| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $99.4B | — | $115.0B | — | -13.6% |
| Op. Income | $7.8B | — | $15.8B | — | -51.0% |
| Gross Margin | 17.9% | — | 21.7% | — | -3.9pp |
| Net Margin | 6.6% | — | 11.1% | — | -4.5pp |
| EPS (Diluted) | $2.17 | — | $4.05 | — | -46.2% |
| Free Cash Flow | -$2.0B | — | — | — | — |
| Item | Amount |
|---|---|
| REVENUE | $99.4B |
| Cost of Revenue | $81.6B |
| GROSS PROFIT | $17.8B |
| R&D Expenses | $3.3B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.5B |
| Other Expenses | $1.3B |
| Operating Expenses | $10.0B |
| Cost & Expenses | $91.6B |
| OPERATING INCOME | $7.8B |
| Interest Income | $1.5B |
| Interest Expense | $852M |
| Other Income/Expenses | $409M |
| INCOME BEFORE TAX | $8.2B |
| Income Tax Expense | $1.6B |
| Net Income from Continuing Ops | $6.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6.6B |
| D&A | $2.9B |
| EBIT | $9.2B |
| EBITDA | $12.2B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $99.4B |
| Cost of Revenue | $81.6B |
| GROSS PROFIT | $17.8B |
| R&D Expenses | $3.3B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5.5B |
| Other Expenses | $1.3B |
| Operating Expenses | $10.0B |
| Cost & Expenses | $91.6B |
| OPERATING INCOME | $7.8B |
| Interest Income | $1.5B |
| Interest Expense | $852M |
| Other Income/Expenses | $409M |
| INCOME BEFORE TAX | $8.2B |
| Income Tax Expense | $1.6B |
| Net Income from Continuing Ops | $6.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6.6B |
| D&A | $2.9B |
| EBIT | $9.2B |
| EBITDA | $12.2B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $6.6B |
| Depreciation & Amortization | $4.2B |
| Stock-Based Compensation | $81M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$5.0B |
| Change in Working Capital | -$1.2B |
| OPERATING CASH FLOW | $4.6B |
| Capital Expenditure | -$6.7B |
| Acquisitions (Net) | -$1.5B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$467M |
| NET CASH FROM INVESTING | -$8.7B |
| Net Debt Issuance | $1.2B |
| Common Stock Repurchased | -$2.3B |
| Common Dividends Paid | -$5.4B |
| Other Financing Activities | $780M |
| NET CASH FROM FINANCING | -$5.7B |
| FREE CASH FLOW | -$2.0B |
| Net Change in Cash | -$10.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $42.5B |
| Short-Term Investments | $3.8B |
| Net Receivables | $23.4B |
| Inventory | $25.7B |
| Other Current Assets | $4.4B |
| TOTAL CURRENT ASSETS | $101.6B |
| PP&E (Net) | $49.0B |
| Goodwill | $18.0B |
| Intangible Assets | $44.6B |
| Long-Term Investments | $16.2B |
| Tax Assets | $2.3B |
| Other Non-Current Assets | $10.1B |
| TOTAL NON-CURRENT ASSETS | $140.3B |
| TOTAL ASSETS | $241.9B |
| Account Payables | $38.3B |
| Short-Term Debt | $11.5B |
| Deferred Revenue | $996M |
| Other Current Liabilities | $21.0B |
| TOTAL CURRENT LIABILITIES | $88.8B |
| Long-Term Debt | $23.3B |
| Deferred Revenue NC | $2.5B |
| Deferred Tax Liabilities | $6.1B |
| Other Non-Current Liabilities | $23.1B |
| TOTAL NON-CURRENT LIABILITIES | $56.8B |
| TOTAL LIABILITIES | $145.6B |
| Common Stock | $44M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $93.3B |
| Treasury Stock | -$2.3B |
| Accum. Other Comp. Income | $4.5B |
| Other Equity | $68M |
| TOTAL STOCKHOLDERS' EQUITY | $95.6B |
| Minority Interest | $700M |
| TOTAL EQUITY | $96.3B |
| TOTAL LIABILITIES & EQUITY | $241.9B |
| Total Debt | $37.6B |
| Net Debt | -$4.9B |
