| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21.5B | $20.9B | $24.0B | 3.0% | -10.4% |
| Op. Income | $6.4B | $6.2B | $6.5B | 1.8% | -1.8% |
| Gross Margin | 70.0% | 68.0% | 67.0% | 2.0pp | 2.9pp |
| Net Margin | 23.9% | -0.3% | 20.0% | 24.2pp | 3.9pp |
| EPS (Diluted) | $1.96 | $-0.03 | $1.80 | 6633.3% | 8.9% |
| Free Cash Flow | $3.1B | $2.4B | $4.7B | 27.7% | -35.2% |
| Item | Amount |
|---|---|
| REVENUE | $21.5B |
| Cost of Revenue | $6.5B |
| GROSS PROFIT | $15.1B |
| R&D Expenses | $3.7B |
| Selling & Marketing | $0 |
| General & Administrative | $5.0B |
| SG&A Expenses | $5.0B |
| Other Expenses | $0 |
| Operating Expenses | $8.7B |
| Cost & Expenses | $15.2B |
| OPERATING INCOME | $6.4B |
| Interest Income | $326M |
| Interest Expense | $217M |
| Other Income/Expenses | -$52M |
| INCOME BEFORE TAX | $6.3B |
| Income Tax Expense | $930M |
| Net Income from Continuing Ops | $5.4B |
| Net Income from Discontinued Ops | -$232M |
| Other Adjustments | $0 |
| NET INCOME | $5.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5.1B |
| D&A | $1.9B |
| EBIT | $6.5B |
| EBITDA | $8.5B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $21.5B |
| Cost of Revenue | $6.5B |
| GROSS PROFIT | $15.1B |
| R&D Expenses | $3.7B |
| Selling & Marketing | $0 |
| General & Administrative | $5.0B |
| SG&A Expenses | $5.0B |
| Other Expenses | $0 |
| Operating Expenses | $8.7B |
| Cost & Expenses | $15.2B |
| OPERATING INCOME | $6.4B |
| Interest Income | $326M |
| Interest Expense | $217M |
| Other Income/Expenses | -$52M |
| INCOME BEFORE TAX | $6.3B |
| Income Tax Expense | $930M |
| Net Income from Continuing Ops | $5.4B |
| Net Income from Discontinued Ops | -$232M |
| Other Adjustments | $0 |
| NET INCOME | $5.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5.1B |
| D&A | $1.9B |
| EBIT | $6.5B |
| EBITDA | $8.5B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $5.1B |
| Depreciation & Amortization | $1.9B |
| Stock-Based Compensation | $382M |
| Deferred Income Tax | -$799M |
| Other Non-Cash Items | -$78M |
| Change in Working Capital | -$2.4B |
| OPERATING CASH FLOW | $4.2B |
| Capital Expenditure | -$1.1B |
| Acquisitions (Net) | $76M |
| Purchases of Investments | -$5.9B |
| Sales/Maturities of Investments | $4.1B |
| Other Investing Activities | -$925M |
| NET CASH FROM INVESTING | -$3.8B |
| Net Debt Issuance | -$7.1B |
| Common Stock Repurchased | -$381M |
| Common Dividends Paid | -$3.1B |
| Other Financing Activities | $4.6B |
| NET CASH FROM FINANCING | -$6.0B |
| FREE CASH FLOW | $3.1B |
| Net Change in Cash | -$5.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21.2B |
| Short-Term Investments | $7.3B |
| Net Receivables | $16.8B |
| Inventory | $12.9B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $60.6B |
| PP&E (Net) | $20.6B |
| Goodwill | $45.4B |
| Intangible Assets | $46.2B |
| Long-Term Investments | $0 |
| Tax Assets | $8.8B |
| Other Non-Current Assets | $10.1B |
| TOTAL NON-CURRENT ASSETS | $131.1B |
| TOTAL ASSETS | $191.7B |
| Account Payables | $10.4B |
| Short-Term Debt | $11.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.1B |
| TOTAL CURRENT LIABILITIES | $54.2B |
| Long-Term Debt | $33.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.6B |
| Other Non-Current Liabilities | $23.6B |
| TOTAL NON-CURRENT LIABILITIES | $61.1B |
| TOTAL LIABILITIES | $115.3B |
| Common Stock | $3.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $129.4B |
| Treasury Stock | -$44.2B |
| Accum. Other Comp. Income | -$13.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $75.1B |
| Minority Interest | $1.3B |
| TOTAL EQUITY | $76.4B |
| TOTAL LIABILITIES & EQUITY | $191.7B |
| Total Debt | $45.6B |
| Net Debt | $24.4B |
