| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $62.0B | $56.5B | $52.7B | 9.7% | 17.6% |
| Op. Income | $27.0B | $26.9B | $20.4B | 0.5% | 32.5% |
| Gross Margin | 68.4% | 71.2% | 66.8% | -2.8pp | 1.5pp |
| Net Margin | 35.3% | 39.4% | 31.1% | -4.2pp | 4.1pp |
| EPS (Diluted) | $2.93 | $2.99 | $2.20 | -2.0% | 33.2% |
| Free Cash Flow | $9.1B | $20.7B | $4.9B | -55.9% | 86.1% |
| Item | Amount |
|---|---|
| REVENUE | $62.0B |
| Cost of Revenue | $19.6B |
| GROSS PROFIT | $42.4B |
| R&D Expenses | $7.1B |
| Selling & Marketing | $6.2B |
| General & Administrative | $2.0B |
| SG&A Expenses | $8.2B |
| Other Expenses | $0 |
| Operating Expenses | $15.4B |
| Cost & Expenses | $35.0B |
| OPERATING INCOME | $27.0B |
| Interest Income | $734M |
| Interest Expense | $909M |
| Other Income/Expenses | -$506M |
| INCOME BEFORE TAX | $26.5B |
| Income Tax Expense | $4.7B |
| Net Income from Continuing Ops | $21.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21.9B |
| D&A | $6.0B |
| EBIT | $27.4B |
| EBITDA | $33.4B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $62.0B |
| Cost of Revenue | $19.6B |
| GROSS PROFIT | $42.4B |
| R&D Expenses | $7.1B |
| Selling & Marketing | $6.2B |
| General & Administrative | $2.0B |
| SG&A Expenses | $8.2B |
| Other Expenses | $0 |
| Operating Expenses | $15.4B |
| Cost & Expenses | $35.0B |
| OPERATING INCOME | $27.0B |
| Interest Income | $734M |
| Interest Expense | $909M |
| Other Income/Expenses | -$506M |
| INCOME BEFORE TAX | $26.5B |
| Income Tax Expense | $4.7B |
| Net Income from Continuing Ops | $21.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21.9B |
| D&A | $6.0B |
| EBIT | $27.4B |
| EBITDA | $33.4B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $21.9B |
| Depreciation & Amortization | $6.0B |
| Stock-Based Compensation | $2.8B |
| Deferred Income Tax | -$1.7B |
| Other Non-Cash Items | $198M |
| Change in Working Capital | -$10.3B |
| OPERATING CASH FLOW | $18.9B |
| Capital Expenditure | -$9.7B |
| Acquisitions (Net) | -$65.0B |
| Purchases of Investments | -$4.3B |
| Sales/Maturities of Investments | $5.8B |
| Other Investing Activities | $1.3B |
| NET CASH FROM INVESTING | -$71.9B |
| Net Debt Issuance | -$633M |
| Common Stock Repurchased | -$4.0B |
| Common Dividends Paid | -$5.6B |
| Other Financing Activities | -$201M |
| NET CASH FROM FINANCING | -$10.1B |
| FREE CASH FLOW | $9.1B |
| Net Change in Cash | -$63.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17.3B |
| Short-Term Investments | $63.7B |
| Net Receivables | $42.8B |
| Inventory | $1.6B |
| Other Current Assets | $22.0B |
| TOTAL CURRENT ASSETS | $147.4B |
| PP&E (Net) | $128.7B |
| Goodwill | $118.9B |
| Intangible Assets | $29.9B |
| Long-Term Investments | $13.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $32.3B |
| TOTAL NON-CURRENT ASSETS | $323.2B |
| TOTAL ASSETS | $470.6B |
| Account Payables | $17.7B |
| Short-Term Debt | $29.3B |
| Deferred Revenue | $43.1B |
| Other Current Liabilities | $20.7B |
| TOTAL CURRENT LIABILITIES | $121.0B |
| Long-Term Debt | $44.9B |
| Deferred Revenue NC | $3.0B |
| Deferred Tax Liabilities | $2.5B |
| Other Non-Current Liabilities | $28.2B |
| TOTAL NON-CURRENT LIABILITIES | $111.3B |
| TOTAL LIABILITIES | $232.3B |
| Common Stock | $97.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $145.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4.9B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $238.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $238.3B |
| TOTAL LIABILITIES & EQUITY | $470.6B |
| Total Debt | $111.4B |
| Net Debt | $94.1B |
