| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24.2B | $24.1B | $19.5B | 0.2% | 24.2% |
| Op. Income | $3.6B | $3.2B | $3.2B | 13.3% | 10.8% |
| Gross Margin | 39.4% | 39.2% | 44.4% | 0.3pp | -5.0pp |
| Net Margin | 11.9% | 10.8% | 13.8% | 1.1pp | -1.9pp |
| EPS (Diluted) | $2.00 | $1.83 | $1.89 | 9.6% | 6.2% |
| Free Cash Flow | -$11.7B | -$1.6B | $7.0B | -653.6% | -266.8% |
| Item | Amount |
|---|---|
| REVENUE | $24.2B |
| Cost of Revenue | $14.7B |
| GROSS PROFIT | $9.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3.7B |
| SG&A Expenses | $3.7B |
| Other Expenses | $2.2B |
| Operating Expenses | $5.9B |
| Cost & Expenses | $20.6B |
| OPERATING INCOME | $3.6B |
| Interest Income | $18.8B |
| Interest Expense | $14.0B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3.6B |
| Income Tax Expense | $713M |
| Net Income from Continuing Ops | $2.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.8B |
| D&A | $528M |
| EBIT | $3.6B |
| EBITDA | $4.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $24.2B |
| Cost of Revenue | $14.7B |
| GROSS PROFIT | $9.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3.7B |
| SG&A Expenses | $3.7B |
| Other Expenses | $2.2B |
| Operating Expenses | $5.9B |
| Cost & Expenses | $20.6B |
| OPERATING INCOME | $3.6B |
| Interest Income | $18.8B |
| Interest Expense | $14.0B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3.6B |
| Income Tax Expense | $713M |
| Net Income from Continuing Ops | $2.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.8B |
| D&A | $528M |
| EBIT | $3.6B |
| EBITDA | $4.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $2.9B |
| Depreciation & Amortization | $528M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$180M |
| Other Non-Cash Items | $615M |
| Change in Working Capital | -$15.3B |
| OPERATING CASH FLOW | -$11.4B |
| Capital Expenditure | -$300M |
| Acquisitions (Net) | -$9.3B |
| Purchases of Investments | -$34.2B |
| Sales/Maturities of Investments | $31.5B |
| Other Investing Activities | $16.5B |
| NET CASH FROM INVESTING | $4.2B |
| Net Debt Issuance | -$1.8B |
| Common Stock Repurchased | -$1.1B |
| Common Dividends Paid | -$922M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$1.7B |
| FREE CASH FLOW | -$11.7B |
| Net Change in Cash | -$9.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $73.0B |
| Short-Term Investments | $166.6B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $239.6B |
| PP&E (Net) | $5.0B |
| Goodwill | $13.9B |
| Intangible Assets | $5.9B |
| Long-Term Investments | $873.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $350.1B |
| TOTAL NON-CURRENT ASSETS | $1.2T |
| TOTAL ASSETS | $1.5T |
| Account Payables | $0 |
| Short-Term Debt | $302.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $669.4B |
| TOTAL CURRENT LIABILITIES | $971.4B |
| Long-Term Debt | $236.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $187.9B |
| TOTAL NON-CURRENT LIABILITIES | $424.0B |
| TOTAL LIABILITIES | $1.4T |
| Common Stock | $15.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $61.2B |
| Treasury Stock | -$38M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $5.4B |
| TOTAL STOCKHOLDERS' EQUITY | $88.8B |
| Minority Interest | $73M |
| TOTAL EQUITY | $88.9B |
| TOTAL LIABILITIES & EQUITY | $1.5T |
| Total Debt | $538.0B |
| Net Debt | $465.1B |
