| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $40.6B | $39.1B | $34.1B | 3.9% | 18.9% |
| Op. Income | $17.4B | $14.8B | $13.7B | 16.9% | 26.2% |
| Gross Margin | 81.8% | 81.3% | 81.8% | 0.5pp | 0.0pp |
| Net Margin | 38.7% | 34.5% | 33.9% | 4.2pp | 4.7pp |
| EPS (Diluted) | $6.03 | $5.16 | $4.39 | 16.9% | 37.4% |
| Free Cash Flow | $16.5B | $11.2B | $13.9B | 47.1% | 18.8% |
| Item | Amount |
|---|---|
| REVENUE | $40.6B |
| Cost of Revenue | $7.4B |
| GROSS PROFIT | $33.2B |
| R&D Expenses | $11.2B |
| Selling & Marketing | $2.8B |
| General & Administrative | $1.9B |
| SG&A Expenses | $4.7B |
| Other Expenses | $0 |
| Operating Expenses | $15.9B |
| Cost & Expenses | $23.2B |
| OPERATING INCOME | $17.4B |
| Interest Income | $661M |
| Interest Expense | $208M |
| Other Income/Expenses | $472M |
| INCOME BEFORE TAX | $17.8B |
| Income Tax Expense | $2.1B |
| Net Income from Continuing Ops | $15.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15.7B |
| D&A | $4.0B |
| EBIT | $18.0B |
| EBITDA | $22.1B |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| REVENUE | $40.6B |
| Cost of Revenue | $7.4B |
| GROSS PROFIT | $33.2B |
| R&D Expenses | $11.2B |
| Selling & Marketing | $2.8B |
| General & Administrative | $1.9B |
| SG&A Expenses | $4.7B |
| Other Expenses | $0 |
| Operating Expenses | $15.9B |
| Cost & Expenses | $23.2B |
| OPERATING INCOME | $17.4B |
| Interest Income | $661M |
| Interest Expense | $208M |
| Other Income/Expenses | $472M |
| INCOME BEFORE TAX | $17.8B |
| Income Tax Expense | $2.1B |
| Net Income from Continuing Ops | $15.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15.7B |
| D&A | $4.0B |
| EBIT | $18.0B |
| EBITDA | $22.1B |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| Net Income | $15.7B |
| Depreciation & Amortization | $4.0B |
| Stock-Based Compensation | $4.3B |
| Deferred Income Tax | -$1.3B |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $2.1B |
| OPERATING CASH FLOW | $24.7B |
| Capital Expenditure | -$8.3B |
| Acquisitions (Net) | -$132M |
| Purchases of Investments | -$4.5B |
| Sales/Maturities of Investments | $4.1B |
| Other Investing Activities | $124M |
| NET CASH FROM INVESTING | -$8.6B |
| Net Debt Issuance | $9.5B |
| Common Stock Repurchased | -$8.8B |
| Common Dividends Paid | -$1.3B |
| Other Financing Activities | -$3.8B |
| NET CASH FROM FINANCING | -$4.4B |
| FREE CASH FLOW | $16.5B |
| Net Change in Cash | $12.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $43.9B |
| Short-Term Investments | $27.0B |
| Net Receivables | $14.7B |
| Inventory | $0 |
| Other Current Assets | $5.5B |
| TOTAL CURRENT ASSETS | $91.1B |
| PP&E (Net) | $127.0B |
| Goodwill | $20.7B |
| Intangible Assets | $973M |
| Long-Term Investments | $6.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $10.7B |
| TOTAL NON-CURRENT ASSETS | $165.3B |
| TOTAL ASSETS | $256.4B |
| Account Payables | $7.7B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11.2B |
| TOTAL CURRENT LIABILITIES | $33.3B |
| Long-Term Debt | $28.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11.5B |
| TOTAL NON-CURRENT LIABILITIES | $58.5B |
| TOTAL LIABILITIES | $91.9B |
| Common Stock | $0 |
| Additional Paid-In Capital | $80.7B |
| Retained Earnings | $85.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $164.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $164.5B |
| TOTAL LIABILITIES & EQUITY | $256.4B |
| Total Debt | $49.0B |
| Net Debt | $5.2B |
