| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.3B | $4.9B | $4.9B | 8.8% | 7.1% |
| Op. Income | $659M | $591M | $558M | 11.5% | 18.2% |
| Gross Margin | 28.3% | 28.1% | 27.7% | 0.1pp | 0.6pp |
| Net Margin | 10.0% | 10.0% | 9.0% | -0.1pp | 0.9pp |
| EPS (Diluted) | $1.59 | $1.46 | $1.32 | 8.9% | 20.5% |
| Free Cash Flow | $395M | $233M | $507M | 69.6% | -22.2% |
| Item | Amount |
|---|---|
| REVENUE | $5.3B |
| Cost of Revenue | $3.8B |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $836M |
| Other Expenses | $0 |
| Operating Expenses | $836M |
| Cost & Expenses | $4.6B |
| OPERATING INCOME | $659M |
| Interest Income | $60M |
| Interest Expense | $17M |
| Other Income/Expenses | $43M |
| INCOME BEFORE TAX | $703M |
| Income Tax Expense | $175M |
| Net Income from Continuing Ops | $527M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $527M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $527M |
| D&A | $109M |
| EBIT | $720M |
| EBITDA | $828M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $5.3B |
| Cost of Revenue | $3.8B |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $836M |
| Other Expenses | $0 |
| Operating Expenses | $836M |
| Cost & Expenses | $4.6B |
| OPERATING INCOME | $659M |
| Interest Income | $60M |
| Interest Expense | $17M |
| Other Income/Expenses | $43M |
| INCOME BEFORE TAX | $703M |
| Income Tax Expense | $175M |
| Net Income from Continuing Ops | $527M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $527M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $527M |
| D&A | $109M |
| EBIT | $720M |
| EBITDA | $828M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $527M |
| Depreciation & Amortization | $109M |
| Stock-Based Compensation | $38M |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$70M |
| OPERATING CASH FLOW | $592M |
| Capital Expenditure | -$197M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$197M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$264M |
| Common Dividends Paid | -$122M |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | -$380M |
| FREE CASH FLOW | $395M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.7B |
| Short-Term Investments | $0 |
| Net Receivables | $182M |
| Inventory | $2.5B |
| Other Current Assets | $254M |
| TOTAL CURRENT ASSETS | $7.6B |
| PP&E (Net) | $6.8B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $265M |
| TOTAL NON-CURRENT ASSETS | $7.1B |
| TOTAL ASSETS | $14.7B |
| Account Payables | $2.2B |
| Short-Term Debt | $949M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4.9B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $195M |
| Other Non-Current Liabilities | $254M |
| TOTAL NON-CURRENT LIABILITIES | $4.7B |
| TOTAL LIABILITIES | $9.5B |
| Common Stock | $3M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $3.8B |
| Treasury Stock | -$705M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.1B |
| TOTAL LIABILITIES & EQUITY | $14.7B |
| Total Debt | $5.9B |
| Net Debt | $1.2B |
