| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.1B | $3.2B | $2.9B | -1.5% | 8.3% |
| Op. Income | $430M | $205M | $664M | 109.8% | -35.2% |
| Gross Margin | 57.2% | 57.2% | 67.9% | -0.0pp | -10.7pp |
| Net Margin | 10.7% | 6.0% | 17.7% | 4.7pp | -7.0pp |
| EPS (Diluted) | $0.66 | $0.34 | $1.00 | 94.1% | -34.0% |
| Free Cash Flow | $544M | $622M | $1.1B | -12.5% | -50.6% |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $35M |
| General & Administrative | $767M |
| SG&A Expenses | $802M |
| Other Expenses | $556M |
| Operating Expenses | $1.4B |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $430M |
| Interest Income | $2.6B |
| Interest Expense | $1.2B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $430M |
| Income Tax Expense | $96M |
| Net Income from Continuing Ops | $334M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $334M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $304M |
| D&A | $102M |
| EBIT | $430M |
| EBITDA | $532M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $35M |
| General & Administrative | $767M |
| SG&A Expenses | $802M |
| Other Expenses | $556M |
| Operating Expenses | $1.4B |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $430M |
| Interest Income | $2.6B |
| Interest Expense | $1.2B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $430M |
| Income Tax Expense | $96M |
| Net Income from Continuing Ops | $334M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $334M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $304M |
| D&A | $102M |
| EBIT | $430M |
| EBITDA | $532M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $334M |
| Depreciation & Amortization | $102M |
| Stock-Based Compensation | $34M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $337M |
| Change in Working Capital | -$253M |
| OPERATING CASH FLOW | $554M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3.1B |
| Sales/Maturities of Investments | $1.4B |
| Other Investing Activities | $2.7B |
| NET CASH FROM INVESTING | $1.0B |
| Net Debt Issuance | -$168M |
| Common Stock Repurchased | -$300M |
| Common Dividends Paid | -$197M |
| Other Financing Activities | -$926M |
| NET CASH FROM FINANCING | -$1.6B |
| FREE CASH FLOW | $544M |
| Net Change in Cash | -$29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12.0B |
| Short-Term Investments | $31.1B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $43.1B |
| PP&E (Net) | $872M |
| Goodwill | $8.2B |
| Intangible Assets | $148M |
| Long-Term Investments | $151.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $17.1B |
| TOTAL NON-CURRENT ASSETS | $177.3B |
| TOTAL ASSETS | $220.4B |
| Account Payables | $0 |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $176.4B |
| TOTAL CURRENT LIABILITIES | $177.7B |
| Long-Term Debt | $12.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6.4B |
| TOTAL NON-CURRENT LIABILITIES | $19.0B |
| TOTAL LIABILITIES | $196.7B |
| Common Stock | $6M |
| Additional Paid-In Capital | $22.3B |
| Retained Earnings | $9.9B |
| Treasury Stock | -$6.3B |
| Accum. Other Comp. Income | -$4.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $23.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $23.8B |
| TOTAL LIABILITIES & EQUITY | $220.4B |
| Total Debt | $13.8B |
| Net Debt | $1.8B |
