| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16.6B | $13.3B | $14.8B | 24.4% | 11.5% |
| Op. Income | $4.2B | $1.9B | $3.8B | 127.9% | 13.2% |
| Gross Margin | 71.1% | 70.0% | 69.8% | 1.1pp | 1.4pp |
| Net Margin | 19.9% | 9.8% | 19.9% | 10.1pp | -0.0pp |
| EPS (Diluted) | $1.32 | $0.53 | $1.17 | 151.1% | 13.0% |
| Free Cash Flow | $0 | -$589M | $0 | 100.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $16.6B |
| Cost of Revenue | $4.8B |
| GROSS PROFIT | $11.8B |
| R&D Expenses | $2.2B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.1B |
| Other Expenses | $2.2B |
| Operating Expenses | $7.5B |
| Cost & Expenses | $12.3B |
| OPERATING INCOME | $4.2B |
| Interest Income | $156M |
| Interest Expense | $310M |
| Other Income/Expenses | -$63M |
| INCOME BEFORE TAX | $4.2B |
| Income Tax Expense | $862M |
| Net Income from Continuing Ops | $3.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.3B |
| D&A | $560M |
| EBIT | $4.4B |
| EBITDA | $5.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $16.6B |
| Cost of Revenue | $4.8B |
| GROSS PROFIT | $11.8B |
| R&D Expenses | $2.2B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.1B |
| Other Expenses | $2.2B |
| Operating Expenses | $7.5B |
| Cost & Expenses | $12.3B |
| OPERATING INCOME | $4.2B |
| Interest Income | $156M |
| Interest Expense | $310M |
| Other Income/Expenses | -$63M |
| INCOME BEFORE TAX | $4.2B |
| Income Tax Expense | $862M |
| Net Income from Continuing Ops | $3.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.3B |
| D&A | $560M |
| EBIT | $4.4B |
| EBITDA | $5.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.3B |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3.3B |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
