| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $54.6B | $47.4B | $32.3B | 15.3% | 68.9% |
| Op. Income | $16.0B | $13.2B | $10.1B | 20.6% | 58.7% |
| Gross Margin | 66.0% | 68.1% | 90.5% | -2.1pp | -24.4pp |
| Net Margin | 23.1% | 23.2% | 25.6% | -0.1pp | -2.5pp |
| EPS (Diluted) | $4.10 | $3.57 | $2.63 | 14.8% | 55.9% |
| Free Cash Flow | -$111.2B | $101.2B | -$41.9B | -209.9% | -165.4% |
| Item | Amount |
|---|---|
| REVENUE | $54.6B |
| Cost of Revenue | $18.6B |
| GROSS PROFIT | $36.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.0B |
| General & Administrative | $12.0B |
| SG&A Expenses | $13.0B |
| Other Expenses | $7.1B |
| Operating Expenses | $20.1B |
| Cost & Expenses | $38.7B |
| OPERATING INCOME | $16.0B |
| Interest Income | $37.0B |
| Interest Expense | $16.3B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16.0B |
| Income Tax Expense | $3.3B |
| Net Income from Continuing Ops | $12.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12.2B |
| D&A | $1.6B |
| EBIT | $16.0B |
| EBITDA | $17.6B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $54.6B |
| Cost of Revenue | $18.6B |
| GROSS PROFIT | $36.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.0B |
| General & Administrative | $12.0B |
| SG&A Expenses | $13.0B |
| Other Expenses | $7.1B |
| Operating Expenses | $20.1B |
| Cost & Expenses | $38.7B |
| OPERATING INCOME | $16.0B |
| Interest Income | $37.0B |
| Interest Expense | $16.3B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $16.0B |
| Income Tax Expense | $3.3B |
| Net Income from Continuing Ops | $12.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12.2B |
| D&A | $1.6B |
| EBIT | $16.0B |
| EBITDA | $17.6B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $12.6B |
| Depreciation & Amortization | $1.6B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$606M |
| Other Non-Cash Items | $3.3B |
| Change in Working Capital | -$128.2B |
| OPERATING CASH FLOW | -$111.2B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$30.1B |
| Sales/Maturities of Investments | $54.8B |
| Other Investing Activities | -$925M |
| NET CASH FROM INVESTING | $23.8B |
| Net Debt Issuance | -$9.3B |
| Common Stock Repurchased | -$2.7B |
| Common Dividends Paid | -$3.4B |
| Other Financing Activities | $79.9B |
| NET CASH FROM FINANCING | $64.6B |
| FREE CASH FLOW | -$111.2B |
| Net Change in Cash | -$21.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $546.0B |
| Short-Term Investments | $183.5B |
| Net Receivables | $115.3B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $844.8B |
| PP&E (Net) | $28.3B |
| Goodwill | $52.1B |
| Intangible Assets | $9.9B |
| Long-Term Investments | $1.5T |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.3T |
| TOTAL NON-CURRENT ASSETS | $2.9T |
| TOTAL ASSETS | $3.7T |
| Account Payables | $275.1B |
| Short-Term Debt | $288.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.5T |
| TOTAL CURRENT LIABILITIES | $2.9T |
| Long-Term Debt | $295.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $290.0B |
| TOTAL NON-CURRENT LIABILITIES | $585.5B |
| TOTAL LIABILITIES | $3.4T |
| Common Stock | $4.1B |
| Additional Paid-In Capital | $89.2B |
| Retained Earnings | $306.2B |
| Treasury Stock | -$109.4B |
| Accum. Other Comp. Income | -$14.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $303.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $303.1B |
| TOTAL LIABILITIES & EQUITY | $3.7T |
| Total Debt | $584.1B |
| Net Debt | $38.1B |
