| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.8B | $3.6B | $2.7B | 5.0% | 39.1% |
| Op. Income | $388M | $445M | $846M | -12.8% | -54.1% |
| Gross Margin | 49.9% | 53.7% | 79.2% | -3.8pp | -29.3pp |
| Net Margin | 8.4% | 7.7% | 24.0% | 0.7pp | -15.6pp |
| EPS (Diluted) | $0.96 | $0.83 | $1.86 | 15.7% | -48.4% |
| Free Cash Flow | $691M | $481M | $695M | 43.7% | -0.6% |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $78M |
| General & Administrative | $782M |
| SG&A Expenses | $860M |
| Other Expenses | $650M |
| Operating Expenses | $1.5B |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $388M |
| Interest Income | $3.3B |
| Interest Expense | $1.5B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $388M |
| Income Tax Expense | $68M |
| Net Income from Continuing Ops | $320M |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $319M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $291M |
| D&A | $317M |
| EBIT | $388M |
| EBITDA | $705M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $78M |
| General & Administrative | $782M |
| SG&A Expenses | $860M |
| Other Expenses | $650M |
| Operating Expenses | $1.5B |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $388M |
| Interest Income | $3.3B |
| Interest Expense | $1.5B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $388M |
| Income Tax Expense | $68M |
| Net Income from Continuing Ops | $320M |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $319M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $291M |
| D&A | $317M |
| EBIT | $388M |
| EBITDA | $705M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $319M |
| Depreciation & Amortization | $317M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $592M |
| Change in Working Capital | $204M |
| OPERATING CASH FLOW | $1.4B |
| Capital Expenditure | -$741M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$199M |
| Sales/Maturities of Investments | $886M |
| Other Investing Activities | -$328M |
| NET CASH FROM INVESTING | -$382M |
| Net Debt Issuance | $1.8B |
| Common Stock Repurchased | -$27M |
| Common Dividends Paid | -$96M |
| Other Financing Activities | $1.7B |
| NET CASH FROM FINANCING | $3.3B |
| FREE CASH FLOW | $691M |
| Net Change in Cash | $4.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.8B |
| Short-Term Investments | $24.6B |
| Net Receivables | $960M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $35.3B |
| PP&E (Net) | $11.6B |
| Goodwill | $822M |
| Intangible Assets | $91M |
| Long-Term Investments | $141.6B |
| Tax Assets | $1.0B |
| Other Non-Current Assets | $5.7B |
| TOTAL NON-CURRENT ASSETS | $160.9B |
| TOTAL ASSETS | $196.2B |
| Account Payables | $1.3B |
| Short-Term Debt | $6.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $154.0B |
| TOTAL CURRENT LIABILITIES | $161.7B |
| Long-Term Debt | $15.6B |
| Deferred Revenue NC | $168M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.2B |
| TOTAL NON-CURRENT LIABILITIES | $21.1B |
| TOTAL LIABILITIES | $182.8B |
| Common Stock | $21.9B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$185M |
| Treasury Stock | -$6.9B |
| Accum. Other Comp. Income | -$3.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $13.4B |
| TOTAL LIABILITIES & EQUITY | $196.2B |
| Total Debt | $22.1B |
| Net Debt | $12.3B |
