| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $76.7B | $74.6B | $69.1B | 2.8% | 11.0% |
| Op. Income | $21.3B | $21.8B | $17.1B | -2.3% | 24.6% |
| Gross Margin | 56.7% | 57.2% | 54.9% | -0.5pp | 1.8pp |
| Net Margin | 25.7% | 24.6% | 20.1% | 1.1pp | 5.5pp |
| EPS (Diluted) | $1.55 | $1.44 | $1.06 | 7.6% | 46.2% |
| Free Cash Flow | $22.6B | $21.8B | $16.1B | 3.8% | 40.6% |
| Item | Amount |
|---|---|
| REVENUE | $76.7B |
| Cost of Revenue | $33.2B |
| GROSS PROFIT | $43.5B |
| R&D Expenses | $11.3B |
| Selling & Marketing | $6.9B |
| General & Administrative | $4.0B |
| SG&A Expenses | $10.9B |
| Other Expenses | $0 |
| Operating Expenses | $22.1B |
| Cost & Expenses | $55.4B |
| OPERATING INCOME | $21.3B |
| Interest Income | $1.1B |
| Interest Expense | $116M |
| Other Income/Expenses | -$146M |
| INCOME BEFORE TAX | $21.2B |
| Income Tax Expense | $1.5B |
| Net Income from Continuing Ops | $19.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19.7B |
| D&A | $3.2B |
| EBIT | $21.3B |
| EBITDA | $24.5B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $76.7B |
| Cost of Revenue | $33.2B |
| GROSS PROFIT | $43.5B |
| R&D Expenses | $11.3B |
| Selling & Marketing | $6.9B |
| General & Administrative | $4.0B |
| SG&A Expenses | $10.9B |
| Other Expenses | $0 |
| Operating Expenses | $22.1B |
| Cost & Expenses | $55.4B |
| OPERATING INCOME | $21.3B |
| Interest Income | $1.1B |
| Interest Expense | $116M |
| Other Income/Expenses | -$146M |
| INCOME BEFORE TAX | $21.2B |
| Income Tax Expense | $1.5B |
| Net Income from Continuing Ops | $19.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19.7B |
| D&A | $3.2B |
| EBIT | $21.3B |
| EBITDA | $24.5B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $19.7B |
| Depreciation & Amortization | $3.8B |
| Stock-Based Compensation | $5.7B |
| Deferred Income Tax | -$1.8B |
| Other Non-Cash Items | $1.1B |
| Change in Working Capital | $2.1B |
| OPERATING CASH FLOW | $30.7B |
| Capital Expenditure | -$8.1B |
| Acquisitions (Net) | -$126M |
| Purchases of Investments | -$14.5B |
| Sales/Maturities of Investments | $16.2B |
| Other Investing Activities | -$628M |
| NET CASH FROM INVESTING | -$7.2B |
| Net Debt Issuance | -$166M |
| Common Stock Repurchased | -$15.8B |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2.4B |
| NET CASH FROM FINANCING | -$18.4B |
| FREE CASH FLOW | $22.6B |
| Net Change in Cash | $4.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30.7B |
| Short-Term Investments | $89.2B |
| Net Receivables | $41.0B |
| Inventory | $3.0B |
| Other Current Assets | $12.4B |
| TOTAL CURRENT ASSETS | $176.3B |
| PP&E (Net) | $139.9B |
| Goodwill | $29.1B |
| Intangible Assets | $1.8B |
| Long-Term Investments | $30.9B |
| Tax Assets | $11.0B |
| Other Non-Current Assets | $7.6B |
| TOTAL NON-CURRENT ASSETS | $220.4B |
| TOTAL ASSETS | $396.7B |
| Account Payables | $5.8B |
| Short-Term Debt | $0 |
| Deferred Revenue | $4.3B |
| Other Current Liabilities | $21.7B |
| TOTAL CURRENT LIABILITIES | $86.3B |
| Long-Term Debt | $11.9B |
| Deferred Revenue NC | $884M |
| Deferred Tax Liabilities | $528M |
| Other Non-Current Liabilities | $9.5B |
| TOTAL NON-CURRENT LIABILITIES | $37.2B |
| TOTAL LIABILITIES | $123.5B |
| Common Stock | $74.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $205.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $273.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $273.2B |
| TOTAL LIABILITIES & EQUITY | $396.7B |
| Total Debt | $29.0B |
| Net Debt | -$1.7B |
