| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $43.4B | $40.5B | $25.2B | 7.2% | 72.1% |
| Op. Income | $8.0B | $9.1B | $6.9B | -11.6% | 16.6% |
| Gross Margin | 55.5% | 62.6% | 87.9% | -7.1pp | -32.4pp |
| Net Margin | 17.1% | 20.2% | 24.8% | -3.1pp | -7.7pp |
| EPS (Diluted) | $0.88 | $0.94 | $0.73 | -6.4% | 20.5% |
| Free Cash Flow | $11.8B | -$11.3B | -$5.0B | 204.3% | 333.4% |
| Item | Amount |
|---|---|
| REVENUE | $43.4B |
| Cost of Revenue | $19.3B |
| GROSS PROFIT | $24.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.5B |
| General & Administrative | $10.6B |
| SG&A Expenses | $12.1B |
| Other Expenses | $3.9B |
| Operating Expenses | $16.0B |
| Cost & Expenses | $35.4B |
| OPERATING INCOME | $8.0B |
| Interest Income | $32.4B |
| Interest Expense | $18.2B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8.0B |
| Income Tax Expense | $626M |
| Net Income from Continuing Ops | $7.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7.1B |
| D&A | $510M |
| EBIT | $8.0B |
| EBITDA | $8.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $43.4B |
| Cost of Revenue | $19.3B |
| GROSS PROFIT | $24.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.5B |
| General & Administrative | $10.6B |
| SG&A Expenses | $12.1B |
| Other Expenses | $3.9B |
| Operating Expenses | $16.0B |
| Cost & Expenses | $35.4B |
| OPERATING INCOME | $8.0B |
| Interest Income | $32.4B |
| Interest Expense | $18.2B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8.0B |
| Income Tax Expense | $626M |
| Net Income from Continuing Ops | $7.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7.1B |
| D&A | $510M |
| EBIT | $8.0B |
| EBITDA | $8.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $7.4B |
| Depreciation & Amortization | $510M |
| Stock-Based Compensation | $832M |
| Deferred Income Tax | -$443M |
| Other Non-Cash Items | $3.4B |
| Change in Working Capital | $91M |
| OPERATING CASH FLOW | $11.8B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$20.2B |
| Sales/Maturities of Investments | $58.6B |
| Other Investing Activities | $19.5B |
| NET CASH FROM INVESTING | $57.9B |
| Net Debt Issuance | -$10.1B |
| Common Stock Repurchased | -$550M |
| Common Dividends Paid | -$2.1B |
| Other Financing Activities | -$59.0B |
| NET CASH FROM FINANCING | -$71.7B |
| FREE CASH FLOW | $11.8B |
| Net Change in Cash | -$2.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $381.5B |
| Short-Term Investments | $132.0B |
| Net Receivables | $87.4B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $600.9B |
| PP&E (Net) | $11.7B |
| Goodwill | $69.0B |
| Intangible Assets | $0 |
| Long-Term Investments | $1.7T |
| Tax Assets | $0 |
| Other Non-Current Assets | $739.3B |
| TOTAL NON-CURRENT ASSETS | $2.5T |
| TOTAL ASSETS | $3.1T |
| Account Payables | $0 |
| Short-Term Debt | $329.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.0T |
| TOTAL CURRENT LIABILITIES | $2.5T |
| Long-Term Debt | $286.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $44.8B |
| TOTAL NON-CURRENT LIABILITIES | $330.9B |
| TOTAL LIABILITIES | $2.8T |
| Common Stock | $57.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $218.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$20.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $283.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $283.3B |
| TOTAL LIABILITIES & EQUITY | $3.1T |
| Total Debt | $615.7B |
| Net Debt | $234.2B |
