| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $25.5B | — | $24.9B | — | 2.3% |
| Op. Income | $1.6B | — | $2.4B | — | -33.1% |
| Gross Margin | 18.0% | — | 18.2% | — | -0.2pp |
| Net Margin | 5.5% | — | 10.8% | — | -5.4pp |
| EPS (Diluted) | $0.40 | — | $0.78 | — | -48.7% |
| Free Cash Flow | $1.3B | — | $1.0B | — | 33.3% |
| Item | Amount |
|---|---|
| REVENUE | $25.5B |
| Cost of Revenue | $20.9B |
| GROSS PROFIT | $4.6B |
| R&D Expenses | $1.1B |
| Selling & Marketing | $0 |
| General & Administrative | $1.3B |
| SG&A Expenses | $1.3B |
| Other Expenses | $622M |
| Operating Expenses | $3.0B |
| Cost & Expenses | $23.9B |
| OPERATING INCOME | $1.6B |
| Interest Income | $348M |
| Interest Expense | $86M |
| Other Income/Expenses | $182M |
| INCOME BEFORE TAX | $1.8B |
| Income Tax Expense | $371M |
| Net Income from Continuing Ops | $1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.4B |
| D&A | $1.3B |
| EBIT | $2.0B |
| EBITDA | $3.3B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $25.5B |
| Cost of Revenue | $20.9B |
| GROSS PROFIT | $4.6B |
| R&D Expenses | $1.1B |
| Selling & Marketing | $0 |
| General & Administrative | $1.3B |
| SG&A Expenses | $1.3B |
| Other Expenses | $622M |
| Operating Expenses | $3.0B |
| Cost & Expenses | $23.9B |
| OPERATING INCOME | $1.6B |
| Interest Income | $348M |
| Interest Expense | $86M |
| Other Income/Expenses | $182M |
| INCOME BEFORE TAX | $1.8B |
| Income Tax Expense | $371M |
| Net Income from Continuing Ops | $1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.4B |
| D&A | $1.3B |
| EBIT | $2.0B |
| EBITDA | $3.3B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1.4B |
| Depreciation & Amortization | $1.3B |
| Stock-Based Compensation | $439M |
| Deferred Income Tax | $122M |
| Other Non-Cash Items | $219M |
| Change in Working Capital | $138M |
| OPERATING CASH FLOW | $3.6B |
| Capital Expenditure | -$2.3B |
| Acquisitions (Net) | -$23M |
| Purchases of Investments | -$8.1B |
| Sales/Maturities of Investments | $7.2B |
| Other Investing Activities | $23M |
| NET CASH FROM INVESTING | -$3.2B |
| Net Debt Issuance | $2.4B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$45M |
| NET CASH FROM FINANCING | $2.5B |
| FREE CASH FLOW | $1.3B |
| Net Change in Cash | $2.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14.6B |
| Short-Term Investments | $16.1B |
| Net Receivables | $3.7B |
| Inventory | $14.2B |
| Other Current Assets | $4.3B |
| TOTAL CURRENT ASSETS | $53.0B |
| PP&E (Net) | $48.1B |
| Goodwill | $249M |
| Intangible Assets | $164M |
| Long-Term Investments | $184M |
| Tax Assets | $6.7B |
| Other Non-Current Assets | $4.5B |
| TOTAL NON-CURRENT ASSETS | $59.9B |
| TOTAL ASSETS | $112.8B |
| Account Payables | $13.1B |
| Short-Term Debt | $2.0B |
| Deferred Revenue | $3.7B |
| Other Current Liabilities | $2.9B |
| TOTAL CURRENT LIABILITIES | $27.7B |
| Long-Term Debt | $5.3B |
| Deferred Revenue NC | $3.4B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.0B |
| TOTAL NON-CURRENT LIABILITIES | $17.8B |
| TOTAL LIABILITIES | $45.6B |
| Common Stock | $3M |
| Additional Paid-In Capital | $36.4B |
| Retained Earnings | $30.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$467M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $66.5B |
| Minority Interest | $795M |
| TOTAL EQUITY | $67.3B |
| TOTAL LIABILITIES & EQUITY | $112.8B |
| Total Debt | $12.5B |
| Net Debt | -$2.1B |
