| Metric | Q3 2024 | Q2 2024 | Q3 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.9B | $8.8B | $8.1B | 1.4% | 9.6% |
| Op. Income | $5.9B | $5.4B | $5.0B | 10.9% | 18.2% |
| Gross Margin | 80.1% | 79.6% | 79.5% | 0.5pp | 0.6pp |
| Net Margin | 54.7% | 53.1% | 51.2% | 1.6pp | 3.6pp |
| EPS (Diluted) | $2.40 | $2.29 | $2.00 | 4.8% | 20.0% |
| Free Cash Flow | $4.7B | $4.3B | $5.5B | 11.2% | -14.0% |
| Item | Amount |
|---|---|
| REVENUE | $8.9B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $7.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $378M |
| General & Administrative | $534M |
| SG&A Expenses | $912M |
| Other Expenses | $277M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $5.9B |
| Interest Income | $0 |
| Interest Expense | $196M |
| Other Income/Expenses | $51M |
| INCOME BEFORE TAX | $6.0B |
| Income Tax Expense | $1.1B |
| Net Income from Continuing Ops | $4.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.9B |
| D&A | $264M |
| EBIT | $6.2B |
| EBITDA | $6.4B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $8.9B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $7.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $378M |
| General & Administrative | $534M |
| SG&A Expenses | $912M |
| Other Expenses | $277M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $5.9B |
| Interest Income | $0 |
| Interest Expense | $196M |
| Other Income/Expenses | $51M |
| INCOME BEFORE TAX | $6.0B |
| Income Tax Expense | $1.1B |
| Net Income from Continuing Ops | $4.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.9B |
| D&A | $264M |
| EBIT | $6.2B |
| EBITDA | $6.4B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $4.9B |
| Depreciation & Amortization | $264M |
| Stock-Based Compensation | $211M |
| Deferred Income Tax | -$31M |
| Other Non-Cash Items | $3.6B |
| Change in Working Capital | -$3.8B |
| OPERATING CASH FLOW | $5.1B |
| Capital Expenditure | -$400M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$762M |
| Sales/Maturities of Investments | $1.7B |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | $555M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$4.5B |
| Common Dividends Paid | -$1.1B |
| Other Financing Activities | $188M |
| NET CASH FROM FINANCING | -$5.3B |
| FREE CASH FLOW | $4.7B |
| Net Change in Cash | $328M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12.9B |
| Short-Term Investments | $3.7B |
| Net Receivables | $4.6B |
| Inventory | $0 |
| Other Current Assets | $9.7B |
| TOTAL CURRENT ASSETS | $31.0B |
| PP&E (Net) | $3.8B |
| Goodwill | $18.8B |
| Intangible Assets | $26.2B |
| Long-Term Investments | $3.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $8.1B |
| TOTAL NON-CURRENT ASSETS | $60.0B |
| TOTAL ASSETS | $91.0B |
| Account Payables | $331M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $21.0B |
| TOTAL CURRENT LIABILITIES | $22.6B |
| Long-Term Debt | $20.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5.1B |
| Other Non-Current Liabilities | $3.0B |
| TOTAL NON-CURRENT LIABILITIES | $28.7B |
| TOTAL LIABILITIES | $51.3B |
| Common Stock | $0 |
| Additional Paid-In Capital | $20.8B |
| Retained Earnings | $18.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $39.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $39.7B |
| TOTAL LIABILITIES & EQUITY | $91.0B |
| Total Debt | $20.6B |
| Net Debt | $7.7B |
