| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $36.5B | $30.4B | $21.5B | 19.8% | 69.8% |
| Op. Income | $6.2B | $3.2B | $5.3B | 94.7% | 17.4% |
| Gross Margin | 50.6% | 53.2% | 86.0% | -2.6pp | -35.4pp |
| Net Margin | 12.6% | 8.3% | 20.1% | 4.4pp | -7.4pp |
| EPS (Diluted) | $2.19 | $1.16 | $2.02 | 88.8% | 8.4% |
| Free Cash Flow | -$32.1B | $27.3B | -$10.5B | -217.8% | -206.6% |
| Item | Amount |
|---|---|
| REVENUE | $36.5B |
| Cost of Revenue | $18.0B |
| GROSS PROFIT | $18.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $331M |
| General & Administrative | $7.6B |
| SG&A Expenses | $7.9B |
| Other Expenses | $4.4B |
| Operating Expenses | $12.3B |
| Cost & Expenses | $30.3B |
| OPERATING INCOME | $6.2B |
| Interest Income | $29.4B |
| Interest Expense | $16.0B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6.2B |
| Income Tax Expense | $1.5B |
| Net Income from Continuing Ops | $4.7B |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $4.6B |
| Net Income Deductions | -$11M |
| BOTTOM LINE NET INCOME | $4.3B |
| D&A | $1.1B |
| EBIT | $6.2B |
| EBITDA | $7.3B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $36.5B |
| Cost of Revenue | $18.0B |
| GROSS PROFIT | $18.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $331M |
| General & Administrative | $7.6B |
| SG&A Expenses | $7.9B |
| Other Expenses | $4.4B |
| Operating Expenses | $12.3B |
| Cost & Expenses | $30.3B |
| OPERATING INCOME | $6.2B |
| Interest Income | $29.4B |
| Interest Expense | $16.0B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6.2B |
| Income Tax Expense | $1.5B |
| Net Income from Continuing Ops | $4.7B |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $4.6B |
| Net Income Deductions | -$11M |
| BOTTOM LINE NET INCOME | $4.3B |
| D&A | $1.1B |
| EBIT | $6.2B |
| EBITDA | $7.3B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $4.6B |
| Depreciation & Amortization | $1.1B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$28M |
| Other Non-Cash Items | $3.9B |
| Change in Working Capital | -$40.1B |
| OPERATING CASH FLOW | -$30.5B |
| Capital Expenditure | -$1.6B |
| Acquisitions (Net) | -$29M |
| Purchases of Investments | -$53.3B |
| Sales/Maturities of Investments | $71.6B |
| Other Investing Activities | -$19.7B |
| NET CASH FROM INVESTING | -$3.1B |
| Net Debt Issuance | -$3.6B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1.3B |
| Other Financing Activities | $19.4B |
| NET CASH FROM FINANCING | $15.8B |
| FREE CASH FLOW | -$32.1B |
| Net Change in Cash | -$18.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $329.0B |
| Short-Term Investments | $230.1B |
| Net Receivables | $55.8B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $614.9B |
| PP&E (Net) | $27.1B |
| Goodwill | $19.9B |
| Intangible Assets | $4.6B |
| Long-Term Investments | $906.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $882.0B |
| TOTAL NON-CURRENT ASSETS | $1.8T |
| TOTAL ASSETS | $2.5T |
| Account Payables | $76.7B |
| Short-Term Debt | $297.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.5T |
| TOTAL CURRENT LIABILITIES | $1.9T |
| Long-Term Debt | $279.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $76.4B |
| TOTAL NON-CURRENT LIABILITIES | $356.0B |
| TOTAL LIABILITIES | $2.2T |
| Common Stock | $31M |
| Additional Paid-In Capital | $108.4B |
| Retained Earnings | $198.4B |
| Treasury Stock | -$73.3B |
| Accum. Other Comp. Income | -$45.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $208.3B |
| Minority Interest | $724M |
| TOTAL EQUITY | $209.0B |
| TOTAL LIABILITIES & EQUITY | $2.5T |
| Total Debt | $577.6B |
| Net Debt | $248.6B |
