| Account Payables | $50M |
| Short-Term Debt | $802M |
| Deferred Revenue | $1.4B |
| Other Current Liabilities | $325M |
| TOTAL CURRENT LIABILITIES | $3.2B |
| Long-Term Debt | $6.9B |
| Deferred Revenue NC | $59M |
| Deferred Tax Liabilities | $416M |
| Other Non-Current Liabilities | $870M |
| TOTAL NON-CURRENT LIABILITIES | $8.5B |
| TOTAL LIABILITIES | $11.7B |
| Common Stock | $3M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $15.9B |
| Treasury Stock | -$12.8B |
| Accum. Other Comp. Income | -$503M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.9B |
| Minority Interest | $163M |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $15.8B |
| Total Debt | $7.9B |
| Net Debt | $5.3B |
