| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.0B | $6.1B | $3.9B | -2.4% | 51.7% |
| Op. Income | $1.3B | $1.4B | $1.1B | -4.1% | 18.4% |
| Gross Margin | 46.2% | 48.2% | 62.4% | -1.9pp | -16.1pp |
| Net Margin | 16.9% | 16.6% | 20.7% | 0.3pp | -3.8pp |
| EPS (Diluted) | $2.49 | $2.48 | $2.21 | 0.7% | 12.9% |
| Free Cash Flow | $3.4B | -$1.6B | -$401M | 313.4% | 945.6% |
| Item | Amount |
|---|---|
| REVENUE | $6.0B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $2.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1.1B |
| SG&A Expenses | $1.1B |
| Other Expenses | $372M |
| Operating Expenses | $1.4B |
| Cost & Expenses | $4.7B |
| OPERATING INCOME | $1.3B |
| Interest Income | $4.8B |
| Interest Expense | $2.8B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $308M |
| Net Income from Continuing Ops | $1.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.0B |
| D&A | $143M |
| EBIT | $1.3B |
| EBITDA | $1.5B |
| EPS | $3 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $6.0B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $2.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1.1B |
| SG&A Expenses | $1.1B |
| Other Expenses | $372M |
| Operating Expenses | $1.4B |
| Cost & Expenses | $4.7B |
| OPERATING INCOME | $1.3B |
| Interest Income | $4.8B |
| Interest Expense | $2.8B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $308M |
| Net Income from Continuing Ops | $1.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.0B |
| D&A | $143M |
| EBIT | $1.3B |
| EBITDA | $1.5B |
| EPS | $3 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $1.0B |
| Depreciation & Amortization | $143M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$366M |
| Change in Working Capital | $2.6B |
| OPERATING CASH FLOW | $3.4B |
| Capital Expenditure | -$53M |
| Acquisitions (Net) | $511M |
| Purchases of Investments | -$11.7B |
| Sales/Maturities of Investments | $9.8B |
| Other Investing Activities | -$291M |
| NET CASH FROM INVESTING | -$1.7B |
| Net Debt Issuance | $445M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$546M |
| Other Financing Activities | -$26M |
| NET CASH FROM FINANCING | -$126M |
| FREE CASH FLOW | $3.4B |
| Net Change in Cash | $1.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21.3B |
| Short-Term Investments | $54.1B |
| Net Receivables | $164M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $75.6B |
| PP&E (Net) | $3.3B |
| Goodwill | $0 |
| Intangible Assets | $1.3B |
| Long-Term Investments | $375.0B |
| Tax Assets | $183M |
| Other Non-Current Assets | $21.4B |
| TOTAL NON-CURRENT ASSETS | $401.2B |
| TOTAL ASSETS | $476.8B |
| Account Payables | $0 |
| Short-Term Debt | $7.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $266.0B |
| TOTAL CURRENT LIABILITIES | $273.4B |
| Long-Term Debt | $81.0B |
| Deferred Revenue NC | $3.3B |
| Deferred Tax Liabilities | $1.4B |
| Other Non-Current Liabilities | $78.8B |
| TOTAL NON-CURRENT LIABILITIES | $164.4B |
| TOTAL LIABILITIES | $437.8B |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $11.2B |
| Retained Earnings | $20.8B |
| Treasury Stock | -$584M |
| Accum. Other Comp. Income | $1.3B |
| Other Equity | $3.4B |
| TOTAL STOCKHOLDERS' EQUITY | $37.6B |
| Minority Interest | $1.4B |
| TOTAL EQUITY | $39.0B |
| TOTAL LIABILITIES & EQUITY | $476.8B |
| Total Debt | $88.4B |
| Net Debt | $67.1B |
