| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.4B | $1.8B | $3.1B | 85.3% | 7.8% |
| Op. Income | $1.5B | -$148M | $1.3B | 1106.8% | 15.8% |
| Gross Margin | 64.1% | 26.4% | 60.0% | 37.7pp | 4.1pp |
| Net Margin | 35.3% | -5.5% | 32.5% | 40.7pp | 2.7pp |
| EPS (Diluted) | $7.50 | $-0.63 | $6.40 | 1290.5% | 17.2% |
| Free Cash Flow | $569M | $648M | $628M | -12.2% | -9.4% |
| Item | Amount |
|---|---|
| REVENUE | $3.4B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $662M |
| Operating Expenses | $662M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $1.5B |
| Interest Income | $236M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $307M |
| NET INCOME | $1.2B |
| D&A | $24M |
| EBIT | $1.5B |
| EBITDA | $1.5B |
| EPS | $8 |
| EPS Diluted | $8 |
| Item | Amount |
|---|---|
| REVENUE | $3.4B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $662M |
| Operating Expenses | $662M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $1.5B |
| Interest Income | $236M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $307M |
| NET INCOME | $1.2B |
| D&A | $24M |
| EBIT | $1.5B |
| EBITDA | $1.5B |
| EPS | $8 |
| EPS Diluted | $8 |
| Item | Amount |
|---|---|
| Net Income | $1.2B |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $221M |
| Other Non-Cash Items | -$1.0B |
| Change in Working Capital | $176M |
| OPERATING CASH FLOW | $577M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$805M |
| Sales/Maturities of Investments | $448M |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$370M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$116M |
| Other Financing Activities | -$85M |
| NET CASH FROM FINANCING | -$199M |
| FREE CASH FLOW | $569M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $907M |
| Short-Term Investments | $13.8B |
| Net Receivables | $3.5B |
| Inventory | $0 |
| Other Current Assets | -$18.3B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $208M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $24.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$25.0B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $32.8B |
| Account Payables | $0 |
| Short-Term Debt | $25M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$25M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $790M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.3B |
| Other Non-Current Liabilities | -$2.2B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $20.7B |
| Common Stock | $397M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $13.1B |
| Treasury Stock | -$2.4B |
| Accum. Other Comp. Income | -$435M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $12.1B |
| TOTAL LIABILITIES & EQUITY | $32.8B |
| Total Debt | $874M |
| Net Debt | -$33M |
