| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.1B | $4.0B | — | 1.4% | — |
| Op. Income | $984M | $1.1B | — | -12.7% | — |
| Gross Margin | 50.4% | 53.5% | — | -3.1pp | — |
| Net Margin | 18.2% | 21.9% | — | -3.7pp | — |
| EPS (Diluted) | $0.05 | $0.06 | — | -17.9% | — |
| Free Cash Flow | -$60M | $2.4B | — | -102.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $4.1B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $922M |
| General & Administrative | $268M |
| SG&A Expenses | $1.2B |
| Other Expenses | -$116M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $984M |
| Interest Income | $16M |
| Interest Expense | $26M |
| Other Income/Expenses | -$83M |
| INCOME BEFORE TAX | $902M |
| Income Tax Expense | $135M |
| Net Income from Continuing Ops | $766M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $20.1K |
| NET INCOME | $745M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $745M |
| D&A | $329M |
| EBIT | $1.0B |
| EBITDA | $1.3B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.1B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $922M |
| General & Administrative | $268M |
| SG&A Expenses | $1.2B |
| Other Expenses | -$116M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $984M |
| Interest Income | $16M |
| Interest Expense | $26M |
| Other Income/Expenses | -$83M |
| INCOME BEFORE TAX | $902M |
| Income Tax Expense | $135M |
| Net Income from Continuing Ops | $766M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $20.1K |
| NET INCOME | $745M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $745M |
| D&A | $329M |
| EBIT | $1.0B |
| EBITDA | $1.3B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $745M |
| Depreciation & Amortization | $329M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$150M |
| Change in Working Capital | -$800M |
| OPERATING CASH FLOW | $145M |
| Capital Expenditure | -$205M |
| Acquisitions (Net) | -$56.0K |
| Purchases of Investments | -$161M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | -$359M |
| Net Debt Issuance | $6M |
| Common Stock Repurchased | -$15M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$455M |
| NET CASH FROM FINANCING | -$464M |
| FREE CASH FLOW | -$60M |
| Net Change in Cash | -$648M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.6B |
| Short-Term Investments | $217M |
| Net Receivables | $1.1B |
| Inventory | $2.1B |
| Other Current Assets | $966M |
| TOTAL CURRENT ASSETS | $7.0B |
| PP&E (Net) | $5.6B |
| Goodwill | $7.9B |
| Intangible Assets | $2.2B |
| Long-Term Investments | $109M |
| Tax Assets | $1.7B |
| Other Non-Current Assets | $2.6B |
| TOTAL NON-CURRENT ASSETS | $20.0B |
| TOTAL ASSETS | $27.0B |
| Account Payables | $4.4B |
| Short-Term Debt | $110M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $614M |
| TOTAL CURRENT LIABILITIES | $7.0B |
| Long-Term Debt | $73M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $749M |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $9.4B |
| Common Stock | $11.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $19.9B |
| Other Equity | -$15.5B |
| TOTAL STOCKHOLDERS' EQUITY | $17.4B |
| Minority Interest | $158M |
| TOTAL EQUITY | $17.6B |
| TOTAL LIABILITIES & EQUITY | $27.0B |
| Total Debt | $769M |
| Net Debt | -$1.8B |
