| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $89.5B | $81.8B | $90.1B | 9.4% | -0.7% |
| Op. Income | $27.0B | $23.0B | $24.9B | 17.3% | 8.3% |
| Gross Margin | 45.2% | 44.5% | 42.3% | 0.7pp | 2.9pp |
| Net Margin | 25.6% | 24.3% | 23.0% | 1.3pp | 2.7pp |
| EPS (Diluted) | $1.46 | $1.26 | $1.29 | 15.9% | 13.2% |
| Free Cash Flow | $19.4B | $24.3B | $20.8B | -20.0% | -6.7% |
| Item | Amount |
|---|---|
| REVENUE | $89.5B |
| Cost of Revenue | $49.1B |
| GROSS PROFIT | $40.4B |
| R&D Expenses | $7.3B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6.2B |
| Other Expenses | $0 |
| Operating Expenses | $13.5B |
| Cost & Expenses | $62.5B |
| OPERATING INCOME | $27.0B |
| Interest Income | $984M |
| Interest Expense | $1.0B |
| Other Income/Expenses | $29M |
| INCOME BEFORE TAX | $27.0B |
| Income Tax Expense | $4.0B |
| Net Income from Continuing Ops | $23.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23.0B |
| D&A | $2.7B |
| EBIT | $28.0B |
| EBITDA | $30.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $89.5B |
| Cost of Revenue | $49.1B |
| GROSS PROFIT | $40.4B |
| R&D Expenses | $7.3B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6.2B |
| Other Expenses | $0 |
| Operating Expenses | $13.5B |
| Cost & Expenses | $62.5B |
| OPERATING INCOME | $27.0B |
| Interest Income | $984M |
| Interest Expense | $1.0B |
| Other Income/Expenses | $29M |
| INCOME BEFORE TAX | $27.0B |
| Income Tax Expense | $4.0B |
| Net Income from Continuing Ops | $23.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23.0B |
| D&A | $2.7B |
| EBIT | $28.0B |
| EBITDA | $30.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $23.0B |
| Depreciation & Amortization | $2.7B |
| Stock-Based Compensation | $2.6B |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$576M |
| Change in Working Capital | -$6.1B |
| OPERATING CASH FLOW | $21.6B |
| Capital Expenditure | -$2.2B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$8.6B |
| Sales/Maturities of Investments | $13.7B |
| Other Investing Activities | -$584M |
| NET CASH FROM INVESTING | $2.4B |
| Net Debt Issuance | $2.0B |
| Common Stock Repurchased | -$21.0B |
| Common Dividends Paid | -$3.8B |
| Other Financing Activities | -$385M |
| NET CASH FROM FINANCING | -$23.2B |
| FREE CASH FLOW | $19.4B |
| Net Change in Cash | $839M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30.0B |
| Short-Term Investments | $31.6B |
| Net Receivables | $61.0B |
| Inventory | $6.3B |
| Other Current Assets | $14.7B |
| TOTAL CURRENT ASSETS | $143.6B |
| PP&E (Net) | $54.4B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $100.5B |
| Tax Assets | $17.9B |
| Other Non-Current Assets | $36.2B |
| TOTAL NON-CURRENT ASSETS | $209.0B |
| TOTAL ASSETS | $352.6B |
| Account Payables | $62.6B |
| Short-Term Debt | $15.8B |
| Deferred Revenue | $8.1B |
| Other Current Liabilities | $48.4B |
| TOTAL CURRENT LIABILITIES | $145.3B |
| Long-Term Debt | $95.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $38.6B |
| TOTAL NON-CURRENT LIABILITIES | $145.1B |
| TOTAL LIABILITIES | $290.4B |
| Common Stock | $73.8B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$214M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$11.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $62.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $62.1B |
| TOTAL LIABILITIES & EQUITY | $352.6B |
| Total Debt | $123.9B |
| Net Debt | $94.0B |
