| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.6B | $1.5B | 2.8% | 5.2% |
| Op. Income | $366M | $304M | $172M | 20.4% | 112.8% |
| Gross Margin | 71.7% | 71.1% | 65.6% | 0.6pp | 6.1pp |
| Net Margin | 19.5% | 14.9% | 4.3% | 4.6pp | 15.2pp |
| EPS (Diluted) | $1.48 | $1.10 | $0.30 | 34.5% | 393.3% |
| Free Cash Flow | $448M | $97M | $319M | 361.9% | 40.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $455M |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $249M |
| Selling & Marketing | $439M |
| General & Administrative | $81M |
| SG&A Expenses | $520M |
| Other Expenses | $16M |
| Operating Expenses | $785M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $366M |
| Interest Income | $27M |
| Interest Expense | $17M |
| Other Income/Expenses | $16M |
| INCOME BEFORE TAX | $382M |
| Income Tax Expense | $69M |
| Net Income from Continuing Ops | $313M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $313M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $313M |
| D&A | $63M |
| EBIT | $399M |
| EBITDA | $462M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $455M |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $249M |
| Selling & Marketing | $439M |
| General & Administrative | $81M |
| SG&A Expenses | $520M |
| Other Expenses | $16M |
| Operating Expenses | $785M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $366M |
| Interest Income | $27M |
| Interest Expense | $17M |
| Other Income/Expenses | $16M |
| INCOME BEFORE TAX | $382M |
| Income Tax Expense | $69M |
| Net Income from Continuing Ops | $313M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $313M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $313M |
| D&A | $63M |
| EBIT | $399M |
| EBITDA | $462M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $313M |
| Depreciation & Amortization | $63M |
| Stock-Based Compensation | $89M |
| Deferred Income Tax | $11M |
| Other Non-Cash Items | $42M |
| Change in Working Capital | -$34M |
| OPERATING CASH FLOW | $484M |
| Capital Expenditure | -$36M |
| Acquisitions (Net) | $401M |
| Purchases of Investments | -$803M |
| Sales/Maturities of Investments | $402M |
| Other Investing Activities | -$401M |
| NET CASH FROM INVESTING | -$437M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | -$103M |
| Other Financing Activities | $25M |
| NET CASH FROM FINANCING | -$178M |
| FREE CASH FLOW | $448M |
| Net Change in Cash | -$115M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $1.1B |
| Net Receivables | $787M |
| Inventory | $131M |
| Other Current Assets | $492M |
| TOTAL CURRENT ASSETS | $4.3B |
| PP&E (Net) | $859M |
| Goodwill | $2.8B |
| Intangible Assets | $138M |
| Long-Term Investments | $0 |
| Tax Assets | $949M |
| Other Non-Current Assets | $337M |
| TOTAL NON-CURRENT ASSETS | $5.0B |
| TOTAL ASSETS | $9.4B |
| Account Payables | $396M |
| Short-Term Debt | $400M |
| Deferred Revenue | $2.1B |
| Other Current Liabilities | $836M |
| TOTAL CURRENT LIABILITIES | $3.8B |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $2.0B |
| Deferred Tax Liabilities | $152M |
| Other Non-Current Liabilities | $208M |
| TOTAL NON-CURRENT LIABILITIES | $4.6B |
| TOTAL LIABILITIES | $8.4B |
| Common Stock | $934M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $115M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$55M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $994M |
| Minority Interest | $0 |
| TOTAL EQUITY | $994M |
| TOTAL LIABILITIES & EQUITY | $9.4B |
| Total Debt | $2.7B |
| Net Debt | $836M |
