| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.7B | $8.0B | $8.0B | 20.4% | 20.6% |
| Op. Income | $367M | $229M | $562M | 60.5% | -34.6% |
| Gross Margin | 10.6% | 10.6% | 13.9% | 0.0pp | -3.3pp |
| Net Margin | 2.6% | 2.0% | 5.5% | 0.6pp | -2.8pp |
| EPS (Diluted) | $1.56 | $0.98 | $2.63 | 59.2% | -40.7% |
| Free Cash Flow | $436M | -$548M | -$171M | 179.5% | 355.0% |
| Item | Amount |
|---|---|
| REVENUE | $9.7B |
| Cost of Revenue | $8.6B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $657M |
| Other Expenses | $0 |
| Operating Expenses | $657M |
| Cost & Expenses | $9.3B |
| OPERATING INCOME | $367M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $337M |
| Income Tax Expense | $84M |
| Net Income from Continuing Ops | $252M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $252M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $252M |
| D&A | $74M |
| EBIT | $365M |
| EBITDA | $440M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $9.7B |
| Cost of Revenue | $8.6B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $657M |
| Other Expenses | $0 |
| Operating Expenses | $657M |
| Cost & Expenses | $9.3B |
| OPERATING INCOME | $367M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $337M |
| Income Tax Expense | $84M |
| Net Income from Continuing Ops | $252M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $252M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $252M |
| D&A | $74M |
| EBIT | $365M |
| EBITDA | $440M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $252M |
| Depreciation & Amortization | $70M |
| Stock-Based Compensation | $22M |
| Deferred Income Tax | $12M |
| Other Non-Cash Items | $95M |
| Change in Working Capital | $79M |
| OPERATING CASH FLOW | $531M |
| Capital Expenditure | -$95M |
| Acquisitions (Net) | $4M |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $150.0K |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$99M |
| Net Debt Issuance | -$295M |
| Common Stock Repurchased | -$163M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$455M |
| FREE CASH FLOW | $436M |
| Net Change in Cash | -$23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $95M |
| Short-Term Investments | $0 |
| Net Receivables | $611M |
| Inventory | $4.7B |
| Other Current Assets | $721M |
| TOTAL CURRENT ASSETS | $6.1B |
| PP&E (Net) | $3.8B |
| Goodwill | $141M |
| Intangible Assets | $0 |
| Long-Term Investments | $15.8B |
| Tax Assets | $91M |
| Other Non-Current Assets | $370M |
| TOTAL NON-CURRENT ASSETS | $20.2B |
| TOTAL ASSETS | $26.3B |
| Account Payables | $1.1B |
| Short-Term Debt | $632M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $120M |
| TOTAL CURRENT LIABILITIES | $2.3B |
| Long-Term Debt | $17.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $220M |
| TOTAL NON-CURRENT LIABILITIES | $18.7B |
| TOTAL LIABILITIES | $20.9B |
| Common Stock | $80M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $3.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.4B |
| TOTAL LIABILITIES & EQUITY | $26.3B |
| Total Debt | $19.1B |
| Net Debt | $19.0B |
