| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.6B | $4.4B | $4.0B | 2.5% | 13.9% |
| Op. Income | $979M | $888M | $941M | 10.2% | 4.0% |
| Gross Margin | 30.4% | 29.3% | 33.1% | 1.2pp | -2.7pp |
| Net Margin | 16.4% | 15.5% | 18.3% | 0.9pp | -1.9pp |
| EPS (Diluted) | $0.18 | $0.16 | $0.17 | 12.5% | 5.9% |
| Free Cash Flow | $589M | $656M | $712M | -10.2% | -17.3% |
| Item | Amount |
|---|---|
| REVENUE | $4.6B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $34M |
| General & Administrative | $330M |
| SG&A Expenses | $364M |
| Other Expenses | $42M |
| Operating Expenses | $406M |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $979M |
| Interest Income | $57M |
| Interest Expense | $8M |
| Other Income/Expenses | $65M |
| INCOME BEFORE TAX | $1.0B |
| Income Tax Expense | $295M |
| Net Income from Continuing Ops | $749M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $748M |
| Net Income Deductions | -$6M |
| BOTTOM LINE NET INCOME | $754M |
| D&A | $129M |
| EBIT | $979M |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.6B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $34M |
| General & Administrative | $330M |
| SG&A Expenses | $364M |
| Other Expenses | $42M |
| Operating Expenses | $406M |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $979M |
| Interest Income | $57M |
| Interest Expense | $8M |
| Other Income/Expenses | $65M |
| INCOME BEFORE TAX | $1.0B |
| Income Tax Expense | $295M |
| Net Income from Continuing Ops | $749M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $748M |
| Net Income Deductions | -$6M |
| BOTTOM LINE NET INCOME | $754M |
| D&A | $129M |
| EBIT | $979M |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $749M |
| Depreciation & Amortization | $128M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | $295M |
| Other Non-Cash Items | -$362M |
| Change in Working Capital | -$171M |
| OPERATING CASH FLOW | $656M |
| Capital Expenditure | -$67M |
| Acquisitions (Net) | -$83M |
| Purchases of Investments | -$2.2B |
| Sales/Maturities of Investments | $1.9B |
| Other Investing Activities | $34M |
| NET CASH FROM INVESTING | -$488M |
| Net Debt Issuance | -$36M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $16M |
| Other Financing Activities | -$26M |
| NET CASH FROM FINANCING | -$46M |
| FREE CASH FLOW | $589M |
| Net Change in Cash | $57M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $1.4B |
| Net Receivables | $4.8B |
| Inventory | $0 |
| Other Current Assets | $1.2B |
| TOTAL CURRENT ASSETS | $9.2B |
| PP&E (Net) | $2.3B |
| Goodwill | $847M |
| Intangible Assets | $225M |
| Long-Term Investments | $1.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $6.4B |
| TOTAL ASSETS | $15.6B |
| Account Payables | $512M |
| Short-Term Debt | $0 |
| Deferred Revenue | $855M |
| Other Current Liabilities | $3.2B |
| TOTAL CURRENT LIABILITIES | $4.6B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $138M |
| Other Non-Current Liabilities | $350M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $5.8B |
| Common Stock | $328M |
| Additional Paid-In Capital | $375M |
| Retained Earnings | $13.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.8B |
| Minority Interest | $49M |
| TOTAL EQUITY | $9.9B |
| TOTAL LIABILITIES & EQUITY | $15.6B |
| Total Debt | $685M |
| Net Debt | -$1.1B |
