| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $119.6B | $89.5B | $117.2B | 33.6% | 2.1% |
| Op. Income | $40.4B | $27.0B | $36.0B | 49.7% | 12.1% |
| Gross Margin | 45.9% | 45.2% | 43.0% | 0.7pp | 2.9pp |
| Net Margin | 28.4% | 25.6% | 25.6% | 2.7pp | 2.8pp |
| EPS (Diluted) | $2.18 | $1.46 | $1.88 | 49.3% | 16.0% |
| Free Cash Flow | $37.5B | $19.4B | $30.2B | 93.0% | 24.1% |
| Item | Amount |
|---|---|
| REVENUE | $119.6B |
| Cost of Revenue | $64.7B |
| GROSS PROFIT | $54.9B |
| R&D Expenses | $7.7B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6.8B |
| Other Expenses | $0 |
| Operating Expenses | $14.5B |
| Cost & Expenses | $79.2B |
| OPERATING INCOME | $40.4B |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$50M |
| INCOME BEFORE TAX | $40.3B |
| Income Tax Expense | $6.4B |
| Net Income from Continuing Ops | $33.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33.9B |
| D&A | $2.8B |
| EBIT | $40.3B |
| EBITDA | $43.2B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $119.6B |
| Cost of Revenue | $64.7B |
| GROSS PROFIT | $54.9B |
| R&D Expenses | $7.7B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6.8B |
| Other Expenses | $0 |
| Operating Expenses | $14.5B |
| Cost & Expenses | $79.2B |
| OPERATING INCOME | $40.4B |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$50M |
| INCOME BEFORE TAX | $40.3B |
| Income Tax Expense | $6.4B |
| Net Income from Continuing Ops | $33.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33.9B |
| D&A | $2.8B |
| EBIT | $40.3B |
| EBITDA | $43.2B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $33.9B |
| Depreciation & Amortization | $2.8B |
| Stock-Based Compensation | $3.0B |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$989M |
| Change in Working Capital | $1.1B |
| OPERATING CASH FLOW | $39.9B |
| Capital Expenditure | -$2.4B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$9.8B |
| Sales/Maturities of Investments | $14.4B |
| Other Investing Activities | -$284M |
| NET CASH FROM INVESTING | $1.9B |
| Net Debt Issuance | -$4.0B |
| Common Stock Repurchased | -$20.1B |
| Common Dividends Paid | -$3.8B |
| Other Financing Activities | -$2.6B |
| NET CASH FROM FINANCING | -$30.6B |
| FREE CASH FLOW | $37.5B |
| Net Change in Cash | $11.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $40.8B |
| Short-Term Investments | $32.3B |
| Net Receivables | $50.1B |
| Inventory | $6.5B |
| Other Current Assets | $14.0B |
| TOTAL CURRENT ASSETS | $143.7B |
| PP&E (Net) | $43.7B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $99.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $66.7B |
| TOTAL NON-CURRENT ASSETS | $209.8B |
| TOTAL ASSETS | $353.5B |
| Account Payables | $58.1B |
| Short-Term Debt | $13.0B |
| Deferred Revenue | $8.3B |
| Other Current Liabilities | $54.6B |
| TOTAL CURRENT LIABILITIES | $134.0B |
| Long-Term Debt | $95.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $50.4B |
| TOTAL NON-CURRENT LIABILITIES | $145.4B |
| TOTAL LIABILITIES | $279.4B |
| Common Stock | $75.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $8.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$9.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $74.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $74.1B |
| TOTAL LIABILITIES & EQUITY | $353.5B |
| Total Debt | $108.0B |
| Net Debt | $67.3B |
