| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $143.1B | $134.4B | $127.1B | 6.5% | 12.6% |
| Op. Income | $11.2B | $7.7B | $2.5B | 45.7% | 343.1% |
| Gross Margin | 47.6% | 48.4% | 44.7% | -0.8pp | 2.9pp |
| Net Margin | 6.9% | 5.0% | 2.3% | 1.9pp | 4.6pp |
| EPS (Diluted) | $0.94 | $0.65 | $0.28 | 44.6% | 235.7% |
| Free Cash Flow | $8.7B | $5.0B | -$5.0B | 74.0% | 275.7% |
| Item | Amount |
|---|---|
| REVENUE | $143.1B |
| Cost of Revenue | $75.0B |
| GROSS PROFIT | $68.1B |
| R&D Expenses | $21.2B |
| Selling & Marketing | $10.6B |
| General & Administrative | $2.6B |
| SG&A Expenses | $13.1B |
| Other Expenses | $22.6B |
| Operating Expenses | $56.9B |
| Cost & Expenses | $131.9B |
| OPERATING INCOME | $11.2B |
| Interest Income | $776M |
| Interest Expense | $806M |
| Other Income/Expenses | $997M |
| INCOME BEFORE TAX | $12.2B |
| Income Tax Expense | $2.3B |
| Net Income from Continuing Ops | $9.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9.9B |
| D&A | $12.1B |
| EBIT | $13.0B |
| EBITDA | $25.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $143.1B |
| Cost of Revenue | $75.0B |
| GROSS PROFIT | $68.1B |
| R&D Expenses | $21.2B |
| Selling & Marketing | $10.6B |
| General & Administrative | $2.6B |
| SG&A Expenses | $13.1B |
| Other Expenses | $22.6B |
| Operating Expenses | $56.9B |
| Cost & Expenses | $131.9B |
| OPERATING INCOME | $11.2B |
| Interest Income | $776M |
| Interest Expense | $806M |
| Other Income/Expenses | $997M |
| INCOME BEFORE TAX | $12.2B |
| Income Tax Expense | $2.3B |
| Net Income from Continuing Ops | $9.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9.9B |
| D&A | $12.1B |
| EBIT | $13.0B |
| EBITDA | $25.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $9.9B |
| Depreciation & Amortization | $12.1B |
| Stock-Based Compensation | $5.8B |
| Deferred Income Tax | -$1.2B |
| Other Non-Cash Items | -$990M |
| Change in Working Capital | -$4.4B |
| OPERATING CASH FLOW | $21.2B |
| Capital Expenditure | -$12.5B |
| Acquisitions (Net) | -$1.6B |
| Purchases of Investments | -$219M |
| Sales/Maturities of Investments | $1.4B |
| Other Investing Activities | $1.2B |
| NET CASH FROM INVESTING | -$11.8B |
| Net Debt Issuance | -$8.9B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$64M |
| NET CASH FROM FINANCING | -$8.9B |
| FREE CASH FLOW | $8.7B |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $49.6B |
| Short-Term Investments | $14.6B |
| Net Receivables | $43.4B |
| Inventory | $35.4B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $143.0B |
| PP&E (Net) | $267.2B |
| Goodwill | $22.7B |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $53.9B |
| TOTAL NON-CURRENT ASSETS | $343.9B |
| TOTAL ASSETS | $486.9B |
| Account Payables | $72.0B |
| Short-Term Debt | $0 |
| Deferred Revenue | $14.4B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $145.2B |
| Long-Term Debt | $61.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $21.7B |
| TOTAL NON-CURRENT LIABILITIES | $158.7B |
| TOTAL LIABILITIES | $303.9B |
| Common Stock | $108M |
| Additional Paid-In Capital | $92.7B |
| Retained Earnings | $103.0B |
| Treasury Stock | -$7.8B |
| Accum. Other Comp. Income | -$5.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $183.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $183.0B |
| TOTAL LIABILITIES & EQUITY | $486.9B |
| Total Debt | $137.0B |
| Net Debt | $87.4B |
