| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.4B | $7.6B | $6.5B | -2.6% | 12.7% |
| Op. Income | $1.2B | $1.0B | -$309M | 10.8% | 473.4% |
| Gross Margin | 66.5% | 68.0% | 67.1% | -1.5pp | -0.6pp |
| Net Margin | 7.8% | 7.9% | -4.6% | -0.1pp | 12.4pp |
| EPS (Diluted) | $0.18 | $0.19 | $-0.10 | -4.6% | 286.4% |
| Free Cash Flow | $1.5B | $707M | $807M | 105.1% | 79.6% |
| Item | Amount |
|---|---|
| REVENUE | $7.4B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $4.9B |
| R&D Expenses | $1.1B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.7B |
| Other Expenses | $963M |
| Operating Expenses | $3.7B |
| Cost & Expenses | $6.2B |
| OPERATING INCOME | $1.2B |
| Interest Income | $26M |
| Interest Expense | $429M |
| Other Income/Expenses | -$406M |
| INCOME BEFORE TAX | $748M |
| Income Tax Expense | $171M |
| Net Income from Continuing Ops | $577M |
| Net Income from Discontinued Ops | $3M |
| Other Adjustments | -$3M |
| NET INCOME | $577M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $577M |
| D&A | $1.2B |
| EBIT | $1.2B |
| EBITDA | $2.4B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7.4B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $4.9B |
| R&D Expenses | $1.1B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.7B |
| Other Expenses | $963M |
| Operating Expenses | $3.7B |
| Cost & Expenses | $6.2B |
| OPERATING INCOME | $1.2B |
| Interest Income | $26M |
| Interest Expense | $429M |
| Other Income/Expenses | -$406M |
| INCOME BEFORE TAX | $748M |
| Income Tax Expense | $171M |
| Net Income from Continuing Ops | $577M |
| Net Income from Discontinued Ops | $3M |
| Other Adjustments | -$3M |
| NET INCOME | $577M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $577M |
| D&A | $1.2B |
| EBIT | $1.2B |
| EBITDA | $2.4B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $577M |
| Depreciation & Amortization | $1.2B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $482M |
| Change in Working Capital | -$504M |
| OPERATING CASH FLOW | $1.8B |
| Capital Expenditure | -$310M |
| Acquisitions (Net) | $34M |
| Purchases of Investments | -$63M |
| Sales/Maturities of Investments | $112M |
| Other Investing Activities | -$173M |
| NET CASH FROM INVESTING | -$471M |
| Net Debt Issuance | $1.4B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$58M |
| Other Financing Activities | -$2.1B |
| NET CASH FROM FINANCING | -$689M |
| FREE CASH FLOW | $1.5B |
| Net Change in Cash | $338M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.4B |
| Short-Term Investments | $296M |
| Net Receivables | $4.5B |
| Inventory | $7.6B |
| Other Current Assets | $1.4B |
| TOTAL CURRENT ASSETS | $19.1B |
| PP&E (Net) | $11.8B |
| Goodwill | $32.3B |
| Intangible Assets | $23.6B |
| Long-Term Investments | $1.7B |
| Tax Assets | $2.1B |
| Other Non-Current Assets | $533M |
| TOTAL NON-CURRENT ASSETS | $72.2B |
| TOTAL ASSETS | $91.3B |
| Account Payables | $2.6B |
| Short-Term Debt | $3.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.6B |
| TOTAL CURRENT LIABILITIES | $15.0B |
| Long-Term Debt | $27.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $292M |
| Other Non-Current Liabilities | $5.0B |
| TOTAL NON-CURRENT LIABILITIES | $33.0B |
| TOTAL LIABILITIES | $47.9B |
| Common Stock | $10.6B |
| Additional Paid-In Capital | $10.9B |
| Retained Earnings | $9.0B |
| Treasury Stock | -$156M |
| Accum. Other Comp. Income | $13.0B |
| Other Equity | -$6.3K |
| TOTAL STOCKHOLDERS' EQUITY | $43.4B |
| Minority Interest | $5M |
| TOTAL EQUITY | $43.4B |
| TOTAL LIABILITIES & EQUITY | $91.3B |
| Total Debt | $31.6B |
| Net Debt | $26.3B |
