| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | — | $1.6B | — | 13.6% |
| Op. Income | $519M | — | $435M | — | 19.4% |
| Gross Margin | 81.9% | — | 82.2% | — | -0.3pp |
| Net Margin | 30.0% | — | 5.6% | — | 24.4pp |
| EPS (Diluted) | $0.81 | — | $0.14 | — | 492.6% |
| Free Cash Flow | $0 | — | $8M | — | -100.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $338M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $437M |
| Selling & Marketing | $414M |
| General & Administrative | $157M |
| SG&A Expenses | $572M |
| Other Expenses | $0 |
| Operating Expenses | $1.0B |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $519M |
| Interest Income | $93M |
| Interest Expense | $75M |
| Other Income/Expenses | $150M |
| INCOME BEFORE TAX | $669M |
| Income Tax Expense | $101M |
| Net Income from Continuing Ops | $568M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $560M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $560M |
| D&A | $31M |
| EBIT | $519M |
| EBITDA | $550M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $338M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $437M |
| Selling & Marketing | $414M |
| General & Administrative | $157M |
| SG&A Expenses | $572M |
| Other Expenses | $0 |
| Operating Expenses | $1.0B |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $519M |
| Interest Income | $93M |
| Interest Expense | $75M |
| Other Income/Expenses | $150M |
| INCOME BEFORE TAX | $669M |
| Income Tax Expense | $101M |
| Net Income from Continuing Ops | $568M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $560M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $560M |
| D&A | $31M |
| EBIT | $519M |
| EBITDA | $550M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $560M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $98M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$659M |
| 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 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.5B |
| Short-Term Investments | $5.6B |
| Net Receivables | $1.9B |
| Inventory | $0 |
| Other Current Assets | $2.8B |
| TOTAL CURRENT ASSETS | $17.8B |
| PP&E (Net) | $851M |
| Goodwill | $8.7B |
| Intangible Assets | $1.8B |
| Long-Term Investments | $6.6B |
| Tax Assets | $380M |
| Other Non-Current Assets | $79M |
| TOTAL NON-CURRENT ASSETS | $18.5B |
| TOTAL ASSETS | $36.2B |
| Account Payables | $2.8B |
| Short-Term Debt | $5.8B |
| Deferred Revenue | $2.4B |
| Other Current Liabilities | $2.5B |
| TOTAL CURRENT LIABILITIES | $13.5B |
| Long-Term Debt | $2.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $508M |
| Other Non-Current Liabilities | $38M |
| TOTAL NON-CURRENT LIABILITIES | $3.6B |
| TOTAL LIABILITIES | $17.0B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $19.1B |
| TOTAL STOCKHOLDERS' EQUITY | $19.1B |
| Minority Interest | $130M |
| TOTAL EQUITY | $19.2B |
| TOTAL LIABILITIES & EQUITY | $36.2B |
| Total Debt | $8.8B |
| Net Debt | $1.3B |
