| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.8B | $4.0B | $5.1B | 20.1% | -6.2% |
| Op. Income | $1.3B | $524M | $1.3B | 156.1% | 3.7% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | 24.6% | 4.6% | 20.3% | 20.0pp | 4.3pp |
| EPS (Diluted) | $1.93 | $0.31 | $1.58 | 522.6% | 22.2% |
| Free Cash Flow | $890M | $1.0B | $1.3B | -13.8% | -29.4% |
| Item | Amount |
|---|---|
| REVENUE | $4.8B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $4.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $3.5B |
| Operating Expenses | $3.5B |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | $1.3B |
| Interest Income | $0 |
| Interest Expense | $48M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $154M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $0 |
| EBIT | $1.3B |
| EBITDA | $1.3B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $4.8B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $4.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $3.5B |
| Operating Expenses | $3.5B |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | $1.3B |
| Interest Income | $0 |
| Interest Expense | $48M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $154M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $0 |
| EBIT | $1.3B |
| EBITDA | $1.3B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $1.2B |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$427M |
| Change in Working Capital | $129M |
| OPERATING CASH FLOW | $890M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3.0B |
| Sales/Maturities of Investments | $1.1B |
| Other Investing Activities | $1.8B |
| NET CASH FROM INVESTING | -$77M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$700M |
| Common Dividends Paid | -$248M |
| Other Financing Activities | $13M |
| NET CASH FROM FINANCING | -$933M |
| FREE CASH FLOW | $890M |
| Net Change in Cash | -$134M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.8B |
| Short-Term Investments | $78.1B |
| Net Receivables | $789M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $82.7B |
| PP&E (Net) | $528M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | -$78.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $129.8B |
| TOTAL NON-CURRENT ASSETS | $52.3B |
| TOTAL ASSETS | $135.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $7.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $107.8B |
| TOTAL NON-CURRENT LIABILITIES | $115.2B |
| TOTAL LIABILITIES | $115.2B |
| Common Stock | $135M |
| Additional Paid-In Capital | $2.7B |
| Retained Earnings | $45.6B |
| Treasury Stock | -$21.3B |
| Accum. Other Comp. Income | -$7.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $19.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $19.8B |
| TOTAL LIABILITIES & EQUITY | $135.0B |
| Total Debt | $7.4B |
| Net Debt | $3.6B |
