| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $918M | $867M | $698M | 5.8% | 31.4% |
| Op. Income | $195M | $205M | $276M | -5.2% | -29.4% |
| Gross Margin | 67.4% | 70.6% | 93.2% | -3.2pp | -25.9pp |
| Net Margin | 16.5% | 18.3% | 30.3% | -1.9pp | -13.8pp |
| EPS (Diluted) | $2.10 | $2.22 | $2.77 | -5.4% | -24.2% |
| Free Cash Flow | $149M | $117M | $270M | 27.4% | -44.7% |
| Item | Amount |
|---|---|
| REVENUE | $918M |
| Cost of Revenue | $300M |
| GROSS PROFIT | $618M |
| R&D Expenses | $0 |
| Selling & Marketing | $25M |
| General & Administrative | $198M |
| SG&A Expenses | $223M |
| Other Expenses | $200M |
| Operating Expenses | $423M |
| Cost & Expenses | $723M |
| OPERATING INCOME | $195M |
| Interest Income | $794M |
| Interest Expense | $262M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $195M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $151M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $151M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $151M |
| D&A | $15M |
| EBIT | $195M |
| EBITDA | $210M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $918M |
| Cost of Revenue | $300M |
| GROSS PROFIT | $618M |
| R&D Expenses | $0 |
| Selling & Marketing | $25M |
| General & Administrative | $198M |
| SG&A Expenses | $223M |
| Other Expenses | $200M |
| Operating Expenses | $423M |
| Cost & Expenses | $723M |
| OPERATING INCOME | $195M |
| Interest Income | $794M |
| Interest Expense | $262M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $195M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $151M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $151M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $151M |
| D&A | $15M |
| EBIT | $195M |
| EBITDA | $210M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $151M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $28M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $198M |
| Capital Expenditure | -$49M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5.8B |
| Sales/Maturities of Investments | $3.4B |
| Other Investing Activities | -$723M |
| NET CASH FROM INVESTING | -$3.2B |
| Net Debt Issuance | $22M |
| Common Stock Repurchased | -$82.0K |
| Common Dividends Paid | -$40M |
| Other Financing Activities | $3.0B |
| NET CASH FROM FINANCING | $3.0B |
| FREE CASH FLOW | $149M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.1B |
| Short-Term Investments | $17.1B |
| Net Receivables | $2.0B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $28.3B |
| PP&E (Net) | $663M |
| Goodwill | $827M |
| Intangible Assets | $132M |
| Long-Term Investments | $39.6B |
| Tax Assets | $905M |
| Other Non-Current Assets | $444M |
| TOTAL NON-CURRENT ASSETS | $42.5B |
| TOTAL ASSETS | $70.8B |
| Account Payables | $159M |
| Short-Term Debt | $130M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $64.0B |
| TOTAL CURRENT LIABILITIES | $64.5B |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $227M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $66.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $4.1B |
| Treasury Stock | -$2.0B |
| Accum. Other Comp. Income | $2.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.6B |
| TOTAL LIABILITIES & EQUITY | $70.8B |
| Total Debt | $1.6B |
| Net Debt | -$7.5B |
