| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.9B | $7.8B | $6.3B | -11.8% | 9.2% |
| Op. Income | $1.3B | $2.1B | $2.9B | -37.8% | -55.7% |
| Gross Margin | 24.1% | 28.9% | 47.9% | -4.8pp | -23.8pp |
| Net Margin | 10.5% | 24.6% | 20.8% | -14.1pp | -10.4pp |
| EPS (Diluted) | $0.34 | $0.89 | $0.60 | -62.3% | -43.9% |
| Free Cash Flow | $1.3B | $2.8B | $48M | -52.5% | 2663.6% |
| Item | Amount |
|---|---|
| REVENUE | $6.9B |
| Cost of Revenue | $5.2B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $307M |
| SG&A Expenses | $307M |
| Other Expenses | $71M |
| Operating Expenses | $378M |
| Cost & Expenses | $5.6B |
| OPERATING INCOME | $1.3B |
| Interest Income | $0 |
| Interest Expense | $101M |
| Other Income/Expenses | -$252M |
| INCOME BEFORE TAX | $1.0B |
| Income Tax Expense | $308M |
| Net Income from Continuing Ops | $721M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $721M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $721M |
| D&A | $1.1B |
| EBIT | $1.1B |
| EBITDA | $2.3B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $6.9B |
| Cost of Revenue | $5.2B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $307M |
| SG&A Expenses | $307M |
| Other Expenses | $71M |
| Operating Expenses | $378M |
| Cost & Expenses | $5.6B |
| OPERATING INCOME | $1.3B |
| Interest Income | $0 |
| Interest Expense | $101M |
| Other Income/Expenses | -$252M |
| INCOME BEFORE TAX | $1.0B |
| Income Tax Expense | $308M |
| Net Income from Continuing Ops | $721M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $721M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $721M |
| D&A | $1.1B |
| EBIT | $1.1B |
| EBITDA | $2.3B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $721M |
| Depreciation & Amortization | $1.1B |
| Stock-Based Compensation | $215M |
| Deferred Income Tax | $15M |
| Other Non-Cash Items | $36M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $2.1B |
| Capital Expenditure | -$763M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$254M |
| NET CASH FROM INVESTING | -$1.0B |
| Net Debt Issuance | -$58M |
| Common Stock Repurchased | -$443M |
| Common Dividends Paid | -$786M |
| Other Financing Activities | $128M |
| NET CASH FROM FINANCING | -$1.2B |
| FREE CASH FLOW | $1.3B |
| Net Change in Cash | -$80M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $561M |
| Short-Term Investments | $438M |
| Net Receivables | $2.5B |
| Inventory | $1.7B |
| Other Current Assets | $272M |
| TOTAL CURRENT ASSETS | $5.4B |
| PP&E (Net) | $49.6B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $458M |
| TOTAL NON-CURRENT ASSETS | $50.1B |
| TOTAL ASSETS | $55.5B |
| Account Payables | $832M |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $6.2B |
| Long-Term Debt | $6.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7.4B |
| Other Non-Current Liabilities | $6.3B |
| TOTAL NON-CURRENT LIABILITIES | $20.5B |
| TOTAL LIABILITIES | $26.7B |
| Common Stock | $8.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $20.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $150M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $28.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $28.9B |
| TOTAL LIABILITIES & EQUITY | $55.5B |
| Total Debt | $8.1B |
| Net Debt | $7.5B |
