| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.7B | $3.7B | $1.6B | 0.7% | 129.7% |
| Op. Income | $1.0B | $713M | $9.5B | 40.8% | -89.4% |
| Gross Margin | 64.1% | 60.4% | 29.0% | 3.6pp | 35.0pp |
| Net Margin | 19.7% | 14.0% | 590.4% | 5.8pp | -570.7pp |
| EPS (Diluted) | $49.26 | $34.32 | $653.66 | 43.5% | -92.5% |
| Free Cash Flow | $176M | $485M | -$694M | -63.7% | 125.4% |
| Item | Amount |
|---|---|
| REVENUE | $3.7B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $2.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $14M |
| General & Administrative | $830M |
| SG&A Expenses | $844M |
| Other Expenses | $524M |
| Operating Expenses | $1.4B |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $1.0B |
| Interest Income | $3.1B |
| Interest Expense | $1.3B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.0B |
| Income Tax Expense | $273M |
| Net Income from Continuing Ops | $731M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $731M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $716M |
| D&A | -$12M |
| EBIT | $1.0B |
| EBITDA | $992M |
| EPS | $49 |
| EPS Diluted | $49 |
| Item | Amount |
|---|---|
| REVENUE | $3.7B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $2.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $14M |
| General & Administrative | $830M |
| SG&A Expenses | $844M |
| Other Expenses | $524M |
| Operating Expenses | $1.4B |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $1.0B |
| Interest Income | $3.1B |
| Interest Expense | $1.3B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.0B |
| Income Tax Expense | $273M |
| Net Income from Continuing Ops | $731M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $731M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $716M |
| D&A | -$12M |
| EBIT | $1.0B |
| EBITDA | $992M |
| EPS | $49 |
| EPS Diluted | $49 |
| Item | Amount |
|---|---|
| Net Income | $731M |
| Depreciation & Amortization | -$12M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $93M |
| Change in Working Capital | -$352M |
| OPERATING CASH FLOW | $461M |
| Capital Expenditure | -$285M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6.5B |
| Sales/Maturities of Investments | $1.6B |
| Other Investing Activities | $884M |
| NET CASH FROM INVESTING | -$4.3B |
| Net Debt Issuance | -$31M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$39M |
| Other Financing Activities | $3.7B |
| NET CASH FROM FINANCING | $3.6B |
| FREE CASH FLOW | $176M |
| Net Change in Cash | -$210M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $31.5B |
| Short-Term Investments | $24.9B |
| Net Receivables | $3.2B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $59.6B |
| PP&E (Net) | $11.1B |
| Goodwill | $346M |
| Intangible Assets | $320M |
| Long-Term Investments | $144.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $157.9B |
| TOTAL ASSETS | $217.8B |
| Account Payables | $141M |
| Short-Term Debt | $395M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $149.6B |
| TOTAL CURRENT LIABILITIES | $150.7B |
| Long-Term Debt | $37.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.5B |
| Other Non-Current Liabilities | $4.2B |
| TOTAL NON-CURRENT LIABILITIES | $45.3B |
| TOTAL LIABILITIES | $196.0B |
| Common Stock | $15M |
| Additional Paid-In Capital | $4.1B |
| Retained Earnings | $17.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$582M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $21.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $21.8B |
| TOTAL LIABILITIES & EQUITY | $217.8B |
| Total Debt | $37.9B |
| Net Debt | $6.4B |
