| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.6B | $6.5B | $6.8B | -14.1% | -17.4% |
| Op. Income | $2.6B | $2.9B | $546M | -9.8% | 371.1% |
| Gross Margin | 72.2% | 78.6% | 80.6% | -6.4pp | -8.4pp |
| Net Margin | 36.3% | 35.1% | 5.8% | 1.2pp | 30.5pp |
| EPS (Diluted) | $3.45 | $3.87 | $0.67 | -10.9% | 414.9% |
| Free Cash Flow | $1.6B | $2.1B | -$181M | -21.7% | 1001.1% |
| Item | Amount |
|---|---|
| REVENUE | $5.6B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $4.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.4B |
| General & Administrative | $145M |
| SG&A Expenses | $1.5B |
| Other Expenses | -$51M |
| Operating Expenses | $1.5B |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $2.6B |
| Interest Income | $0 |
| Interest Expense | $42M |
| Other Income/Expenses | $23M |
| INCOME BEFORE TAX | $2.6B |
| Income Tax Expense | $572M |
| Net Income from Continuing Ops | $2.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.0B |
| D&A | $798M |
| EBIT | $2.6B |
| EBITDA | $3.4B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $5.6B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $4.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.4B |
| General & Administrative | $145M |
| SG&A Expenses | $1.5B |
| Other Expenses | -$51M |
| Operating Expenses | $1.5B |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $2.6B |
| Interest Income | $0 |
| Interest Expense | $42M |
| Other Income/Expenses | $23M |
| INCOME BEFORE TAX | $2.6B |
| Income Tax Expense | $572M |
| Net Income from Continuing Ops | $2.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.0B |
| D&A | $798M |
| EBIT | $2.6B |
| EBITDA | $3.4B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $2.0B |
| Depreciation & Amortization | $798M |
| Stock-Based Compensation | $34M |
| Deferred Income Tax | $234M |
| Other Non-Cash Items | -$530M |
| Change in Working Capital | $696M |
| OPERATING CASH FLOW | $3.3B |
| Capital Expenditure | -$1.6B |
| Acquisitions (Net) | $92M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$35M |
| NET CASH FROM INVESTING | -$1.6B |
| Net Debt Issuance | -$1.3B |
| Common Stock Repurchased | -$317M |
| Common Dividends Paid | -$1.1B |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2.6B |
| FREE CASH FLOW | $1.6B |
| Net Change in Cash | -$954M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.0B |
| Short-Term Investments | $0 |
| Net Receivables | $2.5B |
| Inventory | $1.1B |
| Other Current Assets | $580M |
| TOTAL CURRENT ASSETS | $9.2B |
| PP&E (Net) | $30.2B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $31M |
| Other Non-Current Assets | $1.6B |
| TOTAL NON-CURRENT ASSETS | $31.8B |
| TOTAL ASSETS | $41.0B |
| Account Payables | $2.4B |
| Short-Term Debt | $33M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $284M |
| TOTAL CURRENT LIABILITIES | $4.2B |
| Long-Term Debt | $3.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4.9B |
| Other Non-Current Liabilities | $2.6B |
| TOTAL NON-CURRENT LIABILITIES | $11.3B |
| TOTAL LIABILITIES | $15.6B |
| Common Stock | $206M |
| Additional Paid-In Capital | $6.2B |
| Retained Earnings | $19.4B |
| Treasury Stock | -$393M |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $25.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $25.4B |
| TOTAL LIABILITIES & EQUITY | $41.0B |
| Total Debt | $4.2B |
| Net Debt | -$844M |
