| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.6B | $2.6B | $2.4B | 0.8% | 10.5% |
| Op. Income | $278M | $57M | $392M | 387.7% | -29.1% |
| Gross Margin | 52.3% | 52.9% | 63.8% | -0.6pp | -11.5pp |
| Net Margin | 8.3% | 2.5% | 13.1% | 5.8pp | -4.8pp |
| EPS (Diluted) | $0.20 | $0.03 | $0.30 | 523.1% | -33.3% |
| Free Cash Flow | $347M | $994M | $694M | -65.1% | -50.0% |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $19M |
| General & Administrative | $691M |
| SG&A Expenses | $710M |
| Other Expenses | $392M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $278M |
| Interest Income | $2.0B |
| Interest Expense | $1.2B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $278M |
| Income Tax Expense | $59M |
| Net Income from Continuing Ops | $219M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $219M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $183M |
| D&A | $24M |
| EBIT | $278M |
| EBITDA | $302M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $19M |
| General & Administrative | $691M |
| SG&A Expenses | $710M |
| Other Expenses | $392M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $278M |
| Interest Income | $2.0B |
| Interest Expense | $1.2B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $278M |
| Income Tax Expense | $59M |
| Net Income from Continuing Ops | $219M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $219M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $183M |
| D&A | $24M |
| EBIT | $278M |
| EBITDA | $302M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $219M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $233M |
| Change in Working Capital | -$146M |
| OPERATING CASH FLOW | $359M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3.9B |
| Sales/Maturities of Investments | $1.5B |
| Other Investing Activities | $2.8B |
| NET CASH FROM INVESTING | $374M |
| Net Debt Issuance | $1.2B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$229M |
| Other Financing Activities | -$1.4B |
| NET CASH FROM FINANCING | -$427M |
| FREE CASH FLOW | $347M |
| Net Change in Cash | $306M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $21.4B |
| Net Receivables | $3.3B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $25.9B |
| PP&E (Net) | $650M |
| Goodwill | $2.8B |
| Intangible Assets | $48M |
| Long-Term Investments | $144.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $13.9B |
| TOTAL NON-CURRENT ASSETS | $161.6B |
| TOTAL ASSETS | $187.5B |
| Account Payables | $0 |
| Short-Term Debt | $27M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $144.2B |
| TOTAL CURRENT LIABILITIES | $144.3B |
| Long-Term Debt | $23.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.0B |
| TOTAL NON-CURRENT LIABILITIES | $28.7B |
| TOTAL LIABILITIES | $172.9B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $6.2B |
| Retained Earnings | $15.7B |
| Treasury Stock | -$5.7B |
| Accum. Other Comp. Income | -$5.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $14.5B |
| TOTAL LIABILITIES & EQUITY | $187.5B |
| Total Debt | $23.7B |
| Net Debt | $22.5B |
