| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.9B | $3.8B | $2.7B | 3.8% | 44.1% |
| Op. Income | $403M | $388M | $634M | 3.9% | -36.4% |
| Gross Margin | 46.6% | 49.9% | 71.8% | -3.4pp | -25.3pp |
| Net Margin | 8.3% | 8.4% | 17.6% | -0.1pp | -9.3pp |
| EPS (Diluted) | $0.99 | $0.96 | $1.40 | 3.1% | -29.3% |
| Free Cash Flow | $828M | $691M | $978M | 19.8% | -15.3% |
| Item | Amount |
|---|---|
| REVENUE | $3.9B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $79M |
| General & Administrative | $740M |
| SG&A Expenses | $819M |
| Other Expenses | $615M |
| Operating Expenses | $1.4B |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | $403M |
| Interest Income | $3.5B |
| Interest Expense | $1.7B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $403M |
| Income Tax Expense | $74M |
| Net Income from Continuing Ops | $329M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $329M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $301M |
| D&A | $296M |
| EBIT | $403M |
| EBITDA | $699M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.9B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $79M |
| General & Administrative | $740M |
| SG&A Expenses | $819M |
| Other Expenses | $615M |
| Operating Expenses | $1.4B |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | $403M |
| Interest Income | $3.5B |
| Interest Expense | $1.7B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $403M |
| Income Tax Expense | $74M |
| Net Income from Continuing Ops | $329M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $329M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $301M |
| D&A | $296M |
| EBIT | $403M |
| EBITDA | $699M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $329M |
| Depreciation & Amortization | $296M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $505M |
| Change in Working Capital | $458M |
| OPERATING CASH FLOW | $1.6B |
| Capital Expenditure | -$760M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$227M |
| Sales/Maturities of Investments | $630M |
| Other Investing Activities | -$1.7B |
| NET CASH FROM INVESTING | -$2.1B |
| Net Debt Issuance | $383M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$91M |
| Other Financing Activities | $288M |
| NET CASH FROM FINANCING | $550M |
| FREE CASH FLOW | $828M |
| Net Change in Cash | $43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.0B |
| Short-Term Investments | $23.7B |
| Net Receivables | $1.0B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $34.6B |
| PP&E (Net) | $11.3B |
| Goodwill | $822M |
| Intangible Assets | $85M |
| Long-Term Investments | $143.7B |
| Tax Assets | $1.1B |
| Other Non-Current Assets | $5.6B |
| TOTAL NON-CURRENT ASSETS | $162.6B |
| TOTAL ASSETS | $197.2B |
| Account Payables | $1.5B |
| Short-Term Debt | $7.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $154.3B |
| TOTAL CURRENT LIABILITIES | $163.1B |
| Long-Term Debt | $15.0B |
| Deferred Revenue NC | $165M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.3B |
| TOTAL NON-CURRENT LIABILITIES | $20.6B |
| TOTAL LIABILITIES | $183.7B |
| Common Stock | $21.9B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $23M |
| Treasury Stock | -$6.9B |
| Accum. Other Comp. Income | -$3.9B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $13.5B |
| TOTAL LIABILITIES & EQUITY | $197.2B |
| Total Debt | $22.5B |
| Net Debt | $12.5B |
