| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.3B | $5.1B | $3.9B | 4.7% | 35.3% |
| Op. Income | $557M | $726M | $785M | -23.3% | -29.0% |
| Gross Margin | 45.9% | 46.6% | 53.3% | -0.7pp | -7.4pp |
| Net Margin | 7.5% | 10.5% | 9.1% | -3.0pp | -1.7pp |
| EPS (Diluted) | $7.83 | $10.47 | $7.15 | -25.2% | 9.5% |
| Free Cash Flow | $1.4B | $1.7B | $815M | -18.9% | 69.0% |
| Item | Amount |
|---|---|
| REVENUE | $5.3B |
| Cost of Revenue | $2.9B |
| GROSS PROFIT | $2.4B |
| R&D Expenses | $504M |
| Selling & Marketing | $566M |
| General & Administrative | $305M |
| SG&A Expenses | $871M |
| Other Expenses | $507M |
| Operating Expenses | $1.9B |
| Cost & Expenses | $4.8B |
| OPERATING INCOME | $557M |
| Interest Income | $43M |
| Interest Expense | $40M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $520M |
| Income Tax Expense | $123M |
| Net Income from Continuing Ops | $397M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $397M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $397M |
| D&A | $157M |
| EBIT | $560M |
| EBITDA | $717M |
| EPS | $8 |
| EPS Diluted | $8 |
| Item | Amount |
|---|---|
| REVENUE | $5.3B |
| Cost of Revenue | $2.9B |
| GROSS PROFIT | $2.4B |
| R&D Expenses | $504M |
| Selling & Marketing | $566M |
| General & Administrative | $305M |
| SG&A Expenses | $871M |
| Other Expenses | $507M |
| Operating Expenses | $1.9B |
| Cost & Expenses | $4.8B |
| OPERATING INCOME | $557M |
| Interest Income | $43M |
| Interest Expense | $40M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $520M |
| Income Tax Expense | $123M |
| Net Income from Continuing Ops | $397M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $397M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $397M |
| D&A | $157M |
| EBIT | $560M |
| EBITDA | $717M |
| EPS | $8 |
| EPS Diluted | $8 |
| Item | Amount |
|---|---|
| Net Income | $397M |
| Depreciation & Amortization | $157M |
| Stock-Based Compensation | $83M |
| Deferred Income Tax | $32M |
| Other Non-Cash Items | $1.6B |
| Change in Working Capital | -$710M |
| OPERATING CASH FLOW | $1.6B |
| Capital Expenditure | -$223M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3.7B |
| Sales/Maturities of Investments | $2.6B |
| Other Investing Activities | -$1.4B |
| NET CASH FROM INVESTING | -$2.6B |
| Net Debt Issuance | $726M |
| Common Stock Repurchased | $53.8K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$53.8K |
| NET CASH FROM FINANCING | $726M |
| FREE CASH FLOW | $1.4B |
| Net Change in Cash | -$345M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.2B |
| Short-Term Investments | $1.1B |
| Net Receivables | $9.0B |
| Inventory | $322M |
| Other Current Assets | $5.2B |
| TOTAL CURRENT ASSETS | $17.8B |
| PP&E (Net) | $2.3B |
| Goodwill | $149M |
| Intangible Assets | $46M |
| Long-Term Investments | $1.2B |
| Tax Assets | $780M |
| Other Non-Current Assets | $366M |
| TOTAL NON-CURRENT ASSETS | $4.8B |
| TOTAL ASSETS | $22.6B |
| Account Payables | $2.9B |
| Short-Term Debt | $2.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $296M |
| TOTAL CURRENT LIABILITIES | $14.3B |
| Long-Term Debt | $3.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $193M |
| Other Non-Current Liabilities | $242M |
| TOTAL NON-CURRENT LIABILITIES | $4.3B |
| TOTAL LIABILITIES | $18.6B |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $3.2B |
| Treasury Stock | -$311M |
| Accum. Other Comp. Income | -$630M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.0B |
| TOTAL LIABILITIES & EQUITY | $22.6B |
| Total Debt | $6.3B |
| Net Debt | $4.2B |
