| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $40.7B | $38.2B | $25.2B | 6.7% | 61.4% |
| Op. Income | $4.8B | $4.0B | $4.4B | 18.5% | 9.0% |
| Gross Margin | 44.0% | 46.2% | 65.6% | -2.2pp | -21.6pp |
| Net Margin | 8.7% | 7.6% | 13.8% | 1.1pp | -5.1pp |
| EPS (Diluted) | $1.63 | $1.33 | $1.63 | 22.6% | 0.0% |
| Free Cash Flow | $14.1B | -$55.5B | -$3.2B | 125.4% | 542.0% |
| Item | Amount |
|---|---|
| REVENUE | $40.7B |
| Cost of Revenue | $22.8B |
| GROSS PROFIT | $17.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $324M |
| General & Administrative | $7.4B |
| SG&A Expenses | $7.8B |
| Other Expenses | $5.4B |
| Operating Expenses | $13.1B |
| Cost & Expenses | $36.0B |
| OPERATING INCOME | $4.8B |
| Interest Income | $34.8B |
| Interest Expense | $21.0B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4.8B |
| Income Tax Expense | $1.2B |
| Net Income from Continuing Ops | $3.6B |
| Net Income from Discontinued Ops | $2M |
| Other Adjustments | $0 |
| NET INCOME | $3.5B |
| Net Income Deductions | -$16M |
| BOTTOM LINE NET INCOME | $3.2B |
| D&A | $1.1B |
| EBIT | $4.8B |
| EBITDA | $5.9B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $40.7B |
| Cost of Revenue | $22.8B |
| GROSS PROFIT | $17.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $324M |
| General & Administrative | $7.4B |
| SG&A Expenses | $7.8B |
| Other Expenses | $5.4B |
| Operating Expenses | $13.1B |
| Cost & Expenses | $36.0B |
| OPERATING INCOME | $4.8B |
| Interest Income | $34.8B |
| Interest Expense | $21.0B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4.8B |
| Income Tax Expense | $1.2B |
| Net Income from Continuing Ops | $3.6B |
| Net Income from Discontinued Ops | $2M |
| Other Adjustments | $0 |
| NET INCOME | $3.5B |
| Net Income Deductions | -$16M |
| BOTTOM LINE NET INCOME | $3.2B |
| D&A | $1.1B |
| EBIT | $4.8B |
| EBITDA | $5.9B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $3.5B |
| Depreciation & Amortization | $1.1B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$127M |
| Other Non-Cash Items | $2.4B |
| Change in Working Capital | $8.9B |
| OPERATING CASH FLOW | $15.8B |
| Capital Expenditure | -$1.7B |
| Acquisitions (Net) | -$1.1B |
| Purchases of Investments | -$56.9B |
| Sales/Maturities of Investments | $52.1B |
| Other Investing Activities | -$5.0B |
| NET CASH FROM INVESTING | -$12.7B |
| Net Debt Issuance | $6.7B |
| Common Stock Repurchased | -$1.2B |
| Common Dividends Paid | -$1.4B |
| Other Financing Activities | -$49.6B |
| NET CASH FROM FINANCING | -$44.0B |
| FREE CASH FLOW | $14.1B |
| Net Change in Cash | -$42.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $254.0B |
| Short-Term Investments | $227.1B |
| Net Receivables | $66.5B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $547.5B |
| PP&E (Net) | $28.0B |
| Goodwill | $19.8B |
| Intangible Assets | $4.5B |
| Long-Term Investments | $915.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $853.1B |
| TOTAL NON-CURRENT ASSETS | $1.8T |
| TOTAL ASSETS | $2.4T |
| Account Payables | $75.1B |
| Short-Term Debt | $299.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.4T |
| TOTAL CURRENT LIABILITIES | $1.8T |
| Long-Term Debt | $275.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $69.4B |
| TOTAL NON-CURRENT LIABILITIES | $345.1B |
| TOTAL LIABILITIES | $2.2T |
| Common Stock | $31M |
| Additional Paid-In Capital | $108.8B |
| Retained Earnings | $202.1B |
| Treasury Stock | -$74.7B |
| Accum. Other Comp. Income | -$46.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $209.5B |
| Minority Interest | $692M |
| TOTAL EQUITY | $210.2B |
| TOTAL LIABILITIES & EQUITY | $2.4T |
| Total Debt | $575.7B |
| Net Debt | $321.7B |
