| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.7B | — | $12.1B | — | 5.6% |
| Op. Income | $347M | — | $234M | — | 48.3% |
| Gross Margin | 96.2% | — | 2.8% | — | 93.5pp |
| Net Margin | 1.7% | — | 1.7% | — | 0.0pp |
| EPS (Diluted) | $0.22 | — | $0.20 | — | 10.0% |
| Free Cash Flow | $534M | — | -$52M | — | 1126.9% |
| Item | Amount |
|---|---|
| REVENUE | $12.7B |
| Cost of Revenue | $483M |
| GROSS PROFIT | $12.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $98M |
| SG&A Expenses | $98M |
| Other Expenses | $11.8B |
| Operating Expenses | $11.9B |
| Cost & Expenses | $12.4B |
| OPERATING INCOME | $347M |
| Interest Income | $23M |
| Interest Expense | $113M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $357M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $312M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $220M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $157M |
| D&A | $258M |
| EBIT | $470M |
| EBITDA | $728M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $12.7B |
| Cost of Revenue | $483M |
| GROSS PROFIT | $12.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $98M |
| SG&A Expenses | $98M |
| Other Expenses | $11.8B |
| Operating Expenses | $11.9B |
| Cost & Expenses | $12.4B |
| OPERATING INCOME | $347M |
| Interest Income | $23M |
| Interest Expense | $113M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $357M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $312M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $220M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $157M |
| D&A | $258M |
| EBIT | $470M |
| EBITDA | $728M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $220M |
| Depreciation & Amortization | $258M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $25M |
| Other Non-Cash Items | $135M |
| Change in Working Capital | $44M |
| OPERATING CASH FLOW | $691M |
| Capital Expenditure | -$157M |
| Acquisitions (Net) | -$63M |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$601M |
| NET CASH FROM INVESTING | -$822M |
| Net Debt Issuance | $629M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$223M |
| Other Financing Activities | -$128M |
| NET CASH FROM FINANCING | $215M |
| FREE CASH FLOW | $534M |
| Net Change in Cash | $87M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $640M |
| Short-Term Investments | $0 |
| Net Receivables | $4.0B |
| Inventory | $436M |
| Other Current Assets | $141M |
| TOTAL CURRENT ASSETS | $5.2B |
| PP&E (Net) | $15.9B |
| Goodwill | $0 |
| Intangible Assets | $1.7B |
| Long-Term Investments | $2.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $22.0B |
| TOTAL ASSETS | $27.2B |
| Account Payables | $3.7B |
| Short-Term Debt | $765M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $696M |
| TOTAL CURRENT LIABILITIES | $5.1B |
| Long-Term Debt | $7.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.0B |
| TOTAL NON-CURRENT LIABILITIES | $8.5B |
| TOTAL LIABILITIES | $13.6B |
| Common Stock | $7.9B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.2B |
| Minority Interest | $3.3B |
| TOTAL EQUITY | $13.5B |
| TOTAL LIABILITIES & EQUITY | $27.2B |
| Total Debt | $8.2B |
| Net Debt | $7.6B |
