| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19.4B | $18.4B | $18.7B | 5.4% | 3.7% |
| Op. Income | $358M | $526M | $499M | -32.0% | -28.3% |
| Gross Margin | 11.5% | 12.1% | 11.5% | -0.6pp | 0.0pp |
| Net Margin | 0.1% | 0.6% | 2.5% | -0.5pp | -2.4pp |
| EPS (Diluted) | $0.01 | $0.05 | $0.21 | -84.7% | -96.2% |
| Free Cash Flow | $983M | $691M | $269M | 42.3% | 265.4% |
| Item | Amount |
|---|---|
| REVENUE | $19.4B |
| Cost of Revenue | $17.2B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $1M |
| Selling & Marketing | $1.2B |
| General & Administrative | $633M |
| SG&A Expenses | $1.8B |
| Other Expenses | $39M |
| Operating Expenses | $1.9B |
| Cost & Expenses | $19.1B |
| OPERATING INCOME | $358M |
| Interest Income | $0 |
| Interest Expense | $384M |
| Other Income/Expenses | -$340M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | -$24M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $474M |
| EBIT | $415M |
| EBITDA | $889M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $19.4B |
| Cost of Revenue | $17.2B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $1M |
| Selling & Marketing | $1.2B |
| General & Administrative | $633M |
| SG&A Expenses | $1.8B |
| Other Expenses | $39M |
| Operating Expenses | $1.9B |
| Cost & Expenses | $19.1B |
| OPERATING INCOME | $358M |
| Interest Income | $0 |
| Interest Expense | $384M |
| Other Income/Expenses | -$340M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | -$24M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $474M |
| EBIT | $415M |
| EBITDA | $889M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $576M |
| Stock-Based Compensation | $622.1K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $417M |
| Change in Working Capital | $374M |
| OPERATING CASH FLOW | $1.4B |
| Capital Expenditure | -$401M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $57M |
| NET CASH FROM INVESTING | -$346M |
| Net Debt Issuance | -$1.9B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$17M |
| NET CASH FROM FINANCING | -$1.9B |
| FREE CASH FLOW | $983M |
| Net Change in Cash | -$940M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.5B |
| Short-Term Investments | $0 |
| Net Receivables | $3.3B |
| Inventory | $6.6B |
| Other Current Assets | $1.4B |
| TOTAL CURRENT ASSETS | $15.8B |
| PP&E (Net) | $14.8B |
| Goodwill | $6.0B |
| Intangible Assets | $1.9B |
| Long-Term Investments | $55M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.0B |
| TOTAL NON-CURRENT ASSETS | $25.7B |
| TOTAL ASSETS | $41.5B |
| Account Payables | $5.1B |
| Short-Term Debt | $1.8B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $982M |
| TOTAL CURRENT LIABILITIES | $9.7B |
| Long-Term Debt | $18.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.3B |
| TOTAL NON-CURRENT LIABILITIES | $22.4B |
| TOTAL LIABILITIES | $32.1B |
| Common Stock | $4.7B |
| Additional Paid-In Capital | $43M |
| Retained Earnings | $3.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $843M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.7B |
| Minority Interest | $735M |
| TOTAL EQUITY | $9.5B |
| TOTAL LIABILITIES & EQUITY | $41.5B |
| Total Debt | $22.2B |
| Net Debt | $17.8B |
