| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | $1.9B | $2.0B | 24.3% | 15.5% |
| Op. Income | $731M | $519M | $571M | 40.8% | 28.1% |
| Gross Margin | 82.4% | 81.9% | 82.0% | 0.5pp | 0.3pp |
| Net Margin | 42.6% | 30.0% | 33.6% | 12.6pp | 9.0pp |
| EPS (Diluted) | $1.45 | $0.81 | $1.00 | 78.3% | 45.2% |
| Free Cash Flow | $0 | $0 | $8M | — | -100.0% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $409M |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $532M |
| Selling & Marketing | $494M |
| General & Administrative | $153M |
| SG&A Expenses | $647M |
| Other Expenses | $0 |
| Operating Expenses | $1.2B |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $731M |
| Interest Income | $87M |
| Interest Expense | $58M |
| Other Income/Expenses | $371M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $105M |
| Net Income from Continuing Ops | $997M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $988M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $988M |
| D&A | $30M |
| EBIT | $731M |
| EBITDA | $761M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $409M |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $532M |
| Selling & Marketing | $494M |
| General & Administrative | $153M |
| SG&A Expenses | $647M |
| Other Expenses | $0 |
| Operating Expenses | $1.2B |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $731M |
| Interest Income | $87M |
| Interest Expense | $58M |
| Other Income/Expenses | $371M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $105M |
| Net Income from Continuing Ops | $997M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $988M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $988M |
| D&A | $30M |
| EBIT | $731M |
| EBITDA | $761M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $988M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $67M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1.1B |
| 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 | $6.1B |
| Short-Term Investments | $5.0B |
| Net Receivables | $2.0B |
| Inventory | $0 |
| Other Current Assets | $3.6B |
| TOTAL CURRENT ASSETS | $16.7B |
| PP&E (Net) | $846M |
| Goodwill | $8.9B |
| Intangible Assets | $1.9B |
| Long-Term Investments | $6.8B |
| Tax Assets | $409M |
| Other Non-Current Assets | $80M |
| TOTAL NON-CURRENT ASSETS | $19.0B |
| TOTAL ASSETS | $35.7B |
| Account Payables | $2.6B |
| Short-Term Debt | $3.9B |
| Deferred Revenue | $2.5B |
| Other Current Liabilities | $2.8B |
| TOTAL CURRENT LIABILITIES | $11.8B |
| Long-Term Debt | $2.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $555M |
| Other Non-Current Liabilities | $39M |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $15.2B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $20.3B |
| TOTAL STOCKHOLDERS' EQUITY | $20.3B |
| Minority Interest | $144M |
| TOTAL EQUITY | $20.5B |
| TOTAL LIABILITIES & EQUITY | $35.7B |
| Total Debt | $6.8B |
| Net Debt | $627M |
