| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10.5B | — | $9.2B | — | 13.9% |
| Op. Income | $4.0B | — | $3.7B | — | 9.3% |
| Gross Margin | 59.8% | — | 61.0% | — | -1.2pp |
| Net Margin | 32.3% | — | 36.1% | — | -3.8pp |
| EPS (Diluted) | $24.15 | — | $21.92 | — | 10.2% |
| Free Cash Flow | $3.3B | — | $3.0B | — | 10.7% |
| Item | Amount |
|---|---|
| REVENUE | $10.5B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $6.3B |
| R&D Expenses | $1.3B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $986M |
| Other Expenses | $0 |
| Operating Expenses | $2.3B |
| Cost & Expenses | $6.5B |
| OPERATING INCOME | $4.0B |
| Interest Income | $74M |
| Interest Expense | $297M |
| Other Income/Expenses | -$206M |
| INCOME BEFORE TAX | $3.8B |
| Income Tax Expense | $402M |
| Net Income from Continuing Ops | $3.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.4B |
| D&A | $415M |
| EBIT | $4.1B |
| EBITDA | $4.5B |
| EPS | $24 |
| EPS Diluted | $24 |
| Item | Amount |
|---|---|
| REVENUE | $10.5B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $6.3B |
| R&D Expenses | $1.3B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $986M |
| Other Expenses | $0 |
| Operating Expenses | $2.3B |
| Cost & Expenses | $6.5B |
| OPERATING INCOME | $4.0B |
| Interest Income | $74M |
| Interest Expense | $297M |
| Other Income/Expenses | -$206M |
| INCOME BEFORE TAX | $3.8B |
| Income Tax Expense | $402M |
| Net Income from Continuing Ops | $3.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.4B |
| D&A | $415M |
| EBIT | $4.1B |
| EBITDA | $4.5B |
| EPS | $24 |
| EPS Diluted | $24 |
| Item | Amount |
|---|---|
| Net Income | $3.4B |
| Depreciation & Amortization | $415M |
| Stock-Based Compensation | $171M |
| Deferred Income Tax | -$298M |
| Other Non-Cash Items | -$16M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $3.7B |
| Capital Expenditure | -$342M |
| Acquisitions (Net) | $44M |
| Purchases of Investments | -$1.5B |
| Sales/Maturities of Investments | $1.3B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$487M |
| Net Debt Issuance | -$794M |
| Common Stock Repurchased | -$1.3B |
| Common Dividends Paid | -$733M |
| Other Financing Activities | -$113M |
| NET CASH FROM FINANCING | -$2.8B |
| FREE CASH FLOW | $3.3B |
| Net Change in Cash | $343M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.9B |
| Short-Term Investments | $1.3B |
| Net Receivables | $1.9B |
| Inventory | $2.9B |
| Other Current Assets | $195M |
| TOTAL CURRENT ASSETS | $8.4B |
| PP&E (Net) | $1.2B |
| Goodwill | $2.3B |
| Intangible Assets | $935M |
| Long-Term Investments | $0 |
| Tax Assets | $817M |
| Other Non-Current Assets | $429M |
| TOTAL NON-CURRENT ASSETS | $5.7B |
| TOTAL ASSETS | $14.1B |
| Account Payables | $371M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.8B |
| Other Current Liabilities | $1.0B |
| TOTAL CURRENT LIABILITIES | $3.7B |
| Long-Term Debt | $5.9B |
| Deferred Revenue NC | $334M |
| Deferred Tax Liabilities | $529M |
| Other Non-Current Liabilities | $518M |
| TOTAL NON-CURRENT LIABILITIES | $7.4B |
| TOTAL LIABILITIES | $11.2B |
| Common Stock | $137.0K |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | $848M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$36M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $14.1B |
| Total Debt | $6.1B |
| Net Debt | $4.1B |