| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $48.1B | $43.6B | $40.5B | 10.1% | 18.8% |
| Op. Income | $7.3B | $3.1B | $9.1B | 132.5% | -20.1% |
| Gross Margin | 51.0% | 47.8% | 62.6% | 3.2pp | -11.6pp |
| Net Margin | 13.9% | 7.2% | 20.2% | 6.7pp | -6.3pp |
| EPS (Diluted) | $0.76 | $0.35 | $0.94 | 117.1% | -19.1% |
| Free Cash Flow | -$15.5B | $32.7B | -$11.3B | -147.5% | -37.5% |
| Item | Amount |
|---|---|
| REVENUE | $48.1B |
| Cost of Revenue | $23.6B |
| GROSS PROFIT | $24.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.3B |
| General & Administrative | $12.5B |
| SG&A Expenses | $13.8B |
| Other Expenses | $3.5B |
| Operating Expenses | $17.2B |
| Cost & Expenses | $40.8B |
| OPERATING INCOME | $7.3B |
| Interest Income | $36.3B |
| Interest Expense | $22.3B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7.3B |
| Income Tax Expense | $588M |
| Net Income from Continuing Ops | $6.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6.1B |
| D&A | $538M |
| EBIT | $7.3B |
| EBITDA | $7.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $48.1B |
| Cost of Revenue | $23.6B |
| GROSS PROFIT | $24.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.3B |
| General & Administrative | $12.5B |
| SG&A Expenses | $13.8B |
| Other Expenses | $3.5B |
| Operating Expenses | $17.2B |
| Cost & Expenses | $40.8B |
| OPERATING INCOME | $7.3B |
| Interest Income | $36.3B |
| Interest Expense | $22.3B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $7.3B |
| Income Tax Expense | $588M |
| Net Income from Continuing Ops | $6.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6.1B |
| D&A | $538M |
| EBIT | $7.3B |
| EBITDA | $7.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $6.7B |
| Depreciation & Amortization | $538M |
| Stock-Based Compensation | $865M |
| Deferred Income Tax | -$512M |
| Other Non-Cash Items | -$190M |
| Change in Working Capital | -$22.9B |
| OPERATING CASH FLOW | -$15.5B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$157.7B |
| Sales/Maturities of Investments | $116.7B |
| Other Investing Activities | -$30.3B |
| NET CASH FROM INVESTING | -$71.3B |
| Net Debt Issuance | $5.9B |
| Common Stock Repurchased | -$2.5B |
| Common Dividends Paid | -$2.5B |
| Other Financing Activities | $67.8B |
| NET CASH FROM FINANCING | $68.7B |
| FREE CASH FLOW | -$15.5B |
| Net Change in Cash | -$19.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $321.3B |
| Short-Term Investments | $313.1B |
| Net Receivables | $100.8B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $735.2B |
| PP&E (Net) | $11.9B |
| Goodwill | $69.0B |
| Intangible Assets | $0 |
| Long-Term Investments | $1.7T |
| Tax Assets | $0 |
| Other Non-Current Assets | $794.8B |
| TOTAL NON-CURRENT ASSETS | $2.5T |
| TOTAL ASSETS | $3.3T |
| Account Payables | $0 |
| Short-Term Debt | $368.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.1T |
| TOTAL CURRENT LIABILITIES | $2.4T |
| Long-Term Debt | $296.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $254.5B |
| TOTAL NON-CURRENT LIABILITIES | $550.9B |
| TOTAL LIABILITIES | $3.0T |
| Common Stock | $54.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $228.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$18.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $293.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $293.6B |
| TOTAL LIABILITIES & EQUITY | $3.3T |
| Total Debt | $664.9B |
| Net Debt | $343.6B |
