| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $25.2B | $25.5B | $23.4B | -1.2% | 7.8% |
| Op. Income | $2.7B | $1.6B | $1.8B | 69.3% | 54.0% |
| Gross Margin | 19.8% | 18.0% | 17.9% | 1.9pp | 2.0pp |
| Net Margin | 8.6% | 5.5% | 7.9% | 3.1pp | 0.7pp |
| EPS (Diluted) | $0.62 | $0.40 | $0.53 | 55.0% | 17.0% |
| Free Cash Flow | $2.7B | $1.3B | $849M | 104.6% | 223.0% |
| Item | Amount |
|---|---|
| REVENUE | $25.2B |
| Cost of Revenue | $20.2B |
| GROSS PROFIT | $5.0B |
| R&D Expenses | $1.0B |
| Selling & Marketing | $0 |
| General & Administrative | $1.2B |
| SG&A Expenses | $1.2B |
| Other Expenses | $55M |
| Operating Expenses | $2.3B |
| Cost & Expenses | $22.5B |
| OPERATING INCOME | $2.7B |
| Interest Income | $429M |
| Interest Expense | $92M |
| Other Income/Expenses | $67M |
| INCOME BEFORE TAX | $2.8B |
| Income Tax Expense | $601M |
| Net Income from Continuing Ops | $2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.2B |
| D&A | $1.3B |
| EBIT | $2.9B |
| EBITDA | $4.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $25.2B |
| Cost of Revenue | $20.2B |
| GROSS PROFIT | $5.0B |
| R&D Expenses | $1.0B |
| Selling & Marketing | $0 |
| General & Administrative | $1.2B |
| SG&A Expenses | $1.2B |
| Other Expenses | $55M |
| Operating Expenses | $2.3B |
| Cost & Expenses | $22.5B |
| OPERATING INCOME | $2.7B |
| Interest Income | $429M |
| Interest Expense | $92M |
| Other Income/Expenses | $67M |
| INCOME BEFORE TAX | $2.8B |
| Income Tax Expense | $601M |
| Net Income from Continuing Ops | $2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.2B |
| D&A | $1.3B |
| EBIT | $2.9B |
| EBITDA | $4.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.2B |
| Depreciation & Amortization | $1.3B |
| Stock-Based Compensation | $457M |
| Deferred Income Tax | $285M |
| Other Non-Cash Items | $419M |
| Change in Working Capital | $1.6B |
| OPERATING CASH FLOW | $6.3B |
| Capital Expenditure | -$3.5B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6.0B |
| Sales/Maturities of Investments | $6.7B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2.9B |
| Net Debt Issuance | -$181M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$27M |
| NET CASH FROM FINANCING | $132M |
| FREE CASH FLOW | $2.7B |
| Net Change in Cash | $3.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18.1B |
| Short-Term Investments | $15.5B |
| Net Receivables | $3.3B |
| Inventory | $14.5B |
| Other Current Assets | $4.9B |
| TOTAL CURRENT ASSETS | $56.4B |
| PP&E (Net) | $51.4B |
| Goodwill | $253M |
| Intangible Assets | $158M |
| Long-Term Investments | $184M |
| Tax Assets | $6.5B |
| Other Non-Current Assets | $5.0B |
| TOTAL NON-CURRENT ASSETS | $63.5B |
| TOTAL ASSETS | $119.9B |
| Account Payables | $14.7B |
| Short-Term Debt | $2.1B |
| Deferred Revenue | $4.0B |
| Other Current Liabilities | $3.6B |
| TOTAL CURRENT LIABILITIES | $30.6B |
| Long-Term Debt | $5.3B |
| Deferred Revenue NC | $3.4B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.5B |
| TOTAL NON-CURRENT LIABILITIES | $18.6B |
| TOTAL LIABILITIES | $49.1B |
| Common Stock | $3M |
| Additional Paid-In Capital | $37.3B |
| Retained Earnings | $32.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $69.9B |
| Minority Interest | $779M |
| TOTAL EQUITY | $70.7B |
| TOTAL LIABILITIES & EQUITY | $119.9B |
| Total Debt | $12.8B |
| Net Debt | -$5.3B |
