| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.7B | $1.5B | 3.2% | 20.7% |
| Op. Income | $653M | $526M | $423M | 24.2% | 54.4% |
| Gross Margin | 51.5% | 48.6% | 44.4% | 2.9pp | 7.0pp |
| Net Margin | 23.7% | 21.2% | 18.8% | 2.5pp | 4.9pp |
| EPS (Diluted) | $1.51 | $1.32 | $1.05 | 15.0% | 43.8% |
| Free Cash Flow | -$134M | -$683M | $58M | 80.3% | -330.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $863M |
| GROSS PROFIT | $915M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $262M |
| Operating Expenses | $262M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $653M |
| Interest Income | $730.8K |
| Interest Expense | $166M |
| Other Income/Expenses | -$114M |
| INCOME BEFORE TAX | $539M |
| Income Tax Expense | $118M |
| Net Income from Continuing Ops | $421M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $421M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $409M |
| D&A | $189M |
| EBIT | $653M |
| EBITDA | $842M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $863M |
| GROSS PROFIT | $915M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $262M |
| Operating Expenses | $262M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $653M |
| Interest Income | $730.8K |
| Interest Expense | $166M |
| Other Income/Expenses | -$114M |
| INCOME BEFORE TAX | $539M |
| Income Tax Expense | $118M |
| Net Income from Continuing Ops | $421M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $421M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $409M |
| D&A | $189M |
| EBIT | $653M |
| EBITDA | $842M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $421M |
| Depreciation & Amortization | $189M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $113M |
| Other Non-Cash Items | -$244M |
| Change in Working Capital | -$147M |
| OPERATING CASH FLOW | $331M |
| Capital Expenditure | -$466M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$468M |
| Net Debt Issuance | $212M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$86M |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | $112M |
| FREE CASH FLOW | -$134M |
| Net Change in Cash | -$22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $205M |
| Short-Term Investments | $0 |
| Net Receivables | $852M |
| Inventory | $537M |
| Other Current Assets | $1.2B |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $17.1B |
| Goodwill | $4.4B |
| Intangible Assets | $0 |
| Long-Term Investments | $1.0B |
| Tax Assets | $77M |
| Other Non-Current Assets | $2.9B |
| TOTAL NON-CURRENT ASSETS | $25.5B |
| TOTAL ASSETS | $28.4B |
| Account Payables | $953M |
| Short-Term Debt | $2.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $796M |
| TOTAL CURRENT LIABILITIES | $4.3B |
| Long-Term Debt | $11.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.6B |
| Other Non-Current Liabilities | $2.2B |
| TOTAL NON-CURRENT LIABILITIES | $15.4B |
| TOTAL LIABILITIES | $19.7B |
| Common Stock | $5.7B |
| Additional Paid-In Capital | $59M |
| Retained Earnings | $1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $422M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.7B |
| Minority Interest | $10M |
| TOTAL EQUITY | $8.7B |
| TOTAL LIABILITIES & EQUITY | $28.4B |
| Total Debt | $14.1B |
| Net Debt | $13.9B |
