| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.8B | $3.6B | — | 3.8% | — |
| Op. Income | $3.6B | $3.5B | — | 4.1% | — |
| Gross Margin | 100.0% | 100.0% | — | 0.0pp | — |
| Net Margin | -0.8% | 0.4% | — | -1.2pp | — |
| EPS (Diluted) | $-0.02 | $-0.04 | — | 57.5% | — |
| Free Cash Flow | $365M | -$137M | — | 367.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $3.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $179M |
| Other Expenses | $0 |
| Operating Expenses | $179M |
| Cost & Expenses | $179M |
| OPERATING INCOME | $3.6B |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$3.7B |
| INCOME BEFORE TAX | -$79M |
| Income Tax Expense | -$41M |
| Net Income from Continuing Ops | -$38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$30M |
| Net Income Deductions | $23M |
| BOTTOM LINE NET INCOME | -$53M |
| D&A | $0 |
| EBIT | $7.2B |
| EBITDA | $3.7B |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$30M |
| Depreciation & Amortization | -$22M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3.1B |
| Change in Working Capital | $3.5B |
| OPERATING CASH FLOW | $378M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | -$24M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $102M |
| NET CASH FROM INVESTING | $65M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$421M |
| Common Dividends Paid | -$20M |
| Other Financing Activities | -$131M |
| NET CASH FROM FINANCING | -$572M |
| FREE CASH FLOW | $365M |
| Net Change in Cash | -$103M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.6B |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.6B |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $666M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $364.1B |
| TOTAL NON-CURRENT ASSETS | $364.8B |
| TOTAL ASSETS | $369.3B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $5.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $353.8B |
| TOTAL NON-CURRENT LIABILITIES | $359.2B |
| TOTAL LIABILITIES | $359.2B |
| Common Stock | $310M |
| Additional Paid-In Capital | $8.0B |
| Retained Earnings | $4.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.9B |
| Minority Interest | $141M |
| TOTAL EQUITY | $10.1B |
| TOTAL LIABILITIES & EQUITY | $369.3B |
| Total Debt | $5.4B |
| Net Debt | $851M |
