| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $41.4B | $40.7B | $30.4B | 1.6% | 36.0% |
| Op. Income | -$2.1B | $4.8B | $3.2B | -143.9% | -166.2% |
| Gross Margin | 37.0% | 44.0% | 53.2% | -7.0pp | -16.2pp |
| Net Margin | -4.4% | 8.7% | 8.3% | -13.1pp | -12.7pp |
| EPS (Diluted) | $-1.14 | $1.63 | $1.16 | -169.9% | -198.3% |
| Free Cash Flow | -$6.4B | $14.1B | $27.3B | -145.6% | -123.6% |
| Item | Amount |
|---|---|
| REVENUE | $41.4B |
| Cost of Revenue | $26.1B |
| GROSS PROFIT | $15.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $377M |
| General & Administrative | $6.9B |
| SG&A Expenses | $7.3B |
| Other Expenses | $10.1B |
| Operating Expenses | $17.4B |
| Cost & Expenses | $43.5B |
| OPERATING INCOME | -$2.1B |
| Interest Income | $36.4B |
| Interest Expense | $22.6B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$2.1B |
| Income Tax Expense | -$296M |
| Net Income from Continuing Ops | -$1.8B |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | -$1.8B |
| Net Income Deductions | -$15M |
| BOTTOM LINE NET INCOME | -$2.2B |
| D&A | $1.2B |
| EBIT | -$2.1B |
| EBITDA | -$931M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$1.8B |
| Depreciation & Amortization | $1.2B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$1.4B |
| Other Non-Cash Items | $3.5B |
| Change in Working Capital | -$6.1B |
| OPERATING CASH FLOW | -$4.7B |
| Capital Expenditure | -$1.8B |
| Acquisitions (Net) | -$227M |
| Purchases of Investments | -$64.6B |
| Sales/Maturities of Investments | $63.6B |
| Other Investing Activities | -$35.4B |
| NET CASH FROM INVESTING | -$38.5B |
| Net Debt Issuance | -$5.5B |
| Common Stock Repurchased | -$3.9B |
| Common Dividends Paid | -$1.3B |
| Other Financing Activities | $56.5B |
| NET CASH FROM FINANCING | $45.7B |
| FREE CASH FLOW | -$6.4B |
| Net Change in Cash | $6.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $260.9B |
| Short-Term Investments | $245.1B |
| Net Receivables | $54.2B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $560.2B |
| PP&E (Net) | $28.7B |
| Goodwill | $20.1B |
| Intangible Assets | $4.4B |
| Long-Term Investments | $933.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $865.2B |
| TOTAL NON-CURRENT ASSETS | $1.9T |
| TOTAL ASSETS | $2.4T |
| Account Payables | $63.5B |
| Short-Term Debt | $315.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.5T |
| TOTAL CURRENT LIABILITIES | $1.8T |
| Long-Term Debt | $286.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $75.8B |
| TOTAL NON-CURRENT LIABILITIES | $362.5B |
| TOTAL LIABILITIES | $2.2T |
| Common Stock | $31M |
| Additional Paid-In Capital | $109.0B |
| Retained Earnings | $198.9B |
| Treasury Stock | -$75.2B |
| Accum. Other Comp. Income | -$44.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $205.5B |
| Minority Interest | $798M |
| TOTAL EQUITY | $206.3B |
| TOTAL LIABILITIES & EQUITY | $2.4T |
| Total Debt | $602.2B |
| Net Debt | $341.3B |
