| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.7B | $9.4B | — | 3.1% | — |
| Op. Income | $1.4B | $920M | — | 55.3% | — |
| Gross Margin | 72.6% | 71.7% | — | 0.9pp | — |
| Net Margin | 10.7% | -10.3% | — | 21.0pp | — |
| EPS (Diluted) | $0.89 | $-0.82 | — | 208.6% | — |
| Free Cash Flow | $1.6B | $3.1B | — | -49.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $9.7B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $7.0B |
| R&D Expenses | $1.9B |
| Selling & Marketing | $2.6B |
| General & Administrative | $393M |
| SG&A Expenses | $3.0B |
| Other Expenses | $745M |
| Operating Expenses | $5.6B |
| Cost & Expenses | $8.3B |
| OPERATING INCOME | $1.4B |
| Interest Income | $482M |
| Interest Expense | $283M |
| Other Income/Expenses | $193M |
| INCOME BEFORE TAX | $1.6B |
| Income Tax Expense | $548M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.0B |
| D&A | $366M |
| EBIT | $1.9B |
| EBITDA | $2.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $9.7B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $7.0B |
| R&D Expenses | $1.9B |
| Selling & Marketing | $2.6B |
| General & Administrative | $393M |
| SG&A Expenses | $3.0B |
| Other Expenses | $745M |
| Operating Expenses | $5.6B |
| Cost & Expenses | $8.3B |
| OPERATING INCOME | $1.4B |
| Interest Income | $482M |
| Interest Expense | $283M |
| Other Income/Expenses | $193M |
| INCOME BEFORE TAX | $1.6B |
| Income Tax Expense | $548M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.0B |
| D&A | $366M |
| EBIT | $1.9B |
| EBITDA | $2.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.0B |
| Depreciation & Amortization | $366M |
| Stock-Based Compensation | $595M |
| Deferred Income Tax | $550M |
| Other Non-Cash Items | -$1.6B |
| Change in Working Capital | $809M |
| OPERATING CASH FLOW | $1.8B |
| Capital Expenditure | -$208M |
| Acquisitions (Net) | $33M |
| Purchases of Investments | -$4.4B |
| Sales/Maturities of Investments | $4.8B |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | $213M |
| Net Debt Issuance | -$83M |
| Common Stock Repurchased | -$635M |
| Common Dividends Paid | -$3.0B |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$3.7B |
| FREE CASH FLOW | $1.6B |
| Net Change in Cash | -$1.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.2B |
| Short-Term Investments | $4.5B |
| Net Receivables | $7.8B |
| Inventory | $0 |
| Other Current Assets | $3.0B |
| TOTAL CURRENT ASSETS | $24.4B |
| PP&E (Net) | $5.0B |
| Goodwill | $34.8B |
| Intangible Assets | $2.8B |
| Long-Term Investments | $7.3B |
| Tax Assets | $3.5B |
| Other Non-Current Assets | $4.5B |
| TOTAL NON-CURRENT ASSETS | $57.9B |
| TOTAL ASSETS | $82.3B |
| Account Payables | $2.2B |
| Short-Term Debt | $2.0B |
| Deferred Revenue | $9.0B |
| Other Current Liabilities | $8.0B |
| TOTAL CURRENT LIABILITIES | $21.8B |
| Long-Term Debt | $6.3B |
| Deferred Revenue NC | $64M |
| Deferred Tax Liabilities | $312M |
| Other Non-Current Liabilities | $3.2B |
| TOTAL NON-CURRENT LIABILITIES | $11.4B |
| TOTAL LIABILITIES | $33.2B |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $2.6B |
| Retained Earnings | $46.7B |
| Treasury Stock | -$6.2B |
| Accum. Other Comp. Income | $4.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $48.7B |
| Minority Interest | $338M |
| TOTAL EQUITY | $49.0B |
| TOTAL LIABILITIES & EQUITY | $82.3B |
| Total Debt | $10.2B |
| Net Debt | $1.0B |
