| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $28.5B | $26.0B | $18.5B | 9.5% | 54.4% |
| Op. Income | $2.8B | $1.7B | $3.8B | 58.8% | -26.6% |
| Gross Margin | 41.4% | 39.5% | 62.0% | 1.9pp | -20.6pp |
| Net Margin | 7.2% | 4.7% | 16.6% | 2.5pp | -9.4pp |
| EPS (Diluted) | $5.47 | $3.08 | $8.25 | 77.6% | -33.7% |
| Free Cash Flow | -$26.0B | $31.2B | $15.0B | -183.4% | -273.4% |
| Item | Amount |
|---|---|
| REVENUE | $28.5B |
| Cost of Revenue | $16.7B |
| GROSS PROFIT | $11.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $136M |
| General & Administrative | $4.2B |
| SG&A Expenses | $4.3B |
| Other Expenses | $4.7B |
| Operating Expenses | $9.1B |
| Cost & Expenses | $25.8B |
| OPERATING INCOME | $2.8B |
| Interest Income | $18.3B |
| Interest Expense | $16.7B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2.8B |
| Income Tax Expense | $698M |
| Net Income from Continuing Ops | $2.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.9B |
| D&A | $1.5B |
| EBIT | $2.8B |
| EBITDA | $4.3B |
| EPS | $6 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $28.5B |
| Cost of Revenue | $16.7B |
| GROSS PROFIT | $11.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $136M |
| General & Administrative | $4.2B |
| SG&A Expenses | $4.3B |
| Other Expenses | $4.7B |
| Operating Expenses | $9.1B |
| Cost & Expenses | $25.8B |
| OPERATING INCOME | $2.8B |
| Interest Income | $18.3B |
| Interest Expense | $16.7B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2.8B |
| Income Tax Expense | $698M |
| Net Income from Continuing Ops | $2.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.9B |
| D&A | $1.5B |
| EBIT | $2.8B |
| EBITDA | $4.3B |
| EPS | $6 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $2.1B |
| Depreciation & Amortization | $1.5B |
| Stock-Based Compensation | $228M |
| Deferred Income Tax | -$387M |
| Other Non-Cash Items | -$52.1B |
| Change in Working Capital | $23.1B |
| OPERATING CASH FLOW | -$25.5B |
| Capital Expenditure | -$507M |
| Acquisitions (Net) | $7.7B |
| Purchases of Investments | -$10.7B |
| Sales/Maturities of Investments | $3.0B |
| Other Investing Activities | -$7.5B |
| NET CASH FROM INVESTING | -$8.0B |
| Net Debt Issuance | $2.5B |
| Common Stock Repurchased | -$2.5B |
| Common Dividends Paid | -$933M |
| Other Financing Activities | $6.0B |
| NET CASH FROM FINANCING | $6.4B |
| FREE CASH FLOW | -$26.0B |
| Net Change in Cash | -$31.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $239.9B |
| Short-Term Investments | $630.1B |
| Net Receivables | $155.3B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.0T |
| PP&E (Net) | $15.3B |
| Goodwill | $5.9B |
| Intangible Assets | $1.3B |
| Long-Term Investments | $337.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $192.0B |
| TOTAL NON-CURRENT ASSETS | $551.9B |
| TOTAL ASSETS | $1.6T |
| Account Payables | $252.3B |
| Short-Term Debt | $304.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $543.3B |
| TOTAL CURRENT LIABILITIES | $1.1T |
| Long-Term Debt | $230.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $119.7B |
| TOTAL NON-CURRENT LIABILITIES | $352.0B |
| TOTAL LIABILITIES | $1.5T |
| Common Stock | $9M |
| Additional Paid-In Capital | $60.2B |
| Retained Earnings | $142.7B |
| Treasury Stock | -$99.4B |
| Accum. Other Comp. Income | -$2.6B |
| Other Equity | $5.1B |
| TOTAL STOCKHOLDERS' EQUITY | $117.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $117.3B |
| TOTAL LIABILITIES & EQUITY | $1.6T |
| Total Debt | $536.7B |
| Net Debt | $296.8B |
