| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22.2B | $21.4B | $19.4B | 3.6% | 14.0% |
| Op. Income | $309M | $2.3B | $2.5B | -86.4% | -87.6% |
| Gross Margin | 43.0% | 43.3% | 45.8% | -0.3pp | -2.9pp |
| Net Margin | -0.6% | 8.8% | 10.8% | -9.4pp | -11.4pp |
| EPS (Diluted) | $-0.10 | $0.99 | $1.12 | -110.4% | -109.2% |
| Free Cash Flow | -$7.7B | $3.5B | -$22.9B | -316.1% | 66.5% |
| Item | Amount |
|---|---|
| REVENUE | $22.2B |
| Cost of Revenue | $12.6B |
| GROSS PROFIT | $9.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $267M |
| General & Administrative | $4.2B |
| SG&A Expenses | $4.5B |
| Other Expenses | $4.7B |
| Operating Expenses | $9.2B |
| Cost & Expenses | $21.9B |
| OPERATING INCOME | $309M |
| Interest Income | $17.4B |
| Interest Expense | $11.9B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $309M |
| Income Tax Expense | $580M |
| Net Income from Continuing Ops | -$271M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $139M |
| NET INCOME | -$132M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$183M |
| D&A | $360M |
| EBIT | $309M |
| EBITDA | $669M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$132M |
| Depreciation & Amortization | $360M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$128M |
| Other Non-Cash Items | $639M |
| Change in Working Capital | -$8.0B |
| OPERATING CASH FLOW | -$7.3B |
| Capital Expenditure | -$415M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$8.0B |
| Sales/Maturities of Investments | $22.4B |
| Other Investing Activities | -$3.1B |
| NET CASH FROM INVESTING | $10.9B |
| Net Debt Issuance | -$1.2B |
| Common Stock Repurchased | -$2.9B |
| Common Dividends Paid | -$1.3B |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$3.0B |
| FREE CASH FLOW | -$7.7B |
| Net Change in Cash | $685M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $73.0B |
| Short-Term Investments | $55.3B |
| Net Receivables | $40.0B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $169.6B |
| PP&E (Net) | $7.0B |
| Goodwill | $13.7B |
| Intangible Assets | $2.2B |
| Long-Term Investments | $979.0B |
| Tax Assets | $3.4B |
| Other Non-Current Assets | $268.4B |
| TOTAL NON-CURRENT ASSETS | $1.3T |
| TOTAL ASSETS | $1.4T |
| Account Payables | $27.5B |
| Short-Term Debt | $302.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $808.7B |
| TOTAL CURRENT LIABILITIES | $1.1T |
| Long-Term Debt | $140.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $189M |
| Other Non-Current Liabilities | $69.5B |
| TOTAL NON-CURRENT LIABILITIES | $213.8B |
| TOTAL LIABILITIES | $1.4T |
| Common Stock | $18.4B |
| Additional Paid-In Capital | $137M |
| Retained Earnings | $50.7B |
| Treasury Stock | -$38M |
| Accum. Other Comp. Income | $4.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $81.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $81.5B |
| TOTAL LIABILITIES & EQUITY | $1.4T |
| Total Debt | $446.6B |
| Net Debt | $373.6B |
