| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17.5B | $18.1B | — | -3.5% | — |
| Op. Income | $5.8B | $5.8B | — | -0.1% | — |
| Gross Margin | 80.3% | 77.8% | — | 2.5pp | — |
| Net Margin | 21.8% | 20.7% | — | 1.0pp | — |
| EPS (Diluted) | $0.23 | $0.23 | — | 0.0% | — |
| Free Cash Flow | $13.5B | -$18.0B | — | 175.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $17.5B |
| Cost of Revenue | $3.4B |
| GROSS PROFIT | $14.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $145M |
| General & Administrative | $5.9B |
| SG&A Expenses | $6.1B |
| Other Expenses | $2.2B |
| Operating Expenses | $8.3B |
| Cost & Expenses | $11.7B |
| OPERATING INCOME | $5.8B |
| Interest Income | $13.1B |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5.8B |
| Income Tax Expense | $1.6B |
| Net Income from Continuing Ops | $4.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.8B |
| D&A | $952M |
| EBIT | $5.8B |
| EBITDA | $6.7B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $17.5B |
| Cost of Revenue | $3.4B |
| GROSS PROFIT | $14.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $145M |
| General & Administrative | $5.9B |
| SG&A Expenses | $6.1B |
| Other Expenses | $2.2B |
| Operating Expenses | $8.3B |
| Cost & Expenses | $11.7B |
| OPERATING INCOME | $5.8B |
| Interest Income | $13.1B |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5.8B |
| Income Tax Expense | $1.6B |
| Net Income from Continuing Ops | $4.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.8B |
| D&A | $952M |
| EBIT | $5.8B |
| EBITDA | $6.7B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3.8B |
| Depreciation & Amortization | $952M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$24.1B |
| Change in Working Capital | $34.6B |
| OPERATING CASH FLOW | $15.3B |
| Capital Expenditure | -$1.7B |
| Acquisitions (Net) | -$41M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $587M |
| NET CASH FROM INVESTING | -$1.2B |
| Net Debt Issuance | $3.1B |
| Common Stock Repurchased | -$693M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $603M |
| NET CASH FROM FINANCING | $3.0B |
| FREE CASH FLOW | $13.5B |
| Net Change in Cash | $198.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $341.3B |
| Short-Term Investments | $82.8B |
| Net Receivables | $11.1B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $435.2B |
| PP&E (Net) | $37.0B |
| Goodwill | $15.8B |
| Intangible Assets | $6.5B |
| Long-Term Investments | $1.5T |
| Tax Assets | $22.4B |
| Other Non-Current Assets | $117.6B |
| TOTAL NON-CURRENT ASSETS | $1.7T |
| TOTAL ASSETS | $2.1T |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.3T |
| TOTAL CURRENT LIABILITIES | $1.3T |
| Long-Term Debt | $376.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7.2B |
| Other Non-Current Liabilities | $292.6B |
| TOTAL NON-CURRENT LIABILITIES | $676.2B |
| TOTAL LIABILITIES | $2.0T |
| Common Stock | $9.1B |
| Additional Paid-In Capital | $48.6B |
| Retained Earnings | $107.1B |
| Treasury Stock | -$537M |
| Accum. Other Comp. Income | -$52.5B |
| Other Equity | $1.1B |
| TOTAL STOCKHOLDERS' EQUITY | $112.9B |
| Minority Interest | $9.9B |
| TOTAL EQUITY | $122.8B |
| TOTAL LIABILITIES & EQUITY | $2.1T |
| Total Debt | $376.4B |
| Net Debt | $35.1B |
