| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $43.7B | $41.4B | $36.5B | 5.6% | 19.9% |
| Op. Income | $4.5B | -$2.1B | $6.2B | 316.1% | -26.5% |
| Gross Margin | 42.7% | 37.0% | 50.6% | 5.7pp | -7.9pp |
| Net Margin | 7.7% | -4.4% | 12.6% | 12.2pp | -4.9pp |
| EPS (Diluted) | $1.58 | $-1.14 | $2.19 | 238.6% | -27.9% |
| Free Cash Flow | -$12.4B | -$6.4B | -$32.1B | -93.4% | 61.3% |
| Item | Amount |
|---|---|
| REVENUE | $43.7B |
| Cost of Revenue | $25.0B |
| GROSS PROFIT | $18.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $228M |
| General & Administrative | $7.7B |
| SG&A Expenses | $7.9B |
| Other Expenses | $6.2B |
| Operating Expenses | $14.1B |
| Cost & Expenses | $39.2B |
| OPERATING INCOME | $4.5B |
| Interest Income | $36.2B |
| Interest Expense | $22.7B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4.5B |
| Income Tax Expense | $1.1B |
| Net Income from Continuing Ops | $3.4B |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $3.4B |
| Net Income Deductions | -$15M |
| BOTTOM LINE NET INCOME | $3.1B |
| D&A | $1.1B |
| EBIT | $4.5B |
| EBITDA | $5.7B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $43.7B |
| Cost of Revenue | $25.0B |
| GROSS PROFIT | $18.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $228M |
| General & Administrative | $7.7B |
| SG&A Expenses | $7.9B |
| Other Expenses | $6.2B |
| Operating Expenses | $14.1B |
| Cost & Expenses | $39.2B |
| OPERATING INCOME | $4.5B |
| Interest Income | $36.2B |
| Interest Expense | $22.7B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4.5B |
| Income Tax Expense | $1.1B |
| Net Income from Continuing Ops | $3.4B |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $3.4B |
| Net Income Deductions | -$15M |
| BOTTOM LINE NET INCOME | $3.1B |
| D&A | $1.1B |
| EBIT | $4.5B |
| EBITDA | $5.7B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $3.4B |
| Depreciation & Amortization | $1.1B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$348M |
| Other Non-Cash Items | $7.1B |
| Change in Working Capital | -$22.1B |
| OPERATING CASH FLOW | -$10.8B |
| Capital Expenditure | -$1.6B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$73.3B |
| Sales/Maturities of Investments | $75.5B |
| Other Investing Activities | $14.3B |
| NET CASH FROM INVESTING | $14.8B |
| Net Debt Issuance | -$5.3B |
| Common Stock Repurchased | -$963M |
| Common Dividends Paid | -$1.3B |
| Other Financing Activities | $19.3B |
| NET CASH FROM FINANCING | $12.4B |
| FREE CASH FLOW | -$12.4B |
| Net Change in Cash | $11.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $272.7B |
| Short-Term Investments | $253.1B |
| Net Receivables | $61.6B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $587.4B |
| PP&E (Net) | $29.2B |
| Goodwill | $20.0B |
| Intangible Assets | $4.3B |
| Long-Term Investments | $916.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $875.4B |
| TOTAL NON-CURRENT ASSETS | $1.8T |
| TOTAL ASSETS | $2.4T |
| Account Payables | $73.0B |
| Short-Term Debt | $331.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.5T |
| TOTAL CURRENT LIABILITIES | $1.9T |
| Long-Term Debt | $285.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $71.5B |
| TOTAL NON-CURRENT LIABILITIES | $357.0B |
| TOTAL LIABILITIES | $2.2T |
| Common Stock | $31M |
| Additional Paid-In Capital | $108.6B |
| Retained Earnings | $201.0B |
| Treasury Stock | -$74.9B |
| Accum. Other Comp. Income | -$45.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $206.6B |
| Minority Interest | $813M |
| TOTAL EQUITY | $207.4B |
| TOTAL LIABILITIES & EQUITY | $2.4T |
| Total Debt | $616.8B |
| Net Debt | $344.1B |
