| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.9B | $3.8B | $3.1B | 2.4% | 24.4% |
| Op. Income | $1.1B | $1.1B | $694M | -1.7% | 53.7% |
| Gross Margin | 39.8% | 39.8% | 35.7% | -0.0pp | 4.1pp |
| Net Margin | 28.9% | 61.6% | 22.9% | -32.8pp | 5.9pp |
| EPS (Diluted) | $2.92 | $6.12 | $1.87 | -52.3% | 56.1% |
| Free Cash Flow | $1.5B | $1.6B | $952M | -6.1% | 62.7% |
| Item | Amount |
|---|---|
| REVENUE | $3.9B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $46M |
| SG&A Expenses | $46M |
| Other Expenses | $430M |
| Operating Expenses | $476M |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $1.1B |
| Interest Income | $8M |
| Interest Expense | $34M |
| Other Income/Expenses | $154M |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $101M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $21M |
| EBIT | $1.2B |
| EBITDA | $1.2B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $3.9B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $46M |
| SG&A Expenses | $46M |
| Other Expenses | $430M |
| Operating Expenses | $476M |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $1.1B |
| Interest Income | $8M |
| Interest Expense | $34M |
| Other Income/Expenses | $154M |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $101M |
| Net Income from Continuing Ops | $1.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $21M |
| EBIT | $1.2B |
| EBITDA | $1.2B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $1.1B |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $68M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$164M |
| Change in Working Capital | $519M |
| OPERATING CASH FLOW | $1.6B |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$9.4B |
| Sales/Maturities of Investments | $8.1B |
| Other Investing Activities | -$54M |
| NET CASH FROM INVESTING | -$1.4B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$32M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$42M |
| FREE CASH FLOW | $1.5B |
| Net Change in Cash | $102M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $993M |
| Short-Term Investments | $7.9B |
| Net Receivables | $15.2B |
| Inventory | $0 |
| Other Current Assets | -$26.7B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $778M |
| Long-Term Investments | $34.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$35.3B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $62.8B |
| Account Payables | $4.4B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$4.4B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$2.7B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $43.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $21.4B |
| Treasury Stock | -$4.5B |
| Accum. Other Comp. Income | -$821M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $19.4B |
| Minority Interest | $2M |
| TOTAL EQUITY | $19.4B |
| TOTAL LIABILITIES & EQUITY | $62.8B |
| Total Debt | $2.7B |
| Net Debt | $1.7B |
