| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.7B | $4.5B | $3.9B | 4.8% | 18.8% |
| Op. Income | $531M | $311M | $37M | 70.7% | 1318.8% |
| Gross Margin | 31.1% | 29.2% | 26.4% | 1.9pp | 4.7pp |
| Net Margin | 7.5% | 7.2% | 1.9% | 0.3pp | 5.6pp |
| EPS (Diluted) | $1.70 | $1.56 | $0.36 | 9.0% | 367.7% |
| Free Cash Flow | $831M | $573M | $246M | 45.1% | 238.6% |
| Item | Amount |
|---|---|
| REVENUE | $4.7B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $400M |
| Selling & Marketing | $388M |
| General & Administrative | $131M |
| SG&A Expenses | $519M |
| Other Expenses | $0 |
| Operating Expenses | $919M |
| Cost & Expenses | $4.1B |
| OPERATING INCOME | $531M |
| Interest Income | $71M |
| Interest Expense | $11M |
| Other Income/Expenses | -$65M |
| INCOME BEFORE TAX | $465M |
| Income Tax Expense | $115M |
| Net Income from Continuing Ops | $351M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $351M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $351M |
| D&A | $35M |
| EBIT | $476M |
| EBITDA | $511M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $4.7B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $400M |
| Selling & Marketing | $388M |
| General & Administrative | $131M |
| SG&A Expenses | $519M |
| Other Expenses | $0 |
| Operating Expenses | $919M |
| Cost & Expenses | $4.1B |
| OPERATING INCOME | $531M |
| Interest Income | $71M |
| Interest Expense | $11M |
| Other Income/Expenses | -$65M |
| INCOME BEFORE TAX | $465M |
| Income Tax Expense | $115M |
| Net Income from Continuing Ops | $351M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $351M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $351M |
| D&A | $35M |
| EBIT | $476M |
| EBITDA | $511M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $351M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $74M |
| Deferred Income Tax | $115M |
| Other Non-Cash Items | $127M |
| Change in Working Capital | $134M |
| OPERATING CASH FLOW | $836M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.7B |
| Sales/Maturities of Investments | $1.6B |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$96M |
| Net Debt Issuance | -$21M |
| Common Stock Repurchased | -$41M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $178M |
| NET CASH FROM FINANCING | $116M |
| FREE CASH FLOW | $831M |
| Net Change in Cash | $741M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.5B |
| Short-Term Investments | $1.6B |
| Net Receivables | $909M |
| Inventory | $0 |
| Other Current Assets | $169M |
| TOTAL CURRENT ASSETS | $8.2B |
| PP&E (Net) | $502M |
| Goodwill | $1.3B |
| Intangible Assets | $68M |
| Long-Term Investments | $2.0B |
| Tax Assets | $227M |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $4.1B |
| TOTAL ASSETS | $12.3B |
| Account Payables | $862M |
| Short-Term Debt | $0 |
| Deferred Revenue | $794M |
| Other Current Liabilities | $3.0B |
| TOTAL CURRENT LIABILITIES | $4.8B |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $23M |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $6.9B |
| Common Stock | $0 |
| Additional Paid-In Capital | $6.8B |
| Retained Earnings | -$4.0B |
| Treasury Stock | -$306M |
| Accum. Other Comp. Income | $2.9B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.4B |
| TOTAL LIABILITIES & EQUITY | $12.3B |
| Total Debt | $2.1B |
| Net Debt | -$3.4B |
