| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $61.9B | $62.0B | $52.9B | -0.3% | 17.0% |
| Op. Income | $27.6B | $27.0B | $22.4B | 2.0% | 23.4% |
| Gross Margin | 70.1% | 68.4% | 69.5% | 1.7pp | 0.6pp |
| Net Margin | 35.5% | 35.3% | 34.6% | 0.2pp | 0.8pp |
| EPS (Diluted) | $2.94 | $2.93 | $2.45 | 0.3% | 20.0% |
| Free Cash Flow | $21.0B | $9.1B | $17.8B | 129.9% | 17.6% |
| Item | Amount |
|---|---|
| REVENUE | $61.9B |
| Cost of Revenue | $18.5B |
| GROSS PROFIT | $43.4B |
| R&D Expenses | $7.7B |
| Selling & Marketing | $6.2B |
| General & Administrative | $1.9B |
| SG&A Expenses | $8.1B |
| Other Expenses | $0 |
| Operating Expenses | $15.8B |
| Cost & Expenses | $34.3B |
| OPERATING INCOME | $27.6B |
| Interest Income | $619M |
| Interest Expense | $800M |
| Other Income/Expenses | -$854M |
| INCOME BEFORE TAX | $26.7B |
| Income Tax Expense | $4.8B |
| 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 | $27.5B |
| EBITDA | $33.6B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $61.9B |
| Cost of Revenue | $18.5B |
| GROSS PROFIT | $43.4B |
| R&D Expenses | $7.7B |
| Selling & Marketing | $6.2B |
| General & Administrative | $1.9B |
| SG&A Expenses | $8.1B |
| Other Expenses | $0 |
| Operating Expenses | $15.8B |
| Cost & Expenses | $34.3B |
| OPERATING INCOME | $27.6B |
| Interest Income | $619M |
| Interest Expense | $800M |
| Other Income/Expenses | -$854M |
| INCOME BEFORE TAX | $26.7B |
| Income Tax Expense | $4.8B |
| 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 | $27.5B |
| EBITDA | $33.6B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $21.9B |
| Depreciation & Amortization | $6.0B |
| Stock-Based Compensation | $2.7B |
| Deferred Income Tax | -$1.3B |
| Other Non-Cash Items | $49M |
| Change in Working Capital | $2.5B |
| OPERATING CASH FLOW | $31.9B |
| Capital Expenditure | -$11.0B |
| Acquisitions (Net) | -$1.6B |
| Purchases of Investments | -$2.2B |
| Sales/Maturities of Investments | $5.3B |
| Other Investing Activities | -$1.3B |
| NET CASH FROM INVESTING | -$10.7B |
| Net Debt Issuance | -$9.0B |
| Common Stock Repurchased | -$4.2B |
| Common Dividends Paid | -$5.6B |
| Other Financing Activities | -$498M |
| NET CASH FROM FINANCING | -$18.8B |
| FREE CASH FLOW | $21.0B |
| Net Change in Cash | $2.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19.6B |
| Short-Term Investments | $60.4B |
| Net Receivables | $44.0B |
| Inventory | $1.3B |
| Other Current Assets | $21.8B |
| TOTAL CURRENT ASSETS | $147.2B |
| PP&E (Net) | $138.7B |
| Goodwill | $119.2B |
| Intangible Assets | $28.8B |
| Long-Term Investments | $14.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $35.6B |
| TOTAL NON-CURRENT ASSETS | $337.1B |
| TOTAL ASSETS | $484.3B |
| Account Payables | $18.1B |
| Short-Term Debt | $22.8B |
| Deferred Revenue | $41.9B |
| Other Current Liabilities | $23.2B |
| TOTAL CURRENT LIABILITIES | $118.5B |
| Long-Term Debt | $42.7B |
| Deferred Revenue NC | $2.9B |
| Deferred Tax Liabilities | $2.5B |
| Other Non-Current Liabilities | $29.0B |
| TOTAL NON-CURRENT LIABILITIES | $112.6B |
| TOTAL LIABILITIES | $231.1B |
| Common Stock | $99.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $159.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $253.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $253.2B |
| TOTAL LIABILITIES & EQUITY | $484.3B |
| Total Debt | $106.2B |
| Net Debt | $86.6B |
