| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $58.4B | $54.6B | $34.2B | 7.0% | 70.8% |
| Op. Income | $17.6B | $16.0B | $10.9B | 10.1% | 61.9% |
| Gross Margin | 61.1% | 66.0% | 86.5% | -4.9pp | -25.4pp |
| Net Margin | 24.8% | 23.1% | 25.3% | 1.7pp | -0.5pp |
| EPS (Diluted) | $4.75 | $4.10 | $2.76 | 15.9% | 72.1% |
| Free Cash Flow | $18.9B | -$111.2B | $66.0B | 117.0% | -71.4% |
| Item | Amount |
|---|---|
| REVENUE | $58.4B |
| Cost of Revenue | $22.8B |
| GROSS PROFIT | $35.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.1B |
| General & Administrative | $11.2B |
| SG&A Expenses | $12.3B |
| Other Expenses | $5.8B |
| Operating Expenses | $18.1B |
| Cost & Expenses | $40.9B |
| OPERATING INCOME | $17.6B |
| Interest Income | $41.6B |
| Interest Expense | $19.9B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $17.6B |
| Income Tax Expense | $3.1B |
| Net Income from Continuing Ops | $14.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14.0B |
| D&A | $507M |
| EBIT | $17.6B |
| EBITDA | $18.1B |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $58.4B |
| Cost of Revenue | $22.8B |
| GROSS PROFIT | $35.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.1B |
| General & Administrative | $11.2B |
| SG&A Expenses | $12.3B |
| Other Expenses | $5.8B |
| Operating Expenses | $18.1B |
| Cost & Expenses | $40.9B |
| OPERATING INCOME | $17.6B |
| Interest Income | $41.6B |
| Interest Expense | $19.9B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $17.6B |
| Income Tax Expense | $3.1B |
| Net Income from Continuing Ops | $14.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14.0B |
| D&A | $507M |
| EBIT | $17.6B |
| EBITDA | $18.1B |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $14.5B |
| Depreciation & Amortization | $507M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$1.6B |
| Other Non-Cash Items | $2.9B |
| Change in Working Capital | $2.6B |
| OPERATING CASH FLOW | $18.9B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$26.5B |
| Sales/Maturities of Investments | $52.3B |
| Other Investing Activities | -$44.1B |
| NET CASH FROM INVESTING | -$18.2B |
| Net Debt Issuance | -$6.5B |
| Common Stock Repurchased | -$2.5B |
| Common Dividends Paid | -$3.3B |
| Other Financing Activities | -$37.7B |
| NET CASH FROM FINANCING | -$49.9B |
| FREE CASH FLOW | $18.9B |
| Net Change in Cash | -$50.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $495.1B |
| Short-Term Investments | $190.4B |
| Net Receivables | $111.6B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $797.1B |
| PP&E (Net) | $29.5B |
| Goodwill | $52.4B |
| Intangible Assets | $11.9B |
| Long-Term Investments | $1.7T |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.3T |
| TOTAL NON-CURRENT ASSETS | $3.1T |
| TOTAL ASSETS | $3.9T |
| Account Payables | $286.9B |
| Short-Term Debt | $321.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.5T |
| TOTAL CURRENT LIABILITIES | $2.9T |
| Long-Term Debt | $349.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $306.6B |
| TOTAL NON-CURRENT LIABILITIES | $656.2B |
| TOTAL LIABILITIES | $3.6T |
| Common Stock | $4.1B |
| Additional Paid-In Capital | $89.6B |
| Retained Earnings | $317.4B |
| Treasury Stock | -$111.6B |
| Accum. Other Comp. Income | -$14.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $312.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $312.5B |
| TOTAL LIABILITIES & EQUITY | $3.9T |
| Total Debt | $671.4B |
| Net Debt | $176.2B |
