| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $27.8B | — | $34.6B | — | -19.5% |
| Op. Income | $12.1B | — | $19.3B | — | -37.2% |
| Gross Margin | 115.9% | — | 118.3% | — | -2.5pp |
| Net Margin | 23.2% | — | 62.1% | — | -38.8pp |
| EPS (Diluted) | $2.54 | — | $4.64 | — | -45.3% |
| Free Cash Flow | $7.9B | — | $15.7B | — | -49.7% |
| Item | Amount |
|---|---|
| REVENUE | $27.8B |
| Cost of Revenue | $4.4B |
| GROSS PROFIT | $32.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $2.3B |
| General & Administrative | $9.9B |
| SG&A Expenses | $12.2B |
| Other Expenses | -$886M |
| Operating Expenses | $11.3B |
| Cost & Expenses | $15.7B |
| OPERATING INCOME | $12.1B |
| Interest Income | $316M |
| Interest Expense | $432M |
| Other Income/Expenses | -$879M |
| INCOME BEFORE TAX | $11.2B |
| Income Tax Expense | $4.0B |
| Net Income from Continuing Ops | $7.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6.5B |
| D&A | $2.1B |
| EBIT | $11.0B |
| EBITDA | $13.0B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $27.8B |
| Cost of Revenue | $4.4B |
| GROSS PROFIT | $32.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $2.3B |
| General & Administrative | $9.9B |
| SG&A Expenses | $12.2B |
| Other Expenses | -$886M |
| Operating Expenses | $11.3B |
| Cost & Expenses | $15.7B |
| OPERATING INCOME | $12.1B |
| Interest Income | $316M |
| Interest Expense | $432M |
| Other Income/Expenses | -$879M |
| INCOME BEFORE TAX | $11.2B |
| Income Tax Expense | $4.0B |
| Net Income from Continuing Ops | $7.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6.5B |
| D&A | $2.1B |
| EBIT | $11.0B |
| EBITDA | $13.0B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $6.5B |
| Depreciation & Amortization | $2.6B |
| Stock-Based Compensation | $97M |
| Deferred Income Tax | -$9.6B |
| Other Non-Cash Items | $2.2B |
| Change in Working Capital | $518M |
| OPERATING CASH FLOW | $11.9B |
| Capital Expenditure | -$4.1B |
| Acquisitions (Net) | -$5.9B |
| Purchases of Investments | -$371M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $148M |
| NET CASH FROM INVESTING | -$9.8B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$87M |
| Common Dividends Paid | -$4.6B |
| Other Financing Activities | $5.3B |
| NET CASH FROM FINANCING | $596M |
| FREE CASH FLOW | $7.9B |
| Net Change in Cash | $2.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12.4B |
| Short-Term Investments | $29M |
| Net Receivables | $4.6B |
| Inventory | $5.2B |
| Other Current Assets | $1.0B |
| TOTAL CURRENT ASSETS | $23.4B |
| PP&E (Net) | $71.6B |
| Goodwill | $1.4B |
| Intangible Assets | $1.6B |
| Long-Term Investments | $2.9B |
| Tax Assets | $56M |
| Other Non-Current Assets | $428M |
| TOTAL NON-CURRENT ASSETS | $77.9B |
| TOTAL ASSETS | $101.3B |
| Account Payables | $6.3B |
| Short-Term Debt | $6.8B |
| Deferred Revenue | $47M |
| Other Current Liabilities | $5.4B |
| TOTAL CURRENT LIABILITIES | $19.0B |
| Long-Term Debt | $14.3B |
| Deferred Revenue NC | $50M |
| Deferred Tax Liabilities | $4.3B |
| Other Non-Current Liabilities | $16.9B |
| TOTAL NON-CURRENT LIABILITIES | $33.7B |
| TOTAL LIABILITIES | $52.8B |
| Common Stock | $4.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $41.2B |
| Treasury Stock | -$41M |
| Accum. Other Comp. Income | -$1.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $44.5B |
| Minority Interest | $4.0B |
| TOTAL EQUITY | $48.5B |
| TOTAL LIABILITIES & EQUITY | $101.3B |
| Total Debt | $22.3B |
| Net Debt | $9.9B |
