| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.2B | $3.1B | $2.8B | 2.9% | 13.9% |
| Op. Income | $205M | $549M | $828M | -62.7% | -75.2% |
| Gross Margin | 57.2% | 59.7% | 75.3% | -2.5pp | -18.1pp |
| Net Margin | 6.0% | 13.9% | 23.4% | -8.0pp | -17.5pp |
| EPS (Diluted) | $0.34 | $0.85 | $1.25 | -60.0% | -72.8% |
| Free Cash Flow | $622M | $982M | $1.5B | -36.7% | -57.3% |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $45M |
| General & Administrative | $936M |
| SG&A Expenses | $981M |
| Other Expenses | $631M |
| Operating Expenses | $1.6B |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $205M |
| Interest Income | $2.7B |
| Interest Expense | $1.2B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $205M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $189M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $189M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $159M |
| D&A | $126M |
| EBIT | $205M |
| EBITDA | $331M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $45M |
| General & Administrative | $936M |
| SG&A Expenses | $981M |
| Other Expenses | $631M |
| Operating Expenses | $1.6B |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $205M |
| Interest Income | $2.7B |
| Interest Expense | $1.2B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $205M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $189M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $189M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $159M |
| D&A | $126M |
| EBIT | $205M |
| EBITDA | $331M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $189M |
| Depreciation & Amortization | $126M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | -$181M |
| Other Non-Cash Items | $235M |
| Change in Working Capital | $287M |
| OPERATING CASH FLOW | $670M |
| Capital Expenditure | -$48M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4.5B |
| Sales/Maturities of Investments | $1.2B |
| Other Investing Activities | $3.6B |
| NET CASH FROM INVESTING | $225M |
| Net Debt Issuance | -$3.6B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$199M |
| Other Financing Activities | -$808M |
| NET CASH FROM FINANCING | -$4.7B |
| FREE CASH FLOW | $622M |
| Net Change in Cash | -$3.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12.0B |
| Short-Term Investments | $29.7B |
| Net Receivables | $1.1B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $42.8B |
| PP&E (Net) | $895M |
| Goodwill | $8.2B |
| Intangible Assets | $157M |
| Long-Term Investments | $152.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $17.0B |
| TOTAL NON-CURRENT ASSETS | $179.1B |
| TOTAL ASSETS | $222.0B |
| Account Payables | $0 |
| Short-Term Debt | $505M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $177.3B |
| TOTAL CURRENT LIABILITIES | $177.8B |
| Long-Term Debt | $13.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6.3B |
| TOTAL NON-CURRENT LIABILITIES | $19.8B |
| TOTAL LIABILITIES | $197.6B |
| Common Stock | $6M |
| Additional Paid-In Capital | $22.3B |
| Retained Earnings | $9.8B |
| Treasury Stock | -$6.0B |
| Accum. Other Comp. Income | -$3.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $24.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $24.3B |
| TOTAL LIABILITIES & EQUITY | $222.0B |
| Total Debt | $14.0B |
| Net Debt | $1.9B |
