| Metric | Q2 2024 | Q1 2024 | Q2 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.5B | $1.4B | 7.7% | 10.1% |
| Op. Income | $470M | $331M | $421M | 41.8% | 11.7% |
| Gross Margin | 33.8% | 30.1% | 33.9% | 3.6pp | -0.2pp |
| Net Margin | 24.4% | 14.3% | 26.1% | 10.0pp | -1.7pp |
| EPS (Diluted) | $0.46 | $0.26 | $0.45 | 80.6% | 2.9% |
| Free Cash Flow | $122M | $297M | -$100M | -59.0% | 221.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $529M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $87M |
| Other Expenses | -$27M |
| Operating Expenses | $59M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $470M |
| Interest Income | $42M |
| Interest Expense | $17M |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | $479M |
| Income Tax Expense | $97M |
| Net Income from Continuing Ops | $382M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $382M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $382M |
| D&A | $0 |
| EBIT | $495M |
| EBITDA | $495M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $529M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $87M |
| Other Expenses | -$27M |
| Operating Expenses | $59M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $470M |
| Interest Income | $42M |
| Interest Expense | $17M |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | $479M |
| Income Tax Expense | $97M |
| Net Income from Continuing Ops | $382M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $382M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $382M |
| D&A | $0 |
| EBIT | $495M |
| EBITDA | $495M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $382M |
| Depreciation & Amortization | $110M |
| Stock-Based Compensation | $988.9K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $16M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $508M |
| Capital Expenditure | -$387M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$295M |
| NET CASH FROM INVESTING | -$682M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$526M |
| Other Financing Activities | $365M |
| NET CASH FROM FINANCING | -$161M |
| FREE CASH FLOW | $122M |
| Net Change in Cash | -$335M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $1.4B |
| Net Receivables | $282M |
| Inventory | $4M |
| Other Current Assets | $684M |
| TOTAL CURRENT ASSETS | $4.1B |
| PP&E (Net) | $4.9B |
| Goodwill | $620M |
| Intangible Assets | $848M |
| Long-Term Investments | $2.4B |
| Tax Assets | $124M |
| Other Non-Current Assets | $357M |
| TOTAL NON-CURRENT ASSETS | $9.2B |
| TOTAL ASSETS | $13.3B |
| Account Payables | $322M |
| Short-Term Debt | $1.5B |
| Deferred Revenue | $240M |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $3.2B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $72M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $4.4B |
| Common Stock | $76.7K |
| Additional Paid-In Capital | $3.6B |
| Retained Earnings | $5.4B |
| Treasury Stock | -$55M |
| Accum. Other Comp. Income | -$45M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.8B |
| Minority Interest | $80M |
| TOTAL EQUITY | $8.9B |
| TOTAL LIABILITIES & EQUITY | $13.3B |
| Total Debt | $2.6B |
| Net Debt | $1.1B |
