| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.7B | $7.1B | — | -6.0% | — |
| Op. Income | -$4.3B | $1.6B | — | -368.1% | — |
| Gross Margin | 76.8% | 70.6% | — | 6.2pp | — |
| Net Margin | -62.4% | 20.1% | — | -82.5pp | — |
| EPS (Diluted) | $-3.34 | $1.14 | — | -393.0% | — |
| Free Cash Flow | $2.1B | $2.0B | — | 8.2% | — |
| Item | Amount |
|---|---|
| REVENUE | $6.7B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $5.1B |
| R&D Expenses | $1.5B |
| Selling & Marketing | $743M |
| General & Administrative | $632M |
| SG&A Expenses | $1.4B |
| Other Expenses | $6.6B |
| Operating Expenses | $9.5B |
| Cost & Expenses | $11.0B |
| OPERATING INCOME | -$4.3B |
| Interest Income | $108M |
| Interest Expense | $254M |
| Other Income/Expenses | -$164M |
| INCOME BEFORE TAX | -$4.5B |
| Income Tax Expense | -$315M |
| Net Income from Continuing Ops | -$4.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $1M |
| NET INCOME | -$4.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4.2B |
| D&A | $690M |
| EBIT | -$4.2B |
| EBITDA | -$3.5B |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$4.2B |
| Depreciation & Amortization | $690M |
| Stock-Based Compensation | $187M |
| Deferred Income Tax | -$723M |
| Other Non-Cash Items | $6.7B |
| Change in Working Capital | -$459M |
| OPERATING CASH FLOW | $2.2B |
| Capital Expenditure | -$105M |
| Acquisitions (Net) | -$4.0B |
| Purchases of Investments | -$654M |
| Sales/Maturities of Investments | $2.6B |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$2.2B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$400M |
| Common Dividends Paid | -$990M |
| Other Financing Activities | -$117M |
| NET CASH FROM FINANCING | -$1.4B |
| FREE CASH FLOW | $2.1B |
| Net Change in Cash | -$1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.7B |
| Short-Term Investments | $1.3B |
| Net Receivables | $4.7B |
| Inventory | $1.9B |
| Other Current Assets | $1.5B |
| TOTAL CURRENT ASSETS | $14.0B |
| PP&E (Net) | $5.3B |
| Goodwill | $8.3B |
| Intangible Assets | $23.4B |
| Long-Term Investments | $1.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.0B |
| TOTAL NON-CURRENT ASSETS | $42.3B |
| TOTAL ASSETS | $56.3B |
| Account Payables | $622M |
| Short-Term Debt | $3.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.3B |
| TOTAL CURRENT LIABILITIES | $13.0B |
| Long-Term Debt | $21.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $933M |
| Other Non-Current Liabilities | $3.4B |
| TOTAL NON-CURRENT LIABILITIES | $25.8B |
| TOTAL LIABILITIES | $38.8B |
| Common Stock | $1M |
| Additional Paid-In Capital | $6.8B |
| Retained Earnings | $10.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $69M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $17.5B |
| Minority Interest | -$84M |
| TOTAL EQUITY | $17.5B |
| TOTAL LIABILITIES & EQUITY | $56.3B |
| Total Debt | $25.2B |
| Net Debt | $20.5B |
