| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14.5B | $14.2B | $10.1B | 2.4% | 44.3% |
| Op. Income | $3.5B | $4.8B | $2.4B | -25.4% | 45.8% |
| Gross Margin | 60.0% | 65.3% | 61.0% | -5.2pp | -1.0pp |
| Net Margin | 25.1% | 33.0% | 22.6% | -7.8pp | 2.6pp |
| EPS (Diluted) | $2.47 | $3.16 | $1.55 | -21.7% | 59.6% |
| Free Cash Flow | $4.0B | $6.4B | $4.8B | -37.2% | -15.4% |
| Item | Amount |
|---|---|
| REVENUE | $14.5B |
| Cost of Revenue | $5.8B |
| GROSS PROFIT | $8.7B |
| R&D Expenses | $448M |
| Selling & Marketing | $4.5B |
| General & Administrative | $264M |
| SG&A Expenses | $4.7B |
| Other Expenses | $0 |
| Operating Expenses | $5.2B |
| Cost & Expenses | $11.0B |
| OPERATING INCOME | $3.5B |
| Interest Income | $791M |
| Interest Expense | $0 |
| Other Income/Expenses | $714M |
| INCOME BEFORE TAX | $4.3B |
| Income Tax Expense | $614M |
| Net Income from Continuing Ops | $3.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.7B |
| D&A | $29M |
| EBIT | $3.5B |
| EBITDA | $3.6B |
| EPS | $3 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $14.5B |
| Cost of Revenue | $5.8B |
| GROSS PROFIT | $8.7B |
| R&D Expenses | $448M |
| Selling & Marketing | $4.5B |
| General & Administrative | $264M |
| SG&A Expenses | $4.7B |
| Other Expenses | $0 |
| Operating Expenses | $5.2B |
| Cost & Expenses | $11.0B |
| OPERATING INCOME | $3.5B |
| Interest Income | $791M |
| Interest Expense | $0 |
| Other Income/Expenses | $714M |
| INCOME BEFORE TAX | $4.3B |
| Income Tax Expense | $614M |
| Net Income from Continuing Ops | $3.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.7B |
| D&A | $29M |
| EBIT | $3.5B |
| EBITDA | $3.6B |
| EPS | $3 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $3.7B |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $362M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $4.0B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2.5B |
| NET CASH FROM INVESTING | -$2.5B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $19.3K |
| NET CASH FROM FINANCING | $19.3K |
| FREE CASH FLOW | $4.0B |
| Net Change in Cash | $1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.5B |
| Short-Term Investments | $35.5B |
| Net Receivables | $2.0B |
| Inventory | $0 |
| Other Current Assets | $9.4B |
| TOTAL CURRENT ASSETS | $56.5B |
| PP&E (Net) | $832M |
| Goodwill | $0 |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $40M |
| Other Non-Current Assets | $10.8B |
| TOTAL NON-CURRENT ASSETS | $11.7B |
| TOTAL ASSETS | $68.2B |
| Account Payables | $12.1B |
| Short-Term Debt | $0 |
| Deferred Revenue | $431M |
| Other Current Liabilities | $2.4B |
| TOTAL CURRENT LIABILITIES | $26.3B |
| Long-Term Debt | $756M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $10M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $27.5B |
| Common Stock | $26.2K |
| Additional Paid-In Capital | $16.9B |
| Retained Earnings | $23.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $434M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $40.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $40.7B |
| TOTAL LIABILITIES & EQUITY | $68.2B |
| Total Debt | $1.5B |
| Net Debt | -$8.0B |
