| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18.1B | $13.5B | $5.9B | 34.2% | 205.5% |
| Op. Income | $10.4B | $6.8B | $601M | 53.2% | 1633.3% |
| Gross Margin | 74.0% | 70.1% | 53.6% | 3.9pp | 20.4pp |
| Net Margin | 51.0% | 45.8% | 11.5% | 5.2pp | 39.5pp |
| EPS (Diluted) | $0.37 | $0.25 | $0.03 | 48.0% | 1270.4% |
| Free Cash Flow | $7.1B | $6.1B | -$138M | 16.4% | 5211.6% |
| Item | Amount |
|---|---|
| REVENUE | $18.1B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $13.4B |
| R&D Expenses | $2.3B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $689M |
| Other Expenses | $0 |
| Operating Expenses | $3.0B |
| Cost & Expenses | $7.7B |
| OPERATING INCOME | $10.4B |
| Interest Income | $234M |
| Interest Expense | $63M |
| Other Income/Expenses | $105M |
| INCOME BEFORE TAX | $10.5B |
| Income Tax Expense | $1.3B |
| Net Income from Continuing Ops | $9.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9.2B |
| D&A | $372M |
| EBIT | $10.6B |
| EBITDA | $11.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $18.1B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $13.4B |
| R&D Expenses | $2.3B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $689M |
| Other Expenses | $0 |
| Operating Expenses | $3.0B |
| Cost & Expenses | $7.7B |
| OPERATING INCOME | $10.4B |
| Interest Income | $234M |
| Interest Expense | $63M |
| Other Income/Expenses | $105M |
| INCOME BEFORE TAX | $10.5B |
| Income Tax Expense | $1.3B |
| Net Income from Continuing Ops | $9.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9.2B |
| D&A | $372M |
| EBIT | $10.6B |
| EBITDA | $11.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9.2B |
| Depreciation & Amortization | $372M |
| Stock-Based Compensation | $979M |
| Deferred Income Tax | -$530M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$2.7B |
| OPERATING CASH FLOW | $7.3B |
| Capital Expenditure | -$278M |
| Acquisitions (Net) | $456M |
| Purchases of Investments | -$6.2B |
| Sales/Maturities of Investments | $2.9B |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$3.2B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3.8B |
| Common Dividends Paid | -$97M |
| Other Financing Activities | -$621M |
| NET CASH FROM FINANCING | -$4.5B |
| FREE CASH FLOW | $7.1B |
| Net Change in Cash | -$363M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.5B |
| Short-Term Investments | $12.8B |
| Net Receivables | $8.3B |
| Inventory | $4.8B |
| Other Current Assets | $1.3B |
| TOTAL CURRENT ASSETS | $32.7B |
| PP&E (Net) | $5.2B |
| Goodwill | $4.4B |
| Intangible Assets | $1.3B |
| Long-Term Investments | $1.2B |
| Tax Assets | $6.0B |
| Other Non-Current Assets | $3.5B |
| TOTAL NON-CURRENT ASSETS | $21.5B |
| TOTAL ASSETS | $54.1B |
| Account Payables | $2.4B |
| Short-Term Debt | $1.2B |
| Deferred Revenue | $513M |
| Other Current Liabilities | $475M |
| TOTAL CURRENT LIABILITIES | $9.1B |
| Long-Term Debt | $8.5B |
| Deferred Revenue NC | $425M |
| Deferred Tax Liabilities | $424M |
| Other Non-Current Liabilities | $1.4B |
| TOTAL NON-CURRENT LIABILITIES | $11.8B |
| TOTAL LIABILITIES | $20.9B |
| Common Stock | $2M |
| Additional Paid-In Capital | $13.0B |
| Retained Earnings | $20.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$88M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $33.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $33.3B |
| TOTAL LIABILITIES & EQUITY | $54.1B |
| Total Debt | $11.0B |
| Net Debt | $5.5B |
