| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.5B | — | $3.9B | — | 92.4% |
| Op. Income | $1.2B | — | $767M | — | 50.3% |
| Gross Margin | 57.5% | — | 62.9% | — | -5.4pp |
| Net Margin | 6.5% | — | 11.9% | — | -5.4pp |
| EPS (Diluted) | $0.11 | — | $0.10 | — | 4.8% |
| Free Cash Flow | $0 | — | $1.8B | — | -100.0% |
| Item | Amount |
|---|---|
| REVENUE | $7.5B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $4.3B |
| R&D Expenses | $228M |
| Selling & Marketing | $2.7B |
| General & Administrative | -$35M |
| SG&A Expenses | $2.7B |
| Other Expenses | $239M |
| Operating Expenses | $3.2B |
| Cost & Expenses | $6.3B |
| OPERATING INCOME | $1.2B |
| Interest Income | $3M |
| Interest Expense | $298M |
| Other Income/Expenses | -$252M |
| INCOME BEFORE TAX | $901M |
| Income Tax Expense | $387M |
| Net Income from Continuing Ops | $514M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $488M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $488M |
| D&A | $127M |
| EBIT | $1.7B |
| EBITDA | $1.8B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7.5B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $4.3B |
| R&D Expenses | $228M |
| Selling & Marketing | $2.7B |
| General & Administrative | -$35M |
| SG&A Expenses | $2.7B |
| Other Expenses | $239M |
| Operating Expenses | $3.2B |
| Cost & Expenses | $6.3B |
| OPERATING INCOME | $1.2B |
| Interest Income | $3M |
| Interest Expense | $298M |
| Other Income/Expenses | -$252M |
| INCOME BEFORE TAX | $901M |
| Income Tax Expense | $387M |
| Net Income from Continuing Ops | $514M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $488M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $488M |
| D&A | $127M |
| EBIT | $1.7B |
| EBITDA | $1.8B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $488M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $119M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$607M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $0 |
| Net Receivables | $1.8B |
| Inventory | $1.9B |
| Other Current Assets | $1.2B |
| TOTAL CURRENT ASSETS | $6.5B |
| PP&E (Net) | $2.6B |
| Goodwill | $11.2B |
| Intangible Assets | $25.0B |
| Long-Term Investments | $136M |
| Tax Assets | $357M |
| Other Non-Current Assets | $154M |
| TOTAL NON-CURRENT ASSETS | $39.4B |
| TOTAL ASSETS | $45.9B |
| Account Payables | $2.5B |
| Short-Term Debt | $820M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.1B |
| TOTAL CURRENT LIABILITIES | $6.3B |
| Long-Term Debt | $11.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.2B |
| TOTAL NON-CURRENT LIABILITIES | $17.1B |
| TOTAL LIABILITIES | $23.4B |
| Common Stock | $124M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $37.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$14.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $22.4B |
| Minority Interest | $166M |
| TOTAL EQUITY | $22.6B |
| TOTAL LIABILITIES & EQUITY | $45.9B |
| Total Debt | $12.7B |
| Net Debt | $11.3B |
