| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $736M | $1.1B | 81.7% | 19.1% |
| Op. Income | $268M | $16M | $226M | 1565.0% | 18.9% |
| Gross Margin | 41.2% | 30.3% | 40.3% | 11.0pp | 0.9pp |
| Net Margin | 15.1% | 2.0% | 15.3% | 13.1pp | -0.1pp |
| EPS (Diluted) | $3.65 | $0.26 | $3.07 | 1303.8% | 18.9% |
| Free Cash Flow | $305M | -$193M | $282M | 257.9% | 8.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $786M |
| GROSS PROFIT | $552M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $152M |
| Other Expenses | $131M |
| Operating Expenses | $283M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $268M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $273M |
| Income Tax Expense | $70M |
| Net Income from Continuing Ops | $202M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $202M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $202M |
| D&A | $37M |
| EBIT | $268M |
| EBITDA | $306M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $786M |
| GROSS PROFIT | $552M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $152M |
| Other Expenses | $131M |
| Operating Expenses | $283M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $268M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $273M |
| Income Tax Expense | $70M |
| Net Income from Continuing Ops | $202M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $202M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $202M |
| D&A | $37M |
| EBIT | $268M |
| EBITDA | $306M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $202M |
| Depreciation & Amortization | $37M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $179.0K |
| Change in Working Capital | $158M |
| OPERATING CASH FLOW | $408M |
| Capital Expenditure | -$103M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$288M |
| Sales/Maturities of Investments | -$431.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$391M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$191.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $349.0K |
| FREE CASH FLOW | $305M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $180M |
| Short-Term Investments | $280M |
| Net Receivables | $5M |
| Inventory | $585M |
| Other Current Assets | $123M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $2.6B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $8M |
| Tax Assets | $0 |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $3.9B |
| Account Payables | $256M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $716M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $67M |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $551.0K |
| Additional Paid-In Capital | $183M |
| Retained Earnings | $1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $3.9B |
| Total Debt | $1.7B |
| Net Debt | $1.6B |
