| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.1B | $2.6B | $2.3B | 19.9% | 35.5% |
| Op. Income | $1.6B | $1.2B | $901M | 35.1% | 78.5% |
| Gross Margin | 52.6% | 46.9% | 40.5% | 5.7pp | 12.1pp |
| Net Margin | 30.5% | 28.3% | 23.8% | 2.2pp | 6.7pp |
| EPS (Diluted) | $1.21 | $0.95 | $0.71 | 27.4% | 70.4% |
| Free Cash Flow | $630M | $446M | $545M | 41.4% | 15.7% |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $34M |
| Other Expenses | $0 |
| Operating Expenses | $34M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $1.6B |
| Interest Income | $27M |
| Interest Expense | $83M |
| Other Income/Expenses | -$75M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $579M |
| Net Income from Continuing Ops | $954M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $950M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $950M |
| D&A | $210M |
| EBIT | $1.6B |
| EBITDA | $1.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $34M |
| Other Expenses | $0 |
| Operating Expenses | $34M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $1.6B |
| Interest Income | $27M |
| Interest Expense | $83M |
| Other Income/Expenses | -$75M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $579M |
| Net Income from Continuing Ops | $954M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $950M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $950M |
| D&A | $210M |
| EBIT | $1.6B |
| EBITDA | $1.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $950M |
| Depreciation & Amortization | $210M |
| Stock-Based Compensation | $100.0K |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $300.0K |
| Change in Working Capital | -$202M |
| OPERATING CASH FLOW | $962M |
| Capital Expenditure | -$332M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $100.0K |
| Other Investing Activities | $100.0K |
| NET CASH FROM INVESTING | -$332M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $630M |
| Net Change in Cash | $623M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.9B |
| Short-Term Investments | $329M |
| Net Receivables | $1.7B |
| Inventory | $1.0B |
| Other Current Assets | $27M |
| TOTAL CURRENT ASSETS | $5.3B |
| PP&E (Net) | $10.6B |
| Goodwill | $0 |
| Intangible Assets | $127M |
| Long-Term Investments | $115M |
| Tax Assets | $269M |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $12.4B |
| TOTAL ASSETS | $17.8B |
| Account Payables | $647M |
| Short-Term Debt | $500M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $5.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $159M |
| Other Non-Current Liabilities | $735M |
| TOTAL NON-CURRENT LIABILITIES | $7.3B |
| TOTAL LIABILITIES | $9.2B |
| Common Stock | $9M |
| Additional Paid-In Capital | $4.3B |
| Retained Earnings | $7.2B |
| Treasury Stock | -$2.9B |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $100.0K |
| TOTAL STOCKHOLDERS' EQUITY | $8.5B |
| Minority Interest | $68M |
| TOTAL EQUITY | $8.6B |
| TOTAL LIABILITIES & EQUITY | $17.8B |
| Total Debt | $7.0B |
| Net Debt | $5.1B |