| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.2B | $1.2B | 5.8% | 10.1% |
| Op. Income | $468M | $375M | $568M | 24.7% | -17.6% |
| Gross Margin | 57.4% | 53.8% | 69.2% | 3.6pp | -11.7pp |
| Net Margin | 28.3% | 24.0% | 40.5% | 4.3pp | -12.2pp |
| EPS (Diluted) | $0.74 | $0.59 | $0.96 | 25.1% | -23.0% |
| Free Cash Flow | -$34M | -$548M | -$146M | 93.7% | 76.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $562M |
| GROSS PROFIT | $758M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $263M |
| SG&A Expenses | $263M |
| Other Expenses | $26M |
| Operating Expenses | $289M |
| Cost & Expenses | $851M |
| OPERATING INCOME | $468M |
| Interest Income | $896M |
| Interest Expense | $482M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $468M |
| Income Tax Expense | $94M |
| Net Income from Continuing Ops | $374M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $374M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $374M |
| D&A | $26M |
| EBIT | $468M |
| EBITDA | $495M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $562M |
| GROSS PROFIT | $758M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $263M |
| SG&A Expenses | $263M |
| Other Expenses | $26M |
| Operating Expenses | $289M |
| Cost & Expenses | $851M |
| OPERATING INCOME | $468M |
| Interest Income | $896M |
| Interest Expense | $482M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $468M |
| Income Tax Expense | $94M |
| Net Income from Continuing Ops | $374M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $374M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $374M |
| D&A | $26M |
| EBIT | $468M |
| EBITDA | $495M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $374M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $134M |
| Change in Working Capital | -$538M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1.1K |
| NET CASH FROM FINANCING | -$20M |
| FREE CASH FLOW | -$34M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.0B |
| Short-Term Investments | $4.8B |
| Net Receivables | $719M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8.6B |
| PP&E (Net) | $459M |
| Goodwill | $0 |
| Intangible Assets | $134M |
| Long-Term Investments | $47.0B |
| Tax Assets | $602M |
| Other Non-Current Assets | $4.3B |
| TOTAL NON-CURRENT ASSETS | $52.5B |
| TOTAL ASSETS | $61.1B |
| Account Payables | $386M |
| Short-Term Debt | $187M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $31.4B |
| TOTAL CURRENT LIABILITIES | $32.0B |
| Long-Term Debt | $11.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12.1B |
| TOTAL NON-CURRENT LIABILITIES | $23.6B |
| TOTAL LIABILITIES | $55.6B |
| Common Stock | $2.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $453M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.5B |
| Minority Interest | $1.1K |
| TOTAL EQUITY | $5.5B |
| TOTAL LIABILITIES & EQUITY | $61.1B |
| Total Debt | $11.7B |
| Net Debt | $8.7B |
