| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21.4B | $21.2B | $17.8B | 1.1% | 20.3% |
| Op. Income | $2.3B | $2.4B | $2.9B | -6.6% | -21.0% |
| Gross Margin | 43.3% | 43.6% | 48.7% | -0.3pp | -5.4pp |
| Net Margin | 8.8% | 9.7% | 13.6% | -1.0pp | -4.8pp |
| EPS (Diluted) | $0.99 | $1.13 | $1.24 | -12.9% | -20.1% |
| Free Cash Flow | $3.5B | -$15.0B | -$39.8B | 123.6% | 108.9% |
| Item | Amount |
|---|---|
| REVENUE | $21.4B |
| Cost of Revenue | $12.1B |
| GROSS PROFIT | $9.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $288M |
| General & Administrative | $4.0B |
| SG&A Expenses | $4.3B |
| Other Expenses | $2.7B |
| Operating Expenses | $7.0B |
| Cost & Expenses | $19.1B |
| OPERATING INCOME | $2.3B |
| Interest Income | $16.8B |
| Interest Expense | $11.3B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2.3B |
| Income Tax Expense | $533M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $142M |
| NET INCOME | $1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.7B |
| D&A | $360M |
| EBIT | $2.3B |
| EBITDA | $2.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $21.4B |
| Cost of Revenue | $12.1B |
| GROSS PROFIT | $9.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $288M |
| General & Administrative | $4.0B |
| SG&A Expenses | $4.3B |
| Other Expenses | $2.7B |
| Operating Expenses | $7.0B |
| Cost & Expenses | $19.1B |
| OPERATING INCOME | $2.3B |
| Interest Income | $16.8B |
| Interest Expense | $11.3B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2.3B |
| Income Tax Expense | $533M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $142M |
| NET INCOME | $1.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.7B |
| D&A | $360M |
| EBIT | $2.3B |
| EBITDA | $2.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.9B |
| Depreciation & Amortization | $360M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$533M |
| Other Non-Cash Items | $689M |
| Change in Working Capital | $1.5B |
| OPERATING CASH FLOW | $3.9B |
| Capital Expenditure | -$311M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6.4B |
| Sales/Maturities of Investments | $12.0B |
| Other Investing Activities | -$8.0B |
| NET CASH FROM INVESTING | -$2.7B |
| Net Debt Issuance | $1.2B |
| Common Stock Repurchased | -$2.8B |
| Common Dividends Paid | -$1.4B |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1.3B |
| FREE CASH FLOW | $3.5B |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $68.7B |
| Short-Term Investments | $54.8B |
| Net Receivables | $41.4B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $166.1B |
| PP&E (Net) | $7.0B |
| Goodwill | $13.6B |
| Intangible Assets | $2.1B |
| Long-Term Investments | $988.2B |
| Tax Assets | $3.5B |
| Other Non-Current Assets | $262.2B |
| TOTAL NON-CURRENT ASSETS | $1.3T |
| TOTAL ASSETS | $1.4T |
| Account Payables | $32.1B |
| Short-Term Debt | $299.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $800.3B |
| TOTAL CURRENT LIABILITIES | $1.1T |
| Long-Term Debt | $139.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $156M |
| Other Non-Current Liabilities | $77.6B |
| TOTAL NON-CURRENT LIABILITIES | $220.7B |
| TOTAL LIABILITIES | $1.4T |
| Common Stock | $18.5B |
| Additional Paid-In Capital | $134M |
| Retained Earnings | $52.5B |
| Treasury Stock | -$23M |
| Accum. Other Comp. Income | $3.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $81.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $81.8B |
| TOTAL LIABILITIES & EQUITY | $1.4T |
| Total Debt | $442.1B |
| Net Debt | $373.5B |
