FWONA Q3 2023 Earnings — Formula One Group Revenue & Financial Results | Market Cap Arena

FWONAFormula One Group

$20B

Q3 2023 Earnings

Communication Services Entertainment

Income Statement

Revenue

$887M+24.1% YoY

Gross Profit

$272M30.7% margin

Operating Income

$107M12.1% margin

Net Income

$118M13.3% margin

EPS (Diluted)

$0.39

QoQ Revenue Growth

+22.5%

Cash Flow

Operating Cash Flow

$246M

Free Cash Flow

$118M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$10.6B

Total Liabilities

$4.2B

Stockholders' Equity

$6.4B

Cash & Equivalents

$1.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$887M	$715M	+24.1%
Gross Profit	$272M	$221M	+23.1%
Operating Income	$107M	$64M	+67.2%
Net Income	$118M	$108M	+9.3%

Revenue Segments

Sirius XM Holdings Revenue

$2.3B71%

Formula 1

$887M28%

Other

$49M2%