| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $61.9B | $61.6B | $47.4B | 0.6% | 30.7% |
| Op. Income | $11.3B | $16.7B | $13.2B | -32.3% | -14.4% |
| Gross Margin | 57.9% | 62.3% | 68.1% | -4.4pp | -10.2pp |
| Net Margin | 15.0% | 21.4% | 23.2% | -6.3pp | -8.2pp |
| EPS (Diluted) | $3.04 | $4.33 | $3.57 | -29.8% | -14.8% |
| Free Cash Flow | $60.2B | $45.1B | $101.2B | 33.5% | -40.5% |
| Item | Amount |
|---|---|
| REVENUE | $61.9B |
| Cost of Revenue | $26.1B |
| GROSS PROFIT | $35.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.3B |
| General & Administrative | $11.8B |
| SG&A Expenses | $13.1B |
| Other Expenses | $11.4B |
| Operating Expenses | $24.5B |
| Cost & Expenses | $50.6B |
| OPERATING INCOME | $11.3B |
| Interest Income | $47.4B |
| Interest Expense | $23.3B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11.3B |
| Income Tax Expense | $2.0B |
| Net Income from Continuing Ops | $9.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8.9B |
| D&A | $3.3B |
| EBIT | $11.3B |
| EBITDA | $14.7B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $61.9B |
| Cost of Revenue | $26.1B |
| GROSS PROFIT | $35.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.3B |
| General & Administrative | $11.8B |
| SG&A Expenses | $13.1B |
| Other Expenses | $11.4B |
| Operating Expenses | $24.5B |
| Cost & Expenses | $50.6B |
| OPERATING INCOME | $11.3B |
| Interest Income | $47.4B |
| Interest Expense | $23.3B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $11.3B |
| Income Tax Expense | $2.0B |
| Net Income from Continuing Ops | $9.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8.9B |
| D&A | $3.3B |
| EBIT | $11.3B |
| EBITDA | $14.7B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $9.3B |
| Depreciation & Amortization | $3.3B |
| Stock-Based Compensation | $631M |
| Deferred Income Tax | $10M |
| Other Non-Cash Items | $6.9B |
| Change in Working Capital | $39.8B |
| OPERATING CASH FLOW | $60.2B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$33.4B |
| Sales/Maturities of Investments | $59.0B |
| Other Investing Activities | $54.3B |
| NET CASH FROM INVESTING | $79.9B |
| Net Debt Issuance | $13.2B |
| Common Stock Repurchased | -$2.3B |
| Common Dividends Paid | -$3.4B |
| Other Financing Activities | -$43.4B |
| NET CASH FROM FINANCING | -$35.9B |
| FREE CASH FLOW | $60.2B |
| Net Change in Cash | $112.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $624.2B |
| Short-Term Investments | $192.5B |
| Net Receivables | $107.4B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $924.0B |
| PP&E (Net) | $30.2B |
| Goodwill | $52.6B |
| Intangible Assets | $11.7B |
| Long-Term Investments | $1.7T |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.2T |
| TOTAL NON-CURRENT ASSETS | $3.0T |
| TOTAL ASSETS | $3.9T |
| Account Payables | $162.0B |
| Short-Term Debt | $261.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.5T |
| TOTAL CURRENT LIABILITIES | $3.1T |
| Long-Term Debt | $391.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $36.2B |
| TOTAL NON-CURRENT LIABILITIES | $428.0B |
| TOTAL LIABILITIES | $3.5T |
| Common Stock | $4.1B |
| Additional Paid-In Capital | $90.1B |
| Retained Earnings | $332.9B |
| Treasury Stock | -$116.2B |
| Accum. Other Comp. Income | -$10.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $327.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $327.9B |
| TOTAL LIABILITIES & EQUITY | $3.9T |
| Total Debt | $653.1B |
| Net Debt | $28.9B |
