| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | — | $1.2B | — | 0.8% |
| Op. Income | $431M | — | $375M | — | 14.9% |
| Gross Margin | 59.8% | — | 53.8% | — | 6.0pp |
| Net Margin | 26.7% | — | 24.0% | — | 2.7pp |
| EPS (Diluted) | $0.66 | — | $0.59 | — | 12.2% |
| Free Cash Flow | -$120M | — | -$548M | — | 78.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $505M |
| GROSS PROFIT | $751M |
| R&D Expenses | $0 |
| Selling & Marketing | $11M |
| General & Administrative | $252M |
| SG&A Expenses | $263M |
| Other Expenses | $57M |
| Operating Expenses | $320M |
| Cost & Expenses | $825M |
| OPERATING INCOME | $431M |
| Interest Income | $901M |
| Interest Expense | $380M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $431M |
| Income Tax Expense | $96M |
| Net Income from Continuing Ops | $335M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $335M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $335M |
| D&A | $26M |
| EBIT | $431M |
| EBITDA | $458M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $505M |
| GROSS PROFIT | $751M |
| R&D Expenses | $0 |
| Selling & Marketing | $11M |
| General & Administrative | $252M |
| SG&A Expenses | $263M |
| Other Expenses | $57M |
| Operating Expenses | $320M |
| Cost & Expenses | $825M |
| OPERATING INCOME | $431M |
| Interest Income | $901M |
| Interest Expense | $380M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $431M |
| Income Tax Expense | $96M |
| Net Income from Continuing Ops | $335M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $335M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $335M |
| D&A | $26M |
| EBIT | $431M |
| EBITDA | $458M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $335M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $24M |
| Other Non-Cash Items | $260M |
| Change in Working Capital | -$743M |
| OPERATING CASH FLOW | -$97M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$17M |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | $45M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$918M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$874M |
| FREE CASH FLOW | -$120M |
| Net Change in Cash | -$784M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.1B |
| Short-Term Investments | $3.6B |
| Net Receivables | $3.1B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $10.8B |
| PP&E (Net) | $480M |
| Goodwill | $0 |
| Intangible Assets | $162M |
| Long-Term Investments | $48.9B |
| Tax Assets | $583M |
| Other Non-Current Assets | $2.9B |
| TOTAL NON-CURRENT ASSETS | $53.1B |
| TOTAL ASSETS | $63.9B |
| Account Payables | $475M |
| Short-Term Debt | $208M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $32.8B |
| TOTAL CURRENT LIABILITIES | $33.5B |
| Long-Term Debt | $12.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $12.1B |
| TOTAL NON-CURRENT LIABILITIES | $24.6B |
| TOTAL LIABILITIES | $58.1B |
| Common Stock | $2.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $650M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.8B |
| Minority Interest | $1.1K |
| TOTAL EQUITY | $5.8B |
| TOTAL LIABILITIES & EQUITY | $63.9B |
| Total Debt | $12.7B |
| Net Debt | $8.6B |
