| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.6B | $2.2B | $820M | 16.2% | 217.7% |
| Op. Income | $666M | $268M | -$1.1B | 148.5% | 163.2% |
| Gross Margin | 48.6% | 37.6% | -61.2% | 10.9pp | 109.8pp |
| Net Margin | 20.5% | 10.0% | -99.8% | 10.5pp | 120.3pp |
| EPS (Diluted) | $3.38 | $1.42 | $-5.13 | 138.0% | 165.9% |
| Free Cash Flow | $571M | $246M | $553M | 132.1% | 3.3% |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $599M |
| Operating Expenses | $599M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $666M |
| Interest Income | $217M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $666M |
| Income Tax Expense | $132M |
| NET INCOME | $534M |
| D&A | $34M |
| EBIT | $679M |
| EBITDA | $713M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $599M |
| Operating Expenses | $599M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $666M |
| Interest Income | $217M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $666M |
| Income Tax Expense | $132M |
| NET INCOME | $534M |
| D&A | $34M |
| EBIT | $679M |
| EBITDA | $713M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $534M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $81M |
| Other Non-Cash Items | -$424M |
| Change in Working Capital | $348M |
| OPERATING CASH FLOW | $575M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$829M |
| Sales/Maturities of Investments | $278M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$558M |
| Net Debt Issuance | -$25M |
| Common Stock Repurchased | -$41M |
| Common Dividends Paid | -$117M |
| Other Financing Activities | -$41M |
| NET CASH FROM FINANCING | -$224M |
| FREE CASH FLOW | $571M |
| Net Change in Cash | -$207M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $748M |
| Short-Term Investments | $12.9B |
| Net Receivables | $3.7B |
| Inventory | $0 |
| Other Current Assets | -$17.4B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $198M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $23.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$23.6B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $31.4B |
| Account Payables | $0 |
| Short-Term Debt | $25M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$25M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $789M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.2B |
| Other Non-Current Liabilities | -$2.0B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $20.3B |
| Common Stock | $397M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $12.2B |
| Treasury Stock | -$2.4B |
| Accum. Other Comp. Income | -$626M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $11.0B |
| TOTAL LIABILITIES & EQUITY | $31.4B |
| Total Debt | $867M |
| Net Debt | $119M |
