| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $31.6B | $31.5B | — | 0.6% | — |
| Op. Income | $6.2B | $5.6B | — | 10.3% | — |
| Gross Margin | 61.5% | 63.3% | — | -1.8pp | — |
| Net Margin | 15.5% | 14.7% | — | 0.8pp | — |
| EPS (Diluted) | $1.33 | $1.20 | — | 10.8% | — |
| Free Cash Flow | $2.0B | -$12.1B | — | 116.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $31.6B |
| Cost of Revenue | $12.2B |
| GROSS PROFIT | $19.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $224M |
| General & Administrative | $8.6B |
| SG&A Expenses | $8.8B |
| Other Expenses | $4.5B |
| Operating Expenses | $13.3B |
| Cost & Expenses | $25.5B |
| OPERATING INCOME | $6.2B |
| Interest Income | $22.9B |
| Interest Expense | $11.0B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6.2B |
| Income Tax Expense | $1.3B |
| 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 | $4.6B |
| D&A | $2.0B |
| EBIT | $6.2B |
| EBITDA | $8.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $31.6B |
| Cost of Revenue | $12.2B |
| GROSS PROFIT | $19.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $224M |
| General & Administrative | $8.6B |
| SG&A Expenses | $8.8B |
| Other Expenses | $4.5B |
| Operating Expenses | $13.3B |
| Cost & Expenses | $25.5B |
| OPERATING INCOME | $6.2B |
| Interest Income | $22.9B |
| Interest Expense | $11.0B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6.2B |
| Income Tax Expense | $1.3B |
| 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 | $4.6B |
| D&A | $2.0B |
| EBIT | $6.2B |
| EBITDA | $8.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $4.9B |
| Depreciation & Amortization | $2.0B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$919M |
| Other Non-Cash Items | -$1.7B |
| Change in Working Capital | -$2.2B |
| OPERATING CASH FLOW | $2.0B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$21.2B |
| Sales/Maturities of Investments | $17.0B |
| Other Investing Activities | -$10.4B |
| NET CASH FROM INVESTING | -$14.6B |
| Net Debt Issuance | $1.6B |
| Common Stock Repurchased | -$8.0B |
| Common Dividends Paid | -$1.2B |
| Other Financing Activities | -$17.3B |
| NET CASH FROM FINANCING | -$25.3B |
| FREE CASH FLOW | $2.0B |
| Net Change in Cash | -$37.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $232.0B |
| Short-Term Investments | $146.3B |
| Net Receivables | $44.5B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $422.7B |
| PP&E (Net) | $18.9B |
| Goodwill | $25.2B |
| Intangible Assets | $8.0B |
| Long-Term Investments | $1.2T |
| Tax Assets | $0 |
| Other Non-Current Assets | $251.3B |
| TOTAL NON-CURRENT ASSETS | $1.5T |
| TOTAL ASSETS | $1.9T |
| Account Payables | $0 |
| Short-Term Debt | $118.8B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.4T |
| TOTAL CURRENT LIABILITIES | $1.5T |
| Long-Term Debt | $179.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $98.1B |
| TOTAL NON-CURRENT LIABILITIES | $277.2B |
| TOTAL LIABILITIES | $1.8T |
| Common Stock | $9.1B |
| Additional Paid-In Capital | $60.4B |
| Retained Earnings | $207.3B |
| Treasury Stock | -$104.2B |
| Accum. Other Comp. Income | -$12.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $176.4B |
| Minority Interest | $1.7B |
| TOTAL EQUITY | $178.1B |
| TOTAL LIABILITIES & EQUITY | $1.9T |
| Total Debt | $298.0B |
| Net Debt | $65.9B |
