| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10.8B | $10.8B | $10.5B | -0.1% | 2.5% |
| Op. Income | $2.1B | $2.1B | $2.0B | 0.8% | 6.0% |
| Gross Margin | 58.2% | 58.1% | 61.7% | 0.1pp | -3.5pp |
| Net Margin | 15.9% | 14.8% | 14.5% | 1.1pp | 1.4pp |
| EPS (Diluted) | $1.03 | $0.97 | $0.91 | 6.2% | 13.2% |
| Free Cash Flow | $972M | $2.9B | $3.9B | -66.2% | -74.9% |
| Item | Amount |
|---|---|
| REVENUE | $10.8B |
| Cost of Revenue | $4.5B |
| GROSS PROFIT | $6.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $165M |
| General & Administrative | $2.6B |
| SG&A Expenses | $2.8B |
| Other Expenses | $1.4B |
| Operating Expenses | $4.2B |
| Cost & Expenses | $8.7B |
| OPERATING INCOME | $2.1B |
| Interest Income | $8.1B |
| Interest Expense | $4.0B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | $350M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.6B |
| D&A | $231M |
| EBIT | $2.1B |
| EBITDA | $2.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $10.8B |
| Cost of Revenue | $4.5B |
| GROSS PROFIT | $6.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $165M |
| General & Administrative | $2.6B |
| SG&A Expenses | $2.8B |
| Other Expenses | $1.4B |
| Operating Expenses | $4.2B |
| Cost & Expenses | $8.7B |
| OPERATING INCOME | $2.1B |
| Interest Income | $8.1B |
| Interest Expense | $4.0B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | $350M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.6B |
| D&A | $231M |
| EBIT | $2.1B |
| EBITDA | $2.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.7B |
| Depreciation & Amortization | $231M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $233M |
| Change in Working Capital | -$1.2B |
| OPERATING CASH FLOW | $972M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$9.2B |
| Sales/Maturities of Investments | $12.5B |
| Other Investing Activities | -$1.7B |
| NET CASH FROM INVESTING | $1.6B |
| Net Debt Issuance | $8.7B |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$768M |
| Other Financing Activities | -$2.7B |
| NET CASH FROM FINANCING | $5.1B |
| FREE CASH FLOW | $972M |
| Net Change in Cash | $7.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $73.6B |
| Short-Term Investments | $82.1B |
| Net Receivables | $8.2B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $163.9B |
| PP&E (Net) | $3.6B |
| Goodwill | $12.6B |
| Intangible Assets | $5.5B |
| Long-Term Investments | $440.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $60.0B |
| TOTAL NON-CURRENT ASSETS | $522.6B |
| TOTAL ASSETS | $686.5B |
| Account Payables | $0 |
| Short-Term Debt | $23.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $521.1B |
| TOTAL CURRENT LIABILITIES | $544.8B |
| Long-Term Debt | $54.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $27.5B |
| TOTAL NON-CURRENT LIABILITIES | $82.3B |
| TOTAL LIABILITIES | $627.1B |
| Common Stock | $21M |
| Additional Paid-In Capital | $8.7B |
| Retained Earnings | $76.1B |
| Treasury Stock | -$24.0B |
| Accum. Other Comp. Income | -$8.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $58.9B |
| Minority Interest | $462M |
| TOTAL EQUITY | $59.3B |
| TOTAL LIABILITIES & EQUITY | $686.5B |
| Total Debt | $78.5B |
| Net Debt | $5.0B |
