| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $40.4B | $39.5B | $38.9B | 2.4% | 3.9% |
| Op. Income | $1.1B | -$194M | $1.2B | 670.1% | -9.2% |
| Gross Margin | 11.5% | 9.3% | 11.8% | 2.2pp | -0.3pp |
| Net Margin | 2.9% | 0.1% | 2.9% | 2.8pp | -0.0pp |
| EPS (Diluted) | $2.16 | $0.08 | $2.04 | 2480.6% | 5.9% |
| Free Cash Flow | -$607M | -$6M | $4.0B | -10016.7% | -115.0% |
| Item | Amount |
|---|---|
| REVENUE | $40.4B |
| Cost of Revenue | $35.8B |
| GROSS PROFIT | $4.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.2B |
| Other Expenses | $321M |
| Operating Expenses | $3.5B |
| Cost & Expenses | $39.3B |
| OPERATING INCOME | $1.1B |
| Interest Income | $0 |
| Interest Expense | $178M |
| Other Income/Expenses | $367M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $315M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $308M |
| EBIT | $1.7B |
| EBITDA | $2.0B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $40.4B |
| Cost of Revenue | $35.8B |
| GROSS PROFIT | $4.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.2B |
| Other Expenses | $321M |
| Operating Expenses | $3.5B |
| Cost & Expenses | $39.3B |
| OPERATING INCOME | $1.1B |
| Interest Income | $0 |
| Interest Expense | $178M |
| Other Income/Expenses | $367M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $315M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $308M |
| EBIT | $1.7B |
| EBITDA | $2.0B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $1.2B |
| Depreciation & Amortization | $308M |
| Stock-Based Compensation | $70M |
| Deferred Income Tax | $104M |
| Other Non-Cash Items | -$92M |
| Change in Working Capital | -$2.0B |
| OPERATING CASH FLOW | -$456M |
| Capital Expenditure | -$151M |
| Acquisitions (Net) | $879M |
| Purchases of Investments | -$1.3B |
| Sales/Maturities of Investments | $1.4B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $852M |
| Net Debt Issuance | $163M |
| Common Stock Repurchased | -$151M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $23M |
| FREE CASH FLOW | -$607M |
| Net Change in Cash | $392M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17.6B |
| Short-Term Investments | $2.1B |
| Net Receivables | $16.8B |
| Inventory | $0 |
| Other Current Assets | $2.0B |
| TOTAL CURRENT ASSETS | $38.4B |
| PP&E (Net) | $2.0B |
| Goodwill | $17.6B |
| Intangible Assets | $5.9B |
| Long-Term Investments | $16.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.2B |
| TOTAL NON-CURRENT ASSETS | $44.2B |
| TOTAL ASSETS | $82.6B |
| Account Payables | $12.1B |
| Short-Term Debt | $113M |
| Deferred Revenue | $681M |
| Other Current Liabilities | $18.1B |
| TOTAL CURRENT LIABILITIES | $32.8B |
| Long-Term Debt | $17.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $734M |
| Other Non-Current Liabilities | $4.2B |
| TOTAL NON-CURRENT LIABILITIES | $22.8B |
| TOTAL LIABILITIES | $55.6B |
| Common Stock | $1M |
| Additional Paid-In Capital | $20.4B |
| Retained Earnings | $13.2B |
| Treasury Stock | -$6.0B |
| Accum. Other Comp. Income | -$630M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $27.0B |
| Minority Interest | $106M |
| TOTAL EQUITY | $27.1B |
| TOTAL LIABILITIES & EQUITY | $82.6B |
| Total Debt | $18.0B |
| Net Debt | $415M |
