| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15.7B | $15.1B | $12.0B | 3.7% | 30.5% |
| Op. Income | $2.2B | $1.9B | $2.7B | 15.8% | -20.1% |
| Gross Margin | 84.2% | 85.3% | 97.6% | -1.1pp | -13.4pp |
| Net Margin | 11.6% | 10.4% | 17.4% | 1.2pp | -5.9pp |
| EPS (Diluted) | $2.40 | $2.07 | $2.73 | 15.9% | -12.1% |
| Free Cash Flow | -$738M | $7.9B | $3.4B | -109.3% | -121.5% |
| Item | Amount |
|---|---|
| REVENUE | $15.7B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $13.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.3B |
| General & Administrative | $2.0B |
| SG&A Expenses | $3.4B |
| Other Expenses | $7.7B |
| Operating Expenses | $11.1B |
| Cost & Expenses | $13.5B |
| OPERATING INCOME | $2.2B |
| Interest Income | $4.4B |
| Interest Expense | $1.4B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2.2B |
| Income Tax Expense | $351M |
| Net Income from Continuing Ops | $1.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $400M |
| EBIT | $2.2B |
| EBITDA | $2.6B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $15.7B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $13.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.3B |
| General & Administrative | $2.0B |
| SG&A Expenses | $3.4B |
| Other Expenses | $7.7B |
| Operating Expenses | $11.1B |
| Cost & Expenses | $13.5B |
| OPERATING INCOME | $2.2B |
| Interest Income | $4.4B |
| Interest Expense | $1.4B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2.2B |
| Income Tax Expense | $351M |
| Net Income from Continuing Ops | $1.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $400M |
| EBIT | $2.2B |
| EBITDA | $2.6B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $1.8B |
| Depreciation & Amortization | $400M |
| Stock-Based Compensation | $140M |
| Deferred Income Tax | -$334M |
| Other Non-Cash Items | $1.2B |
| Change in Working Capital | -$3.6B |
| OPERATING CASH FLOW | -$377M |
| Capital Expenditure | -$361M |
| Acquisitions (Net) | -$64M |
| Purchases of Investments | -$277M |
| Sales/Maturities of Investments | $900M |
| Other Investing Activities | -$1.6B |
| NET CASH FROM INVESTING | -$1.4B |
| Net Debt Issuance | -$1.3B |
| Common Stock Repurchased | -$316M |
| Common Dividends Paid | -$405M |
| Other Financing Activities | $10.6B |
| NET CASH FROM FINANCING | $8.6B |
| FREE CASH FLOW | -$738M |
| Net Change in Cash | $6.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $40.5B |
| Short-Term Investments | $3.0B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $43.5B |
| PP&E (Net) | $5.2B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $173.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $13.4B |
| TOTAL NON-CURRENT ASSETS | $192.4B |
| TOTAL ASSETS | $235.8B |
| Account Payables | $12.5B |
| Short-Term Debt | $1.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $120.8B |
| TOTAL CURRENT LIABILITIES | $135.1B |
| Long-Term Debt | $41.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $33.7B |
| TOTAL NON-CURRENT LIABILITIES | $74.8B |
| TOTAL LIABILITIES | $209.8B |
| Common Stock | $149M |
| Additional Paid-In Capital | $11.5B |
| Retained Earnings | $17.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $26.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $26.0B |
| TOTAL LIABILITIES & EQUITY | $235.8B |
| Total Debt | $42.9B |
| Net Debt | $2.4B |
