| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $26.0B | $25.4B | $15.0B | 2.6% | 73.9% |
| Op. Income | $1.7B | $4.0B | $3.5B | -56.5% | -51.0% |
| Gross Margin | 39.5% | 48.8% | 74.7% | -9.4pp | -35.3pp |
| Net Margin | 4.7% | 12.7% | 19.5% | -8.1pp | -14.9pp |
| EPS (Diluted) | $3.08 | $8.79 | $7.73 | -65.0% | -60.2% |
| Free Cash Flow | $31.2B | $8.8B | $44.3B | 254.7% | -29.6% |
| Item | Amount |
|---|---|
| REVENUE | $26.0B |
| Cost of Revenue | $15.8B |
| GROSS PROFIT | $10.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $146M |
| General & Administrative | $3.6B |
| SG&A Expenses | $3.8B |
| Other Expenses | $4.8B |
| Operating Expenses | $8.5B |
| Cost & Expenses | $24.3B |
| OPERATING INCOME | $1.7B |
| Interest Income | $16.8B |
| Interest Expense | $15.2B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.7B |
| Income Tax Expense | $520M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $1.6B |
| EBIT | $1.7B |
| EBITDA | $3.3B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $26.0B |
| Cost of Revenue | $15.8B |
| GROSS PROFIT | $10.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $146M |
| General & Administrative | $3.6B |
| SG&A Expenses | $3.8B |
| Other Expenses | $4.8B |
| Operating Expenses | $8.5B |
| Cost & Expenses | $24.3B |
| OPERATING INCOME | $1.7B |
| Interest Income | $16.8B |
| Interest Expense | $15.2B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.7B |
| Income Tax Expense | $520M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.1B |
| D&A | $1.6B |
| EBIT | $1.7B |
| EBITDA | $3.3B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $1.2B |
| Depreciation & Amortization | $1.6B |
| Stock-Based Compensation | $239M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5.3B |
| Change in Working Capital | $23.6B |
| OPERATING CASH FLOW | $31.9B |
| Capital Expenditure | -$666M |
| Acquisitions (Net) | -$8M |
| Purchases of Investments | -$6.6B |
| Sales/Maturities of Investments | $2.6B |
| Other Investing Activities | $642M |
| NET CASH FROM INVESTING | -$4.0B |
| Net Debt Issuance | -$7.1B |
| Common Stock Repurchased | -$750M |
| Common Dividends Paid | -$1.0B |
| Other Financing Activities | $22.8B |
| NET CASH FROM FINANCING | $13.9B |
| FREE CASH FLOW | $31.2B |
| Net Change in Cash | $41.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $270.9B |
| Short-Term Investments | $579.9B |
| Net Receivables | $168.8B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.0T |
| PP&E (Net) | $17.6B |
| Goodwill | $5.9B |
| Intangible Assets | $1.9B |
| Long-Term Investments | $343.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $183.2B |
| TOTAL NON-CURRENT ASSETS | $551.7B |
| TOTAL ASSETS | $1.6T |
| Account Payables | $257.8B |
| Short-Term Debt | $300.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $542.2B |
| TOTAL CURRENT LIABILITIES | $1.1T |
| Long-Term Debt | $236.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $107.4B |
| TOTAL NON-CURRENT LIABILITIES | $346.5B |
| TOTAL LIABILITIES | $1.5T |
| Common Stock | $9M |
| Additional Paid-In Capital | $60.2B |
| Retained Earnings | $141.8B |
| Treasury Stock | -$97.9B |
| Accum. Other Comp. Income | -$3.2B |
| Other Equity | $4.9B |
| TOTAL STOCKHOLDERS' EQUITY | $116.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $116.5B |
| TOTAL LIABILITIES & EQUITY | $1.6T |
| Total Debt | $539.4B |
| Net Debt | $268.5B |
