| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.4B | $3.3B | $3.3B | 2.2% | 1.6% |
| Op. Income | $855M | $664M | $1.2B | 28.8% | -26.2% |
| Gross Margin | 63.8% | 61.7% | 73.9% | 2.1pp | -10.1pp |
| Net Margin | 19.4% | 16.1% | 26.1% | 3.3pp | -6.7pp |
| EPS (Diluted) | $3.73 | $3.02 | $5.05 | 23.5% | -26.1% |
| Free Cash Flow | $1.3B | $573M | $1.2B | 124.8% | 6.4% |
| Item | Amount |
|---|---|
| REVENUE | $3.4B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $27M |
| General & Administrative | $801M |
| SG&A Expenses | $828M |
| Other Expenses | $469M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $855M |
| Interest Income | $2.8B |
| Interest Expense | $1.1B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $855M |
| Income Tax Expense | $200M |
| Net Income from Continuing Ops | $655M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $655M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $626M |
| D&A | $127M |
| EBIT | $855M |
| EBITDA | $982M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $3.4B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $27M |
| General & Administrative | $801M |
| SG&A Expenses | $828M |
| Other Expenses | $469M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $855M |
| Interest Income | $2.8B |
| Interest Expense | $1.1B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $855M |
| Income Tax Expense | $200M |
| Net Income from Continuing Ops | $655M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $655M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $626M |
| D&A | $127M |
| EBIT | $855M |
| EBITDA | $982M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $655M |
| Depreciation & Amortization | $127M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$16M |
| Other Non-Cash Items | $154M |
| Change in Working Capital | $434M |
| OPERATING CASH FLOW | $1.4B |
| Capital Expenditure | -$66M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3.1B |
| Sales/Maturities of Investments | $2.0B |
| Other Investing Activities | $6.8B |
| NET CASH FROM INVESTING | $5.6B |
| Net Debt Issuance | -$144M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$225M |
| Other Financing Activities | -$7.2B |
| NET CASH FROM FINANCING | -$6.9B |
| FREE CASH FLOW | $1.3B |
| Net Change in Cash | $83M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26.6B |
| Short-Term Investments | $9.7B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $36.4B |
| PP&E (Net) | $1.7B |
| Goodwill | $8.5B |
| Intangible Assets | $119M |
| Long-Term Investments | $153.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $9.2B |
| TOTAL NON-CURRENT ASSETS | $172.4B |
| TOTAL ASSETS | $208.9B |
| Account Payables | $0 |
| Short-Term Debt | $4.8B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $159.9B |
| TOTAL CURRENT LIABILITIES | $164.7B |
| Long-Term Debt | $11.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4.4B |
| TOTAL NON-CURRENT LIABILITIES | $15.8B |
| TOTAL LIABILITIES | $180.4B |
| Common Stock | $91M |
| Additional Paid-In Capital | $10.0B |
| Retained Earnings | $18.2B |
| Treasury Stock | -$2.0B |
| Accum. Other Comp. Income | -$551M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $28.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $28.4B |
| TOTAL LIABILITIES & EQUITY | $208.9B |
| Total Debt | $16.1B |
| Net Debt | -$10.5B |
