| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.2B | $3.2B | $3.1B | -0.1% | 4.3% |
| Op. Income | $886M | $496M | $262M | 78.9% | 238.7% |
| Gross Margin | 97.0% | 34.7% | 27.9% | 62.3pp | 69.1pp |
| Net Margin | 20.2% | 12.2% | 6.6% | 8.0pp | 13.6pp |
| EPS (Diluted) | $3.46 | $2.05 | $1.02 | 68.8% | 239.2% |
| Free Cash Flow | $352M | $311M | $362M | 13.1% | -2.8% |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $96M |
| GROSS PROFIT | $3.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $294M |
| SG&A Expenses | $294M |
| Other Expenses | $1.9B |
| Operating Expenses | $2.2B |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | $886M |
| Interest Income | $0 |
| Interest Expense | $49M |
| Other Income/Expenses | -$72M |
| INCOME BEFORE TAX | $815M |
| Income Tax Expense | $169M |
| Net Income from Continuing Ops | $646M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $646M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $646M |
| D&A | $31M |
| EBIT | $864M |
| EBITDA | $894M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $96M |
| GROSS PROFIT | $3.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $294M |
| SG&A Expenses | $294M |
| Other Expenses | $1.9B |
| Operating Expenses | $2.2B |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | $886M |
| Interest Income | $0 |
| Interest Expense | $49M |
| Other Income/Expenses | -$72M |
| INCOME BEFORE TAX | $815M |
| Income Tax Expense | $169M |
| Net Income from Continuing Ops | $646M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $646M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $646M |
| D&A | $31M |
| EBIT | $864M |
| EBITDA | $894M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $646M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | -$64M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$46M |
| Change in Working Capital | -$177M |
| OPERATING CASH FLOW | $390M |
| Capital Expenditure | -$38M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$758M |
| Sales/Maturities of Investments | $561M |
| Other Investing Activities | $116M |
| NET CASH FROM INVESTING | -$120M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$200M |
| Common Dividends Paid | -$78M |
| Other Financing Activities | $37M |
| NET CASH FROM FINANCING | -$240M |
| FREE CASH FLOW | $352M |
| Net Change in Cash | $31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $163M |
| Short-Term Investments | $0 |
| Net Receivables | $1.5B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $495M |
| Goodwill | $352M |
| Intangible Assets | $0 |
| Long-Term Investments | $47.3B |
| Tax Assets | $432M |
| Other Non-Current Assets | $13.9B |
| TOTAL NON-CURRENT ASSETS | $62.5B |
| TOTAL ASSETS | $64.1B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $475M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $475M |
| Long-Term Debt | $3.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $29M |
| Other Non-Current Liabilities | $49.2B |
| TOTAL NON-CURRENT LIABILITIES | $52.7B |
| TOTAL LIABILITIES | $53.2B |
| Common Stock | $20M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $12.6B |
| Treasury Stock | -$544M |
| Accum. Other Comp. Income | -$2.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $11.0B |
| TOTAL LIABILITIES & EQUITY | $64.1B |
| Total Debt | $3.5B |
| Net Debt | $3.3B |
