| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $29.0B | $27.5B | $24.0B | 5.5% | 20.8% |
| Op. Income | $2.5B | $293M | $1.4B | 742.4% | 77.5% |
| Gross Margin | 21.6% | 19.5% | 20.0% | 2.1pp | 1.6pp |
| Net Margin | 7.9% | 1.6% | 3.9% | 6.3pp | 4.0pp |
| EPS (Diluted) | $1.37 | $0.26 | $0.55 | 438.1% | 151.1% |
| Free Cash Flow | $531M | $1.8B | $3.0B | -70.9% | -82.4% |
| Item | Amount |
|---|---|
| REVENUE | $29.0B |
| Cost of Revenue | $22.7B |
| GROSS PROFIT | $6.2B |
| R&D Expenses | $1.2B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.5B |
| Other Expenses | $0 |
| Operating Expenses | $3.8B |
| Cost & Expenses | $26.5B |
| OPERATING INCOME | $2.5B |
| Interest Income | $206M |
| Interest Expense | $57M |
| Other Income/Expenses | $755M |
| INCOME BEFORE TAX | $3.2B |
| Income Tax Expense | $827M |
| Net Income from Continuing Ops | $2.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.3B |
| D&A | $1.2B |
| EBIT | $3.3B |
| EBITDA | $4.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $29.0B |
| Cost of Revenue | $22.7B |
| GROSS PROFIT | $6.2B |
| R&D Expenses | $1.2B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.5B |
| Other Expenses | $0 |
| Operating Expenses | $3.8B |
| Cost & Expenses | $26.5B |
| OPERATING INCOME | $2.5B |
| Interest Income | $206M |
| Interest Expense | $57M |
| Other Income/Expenses | $755M |
| INCOME BEFORE TAX | $3.2B |
| Income Tax Expense | $827M |
| Net Income from Continuing Ops | $2.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.3B |
| D&A | $1.2B |
| EBIT | $3.3B |
| EBITDA | $4.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.2B |
| Depreciation & Amortization | $1.2B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$383M |
| Change in Working Capital | -$2.8B |
| OPERATING CASH FLOW | $1.2B |
| Capital Expenditure | -$698M |
| Acquisitions (Net) | -$249M |
| Purchases of Investments | -$409M |
| Sales/Maturities of Investments | $553M |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | -$793M |
| Net Debt Issuance | $1.0B |
| Common Stock Repurchased | -$370M |
| Common Dividends Paid | -$626M |
| Other Financing Activities | -$130M |
| NET CASH FROM FINANCING | -$93M |
| FREE CASH FLOW | $531M |
| Net Change in Cash | $1.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $25.6B |
| Short-Term Investments | $1.4B |
| Net Receivables | $6.1B |
| Inventory | $14.3B |
| Other Current Assets | $15.6B |
| TOTAL CURRENT ASSETS | $63.1B |
| PP&E (Net) | $20.3B |
| Goodwill | $0 |
| Intangible Assets | $5.7B |
| Long-Term Investments | $12.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $64.3B |
| TOTAL NON-CURRENT ASSETS | $102.8B |
| TOTAL ASSETS | $165.9B |
| Account Payables | $8.5B |
| Short-Term Debt | $22.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10.5B |
| TOTAL CURRENT LIABILITIES | $43.8B |
| Long-Term Debt | $30.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12.5B |
| TOTAL NON-CURRENT LIABILITIES | $45.0B |
| TOTAL LIABILITIES | $88.8B |
| Common Stock | $539M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $64.2B |
| Treasury Stock | -$3.4B |
| Accum. Other Comp. Income | $12.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $75.2B |
| Minority Interest | $1.9B |
| TOTAL EQUITY | $77.0B |
| TOTAL LIABILITIES & EQUITY | $165.9B |
| Total Debt | $54.8B |
| Net Debt | $29.2B |
