| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13.7B | $13.9B | $10.5B | -1.1% | 30.5% |
| Op. Income | $1.2B | $1.6B | $365M | -23.9% | 231.2% |
| Gross Margin | 37.4% | 41.5% | 47.4% | -4.1pp | -10.1pp |
| Net Margin | 6.9% | 8.5% | 0.9% | -1.6pp | 5.9pp |
| EPS (Diluted) | $1.26 | $1.51 | $0.10 | -16.0% | 1135.7% |
| Free Cash Flow | $11.4B | $2.2B | $14.2B | 416.1% | -19.9% |
| Item | Amount |
|---|---|
| REVENUE | $13.7B |
| Cost of Revenue | $8.6B |
| GROSS PROFIT | $5.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $140M |
| General & Administrative | $2.1B |
| SG&A Expenses | $2.2B |
| Other Expenses | $1.7B |
| Operating Expenses | $3.9B |
| Cost & Expenses | $12.5B |
| OPERATING INCOME | $1.2B |
| Interest Income | $11.6B |
| Interest Expense | $8.1B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $266M |
| Net Income from Continuing Ops | $944M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $943M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $913M |
| D&A | $389M |
| EBIT | $1.2B |
| EBITDA | $1.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $13.7B |
| Cost of Revenue | $8.6B |
| GROSS PROFIT | $5.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $140M |
| General & Administrative | $2.1B |
| SG&A Expenses | $2.2B |
| Other Expenses | $1.7B |
| Operating Expenses | $3.9B |
| Cost & Expenses | $12.5B |
| OPERATING INCOME | $1.2B |
| Interest Income | $11.6B |
| Interest Expense | $8.1B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $266M |
| Net Income from Continuing Ops | $944M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $943M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $913M |
| D&A | $389M |
| EBIT | $1.2B |
| EBITDA | $1.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $944M |
| Depreciation & Amortization | $389M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $82M |
| Other Non-Cash Items | $421M |
| Change in Working Capital | $9.8B |
| OPERATING CASH FLOW | $11.7B |
| Capital Expenditure | -$286M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$17.8B |
| Sales/Maturities of Investments | $9.0B |
| Other Investing Activities | -$148M |
| NET CASH FROM INVESTING | -$9.2B |
| Net Debt Issuance | -$67M |
| Common Stock Repurchased | -$730.8K |
| Common Dividends Paid | -$544M |
| Other Financing Activities | -$3.2B |
| NET CASH FROM FINANCING | -$3.8B |
| FREE CASH FLOW | $11.4B |
| Net Change in Cash | -$2.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $57.6B |
| Short-Term Investments | $50.8B |
| Net Receivables | $1.3B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $109.7B |
| PP&E (Net) | $4.5B |
| Goodwill | $11.8B |
| Intangible Assets | $3.7B |
| Long-Term Investments | $593.2B |
| Tax Assets | $2.2B |
| Other Non-Current Assets | $243.0B |
| TOTAL NON-CURRENT ASSETS | $858.4B |
| TOTAL ASSETS | $968.1B |
| Account Payables | $0 |
| Short-Term Debt | $154.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $550.1B |
| TOTAL CURRENT LIABILITIES | $704.6B |
| Long-Term Debt | $102.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $105.0B |
| TOTAL NON-CURRENT LIABILITIES | $207.0B |
| TOTAL LIABILITIES | $911.6B |
| Common Stock | $17.1B |
| Additional Paid-In Capital | $257M |
| Retained Earnings | $32.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1.7B |
| Other Equity | $2.7B |
| TOTAL STOCKHOLDERS' EQUITY | $56.5B |
| Minority Interest | $21M |
| TOTAL EQUITY | $56.5B |
| TOTAL LIABILITIES & EQUITY | $968.1B |
| Total Debt | $256.6B |
| Net Debt | $199.0B |
