| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.6B | $3.3B | $2.8B | 9.5% | 26.9% |
| Op. Income | $751M | $408M | $122M | 84.1% | 515.6% |
| Gross Margin | 26.5% | 20.1% | 11.7% | 6.4pp | 14.8pp |
| Net Margin | 18.6% | 11.1% | 4.3% | 7.5pp | 14.3pp |
| EPS (Diluted) | $16.27 | $9.30 | $3.11 | 74.9% | 423.2% |
| Free Cash Flow | $1.1B | $1.1B | $716M | 2.8% | 52.8% |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $2.6B |
| GROSS PROFIT | $953M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $202M |
| Operating Expenses | $202M |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $751M |
| Interest Income | $2M |
| Interest Expense | $33M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $750M |
| Income Tax Expense | $80M |
| Net Income from Continuing Ops | $670M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $670M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $662M |
| D&A | $0 |
| EBIT | $783M |
| EBITDA | $783M |
| EPS | $16 |
| EPS Diluted | $16 |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $2.6B |
| GROSS PROFIT | $953M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $202M |
| Operating Expenses | $202M |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $751M |
| Interest Income | $2M |
| Interest Expense | $33M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $750M |
| Income Tax Expense | $80M |
| Net Income from Continuing Ops | $670M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $670M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $662M |
| D&A | $0 |
| EBIT | $783M |
| EBITDA | $783M |
| EPS | $16 |
| EPS Diluted | $16 |
| Item | Amount |
|---|---|
| Net Income | $670M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | $424M |
| OPERATING CASH FLOW | $1.1B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.4B |
| Sales/Maturities of Investments | $700M |
| Other Investing Activities | -$286M |
| NET CASH FROM INVESTING | -$2.0B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$71M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $1.4B |
| FREE CASH FLOW | $1.1B |
| Net Change in Cash | $457M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.1B |
| Short-Term Investments | $12.6B |
| Net Receivables | $7.0B |
| Inventory | $0 |
| Other Current Assets | -$22.4B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $27.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$27.2B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $44.7B |
| Account Payables | $678M |
| Short-Term Debt | $2.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$3.1B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $3.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$3.1B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $33.8B |
| Common Stock | $1M |
| Additional Paid-In Capital | $3.8B |
| Retained Earnings | $12.9B |
| Treasury Stock | -$3.9B |
| Accum. Other Comp. Income | -$1.9B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $10.9B |
| TOTAL LIABILITIES & EQUITY | $44.7B |
| Total Debt | $5.4B |
| Net Debt | $3.4B |
