| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.5B | $2.4B | $1.7B | 7.9% | 49.9% |
| Op. Income | $750M | $793M | $567M | -5.4% | 32.3% |
| Gross Margin | 72.3% | 79.5% | 95.6% | -7.2pp | -23.3pp |
| Net Margin | 23.7% | 27.4% | 27.2% | -3.7pp | -3.5pp |
| EPS (Diluted) | $0.39 | $0.42 | $0.29 | -7.1% | 34.5% |
| Free Cash Flow | $105M | $1.3B | $776M | -92.0% | -86.5% |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $704M |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $25M |
| General & Administrative | $669M |
| SG&A Expenses | $694M |
| Other Expenses | $392M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $750M |
| Interest Income | $2.0B |
| Interest Expense | $619M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $750M |
| Income Tax Expense | $144M |
| Net Income from Continuing Ops | $606M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $602M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $573M |
| D&A | $142M |
| EBIT | $750M |
| EBITDA | $892M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $704M |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $25M |
| General & Administrative | $669M |
| SG&A Expenses | $694M |
| Other Expenses | $392M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $750M |
| Interest Income | $2.0B |
| Interest Expense | $619M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $750M |
| Income Tax Expense | $144M |
| Net Income from Continuing Ops | $606M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $602M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $573M |
| D&A | $142M |
| EBIT | $750M |
| EBITDA | $892M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $606M |
| Depreciation & Amortization | $142M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | $55M |
| Other Non-Cash Items | $61M |
| Change in Working Capital | -$759M |
| OPERATING CASH FLOW | $130M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.0B |
| Sales/Maturities of Investments | $1.3B |
| Other Investing Activities | -$1.6B |
| NET CASH FROM INVESTING | -$2.3B |
| Net Debt Issuance | $8.4B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$225M |
| Other Financing Activities | -$2.6B |
| NET CASH FROM FINANCING | $5.8B |
| FREE CASH FLOW | $105M |
| Net Change in Cash | $3.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.6B |
| Short-Term Investments | $496M |
| Net Receivables | $6.7B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $17.8B |
| PP&E (Net) | $1.1B |
| Goodwill | $5.6B |
| Intangible Assets | $685M |
| Long-Term Investments | $154.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $9.0B |
| TOTAL NON-CURRENT ASSETS | $171.3B |
| TOTAL ASSETS | $189.1B |
| Account Payables | $0 |
| Short-Term Debt | $6.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $145.3B |
| TOTAL CURRENT LIABILITIES | $152.2B |
| Long-Term Debt | $13.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.0B |
| TOTAL NON-CURRENT LIABILITIES | $18.1B |
| TOTAL LIABILITIES | $170.3B |
| Common Stock | $15M |
| Additional Paid-In Capital | $15.3B |
| Retained Earnings | $3.8B |
| Treasury Stock | -$82M |
| Accum. Other Comp. Income | -$2.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $18.8B |
| Minority Interest | $53M |
| TOTAL EQUITY | $18.8B |
| TOTAL LIABILITIES & EQUITY | $189.1B |
| Total Debt | $20.0B |
| Net Debt | $9.4B |
