| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.6B | $6.3B | $6.4B | 3.2% | 2.5% |
| Op. Income | $1.8B | $1.7B | $1.4B | 5.4% | 33.2% |
| Gross Margin | 74.0% | 73.9% | 72.0% | 0.1pp | 2.0pp |
| Net Margin | 21.5% | 21.0% | 17.6% | 0.5pp | 3.9pp |
| EPS (Diluted) | $0.71 | $0.66 | $0.56 | 7.6% | 26.8% |
| Free Cash Flow | $19.0B | -$4.3B | -$5.3B | 537.0% | 461.3% |
| Item | Amount |
|---|---|
| REVENUE | $6.6B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $4.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.6B |
| Other Expenses | $1.4B |
| Operating Expenses | $3.0B |
| Cost & Expenses | $4.7B |
| OPERATING INCOME | $1.8B |
| Interest Income | $3.9B |
| Interest Expense | $1.7B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.8B |
| Income Tax Expense | $434M |
| Net Income from Continuing Ops | $1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.3B |
| D&A | $361M |
| EBIT | $1.8B |
| EBITDA | $2.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $6.6B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $4.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.6B |
| Other Expenses | $1.4B |
| Operating Expenses | $3.0B |
| Cost & Expenses | $4.7B |
| OPERATING INCOME | $1.8B |
| Interest Income | $3.9B |
| Interest Expense | $1.7B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.8B |
| Income Tax Expense | $434M |
| Net Income from Continuing Ops | $1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.3B |
| D&A | $361M |
| EBIT | $1.8B |
| EBITDA | $2.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.4B |
| Depreciation & Amortization | $361M |
| Stock-Based Compensation | $65M |
| Deferred Income Tax | -$54M |
| Other Non-Cash Items | $334M |
| Change in Working Capital | $17.0B |
| OPERATING CASH FLOW | $19.1B |
| Capital Expenditure | -$128M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$992M |
| Sales/Maturities of Investments | $10.9B |
| Other Investing Activities | -$1.2B |
| NET CASH FROM INVESTING | $8.5B |
| Net Debt Issuance | -$1.2B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$563M |
| Other Financing Activities | -$6.0B |
| NET CASH FROM FINANCING | -$7.7B |
| FREE CASH FLOW | $19.0B |
| Net Change in Cash | $19.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $34.9B |
| Short-Term Investments | $89.8B |
| Net Receivables | $74.0B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $198.7B |
| PP&E (Net) | $3.3B |
| Goodwill | $12.0B |
| Intangible Assets | $7.9B |
| Long-Term Investments | $184.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $59.3B |
| TOTAL NON-CURRENT ASSETS | $267.4B |
| TOTAL ASSETS | $466.1B |
| Account Payables | $89.2B |
| Short-Term Debt | $33.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $246.5B |
| TOTAL CURRENT LIABILITIES | $368.8B |
| Long-Term Debt | $22.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $27.6B |
| TOTAL NON-CURRENT LIABILITIES | $50.0B |
| TOTAL LIABILITIES | $418.8B |
| Common Stock | $21M |
| Additional Paid-In Capital | $27.5B |
| Retained Earnings | $36.3B |
| Treasury Stock | -$11.2B |
| Accum. Other Comp. Income | -$14.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $47.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $47.2B |
| TOTAL LIABILITIES & EQUITY | $466.1B |
| Total Debt | $55.6B |
| Net Debt | $20.8B |
