| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11.9B | $11.3B | $10.6B | 5.5% | 11.9% |
| Op. Income | $1.6B | $656M | $472M | 137.8% | 230.5% |
| Gross Margin | 26.2% | 19.8% | 17.7% | 6.4pp | 8.5pp |
| Net Margin | 10.6% | 4.7% | 3.8% | 5.9pp | 6.8pp |
| EPS (Diluted) | $5.42 | $2.29 | $1.74 | 136.7% | 211.5% |
| Free Cash Flow | $3.9B | $1.7B | $3.0B | 131.1% | 27.2% |
| Item | Amount |
|---|---|
| REVENUE | $11.9B |
| Cost of Revenue | $8.8B |
| GROSS PROFIT | $3.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1.5B |
| SG&A Expenses | $1.5B |
| Other Expenses | $98M |
| Operating Expenses | $1.6B |
| Cost & Expenses | $10.3B |
| OPERATING INCOME | $1.6B |
| Interest Income | $0 |
| Interest Expense | $98M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.6B |
| Income Tax Expense | $300M |
| Net Income from Continuing Ops | $1.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.3B |
| D&A | $174M |
| EBIT | $1.7B |
| EBITDA | $1.8B |
| EPS | $6 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $11.9B |
| Cost of Revenue | $8.8B |
| GROSS PROFIT | $3.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1.5B |
| SG&A Expenses | $1.5B |
| Other Expenses | $98M |
| Operating Expenses | $1.6B |
| Cost & Expenses | $10.3B |
| OPERATING INCOME | $1.6B |
| Interest Income | $0 |
| Interest Expense | $98M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.6B |
| Income Tax Expense | $300M |
| Net Income from Continuing Ops | $1.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.3B |
| D&A | $174M |
| EBIT | $1.7B |
| EBITDA | $1.8B |
| EPS | $6 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $1.3B |
| Depreciation & Amortization | $174M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$59M |
| Other Non-Cash Items | $2.6B |
| Change in Working Capital | -$134M |
| OPERATING CASH FLOW | $3.9B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4.0B |
| Sales/Maturities of Investments | $690M |
| Other Investing Activities | -$59M |
| NET CASH FROM INVESTING | -$3.4B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$249M |
| Common Dividends Paid | -$238M |
| Other Financing Activities | $33M |
| NET CASH FROM FINANCING | -$454M |
| FREE CASH FLOW | $3.9B |
| Net Change in Cash | $43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $772M |
| Short-Term Investments | $90.2B |
| Net Receivables | $22.6B |
| Inventory | $0 |
| Other Current Assets | -$115.1B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $4.3B |
| Intangible Assets | $368M |
| Long-Term Investments | $90.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$94.8B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $134.6B |
| Account Payables | $4.2B |
| Short-Term Debt | $100M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4.3B |
| Long-Term Debt | $7.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $94.6B |
| TOTAL NON-CURRENT LIABILITIES | $102.6B |
| TOTAL LIABILITIES | $106.9B |
| Common Stock | $25.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $47.8B |
| Treasury Stock | -$42.0B |
| Accum. Other Comp. Income | -$3.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $27.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $27.7B |
| TOTAL LIABILITIES & EQUITY | $134.6B |
| Total Debt | $8.0B |
| Net Debt | $7.3B |
