| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.0B | $4.6B | $4.3B | 9.4% | 14.9% |
| Op. Income | $761M | $728M | $497M | 4.6% | 53.2% |
| Gross Margin | 52.5% | 51.3% | 48.8% | 1.2pp | 3.7pp |
| Net Margin | 15.3% | 18.7% | 12.3% | -3.4pp | 3.0pp |
| EPS (Diluted) | $2.15 | $2.40 | $1.51 | -10.2% | 42.6% |
| Free Cash Flow | $1.2B | $664M | $806M | 74.4% | 43.7% |
| Item | Amount |
|---|---|
| REVENUE | $5.0B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $2.6B |
| R&D Expenses | $932M |
| Selling & Marketing | -$28M |
| General & Administrative | $949M |
| SG&A Expenses | $920M |
| Other Expenses | $0 |
| Operating Expenses | $1.9B |
| Cost & Expenses | $4.2B |
| OPERATING INCOME | $761M |
| Interest Income | $285M |
| Interest Expense | $119M |
| Other Income/Expenses | $200M |
| INCOME BEFORE TAX | $961M |
| Income Tax Expense | $186M |
| Net Income from Continuing Ops | $776M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $761M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $761M |
| D&A | $272M |
| EBIT | $1.1B |
| EBITDA | $1.4B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $5.0B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $2.6B |
| R&D Expenses | $932M |
| Selling & Marketing | -$28M |
| General & Administrative | $949M |
| SG&A Expenses | $920M |
| Other Expenses | $0 |
| Operating Expenses | $1.9B |
| Cost & Expenses | $4.2B |
| OPERATING INCOME | $761M |
| Interest Income | $285M |
| Interest Expense | $119M |
| Other Income/Expenses | $200M |
| INCOME BEFORE TAX | $961M |
| Income Tax Expense | $186M |
| Net Income from Continuing Ops | $776M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $761M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $761M |
| D&A | $272M |
| EBIT | $1.1B |
| EBITDA | $1.4B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $761M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $299M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $494M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $1.6B |
| Capital Expenditure | -$395M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1.4B |
| NET CASH FROM INVESTING | $1.0B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $107M |
| NET CASH FROM FINANCING | $107M |
| FREE CASH FLOW | $1.2B |
| Net Change in Cash | $2.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.1B |
| Short-Term Investments | $21.6B |
| Net Receivables | $2.4B |
| Inventory | $0 |
| Other Current Assets | $3.2B |
| TOTAL CURRENT ASSETS | $33.4B |
| PP&E (Net) | $5.1B |
| Goodwill | $3.3B |
| Intangible Assets | $3.0B |
| Long-Term Investments | $11.3B |
| Tax Assets | $278M |
| Other Non-Current Assets | $3.0B |
| TOTAL NON-CURRENT ASSETS | $25.9B |
| TOTAL ASSETS | $59.4B |
| Account Payables | $5.3B |
| Short-Term Debt | $3.2B |
| Deferred Revenue | $2.2B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $11.8B |
| Long-Term Debt | $9.0B |
| Deferred Revenue NC | $77M |
| Deferred Tax Liabilities | $437M |
| Other Non-Current Liabilities | $328M |
| TOTAL NON-CURRENT LIABILITIES | $10.5B |
| TOTAL LIABILITIES | $22.3B |
| Common Stock | $34.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $34.4B |
| Minority Interest | $2.6B |
| TOTAL EQUITY | $37.0B |
| TOTAL LIABILITIES & EQUITY | $59.4B |
| Total Debt | $13.3B |
| Net Debt | $7.2B |