| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.1B | — | $3.9B | — | 56.3% |
| Op. Income | $1.4B | — | $1.3B | — | 6.5% |
| Gross Margin | 48.2% | — | 69.1% | — | -20.9pp |
| Net Margin | 16.6% | — | 25.1% | — | -8.5pp |
| EPS (Diluted) | $2.48 | — | $2.46 | — | 0.6% |
| Free Cash Flow | -$1.6B | — | -$2.1B | — | 25.2% |
| Item | Amount |
|---|---|
| REVENUE | $6.1B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $30M |
| General & Administrative | $950M |
| SG&A Expenses | $979M |
| Other Expenses | $598M |
| Operating Expenses | $1.6B |
| Cost & Expenses | $4.8B |
| OPERATING INCOME | $1.4B |
| Interest Income | $4.6B |
| Interest Expense | $2.7B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $360M |
| Net Income from Continuing Ops | $1.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.0B |
| Net Income Deductions | -$408.5K |
| BOTTOM LINE NET INCOME | $991M |
| D&A | $139M |
| EBIT | $1.4B |
| EBITDA | $1.5B |
| EPS | $3 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $6.1B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $30M |
| General & Administrative | $950M |
| SG&A Expenses | $979M |
| Other Expenses | $598M |
| Operating Expenses | $1.6B |
| Cost & Expenses | $4.8B |
| OPERATING INCOME | $1.4B |
| Interest Income | $4.6B |
| Interest Expense | $2.7B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $360M |
| Net Income from Continuing Ops | $1.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.0B |
| Net Income Deductions | -$408.5K |
| BOTTOM LINE NET INCOME | $991M |
| D&A | $139M |
| EBIT | $1.4B |
| EBITDA | $1.5B |
| EPS | $3 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $1.0B |
| Depreciation & Amortization | $139M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1.4B |
| Change in Working Capital | -$1.2B |
| OPERATING CASH FLOW | -$1.4B |
| Capital Expenditure | -$143M |
| Acquisitions (Net) | -$194M |
| Purchases of Investments | -$7.8B |
| Sales/Maturities of Investments | $11.0B |
| Other Investing Activities | -$163M |
| NET CASH FROM INVESTING | $2.8B |
| Net Debt Issuance | -$3.2B |
| Common Stock Repurchased | -$183M |
| Common Dividends Paid | -$27M |
| Other Financing Activities | $410M |
| NET CASH FROM FINANCING | -$3.0B |
| FREE CASH FLOW | -$1.6B |
| Net Change in Cash | -$1.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19.5B |
| Short-Term Investments | $53.3B |
| Net Receivables | $148M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $73.0B |
| PP&E (Net) | $3.3B |
| Goodwill | $0 |
| Intangible Assets | $1.3B |
| Long-Term Investments | $370.1B |
| Tax Assets | $135M |
| Other Non-Current Assets | $18.8B |
| TOTAL NON-CURRENT ASSETS | $393.8B |
| TOTAL ASSETS | $466.7B |
| Account Payables | $0 |
| Short-Term Debt | $6.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $259.4B |
| TOTAL CURRENT LIABILITIES | $265.6B |
| Long-Term Debt | $80.4B |
| Deferred Revenue NC | $3.3B |
| Deferred Tax Liabilities | $2.0B |
| Other Non-Current Liabilities | $77.4B |
| TOTAL NON-CURRENT LIABILITIES | $163.1B |
| TOTAL LIABILITIES | $428.8B |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $11.4B |
| Retained Earnings | $20.1B |
| Treasury Stock | -$748M |
| Accum. Other Comp. Income | $1.2B |
| Other Equity | $3.4B |
| TOTAL STOCKHOLDERS' EQUITY | $36.8B |
| Minority Interest | $1.1B |
| TOTAL EQUITY | $38.0B |
| TOTAL LIABILITIES & EQUITY | $466.7B |
| Total Debt | $86.7B |
| Net Debt | $67.1B |
