| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.2B | $2.0B | $1.7B | 5.7% | 26.1% |
| Op. Income | $283M | $241M | $122M | 17.4% | 132.0% |
| Gross Margin | 51.7% | 51.1% | 52.6% | 0.6pp | -0.9pp |
| Net Margin | 38.3% | 8.4% | 41.9% | 29.9pp | -3.6pp |
| EPS (Diluted) | $0.64 | $0.13 | $0.55 | 392.3% | 16.4% |
| Free Cash Flow | $421M | $333M | $276M | 26.4% | 52.5% |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $332M |
| Selling & Marketing | $331M |
| General & Administrative | $114M |
| SG&A Expenses | $445M |
| Other Expenses | $58M |
| Operating Expenses | $835M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $283M |
| Interest Income | $77M |
| Interest Expense | $0 |
| Other Income/Expenses | $577M |
| INCOME BEFORE TAX | $860M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $828M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $828M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $828M |
| D&A | $8M |
| EBIT | $341M |
| EBITDA | $349M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $332M |
| Selling & Marketing | $331M |
| General & Administrative | $114M |
| SG&A Expenses | $445M |
| Other Expenses | $58M |
| Operating Expenses | $835M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $283M |
| Interest Income | $77M |
| Interest Expense | $0 |
| Other Income/Expenses | $577M |
| INCOME BEFORE TAX | $860M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $828M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $828M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $828M |
| D&A | $8M |
| EBIT | $341M |
| EBITDA | $349M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $828M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $110M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$480M |
| Change in Working Capital | -$46M |
| OPERATING CASH FLOW | $423M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$8M |
| Purchases of Investments | -$2.1B |
| Sales/Maturities of Investments | $1.8B |
| Other Investing Activities | -$215M |
| NET CASH FROM INVESTING | -$474M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | $421M |
| Net Change in Cash | -$34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $3.4B |
| Net Receivables | $1.4B |
| Inventory | $0 |
| Other Current Assets | $211M |
| TOTAL CURRENT ASSETS | $6.5B |
| PP&E (Net) | $143M |
| Goodwill | $452M |
| Intangible Assets | $24M |
| Long-Term Investments | $5.1B |
| Tax Assets | $39M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $5.8B |
| TOTAL ASSETS | $12.3B |
| Account Payables | $612M |
| Short-Term Debt | $0 |
| Deferred Revenue | $290M |
| Other Current Liabilities | $998.4K |
| TOTAL CURRENT LIABILITIES | $921M |
| Long-Term Debt | $917M |
| Deferred Revenue NC | $159M |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $9.5B |
| Additional Paid-In Capital | $309M |
| Retained Earnings | $336M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $10.1B |
| TOTAL LIABILITIES & EQUITY | $12.3B |
| Total Debt | $1.1B |
| Net Debt | -$366M |
