| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $29.6B | $26.5B | $26.7B | 11.9% | 10.7% |
| Op. Income | $990M | -$615M | $1.6B | 261.0% | -38.0% |
| Gross Margin | 15.2% | 13.9% | 18.3% | 1.2pp | -3.1pp |
| Net Margin | 2.5% | -2.0% | 4.6% | 4.5pp | -2.1pp |
| EPS (Diluted) | $6.11 | $-4.42 | $9.87 | 238.2% | -38.1% |
| Free Cash Flow | $246M | -$7.4B | $6.5B | 103.3% | -96.2% |
| Item | Amount |
|---|---|
| REVENUE | $29.6B |
| Cost of Revenue | $25.1B |
| GROSS PROFIT | $4.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $3.5B |
| Operating Expenses | $3.5B |
| Cost & Expenses | $28.6B |
| OPERATING INCOME | $990M |
| Interest Income | $0 |
| Interest Expense | $159M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $990M |
| Income Tax Expense | $251M |
| Net Income from Continuing Ops | $739M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $741M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $741M |
| D&A | $242M |
| EBIT | $1.1B |
| EBITDA | $1.4B |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| REVENUE | $29.6B |
| Cost of Revenue | $25.1B |
| GROSS PROFIT | $4.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $3.5B |
| Operating Expenses | $3.5B |
| Cost & Expenses | $28.6B |
| OPERATING INCOME | $990M |
| Interest Income | $0 |
| Interest Expense | $159M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $990M |
| Income Tax Expense | $251M |
| Net Income from Continuing Ops | $739M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $741M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $741M |
| D&A | $242M |
| EBIT | $1.1B |
| EBITDA | $1.4B |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| Net Income | $739M |
| Depreciation & Amortization | $242M |
| Stock-Based Compensation | $45M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $89M |
| Change in Working Capital | -$692M |
| OPERATING CASH FLOW | $423M |
| Capital Expenditure | -$177M |
| Acquisitions (Net) | -$14M |
| Purchases of Investments | -$1.3B |
| Sales/Maturities of Investments | $1.0B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$414M |
| Net Debt Issuance | $1.6B |
| Common Stock Repurchased | -$717M |
| Common Dividends Paid | -$109M |
| Other Financing Activities | $445M |
| NET CASH FROM FINANCING | $1.2B |
| FREE CASH FLOW | $246M |
| Net Change in Cash | $1.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.9B |
| Short-Term Investments | $0 |
| Net Receivables | $3.9B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $9.8B |
| PP&E (Net) | $3.0B |
| Goodwill | $9.6B |
| Intangible Assets | $1.7B |
| Long-Term Investments | $17.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $8.2B |
| TOTAL NON-CURRENT ASSETS | $40.3B |
| TOTAL ASSETS | $50.1B |
| Account Payables | $11.7B |
| Short-Term Debt | $822M |
| Deferred Revenue | $301M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $12.9B |
| Long-Term Debt | $12.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $8.7B |
| TOTAL NON-CURRENT LIABILITIES | $21.1B |
| TOTAL LIABILITIES | $33.9B |
| Common Stock | $33M |
| Additional Paid-In Capital | $3.4B |
| Retained Earnings | $28.2B |
| Treasury Stock | -$14.4B |
| Accum. Other Comp. Income | -$1.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16.1B |
| Minority Interest | $56M |
| TOTAL EQUITY | $16.2B |
| TOTAL LIABILITIES & EQUITY | $50.1B |
| Total Debt | $13.2B |
| Net Debt | $7.3B |
