| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.9B | $3.1B | $2.5B | -6.0% | 17.0% |
| Op. Income | $1.5B | $1.6B | $1.1B | -9.8% | 35.6% |
| Gross Margin | 50.5% | 52.6% | 44.0% | -2.1pp | 6.6pp |
| Net Margin | 30.6% | 30.5% | 24.7% | 0.1pp | 5.9pp |
| EPS (Diluted) | $1.15 | $1.21 | $0.80 | -5.0% | 43.7% |
| Free Cash Flow | $1.2B | $630M | $787M | 89.3% | 51.6% |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $31M |
| Other Expenses | $0 |
| Operating Expenses | $31M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $1.5B |
| Interest Income | $38M |
| Interest Expense | $83M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $526M |
| Net Income from Continuing Ops | $900M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $897M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $897M |
| D&A | $213M |
| EBIT | $1.5B |
| EBITDA | $1.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $31M |
| Other Expenses | $0 |
| Operating Expenses | $31M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $1.5B |
| Interest Income | $38M |
| Interest Expense | $83M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $526M |
| Net Income from Continuing Ops | $900M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $897M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $897M |
| D&A | $213M |
| EBIT | $1.5B |
| EBITDA | $1.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $897M |
| Depreciation & Amortization | $213M |
| Stock-Based Compensation | -$300.0K |
| Deferred Income Tax | -$26M |
| Other Non-Cash Items | $25M |
| Change in Working Capital | $330M |
| OPERATING CASH FLOW | $1.4B |
| Capital Expenditure | -$246M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | -$236M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$469M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$471M |
| FREE CASH FLOW | $1.2B |
| Net Change in Cash | $780M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.7B |
| Short-Term Investments | $319M |
| Net Receivables | $1.6B |
| Inventory | $991M |
| Other Current Assets | $23M |
| TOTAL CURRENT ASSETS | $5.9B |
| PP&E (Net) | $10.7B |
| Goodwill | $0 |
| Intangible Assets | $125M |
| Long-Term Investments | $114M |
| Tax Assets | $274M |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $12.5B |
| TOTAL ASSETS | $18.4B |
| Account Payables | $609M |
| Short-Term Debt | $500M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.1B |
| Long-Term Debt | $5.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $134M |
| Other Non-Current Liabilities | $746M |
| TOTAL NON-CURRENT LIABILITIES | $7.3B |
| TOTAL LIABILITIES | $9.4B |
| Common Stock | $9M |
| Additional Paid-In Capital | $4.6B |
| Retained Earnings | $7.1B |
| Treasury Stock | -$2.8B |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $100.0K |
| TOTAL STOCKHOLDERS' EQUITY | $8.9B |
| Minority Interest | $68M |
| TOTAL EQUITY | $9.0B |
| TOTAL LIABILITIES & EQUITY | $18.4B |
| Total Debt | $7.0B |
| Net Debt | $4.3B |
