| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $715M | $531M | $312M | 34.8% | 129.6% |
| Op. Income | $179M | -$19M | $105M | 1046.3% | 70.3% |
| Gross Margin | 71.0% | 61.0% | 91.4% | 9.9pp | -20.4pp |
| Net Margin | 18.6% | -2.6% | 25.2% | 21.3pp | -6.6pp |
| EPS (Diluted) | $0.64 | $-0.09 | $0.36 | 811.1% | 77.8% |
| Free Cash Flow | $266M | -$42M | $304M | 727.3% | -12.4% |
| Item | Amount |
|---|---|
| REVENUE | $715M |
| Cost of Revenue | $208M |
| GROSS PROFIT | $508M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $175M |
| SG&A Expenses | $177M |
| Other Expenses | $152M |
| Operating Expenses | $329M |
| Cost & Expenses | $536M |
| OPERATING INCOME | $179M |
| Interest Income | $673M |
| Interest Expense | $192M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $179M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $133M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $133M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $133M |
| D&A | $44M |
| EBIT | $179M |
| EBITDA | $223M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $715M |
| Cost of Revenue | $208M |
| GROSS PROFIT | $508M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $175M |
| SG&A Expenses | $177M |
| Other Expenses | $152M |
| Operating Expenses | $329M |
| Cost & Expenses | $536M |
| OPERATING INCOME | $179M |
| Interest Income | $673M |
| Interest Expense | $192M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $179M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $133M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $133M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $133M |
| D&A | $44M |
| EBIT | $179M |
| EBITDA | $223M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $133M |
| Depreciation & Amortization | $44M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$18M |
| Change in Working Capital | $103M |
| OPERATING CASH FLOW | $266M |
| Capital Expenditure | -$26.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$700.0K |
| Sales/Maturities of Investments | $126M |
| Other Investing Activities | -$117M |
| NET CASH FROM INVESTING | $9M |
| Net Debt Issuance | $300M |
| Common Stock Repurchased | -$742.0K |
| Common Dividends Paid | -$75M |
| Other Financing Activities | -$727M |
| NET CASH FROM FINANCING | -$503M |
| FREE CASH FLOW | $266M |
| Net Change in Cash | -$228M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.4B |
| Short-Term Investments | $9.0B |
| Net Receivables | $1.7B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $14.1B |
| PP&E (Net) | $488M |
| Goodwill | $1.0B |
| Intangible Assets | $840M |
| Long-Term Investments | $35.2B |
| Tax Assets | $363M |
| Other Non-Current Assets | $1.6B |
| TOTAL NON-CURRENT ASSETS | $39.5B |
| TOTAL ASSETS | $53.6B |
| Account Payables | $0 |
| Short-Term Debt | $295M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $40.8B |
| TOTAL CURRENT LIABILITIES | $41.1B |
| Long-Term Debt | $6.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $831M |
| TOTAL NON-CURRENT LIABILITIES | $7.6B |
| TOTAL LIABILITIES | $48.8B |
| Common Stock | $5.8B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$546M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$419M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.8B |
| TOTAL LIABILITIES & EQUITY | $53.6B |
| Total Debt | $7.1B |
| Net Debt | $3.7B |
