| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13.3B | $12.9B | $12.4B | 2.6% | 7.1% |
| Op. Income | $3.8B | $3.6B | $3.3B | 3.5% | 15.0% |
| Gross Margin | 70.9% | 71.1% | 72.3% | -0.2pp | -1.4pp |
| Net Margin | 18.1% | 19.3% | 15.3% | -1.3pp | 2.8pp |
| EPS (Diluted) | $0.85 | $0.89 | $0.68 | -4.5% | 25.0% |
| Free Cash Flow | $3.8B | -$937M | $1.6B | 505.7% | 130.8% |
| Item | Amount |
|---|---|
| REVENUE | $13.3B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $9.4B |
| R&D Expenses | $2.2B |
| Selling & Marketing | $2.0B |
| General & Administrative | $377M |
| SG&A Expenses | $2.4B |
| Other Expenses | $994M |
| Operating Expenses | $5.7B |
| Cost & Expenses | $9.5B |
| OPERATING INCOME | $3.8B |
| Interest Income | $111M |
| Interest Expense | $876M |
| Other Income/Expenses | -$885M |
| INCOME BEFORE TAX | $2.9B |
| Income Tax Expense | $464M |
| Net Income from Continuing Ops | $2.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.4B |
| D&A | $1.6B |
| EBIT | $3.7B |
| EBITDA | $5.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $13.3B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $9.4B |
| R&D Expenses | $2.2B |
| Selling & Marketing | $2.0B |
| General & Administrative | $377M |
| SG&A Expenses | $2.4B |
| Other Expenses | $994M |
| Operating Expenses | $5.7B |
| Cost & Expenses | $9.5B |
| OPERATING INCOME | $3.8B |
| Interest Income | $111M |
| Interest Expense | $876M |
| Other Income/Expenses | -$885M |
| INCOME BEFORE TAX | $2.9B |
| Income Tax Expense | $464M |
| Net Income from Continuing Ops | $2.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.4B |
| D&A | $1.6B |
| EBIT | $3.7B |
| EBITDA | $5.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.4B |
| Depreciation & Amortization | $1.6B |
| Stock-Based Compensation | $1.0B |
| Deferred Income Tax | -$706M |
| Other Non-Cash Items | $301M |
| Change in Working Capital | $875M |
| OPERATING CASH FLOW | $5.5B |
| Capital Expenditure | -$1.7B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$159M |
| Sales/Maturities of Investments | $50M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1.8B |
| Net Debt Issuance | -$813M |
| Common Stock Repurchased | -$582M |
| Common Dividends Paid | -$1.1B |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$2.5B |
| FREE CASH FLOW | $3.8B |
| Net Change in Cash | $1.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.5B |
| Short-Term Investments | $423M |
| Net Receivables | $7.3B |
| Inventory | $0 |
| Other Current Assets | $3.9B |
| TOTAL CURRENT ASSETS | $21.1B |
| PP&E (Net) | $19.1B |
| Goodwill | $62.2B |
| Intangible Assets | $7.6B |
| Long-Term Investments | $0 |
| Tax Assets | $12.7B |
| Other Non-Current Assets | $14.4B |
| TOTAL NON-CURRENT ASSETS | $116.0B |
| TOTAL ASSETS | $137.1B |
| Account Payables | $1.7B |
| Short-Term Debt | $5.5B |
| Deferred Revenue | $8.9B |
| Other Current Liabilities | $7.0B |
| TOTAL CURRENT LIABILITIES | $24.9B |
| Long-Term Debt | $82.5B |
| Deferred Revenue NC | $1.3B |
| Deferred Tax Liabilities | $4.5B |
| Other Non-Current Liabilities | $17.8B |
| TOTAL NON-CURRENT LIABILITIES | $106.0B |
| TOTAL LIABILITIES | $130.9B |
| Common Stock | $31.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$24.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.6B |
| Minority Interest | $559M |
| TOTAL EQUITY | $6.2B |
| TOTAL LIABILITIES & EQUITY | $137.1B |
| Total Debt | $88.0B |
| Net Debt | $78.5B |
