| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $39.1B | $36.5B | $32.0B | 7.2% | 22.1% |
| Op. Income | $14.8B | $13.8B | $9.4B | 7.4% | 58.1% |
| Gross Margin | 81.3% | 81.8% | 81.4% | -0.5pp | -0.1pp |
| Net Margin | 34.5% | 33.9% | 24.3% | 0.5pp | 10.1pp |
| EPS (Diluted) | $5.16 | $4.71 | $2.98 | 9.6% | 73.2% |
| Free Cash Flow | $11.2B | $12.8B | $11.1B | -12.8% | 0.9% |
| Item | Amount |
|---|---|
| REVENUE | $39.1B |
| Cost of Revenue | $7.3B |
| GROSS PROFIT | $31.8B |
| R&D Expenses | $10.5B |
| Selling & Marketing | $2.7B |
| General & Administrative | $3.7B |
| SG&A Expenses | $6.4B |
| Other Expenses | $0 |
| Operating Expenses | $16.9B |
| Cost & Expenses | $24.2B |
| OPERATING INCOME | $14.8B |
| Interest Income | $540M |
| Interest Expense | $128M |
| Other Income/Expenses | $259M |
| INCOME BEFORE TAX | $15.1B |
| Income Tax Expense | $1.6B |
| Net Income from Continuing Ops | $13.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13.5B |
| D&A | $3.6B |
| EBIT | $15.2B |
| EBITDA | $18.9B |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $39.1B |
| Cost of Revenue | $7.3B |
| GROSS PROFIT | $31.8B |
| R&D Expenses | $10.5B |
| Selling & Marketing | $2.7B |
| General & Administrative | $3.7B |
| SG&A Expenses | $6.4B |
| Other Expenses | $0 |
| Operating Expenses | $16.9B |
| Cost & Expenses | $24.2B |
| OPERATING INCOME | $14.8B |
| Interest Income | $540M |
| Interest Expense | $128M |
| Other Income/Expenses | $259M |
| INCOME BEFORE TAX | $15.1B |
| Income Tax Expense | $1.6B |
| Net Income from Continuing Ops | $13.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13.5B |
| D&A | $3.6B |
| EBIT | $15.2B |
| EBITDA | $18.9B |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $13.5B |
| Depreciation & Amortization | $3.6B |
| Stock-Based Compensation | $4.6B |
| Deferred Income Tax | -$1.6B |
| Other Non-Cash Items | $35M |
| Change in Working Capital | -$741M |
| OPERATING CASH FLOW | $19.4B |
| Capital Expenditure | -$8.2B |
| Acquisitions (Net) | -$57M |
| Purchases of Investments | -$3.3B |
| Sales/Maturities of Investments | $3.2B |
| Other Investing Activities | -$12M |
| NET CASH FROM INVESTING | -$8.3B |
| Net Debt Issuance | -$299M |
| Common Stock Repurchased | -$6.3B |
| Common Dividends Paid | -$1.3B |
| Other Financing Activities | -$3.3B |
| NET CASH FROM FINANCING | -$11.2B |
| FREE CASH FLOW | $11.2B |
| Net Change in Cash | -$258M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32.0B |
| Short-Term Investments | $26.0B |
| Net Receivables | $14.5B |
| Inventory | $0 |
| Other Current Assets | $3.8B |
| TOTAL CURRENT ASSETS | $76.4B |
| PP&E (Net) | $117.0B |
| Goodwill | $20.7B |
| Intangible Assets | $984M |
| Long-Term Investments | $6.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $8.9B |
| TOTAL NON-CURRENT ASSETS | $153.8B |
| TOTAL ASSETS | $230.2B |
| Account Payables | $3.2B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.9B |
| TOTAL CURRENT LIABILITIES | $27.0B |
| Long-Term Debt | $18.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $10.4B |
| TOTAL NON-CURRENT LIABILITIES | $46.5B |
| TOTAL LIABILITIES | $73.5B |
| Common Stock | $0 |
| Additional Paid-In Capital | $78.3B |
| Retained Earnings | $81.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $156.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $156.8B |
| TOTAL LIABILITIES & EQUITY | $230.2B |
| Total Debt | $38.0B |
| Net Debt | $5.9B |
