| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17.7B | — | $13.5B | — | 31.2% |
| Op. Income | $5.0B | — | -$3.0B | — | 265.3% |
| Gross Margin | 60.8% | — | 21.4% | — | 39.4pp |
| Net Margin | 25.3% | — | -17.7% | — | 43.0pp |
| EPS (Diluted) | $0.78 | — | $-0.42 | — | 284.9% |
| Free Cash Flow | $6.1B | — | $2.6B | — | 129.1% |
| Item | Amount |
|---|---|
| REVENUE | $17.7B |
| Cost of Revenue | $6.9B |
| GROSS PROFIT | $10.8B |
| R&D Expenses | $2.6B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.2B |
| Other Expenses | $0 |
| Operating Expenses | $5.8B |
| Cost & Expenses | $12.7B |
| OPERATING INCOME | $5.0B |
| Interest Income | $116M |
| Interest Expense | $783M |
| Other Income/Expenses | -$253M |
| INCOME BEFORE TAX | $4.7B |
| Income Tax Expense | $234M |
| Net Income from Continuing Ops | $4.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.5B |
| D&A | $1.8B |
| EBIT | $5.5B |
| EBITDA | $7.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $17.7B |
| Cost of Revenue | $6.9B |
| GROSS PROFIT | $10.8B |
| R&D Expenses | $2.6B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.2B |
| Other Expenses | $0 |
| Operating Expenses | $5.8B |
| Cost & Expenses | $12.7B |
| OPERATING INCOME | $5.0B |
| Interest Income | $116M |
| Interest Expense | $783M |
| Other Income/Expenses | -$253M |
| INCOME BEFORE TAX | $4.7B |
| Income Tax Expense | $234M |
| Net Income from Continuing Ops | $4.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.5B |
| D&A | $1.8B |
| EBIT | $5.5B |
| EBITDA | $7.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $4.5B |
| Depreciation & Amortization | $1.8B |
| Stock-Based Compensation | $274M |
| Deferred Income Tax | -$482M |
| Other Non-Cash Items | -$193M |
| Change in Working Capital | $879M |
| OPERATING CASH FLOW | $6.7B |
| Capital Expenditure | -$651M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.7B |
| Sales/Maturities of Investments | $1.3B |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$2.1B |
| Net Debt Issuance | -$2.3B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2.4B |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$4.6B |
| FREE CASH FLOW | $6.1B |
| Net Change in Cash | $40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $8.9B |
| Net Receivables | $17.7B |
| Inventory | $11.7B |
| Other Current Assets | $3.9B |
| TOTAL CURRENT ASSETS | $43.2B |
| PP&E (Net) | $18.5B |
| Goodwill | $68.6B |
| Intangible Assets | $60.0B |
| Long-Term Investments | $10.8B |
| Tax Assets | $7.9B |
| Other Non-Current Assets | $10.5B |
| TOTAL NON-CURRENT ASSETS | $176.3B |
| TOTAL ASSETS | $219.5B |
| Account Payables | $5.3B |
| Short-Term Debt | $9.7B |
| Deferred Revenue | $2.0B |
| Other Current Liabilities | $23.3B |
| TOTAL CURRENT LIABILITIES | $43.2B |
| Long-Term Debt | $56.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.2B |
| Other Non-Current Liabilities | $24.6B |
| TOTAL NON-CURRENT LIABILITIES | $83.7B |
| TOTAL LIABILITIES | $126.9B |
| Common Stock | $480M |
| Additional Paid-In Capital | $93.5B |
| Retained Earnings | $121.1B |
| Treasury Stock | -$114.8B |
| Accum. Other Comp. Income | -$8.0B |
| Other Equity | $1M |
| TOTAL STOCKHOLDERS' EQUITY | $92.3B |
| Minority Interest | $272M |
| TOTAL EQUITY | $92.6B |
| TOTAL LIABILITIES & EQUITY | $219.5B |
| Total Debt | $66.6B |
| Net Debt | $65.5B |
