| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.1B | $491M | 46.7% | 237.9% |
| Op. Income | $492M | $2.0B | $230M | -75.5% | 113.9% |
| Gross Margin | 61.0% | 42.6% | 74.9% | 18.4pp | -13.9pp |
| Net Margin | 24.9% | 177.4% | 34.8% | -152.5pp | -9.9pp |
| EPS (Diluted) | $1.66 | $8.62 | $1.03 | -80.7% | 61.2% |
| Free Cash Flow | -$4.6B | $3.0B | $215M | -253.7% | -2261.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $647M |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $465M |
| SG&A Expenses | $465M |
| Other Expenses | $55M |
| Operating Expenses | $520M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $492M |
| Interest Income | $1.5B |
| Interest Expense | $598M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $492M |
| Income Tax Expense | $79M |
| Net Income from Continuing Ops | $413M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $413M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $401M |
| D&A | $47M |
| EBIT | $492M |
| EBITDA | $539M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $647M |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $465M |
| SG&A Expenses | $465M |
| Other Expenses | $55M |
| Operating Expenses | $520M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $492M |
| Interest Income | $1.5B |
| Interest Expense | $598M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $492M |
| Income Tax Expense | $79M |
| Net Income from Continuing Ops | $413M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $413M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $401M |
| D&A | $47M |
| EBIT | $492M |
| EBITDA | $539M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $413M |
| Depreciation & Amortization | $47M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$55M |
| Other Non-Cash Items | -$199M |
| Change in Working Capital | -$4.8B |
| OPERATING CASH FLOW | -$4.6B |
| Capital Expenditure | -$42M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$668M |
| Sales/Maturities of Investments | $592M |
| Other Investing Activities | -$847M |
| NET CASH FROM INVESTING | -$965M |
| Net Debt Issuance | -$4.4B |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$231M |
| Other Financing Activities | $3.7B |
| NET CASH FROM FINANCING | -$839M |
| FREE CASH FLOW | -$4.6B |
| Net Change in Cash | -$6.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15.8B |
| Short-Term Investments | $6.5B |
| Net Receivables | $3.0B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $25.3B |
| PP&E (Net) | $660M |
| Goodwill | $2.4B |
| Intangible Assets | $1.7B |
| Long-Term Investments | $81.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $6.8B |
| TOTAL NON-CURRENT ASSETS | $93.5B |
| TOTAL ASSETS | $118.8B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $88.5B |
| TOTAL CURRENT LIABILITIES | $88.5B |
| Long-Term Debt | $16.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.8B |
| TOTAL NON-CURRENT LIABILITIES | $19.2B |
| TOTAL LIABILITIES | $107.7B |
| Common Stock | $7M |
| Additional Paid-In Capital | $8.2B |
| Retained Earnings | $3.2B |
| Treasury Stock | -$217M |
| Accum. Other Comp. Income | -$642M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $11.1B |
| TOTAL LIABILITIES & EQUITY | $118.8B |
| Total Debt | $16.4B |
| Net Debt | $606M |
