| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.9B | $12.5B | $12.3B | 3.9% | 5.4% |
| Op. Income | $3.6B | $3.3B | $3.1B | 9.9% | 17.9% |
| Gross Margin | 71.1% | 71.0% | 72.6% | 0.1pp | -1.5pp |
| Net Margin | 19.3% | 19.4% | 14.2% | -0.1pp | 5.2pp |
| EPS (Diluted) | $0.89 | $0.86 | $0.63 | 3.5% | 41.3% |
| Free Cash Flow | -$937M | $5.7B | -$1.6B | -116.6% | 40.9% |
| Item | Amount |
|---|---|
| REVENUE | $12.9B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $9.2B |
| R&D Expenses | $2.2B |
| Selling & Marketing | $2.1B |
| General & Administrative | $375M |
| SG&A Expenses | $2.5B |
| Other Expenses | $885M |
| Operating Expenses | $5.6B |
| Cost & Expenses | $9.3B |
| OPERATING INCOME | $3.6B |
| Interest Income | $133M |
| Interest Expense | $888M |
| Other Income/Expenses | -$902M |
| INCOME BEFORE TAX | $2.7B |
| Income Tax Expense | $217M |
| Net Income from Continuing Ops | $2.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.5B |
| D&A | $1.6B |
| EBIT | $3.6B |
| EBITDA | $5.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $12.9B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $9.2B |
| R&D Expenses | $2.2B |
| Selling & Marketing | $2.1B |
| General & Administrative | $375M |
| SG&A Expenses | $2.5B |
| Other Expenses | $885M |
| Operating Expenses | $5.6B |
| Cost & Expenses | $9.3B |
| OPERATING INCOME | $3.6B |
| Interest Income | $133M |
| Interest Expense | $888M |
| Other Income/Expenses | -$902M |
| INCOME BEFORE TAX | $2.7B |
| Income Tax Expense | $217M |
| Net Income from Continuing Ops | $2.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.5B |
| D&A | $1.6B |
| EBIT | $3.6B |
| EBITDA | $5.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.5B |
| Depreciation & Amortization | $1.6B |
| Stock-Based Compensation | $1.0B |
| Deferred Income Tax | -$532M |
| Other Non-Cash Items | $162M |
| Change in Working Capital | -$4.6B |
| OPERATING CASH FLOW | $143M |
| Capital Expenditure | -$1.1B |
| Acquisitions (Net) | -$59M |
| Purchases of Investments | -$182M |
| Sales/Maturities of Investments | $72M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1.2B |
| Net Debt Issuance | -$189M |
| Common Stock Repurchased | -$1.1B |
| Common Dividends Paid | -$1.1B |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$2.3B |
| FREE CASH FLOW | -$937M |
| Net Change in Cash | -$3.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.2B |
| Short-Term Investments | $446M |
| Net Receivables | $6.8B |
| Inventory | $0 |
| Other Current Assets | $3.8B |
| TOTAL CURRENT ASSETS | $19.3B |
| PP&E (Net) | $18.0B |
| Goodwill | $62.2B |
| Intangible Assets | $8.4B |
| Long-Term Investments | $0 |
| Tax Assets | $12.8B |
| Other Non-Current Assets | $13.7B |
| TOTAL NON-CURRENT ASSETS | $115.0B |
| TOTAL ASSETS | $134.3B |
| Account Payables | $1.1B |
| Short-Term Debt | $6.3B |
| Deferred Revenue | $8.9B |
| Other Current Liabilities | $6.4B |
| TOTAL CURRENT LIABILITIES | $24.4B |
| Long-Term Debt | $82.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5.2B |
| Other Non-Current Liabilities | $17.8B |
| TOTAL NON-CURRENT LIABILITIES | $105.5B |
| TOTAL LIABILITIES | $129.9B |
| Common Stock | $30.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$25.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.9B |
| Minority Interest | $512M |
| TOTAL EQUITY | $4.4B |
| TOTAL LIABILITIES & EQUITY | $134.3B |
| Total Debt | $88.8B |
| Net Debt | $80.5B |
