| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.4B | $7.3B | $6.0B | 1.2% | 24.3% |
| Op. Income | $20M | -$176M | $354M | 111.4% | -94.4% |
| Gross Margin | 72.4% | 72.5% | 73.9% | -0.1pp | -1.5pp |
| Net Margin | 0.4% | -0.4% | 7.9% | 0.8pp | -7.5pp |
| EPS (Diluted) | $0.03 | $-0.03 | $0.50 | 198.6% | -94.4% |
| Free Cash Flow | $3.5B | $1.8B | $3.1B | 92.7% | 14.4% |
| Item | Amount |
|---|---|
| REVENUE | $7.4B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $5.4B |
| R&D Expenses | $1.3B |
| Selling & Marketing | $3.4B |
| General & Administrative | $656M |
| SG&A Expenses | $4.0B |
| Other Expenses | $0 |
| Operating Expenses | $5.3B |
| Cost & Expenses | $7.4B |
| OPERATING INCOME | $20M |
| Interest Income | $0 |
| Interest Expense | $74M |
| Other Income/Expenses | -$49M |
| INCOME BEFORE TAX | -$29M |
| Income Tax Expense | -$57M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $906M |
| EBIT | $20M |
| EBITDA | $926M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $28M |
| Depreciation & Amortization | $906M |
| Stock-Based Compensation | $776M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $387M |
| Change in Working Capital | $1.6B |
| OPERATING CASH FLOW | $3.7B |
| Capital Expenditure | -$179M |
| Acquisitions (Net) | -$414M |
| Purchases of Investments | -$2.8B |
| Sales/Maturities of Investments | $931M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2.5B |
| Net Debt Issuance | -$73M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $274M |
| NET CASH FROM FINANCING | $201M |
| FREE CASH FLOW | $3.5B |
| Net Change in Cash | $1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.9B |
| Short-Term Investments | $6.6B |
| Net Receivables | $4.0B |
| Inventory | $0 |
| Other Current Assets | $1.5B |
| TOTAL CURRENT ASSETS | $20.4B |
| PP&E (Net) | $5.8B |
| Goodwill | $48.3B |
| Intangible Assets | $8.6B |
| Long-Term Investments | $4.9B |
| Tax Assets | $2.7B |
| Other Non-Current Assets | $2.3B |
| TOTAL NON-CURRENT ASSETS | $72.6B |
| TOTAL ASSETS | $93.0B |
| Account Payables | $0 |
| Short-Term Debt | $1.0B |
| Deferred Revenue | $13.6B |
| Other Current Liabilities | $4.6B |
| TOTAL CURRENT LIABILITIES | $19.9B |
| Long-Term Debt | $9.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.9B |
| TOTAL NON-CURRENT LIABILITIES | $14.2B |
| TOTAL LIABILITIES | $34.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $51.8B |
| Retained Earnings | $7.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$310M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $58.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $58.9B |
| TOTAL LIABILITIES & EQUITY | $93.0B |
| Total Debt | $14.0B |
| Net Debt | $7.1B |
