| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $33.2B | — | $29.7B | — | 12.1% |
| Op. Income | -$923M | — | -$2.9B | — | 68.0% |
| Gross Margin | 14.5% | — | 11.7% | — | 2.8pp |
| Net Margin | -1.3% | — | -9.2% | — | 7.9pp |
| EPS (Diluted) | $-1.61 | — | $-10.06 | — | 84.0% |
| Free Cash Flow | $442M | — | -$627M | — | 170.5% |
| Item | Amount |
|---|---|
| REVENUE | $33.2B |
| Cost of Revenue | $28.4B |
| GROSS PROFIT | $4.8B |
| R&D Expenses | $896M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $4.8B |
| Other Expenses | $0 |
| Operating Expenses | $5.7B |
| Cost & Expenses | $34.2B |
| OPERATING INCOME | -$923M |
| Interest Income | $63M |
| Interest Expense | $98M |
| Other Income/Expenses | $793M |
| INCOME BEFORE TAX | -$130M |
| Income Tax Expense | $344M |
| Net Income from Continuing Ops | -$474M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$438M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$438M |
| D&A | $964M |
| EBIT | -$32M |
| EBITDA | $932M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$438M |
| Depreciation & Amortization | $964M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$412M |
| Change in Working Capital | $1.1B |
| OPERATING CASH FLOW | $1.2B |
| Capital Expenditure | -$744M |
| Acquisitions (Net) | $60M |
| Purchases of Investments | -$83M |
| Sales/Maturities of Investments | $232M |
| Other Investing Activities | -$199M |
| NET CASH FROM INVESTING | -$734M |
| Net Debt Issuance | $16M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$424M |
| NET CASH FROM FINANCING | -$408M |
| FREE CASH FLOW | $442M |
| Net Change in Cash | -$516M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $0 |
| Net Receivables | $16.0B |
| Inventory | $7.2B |
| Other Current Assets | $2.6B |
| TOTAL CURRENT ASSETS | $27.4B |
| PP&E (Net) | $5.2B |
| Goodwill | $4.4B |
| Intangible Assets | $1.0B |
| Long-Term Investments | $2.3B |
| Tax Assets | $235M |
| Other Non-Current Assets | $4.4B |
| TOTAL NON-CURRENT ASSETS | $17.7B |
| TOTAL ASSETS | $46.1B |
| Account Payables | $4.7B |
| Short-Term Debt | $365M |
| Deferred Revenue | $15.1B |
| Other Current Liabilities | $7.4B |
| TOTAL CURRENT LIABILITIES | $29.3B |
| Long-Term Debt | $535M |
| Deferred Revenue NC | $173M |
| Deferred Tax Liabilities | $382M |
| Other Non-Current Liabilities | $6.5B |
| TOTAL NON-CURRENT LIABILITIES | $8.4B |
| TOTAL LIABILITIES | $37.7B |
| Common Stock | $8.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$635M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.4B |
| Minority Interest | $964M |
| TOTAL EQUITY | $8.4B |
| TOTAL LIABILITIES & EQUITY | $46.1B |
| Total Debt | $1.7B |
| Net Debt | $158M |
