| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.2B | $1.0B | 23.2% | 49.5% |
| Op. Income | $638M | -$208M | $302M | 406.7% | 111.3% |
| Gross Margin | 78.5% | 27.8% | 73.1% | 50.8pp | 5.4pp |
| Net Margin | 30.1% | -10.9% | 20.8% | 41.0pp | 9.3pp |
| EPS (Diluted) | $9.08 | $-2.69 | $4.20 | 437.5% | 116.2% |
| Free Cash Flow | $387M | $482M | $477M | -19.7% | -18.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $325M |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $39M |
| General & Administrative | $220M |
| SG&A Expenses | $259M |
| Other Expenses | $291M |
| Operating Expenses | $550M |
| Cost & Expenses | $875M |
| OPERATING INCOME | $638M |
| Interest Income | $1.3B |
| Interest Expense | $218M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $638M |
| Income Tax Expense | $183M |
| Net Income from Continuing Ops | $455M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $455M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $455M |
| D&A | $34M |
| EBIT | $638M |
| EBITDA | $672M |
| EPS | $9 |
| EPS Diluted | $9 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $325M |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $39M |
| General & Administrative | $220M |
| SG&A Expenses | $259M |
| Other Expenses | $291M |
| Operating Expenses | $550M |
| Cost & Expenses | $875M |
| OPERATING INCOME | $638M |
| Interest Income | $1.3B |
| Interest Expense | $218M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $638M |
| Income Tax Expense | $183M |
| Net Income from Continuing Ops | $455M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $455M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $455M |
| D&A | $34M |
| EBIT | $638M |
| EBITDA | $672M |
| EPS | $9 |
| EPS Diluted | $9 |
| Item | Amount |
|---|---|
| Net Income | $455M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$19M |
| Other Non-Cash Items | -$85M |
| Change in Working Capital | $4M |
| OPERATING CASH FLOW | $398M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $3.2B |
| NET CASH FROM INVESTING | $3.1B |
| Net Debt Issuance | -$3.1B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$698M |
| NET CASH FROM FINANCING | -$3.8B |
| FREE CASH FLOW | $387M |
| Net Change in Cash | -$295M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.6B |
| Short-Term Investments | $44M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.7B |
| PP&E (Net) | $180M |
| Goodwill | $0 |
| Intangible Assets | $790M |
| Long-Term Investments | $16.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $18.3B |
| TOTAL ASSETS | $22.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13.1B |
| TOTAL CURRENT LIABILITIES | $13.1B |
| Long-Term Debt | $4.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $6.1B |
| TOTAL LIABILITIES | $19.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $537M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $22.0B |
| Total Debt | $4.9B |
| Net Debt | $1.3B |
