| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $34.2B | $30.4B | $30.0B | 12.5% | 13.9% |
| Op. Income | $6.2B | $2.2B | $3.6B | 178.8% | 70.3% |
| Gross Margin | 39.2% | 33.3% | 36.9% | 5.9pp | 2.3pp |
| Net Margin | 14.6% | 11.4% | 11.0% | 3.3pp | 3.6pp |
| EPS (Diluted) | $1.86 | $1.48 | $1.24 | 25.2% | 50.0% |
| Free Cash Flow | $5.8B | $1.5B | $3.4B | 276.1% | 72.0% |
| Item | Amount |
|---|---|
| REVENUE | $34.2B |
| Cost of Revenue | $20.8B |
| GROSS PROFIT | $13.4B |
| R&D Expenses | $1.5B |
| Selling & Marketing | $4.0B |
| General & Administrative | $1.1B |
| SG&A Expenses | $5.0B |
| Other Expenses | $659M |
| Operating Expenses | $7.2B |
| Cost & Expenses | $28.0B |
| OPERATING INCOME | $6.2B |
| Interest Income | $0 |
| Interest Expense | $261M |
| Other Income/Expenses | -$507M |
| INCOME BEFORE TAX | $5.7B |
| Income Tax Expense | $880M |
| Net Income from Continuing Ops | $4.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5.0B |
| Net Income Deductions | -$3M |
| BOTTOM LINE NET INCOME | $5.0B |
| D&A | $362M |
| EBIT | $5.5B |
| EBITDA | $5.9B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $34.2B |
| Cost of Revenue | $20.8B |
| GROSS PROFIT | $13.4B |
| R&D Expenses | $1.5B |
| Selling & Marketing | $4.0B |
| General & Administrative | $1.1B |
| SG&A Expenses | $5.0B |
| Other Expenses | $659M |
| Operating Expenses | $7.2B |
| Cost & Expenses | $28.0B |
| OPERATING INCOME | $6.2B |
| Interest Income | $0 |
| Interest Expense | $261M |
| Other Income/Expenses | -$507M |
| INCOME BEFORE TAX | $5.7B |
| Income Tax Expense | $880M |
| Net Income from Continuing Ops | $4.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5.0B |
| Net Income Deductions | -$3M |
| BOTTOM LINE NET INCOME | $5.0B |
| D&A | $362M |
| EBIT | $5.5B |
| EBITDA | $5.9B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $5.2B |
| Depreciation & Amortization | $1.4B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $273M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $6.8B |
| Capital Expenditure | -$1.0B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2.9B |
| NET CASH FROM INVESTING | $1.9B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3.7B |
| NET CASH FROM FINANCING | -$3.7B |
| FREE CASH FLOW | $5.8B |
| Net Change in Cash | $4.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $38.9B |
| Short-Term Investments | $46.3B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $21.2B |
| TOTAL CURRENT ASSETS | $106.4B |
| PP&E (Net) | $25.6B |
| Goodwill | $38.8B |
| Intangible Assets | $6.5B |
| Long-Term Investments | $65.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $15.7B |
| TOTAL NON-CURRENT ASSETS | $152.5B |
| TOTAL ASSETS | $258.9B |
| Account Payables | $40.7B |
| Short-Term Debt | $1.2B |
| Deferred Revenue | $10.3B |
| Other Current Liabilities | $1.9B |
| TOTAL CURRENT LIABILITIES | $55.4B |
| Long-Term Debt | $22.9B |
| Deferred Revenue NC | $536M |
| Deferred Tax Liabilities | $8.4B |
| Other Non-Current Liabilities | $4.5B |
| TOTAL NON-CURRENT LIABILITIES | $36.4B |
| TOTAL LIABILITIES | $91.7B |
| Common Stock | $145.7K |
| Additional Paid-In Capital | $59.5B |
| Retained Earnings | $90.0B |
| Treasury Stock | -$4.2B |
| Accum. Other Comp. Income | $2.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $147.7B |
| Minority Interest | $19.5B |
| TOTAL EQUITY | $167.1B |
| TOTAL LIABILITIES & EQUITY | $258.9B |
| Total Debt | $24.1B |
| Net Debt | -$14.8B |
