| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.8B | $8.6B | $8.0B | 1.6% | 9.9% |
| Op. Income | $5.4B | $6.0B | $5.3B | -10.1% | 0.3% |
| Gross Margin | 79.6% | 80.8% | 78.8% | -1.2pp | 0.8pp |
| Net Margin | 53.1% | 56.6% | 53.3% | -3.5pp | -0.2pp |
| EPS (Diluted) | $2.29 | $2.39 | $2.03 | -4.2% | 12.8% |
| Free Cash Flow | $4.3B | $3.3B | $3.6B | 27.2% | 16.6% |
| Item | Amount |
|---|---|
| REVENUE | $8.8B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $7.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $338M |
| General & Administrative | $612M |
| SG&A Expenses | $950M |
| Other Expenses | $679M |
| Operating Expenses | $1.6B |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $5.4B |
| Interest Income | $0 |
| Interest Expense | $82M |
| Other Income/Expenses | $159M |
| INCOME BEFORE TAX | $5.5B |
| Income Tax Expense | $850M |
| Net Income from Continuing Ops | $4.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.7B |
| D&A | $249M |
| EBIT | $5.6B |
| EBITDA | $5.8B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $8.8B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $7.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $338M |
| General & Administrative | $612M |
| SG&A Expenses | $950M |
| Other Expenses | $679M |
| Operating Expenses | $1.6B |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $5.4B |
| Interest Income | $0 |
| Interest Expense | $82M |
| Other Income/Expenses | $159M |
| INCOME BEFORE TAX | $5.5B |
| Income Tax Expense | $850M |
| Net Income from Continuing Ops | $4.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.7B |
| D&A | $249M |
| EBIT | $5.6B |
| EBITDA | $5.8B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $4.7B |
| Depreciation & Amortization | $249M |
| Stock-Based Compensation | $242M |
| Deferred Income Tax | -$127M |
| Other Non-Cash Items | $3.3B |
| Change in Working Capital | -$3.8B |
| OPERATING CASH FLOW | $4.5B |
| Capital Expenditure | -$281M |
| Acquisitions (Net) | -$915M |
| Purchases of Investments | -$946M |
| Sales/Maturities of Investments | $1.0B |
| Other Investing Activities | -$42M |
| NET CASH FROM INVESTING | -$1.2B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2.8B |
| Common Dividends Paid | -$1.1B |
| Other Financing Activities | -$56M |
| NET CASH FROM FINANCING | -$3.9B |
| FREE CASH FLOW | $4.3B |
| Net Change in Cash | -$688M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13.0B |
| Short-Term Investments | $4.7B |
| Net Receivables | $5.8B |
| Inventory | $0 |
| Other Current Assets | $9.2B |
| TOTAL CURRENT ASSETS | $32.8B |
| PP&E (Net) | $3.6B |
| Goodwill | $18.8B |
| Intangible Assets | $26.4B |
| Long-Term Investments | $3.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $7.7B |
| TOTAL NON-CURRENT ASSETS | $59.6B |
| TOTAL ASSETS | $92.4B |
| Account Payables | $338M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $22.0B |
| TOTAL CURRENT LIABILITIES | $23.4B |
| Long-Term Debt | $20.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5.1B |
| Other Non-Current Liabilities | $2.7B |
| TOTAL NON-CURRENT LIABILITIES | $28.5B |
| TOTAL LIABILITIES | $51.9B |
| Common Stock | $0 |
| Additional Paid-In Capital | $20.7B |
| Retained Earnings | $19.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $40.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $40.5B |
| TOTAL LIABILITIES & EQUITY | $92.4B |
| Total Debt | $20.6B |
| Net Debt | $7.6B |
