| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.1B | $3.0B | $2.5B | 1.6% | 24.4% |
| Op. Income | $549M | $612M | $813M | -10.3% | -32.5% |
| Gross Margin | 59.7% | 63.2% | 82.8% | -3.5pp | -23.1pp |
| Net Margin | 13.9% | 15.7% | 25.6% | -1.8pp | -11.7pp |
| EPS (Diluted) | $0.85 | $0.92 | $1.23 | -7.6% | -30.9% |
| Free Cash Flow | $982M | $83M | $2.9B | 1083.1% | -66.3% |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $48M |
| General & Administrative | $701M |
| SG&A Expenses | $749M |
| Other Expenses | $544M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $549M |
| Interest Income | $2.6B |
| Interest Expense | $1.1B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $549M |
| Income Tax Expense | $119M |
| Net Income from Continuing Ops | $430M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $430M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $400M |
| D&A | $122M |
| EBIT | $549M |
| EBITDA | $671M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $48M |
| General & Administrative | $701M |
| SG&A Expenses | $749M |
| Other Expenses | $544M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $549M |
| Interest Income | $2.6B |
| Interest Expense | $1.1B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $549M |
| Income Tax Expense | $119M |
| Net Income from Continuing Ops | $430M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $430M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $400M |
| D&A | $122M |
| EBIT | $549M |
| EBITDA | $671M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $430M |
| Depreciation & Amortization | $122M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | -$21M |
| Other Non-Cash Items | $643M |
| Change in Working Capital | -$177M |
| OPERATING CASH FLOW | $1.0B |
| Capital Expenditure | -$33M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.4B |
| Sales/Maturities of Investments | $1.6B |
| Other Investing Activities | $1.2B |
| NET CASH FROM INVESTING | $382M |
| Net Debt Issuance | $2.4B |
| Common Stock Repurchased | -$250M |
| Common Dividends Paid | -$199M |
| Other Financing Activities | $537M |
| NET CASH FROM FINANCING | $2.4B |
| FREE CASH FLOW | $982M |
| Net Change in Cash | $3.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15.7B |
| Short-Term Investments | $24.7B |
| Net Receivables | $1.2B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $41.6B |
| PP&E (Net) | $878M |
| Goodwill | $8.2B |
| Intangible Assets | $167M |
| Long-Term Investments | $156.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $17.5B |
| TOTAL NON-CURRENT ASSETS | $183.7B |
| TOTAL ASSETS | $225.3B |
| Account Payables | $0 |
| Short-Term Debt | $232M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $178.2B |
| TOTAL CURRENT LIABILITIES | $178.4B |
| Long-Term Debt | $17.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6.6B |
| TOTAL NON-CURRENT LIABILITIES | $24.0B |
| TOTAL LIABILITIES | $202.4B |
| Common Stock | $6M |
| Additional Paid-In Capital | $22.2B |
| Retained Earnings | $9.9B |
| Treasury Stock | -$6.0B |
| Accum. Other Comp. Income | -$5.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $22.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $22.9B |
| TOTAL LIABILITIES & EQUITY | $225.3B |
| Total Debt | $17.6B |
| Net Debt | $1.9B |
