| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11.2B | $10.7B | $9.2B | 4.8% | 21.4% |
| Op. Income | $5.3B | $4.1B | $4.2B | 30.4% | 25.7% |
| Gross Margin | 84.1% | 84.9% | 83.5% | -0.8pp | 0.7pp |
| Net Margin | 38.3% | 29.5% | 38.3% | 8.8pp | 0.0pp |
| EPS (Diluted) | $0.96 | $0.70 | $0.78 | 36.3% | 22.4% |
| Free Cash Flow | $4.9B | $5.8B | $4.8B | -15.9% | 3.3% |
| Item | Amount |
|---|---|
| REVENUE | $11.2B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $9.4B |
| R&D Expenses | $1.5B |
| Selling & Marketing | $2.4B |
| General & Administrative | $217M |
| SG&A Expenses | $2.6B |
| Other Expenses | $16M |
| Operating Expenses | $4.1B |
| Cost & Expenses | $5.9B |
| OPERATING INCOME | $5.3B |
| Interest Income | $217M |
| Interest Expense | $129M |
| Other Income/Expenses | $88M |
| INCOME BEFORE TAX | $5.4B |
| Income Tax Expense | $1.1B |
| Net Income from Continuing Ops | $4.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.3B |
| D&A | $337M |
| EBIT | $5.5B |
| EBITDA | $5.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $11.2B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $9.4B |
| R&D Expenses | $1.5B |
| Selling & Marketing | $2.4B |
| General & Administrative | $217M |
| SG&A Expenses | $2.6B |
| Other Expenses | $16M |
| Operating Expenses | $4.1B |
| Cost & Expenses | $5.9B |
| OPERATING INCOME | $5.3B |
| Interest Income | $217M |
| Interest Expense | $129M |
| Other Income/Expenses | $88M |
| INCOME BEFORE TAX | $5.4B |
| Income Tax Expense | $1.1B |
| Net Income from Continuing Ops | $4.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.3B |
| D&A | $337M |
| EBIT | $5.5B |
| EBITDA | $5.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $4.3B |
| Depreciation & Amortization | $337M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $1.1B |
| Other Non-Cash Items | $2.9B |
| Change in Working Capital | -$1.8B |
| OPERATING CASH FLOW | $6.9B |
| Capital Expenditure | -$2.0B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.3B |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | -$60M |
| NET CASH FROM INVESTING | -$3.3B |
| Net Debt Issuance | -$65M |
| Common Stock Repurchased | -$377M |
| Common Dividends Paid | -$2.4B |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2.9B |
| FREE CASH FLOW | $4.9B |
| Net Change in Cash | $658M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.9B |
| Short-Term Investments | $2.8B |
| Net Receivables | $10.9B |
| Inventory | $5.9B |
| Other Current Assets | $424M |
| TOTAL CURRENT ASSETS | $30.6B |
| PP&E (Net) | $18.8B |
| Goodwill | $0 |
| Intangible Assets | $8.5B |
| Long-Term Investments | $321M |
| Tax Assets | $3.7B |
| Other Non-Current Assets | $385M |
| TOTAL NON-CURRENT ASSETS | $31.7B |
| TOTAL ASSETS | $62.3B |
| Account Payables | $3.8B |
| Short-Term Debt | $865M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $25.7B |
| TOTAL CURRENT LIABILITIES | $32.6B |
| Long-Term Debt | $8.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.4B |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $10.7B |
| TOTAL LIABILITIES | $43.4B |
| Common Stock | $70M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $19.1B |
| Treasury Stock | -$156.7K |
| Accum. Other Comp. Income | -$250M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $18.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $18.9B |
| TOTAL LIABILITIES & EQUITY | $62.3B |
| Total Debt | $8.9B |
| Net Debt | -$7M |
