| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $134.4B | $127.4B | $121.2B | 5.5% | 10.8% |
| Op. Income | $7.7B | $4.8B | $3.3B | 60.9% | 131.6% |
| Gross Margin | 48.4% | 46.8% | 45.2% | 1.6pp | 3.2pp |
| Net Margin | 5.0% | 2.5% | -1.7% | 2.5pp | 6.7pp |
| EPS (Diluted) | $0.65 | $0.31 | $-0.20 | 109.7% | 425.0% |
| Free Cash Flow | $5.0B | -$9.4B | -$6.8B | 153.3% | 174.3% |
| Item | Amount |
|---|---|
| REVENUE | $134.4B |
| Cost of Revenue | $69.4B |
| GROSS PROFIT | $65.0B |
| R&D Expenses | $21.9B |
| Selling & Marketing | $10.7B |
| General & Administrative | $3.2B |
| SG&A Expenses | $13.9B |
| Other Expenses | $21.5B |
| Operating Expenses | $57.3B |
| Cost & Expenses | $126.7B |
| OPERATING INCOME | $7.7B |
| Interest Income | $661M |
| Interest Expense | $840M |
| Other Income/Expenses | -$127M |
| INCOME BEFORE TAX | $7.6B |
| Income Tax Expense | $804M |
| Net Income from Continuing Ops | $6.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6.8B |
| D&A | $11.6B |
| EBIT | $8.4B |
| EBITDA | $20.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $134.4B |
| Cost of Revenue | $69.4B |
| GROSS PROFIT | $65.0B |
| R&D Expenses | $21.9B |
| Selling & Marketing | $10.7B |
| General & Administrative | $3.2B |
| SG&A Expenses | $13.9B |
| Other Expenses | $21.5B |
| Operating Expenses | $57.3B |
| Cost & Expenses | $126.7B |
| OPERATING INCOME | $7.7B |
| Interest Income | $661M |
| Interest Expense | $840M |
| Other Income/Expenses | -$127M |
| INCOME BEFORE TAX | $7.6B |
| Income Tax Expense | $804M |
| Net Income from Continuing Ops | $6.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6.8B |
| D&A | $11.6B |
| EBIT | $8.4B |
| EBITDA | $20.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $6.8B |
| Depreciation & Amortization | $11.6B |
| Stock-Based Compensation | $7.1B |
| Deferred Income Tax | -$2.7B |
| Other Non-Cash Items | $47M |
| Change in Working Capital | -$6.3B |
| OPERATING CASH FLOW | $16.5B |
| Capital Expenditure | -$11.5B |
| Acquisitions (Net) | -$316M |
| Purchases of Investments | -$496M |
| Sales/Maturities of Investments | $1.6B |
| Other Investing Activities | $1.0B |
| NET CASH FROM INVESTING | -$9.7B |
| Net Debt Issuance | -$6.5B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$6.5B |
| FREE CASH FLOW | $5.0B |
| Net Change in Cash | $333M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $49.5B |
| Short-Term Investments | $14.4B |
| Net Receivables | $39.9B |
| Inventory | $36.6B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $140.5B |
| PP&E (Net) | $264.1B |
| Goodwill | $22.8B |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $50.2B |
| TOTAL NON-CURRENT ASSETS | $337.1B |
| TOTAL ASSETS | $477.6B |
| Account Payables | $69.5B |
| Short-Term Debt | $0 |
| Deferred Revenue | $14.5B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $148.2B |
| Long-Term Debt | $63.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $21.9B |
| TOTAL NON-CURRENT LIABILITIES | $160.8B |
| TOTAL LIABILITIES | $309.0B |
| Common Stock | $108M |
| Additional Paid-In Capital | $86.9B |
| Retained Earnings | $93.1B |
| Treasury Stock | -$7.8B |
| Accum. Other Comp. Income | -$3.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $168.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $168.6B |
| TOTAL LIABILITIES & EQUITY | $477.6B |
| Total Debt | $138.9B |
| Net Debt | $89.4B |
