| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $27.0B | — | $29.7B | — | -8.9% |
| Op. Income | $1.8B | — | $3.3B | — | -45.1% |
| Gross Margin | 39.6% | — | 41.8% | — | -2.1pp |
| Net Margin | -10.0% | — | 6.9% | — | -16.9pp |
| EPS (Diluted) | $-0.81 | — | $0.61 | — | -232.8% |
| Free Cash Flow | $398M | — | $2.9B | — | -86.2% |
| Item | Amount |
|---|---|
| REVENUE | $27.0B |
| Cost of Revenue | $16.3B |
| GROSS PROFIT | $10.7B |
| R&D Expenses | $4.9B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.9B |
| Other Expenses | $0 |
| Operating Expenses | $8.9B |
| Cost & Expenses | $25.2B |
| OPERATING INCOME | $1.8B |
| Interest Income | $195M |
| Interest Expense | $356M |
| Other Income/Expenses | -$4.2B |
| INCOME BEFORE TAX | -$2.4B |
| Income Tax Expense | $286M |
| Net Income from Continuing Ops | -$2.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2.7B |
| D&A | $1.0B |
| EBIT | -$2.0B |
| EBITDA | -$1.0B |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$2.7B |
| Depreciation & Amortization | $1.0B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3.7B |
| Change in Working Capital | -$1.2B |
| OPERATING CASH FLOW | $736M |
| Capital Expenditure | -$338M |
| Acquisitions (Net) | -$203M |
| Purchases of Investments | -$1.6B |
| Sales/Maturities of Investments | $1.2B |
| Other Investing Activities | $236M |
| NET CASH FROM INVESTING | -$894M |
| Net Debt Issuance | $1.2B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$922M |
| Other Financing Activities | -$189M |
| NET CASH FROM FINANCING | $103M |
| FREE CASH FLOW | $398M |
| Net Change in Cash | -$205M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.8B |
| Short-Term Investments | $1.0B |
| Net Receivables | $7.7B |
| Inventory | $3.9B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $16.7B |
| PP&E (Net) | $2.0B |
| Goodwill | $5.7B |
| Intangible Assets | $3.0B |
| Long-Term Investments | $2.3B |
| Tax Assets | $3.8B |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $16.8B |
| TOTAL ASSETS | $33.5B |
| Account Payables | $3.0B |
| Short-Term Debt | $2.1B |
| Deferred Revenue | $3.7B |
| Other Current Liabilities | $3.3B |
| TOTAL CURRENT LIABILITIES | $14.0B |
| Long-Term Debt | $3.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.8B |
| Other Non-Current Liabilities | $3.4B |
| TOTAL NON-CURRENT LIABILITIES | $9.0B |
| TOTAL LIABILITIES | $23.0B |
| Common Stock | $1.8B |
| Additional Paid-In Capital | $2.7B |
| Retained Earnings | $5.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $730M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.7B |
| Minority Interest | -$137M |
| TOTAL EQUITY | $10.5B |
| TOTAL LIABILITIES & EQUITY | $33.5B |
| Total Debt | $5.9B |
| Net Debt | $2.1B |
