| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $94.8B | $117.2B | $97.3B | -19.1% | -2.5% |
| Op. Income | $28.3B | $36.0B | $30.0B | -21.4% | -5.5% |
| Gross Margin | 44.3% | 43.0% | 43.7% | 1.3pp | 0.5pp |
| Net Margin | 25.5% | 25.6% | 25.7% | -0.1pp | -0.2pp |
| EPS (Diluted) | $1.52 | $1.88 | $1.52 | -19.1% | 0.0% |
| Free Cash Flow | $25.6B | $30.2B | $25.7B | -15.1% | -0.0% |
| Item | Amount |
|---|---|
| REVENUE | $94.8B |
| Cost of Revenue | $52.9B |
| GROSS PROFIT | $42.0B |
| R&D Expenses | $7.5B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6.2B |
| Other Expenses | $0 |
| Operating Expenses | $13.7B |
| Cost & Expenses | $66.5B |
| OPERATING INCOME | $28.3B |
| Interest Income | $918M |
| Interest Expense | $930M |
| Other Income/Expenses | $64M |
| INCOME BEFORE TAX | $28.4B |
| Income Tax Expense | $4.2B |
| Net Income from Continuing Ops | $24.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24.2B |
| D&A | $2.9B |
| EBIT | $29.3B |
| EBITDA | $32.2B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $94.8B |
| Cost of Revenue | $52.9B |
| GROSS PROFIT | $42.0B |
| R&D Expenses | $7.5B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6.2B |
| Other Expenses | $0 |
| Operating Expenses | $13.7B |
| Cost & Expenses | $66.5B |
| OPERATING INCOME | $28.3B |
| Interest Income | $918M |
| Interest Expense | $930M |
| Other Income/Expenses | $64M |
| INCOME BEFORE TAX | $28.4B |
| Income Tax Expense | $4.2B |
| Net Income from Continuing Ops | $24.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24.2B |
| D&A | $2.9B |
| EBIT | $29.3B |
| EBITDA | $32.2B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $24.2B |
| Depreciation & Amortization | $2.9B |
| Stock-Based Compensation | $2.7B |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1.4B |
| Change in Working Capital | $231M |
| OPERATING CASH FLOW | $28.6B |
| Capital Expenditure | -$2.9B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6.0B |
| Sales/Maturities of Investments | $11.4B |
| Other Investing Activities | -$106M |
| NET CASH FROM INVESTING | $2.3B |
| Net Debt Issuance | -$2.0B |
| Common Stock Repurchased | -$19.6B |
| Common Dividends Paid | -$3.6B |
| Other Financing Activities | -$66M |
| NET CASH FROM FINANCING | -$25.7B |
| FREE CASH FLOW | $25.6B |
| Net Change in Cash | $5.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $24.7B |
| Short-Term Investments | $31.2B |
| Net Receivables | $35.9B |
| Inventory | $7.5B |
| Other Current Assets | $13.7B |
| TOTAL CURRENT ASSETS | $112.9B |
| PP&E (Net) | $43.4B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $110.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $65.4B |
| TOTAL NON-CURRENT ASSETS | $219.2B |
| TOTAL ASSETS | $332.2B |
| Account Payables | $42.9B |
| Short-Term Debt | $12.6B |
| Deferred Revenue | $8.1B |
| Other Current Liabilities | $56.4B |
| TOTAL CURRENT LIABILITIES | $120.1B |
| Long-Term Debt | $97.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $52.9B |
| TOTAL NON-CURRENT LIABILITIES | $149.9B |
| TOTAL LIABILITIES | $270.0B |
| Common Stock | $69.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $4.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$11.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $62.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $62.2B |
| TOTAL LIABILITIES & EQUITY | $332.2B |
| Total Debt | $109.6B |
| Net Debt | $84.9B |
