| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.0B | $4.9B | $4.5B | 2.1% | 11.7% |
| Op. Income | $1.0B | $844M | $833M | 21.8% | 23.4% |
| Gross Margin | 44.4% | 41.3% | 44.5% | 3.1pp | -0.1pp |
| Net Margin | 15.8% | 13.2% | 14.1% | 2.7pp | 1.8pp |
| EPS (Diluted) | $1.94 | $1.55 | $1.48 | 25.2% | 31.1% |
| Free Cash Flow | $2.8B | $2.5B | $2.5B | 11.2% | 11.3% |
| Item | Amount |
|---|---|
| REVENUE | $5.0B |
| Cost of Revenue | $2.8B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $123M |
| General & Administrative | $464M |
| SG&A Expenses | $587M |
| Other Expenses | $602M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $4.0B |
| OPERATING INCOME | $1.0B |
| Interest Income | $5.8B |
| Interest Expense | $1.2B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.0B |
| Income Tax Expense | $239M |
| Net Income from Continuing Ops | $789M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $789M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $768M |
| D&A | $121M |
| EBIT | $1.0B |
| EBITDA | $1.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $5.0B |
| Cost of Revenue | $2.8B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $123M |
| General & Administrative | $464M |
| SG&A Expenses | $587M |
| Other Expenses | $602M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $4.0B |
| OPERATING INCOME | $1.0B |
| Interest Income | $5.8B |
| Interest Expense | $1.2B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.0B |
| Income Tax Expense | $239M |
| Net Income from Continuing Ops | $789M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $789M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $768M |
| D&A | $121M |
| EBIT | $1.0B |
| EBITDA | $1.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $789M |
| Depreciation & Amortization | $121M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$72M |
| Other Non-Cash Items | $1.7B |
| Change in Working Capital | $183M |
| OPERATING CASH FLOW | $2.8B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$375M |
| Sales/Maturities of Investments | $765M |
| Other Investing Activities | -$2.6B |
| NET CASH FROM INVESTING | -$2.2B |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | -$302M |
| Common Dividends Paid | -$99M |
| Other Financing Activities | -$801M |
| NET CASH FROM FINANCING | -$1.2B |
| FREE CASH FLOW | $2.8B |
| Net Change in Cash | -$699M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17.9B |
| Short-Term Investments | $2.3B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $20.3B |
| PP&E (Net) | $0 |
| Goodwill | $1.3B |
| Intangible Assets | $765M |
| Long-Term Investments | $102.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$5.3B |
| TOTAL NON-CURRENT ASSETS | $99.0B |
| TOTAL ASSETS | $119.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $82.3B |
| TOTAL CURRENT LIABILITIES | $82.3B |
| Long-Term Debt | $15.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.3B |
| TOTAL NON-CURRENT LIABILITIES | $21.0B |
| TOTAL LIABILITIES | $103.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $9.8B |
| Retained Earnings | $21.0B |
| Treasury Stock | -$16.0B |
| Accum. Other Comp. Income | -$50M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $16.0B |
| TOTAL LIABILITIES & EQUITY | $119.2B |
| Total Debt | $15.6B |
| Net Debt | -$2.3B |
