| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18.1B | $17.2B | $15.3B | 5.2% | 18.1% |
| Op. Income | $1.9B | $2.9B | $436M | -36.7% | 326.9% |
| Gross Margin | 23.3% | 29.2% | 13.2% | -5.9pp | 10.1pp |
| Net Margin | 8.0% | 13.5% | 2.3% | -5.5pp | 5.8pp |
| EPS (Diluted) | $2.48 | $3.94 | $0.57 | -37.1% | 335.1% |
| Free Cash Flow | $3.2B | $4.2B | $2.2B | -23.6% | 42.4% |
| Item | Amount |
|---|---|
| REVENUE | $18.1B |
| Cost of Revenue | $13.9B |
| GROSS PROFIT | $4.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $2.4B |
| Operating Expenses | $2.4B |
| Cost & Expenses | $16.3B |
| OPERATING INCOME | $1.9B |
| Interest Income | $0 |
| Interest Expense | $69M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.9B |
| Income Tax Expense | $401M |
| Net Income from Continuing Ops | $1.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.5B |
| D&A | $68M |
| EBIT | $1.9B |
| EBITDA | $2.0B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $18.1B |
| Cost of Revenue | $13.9B |
| GROSS PROFIT | $4.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $2.4B |
| Operating Expenses | $2.4B |
| Cost & Expenses | $16.3B |
| OPERATING INCOME | $1.9B |
| Interest Income | $0 |
| Interest Expense | $69M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.9B |
| Income Tax Expense | $401M |
| Net Income from Continuing Ops | $1.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.5B |
| D&A | $68M |
| EBIT | $1.9B |
| EBITDA | $2.0B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $1.5B |
| Depreciation & Amortization | $68M |
| Stock-Based Compensation | $32M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $115M |
| Change in Working Capital | $1.6B |
| OPERATING CASH FLOW | $3.3B |
| Capital Expenditure | -$68M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$11.2B |
| Sales/Maturities of Investments | $7.9B |
| Other Investing Activities | $101M |
| NET CASH FROM INVESTING | -$3.3B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$11M |
| Common Dividends Paid | -$59M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$69M |
| FREE CASH FLOW | $3.2B |
| Net Change in Cash | -$66M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $90M |
| Short-Term Investments | $8.3B |
| Net Receivables | $19.4B |
| Inventory | $0 |
| Other Current Assets | -$12.7B |
| TOTAL CURRENT ASSETS | $15.4B |
| PP&E (Net) | $714M |
| Goodwill | $0 |
| Intangible Assets | $1.9B |
| Long-Term Investments | $72.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$73.3B |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $97.9B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $6.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $67.7B |
| TOTAL NON-CURRENT LIABILITIES | $74.6B |
| TOTAL LIABILITIES | $74.6B |
| Common Stock | $586M |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | $22.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $23.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $23.3B |
| TOTAL LIABILITIES & EQUITY | $97.9B |
| Total Debt | $6.9B |
| Net Debt | $6.8B |
