| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $66.3B | $61.9B | $54.6B | 7.0% | 21.3% |
| Op. Income | $17.3B | $11.3B | $16.0B | 52.7% | 8.3% |
| Gross Margin | 60.4% | 57.9% | 66.0% | 2.6pp | -5.6pp |
| Net Margin | 20.3% | 15.0% | 23.1% | 5.2pp | -2.8pp |
| EPS (Diluted) | $4.44 | $3.04 | $4.10 | 46.1% | 8.3% |
| Free Cash Flow | -$154.2B | $60.2B | -$111.2B | -355.9% | -38.6% |
| Item | Amount |
|---|---|
| REVENUE | $66.3B |
| Cost of Revenue | $26.2B |
| GROSS PROFIT | $40.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.2B |
| General & Administrative | $13.4B |
| SG&A Expenses | $14.5B |
| Other Expenses | $8.2B |
| Operating Expenses | $22.8B |
| Cost & Expenses | $49.0B |
| OPERATING INCOME | $17.3B |
| Interest Income | $47.4B |
| Interest Expense | $24.4B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $17.3B |
| Income Tax Expense | $3.9B |
| Net Income from Continuing Ops | $13.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12.9B |
| D&A | $2.0B |
| EBIT | $17.3B |
| EBITDA | $19.3B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $66.3B |
| Cost of Revenue | $26.2B |
| GROSS PROFIT | $40.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.2B |
| General & Administrative | $13.4B |
| SG&A Expenses | $14.5B |
| Other Expenses | $8.2B |
| Operating Expenses | $22.8B |
| Cost & Expenses | $49.0B |
| OPERATING INCOME | $17.3B |
| Interest Income | $47.4B |
| Interest Expense | $24.4B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $17.3B |
| Income Tax Expense | $3.9B |
| Net Income from Continuing Ops | $13.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12.9B |
| D&A | $2.0B |
| EBIT | $17.3B |
| EBITDA | $19.3B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $13.4B |
| Depreciation & Amortization | $2.0B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$989M |
| Other Non-Cash Items | $1.0B |
| Change in Working Capital | -$169.6B |
| OPERATING CASH FLOW | -$154.2B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$76.7B |
| Sales/Maturities of Investments | $74.3B |
| Other Investing Activities | -$41.0B |
| NET CASH FROM INVESTING | -$43.4B |
| Net Debt Issuance | $9.6B |
| Common Stock Repurchased | -$2.8B |
| Common Dividends Paid | -$3.5B |
| Other Financing Activities | $135.4B |
| NET CASH FROM FINANCING | $141.2B |
| FREE CASH FLOW | -$154.2B |
| Net Change in Cash | -$62.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $562.1B |
| Short-Term Investments | $225.3B |
| Net Receivables | $129.8B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $917.3B |
| PP&E (Net) | $30.3B |
| Goodwill | $52.6B |
| Intangible Assets | $11.7B |
| Long-Term Investments | $1.6T |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.5T |
| TOTAL NON-CURRENT ASSETS | $3.2T |
| TOTAL ASSETS | $4.1T |
| Account Payables | $301.5B |
| Short-Term Debt | $371.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.6T |
| TOTAL CURRENT LIABILITIES | $3.3T |
| Long-Term Debt | $395.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $64.1B |
| TOTAL NON-CURRENT LIABILITIES | $459.9B |
| TOTAL LIABILITIES | $3.8T |
| Common Stock | $4.1B |
| Additional Paid-In Capital | $89.9B |
| Retained Earnings | $342.4B |
| Treasury Stock | -$118.0B |
| Accum. Other Comp. Income | -$11.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $336.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $336.6B |
| TOTAL LIABILITIES & EQUITY | $4.1T |
| Total Debt | $767.8B |
| Net Debt | $205.7B |
