| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $77.8B | — | $66.6B | — | 16.8% |
| Op. Income | -$813M | — | -$3.6B | — | 77.1% |
| Gross Margin | 9.9% | — | 5.2% | — | 4.7pp |
| Net Margin | -2.9% | — | -7.4% | — | 4.6pp |
| EPS (Diluted) | $-3.67 | — | $-8.29 | — | 55.7% |
| Free Cash Flow | $4.4B | — | $2.3B | — | 93.6% |
| Item | Amount |
|---|---|
| REVENUE | $77.8B |
| Cost of Revenue | $70.1B |
| GROSS PROFIT | $7.7B |
| R&D Expenses | $3.4B |
| Selling & Marketing | $0 |
| General & Administrative | $5.2B |
| SG&A Expenses | $5.1B |
| Other Expenses | $0 |
| Operating Expenses | $8.5B |
| Cost & Expenses | $78.6B |
| OPERATING INCOME | -$813M |
| Interest Income | $0 |
| Interest Expense | $2.5B |
| Other Income/Expenses | -$1.2B |
| INCOME BEFORE TAX | -$2.0B |
| Income Tax Expense | $237M |
| Net Income from Continuing Ops | -$2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2.2B |
| D&A | $1.9B |
| EBIT | $454M |
| EBITDA | $2.3B |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$2.2B |
| Depreciation & Amortization | $1.9B |
| Stock-Based Compensation | $690M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1.6B |
| Change in Working Capital | $4.1B |
| OPERATING CASH FLOW | $6.0B |
| Capital Expenditure | -$1.5B |
| Acquisitions (Net) | -$70M |
| Purchases of Investments | -$16.4B |
| Sales/Maturities of Investments | $15.7B |
| Other Investing Activities | -$131M |
| NET CASH FROM INVESTING | -$2.4B |
| Net Debt Issuance | -$5.1B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$391M |
| NET CASH FROM FINANCING | -$5.5B |
| FREE CASH FLOW | $4.4B |
| Net Change in Cash | -$1.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12.7B |
| Short-Term Investments | $3.3B |
| Net Receivables | $11.1B |
| Inventory | $79.7B |
| Other Current Assets | $2.5B |
| TOTAL CURRENT ASSETS | $109.3B |
| PP&E (Net) | $11.5B |
| Goodwill | $8.1B |
| Intangible Assets | $2.1B |
| Long-Term Investments | $1.0B |
| Tax Assets | $59M |
| Other Non-Current Assets | $4.9B |
| TOTAL NON-CURRENT ASSETS | $27.7B |
| TOTAL ASSETS | $137.0B |
| Account Payables | $12.0B |
| Short-Term Debt | $5.1B |
| Deferred Revenue | $56.3B |
| Other Current Liabilities | $14.3B |
| TOTAL CURRENT LIABILITIES | $95.8B |
| Long-Term Debt | $46.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $229M |
| Other Non-Current Liabilities | $11.1B |
| TOTAL NON-CURRENT LIABILITIES | $58.4B |
| TOTAL LIABILITIES | $154.2B |
| Common Stock | $5.1B |
| Additional Paid-In Capital | $10.3B |
| Retained Earnings | $27.3B |
| Treasury Stock | -$49.5B |
| Accum. Other Comp. Income | -$10.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$17.2B |
| Minority Interest | $5M |
| TOTAL EQUITY | -$17.2B |
| TOTAL LIABILITIES & EQUITY | $137.0B |
| Total Debt | $52.6B |
| Net Debt | $39.9B |
