| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | $1.9B | $1.8B | 25.1% | 33.0% |
| Op. Income | $427M | $113M | $64M | 276.5% | 568.7% |
| Gross Margin | 65.4% | 60.9% | 62.6% | 4.5pp | 2.8pp |
| Net Margin | 14.5% | 4.9% | 3.0% | 9.6pp | 11.5pp |
| EPS (Diluted) | $1.32 | $0.35 | $0.19 | 277.1% | 594.7% |
| Free Cash Flow | $475M | $237M | $350M | 100.8% | 35.7% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $809M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.1B |
| Operating Expenses | $1.1B |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $427M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | $300.0K |
| INCOME BEFORE TAX | $427M |
| Income Tax Expense | $88M |
| Net Income from Continuing Ops | $339M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $339M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $339M |
| D&A | $0 |
| EBIT | $448M |
| EBITDA | $448M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $809M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.1B |
| Operating Expenses | $1.1B |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $427M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | $300.0K |
| INCOME BEFORE TAX | $427M |
| Income Tax Expense | $88M |
| Net Income from Continuing Ops | $339M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $339M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $339M |
| D&A | $0 |
| EBIT | $448M |
| EBITDA | $448M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $339M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$162M |
| Change in Working Capital | $298M |
| OPERATING CASH FLOW | $475M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$622M |
| Sales/Maturities of Investments | $737M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $115M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$165M |
| Common Dividends Paid | -$66M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$233M |
| FREE CASH FLOW | $475M |
| Net Change in Cash | $356M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $525M |
| Short-Term Investments | $2.8B |
| Net Receivables | $8.6B |
| Inventory | $0 |
| Other Current Assets | -$13.0B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $16.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$16.5B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $28.8B |
| Account Payables | $0 |
| Short-Term Debt | $2.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$2.5B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $214M |
| Other Non-Current Liabilities | -$214M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $22.4B |
| Common Stock | $254M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $6.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $106M |
| Other Equity | -$50M |
| TOTAL STOCKHOLDERS' EQUITY | $6.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.4B |
| TOTAL LIABILITIES & EQUITY | $28.8B |
| Total Debt | $2.0B |
| Net Debt | $1.5B |
