| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.2B | $4.2B | — | -0.4% | — |
| Op. Income | $629M | $613M | — | 2.6% | — |
| Gross Margin | 46.1% | 100.0% | — | -53.9pp | — |
| Net Margin | 10.9% | 10.6% | — | 0.3pp | — |
| EPS (Diluted) | $0.15 | $1.98 | — | -92.4% | — |
| Free Cash Flow | $39M | $254M | — | -84.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.3B |
| Operating Expenses | $1.3B |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | $629M |
| Interest Income | $0 |
| Interest Expense | $103M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $629M |
| Income Tax Expense | $144M |
| Net Income from Continuing Ops | $485M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $457M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $457M |
| D&A | $0 |
| EBIT | $732M |
| EBITDA | $732M |
| EPS | $2 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.3B |
| Operating Expenses | $1.3B |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | $629M |
| Interest Income | $0 |
| Interest Expense | $103M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $629M |
| Income Tax Expense | $144M |
| Net Income from Continuing Ops | $485M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $457M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $457M |
| D&A | $0 |
| EBIT | $732M |
| EBITDA | $732M |
| EPS | $2 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $457M |
| Depreciation & Amortization | $127M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$531M |
| Change in Working Capital | $145M |
| OPERATING CASH FLOW | $198M |
| Capital Expenditure | -$159M |
| Acquisitions (Net) | -$41M |
| Purchases of Investments | -$2.2B |
| Sales/Maturities of Investments | $1.4B |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$1.0B |
| Net Debt Issuance | $1.1B |
| Common Stock Repurchased | -$24M |
| Common Dividends Paid | -$14M |
| Other Financing Activities | -$73M |
| NET CASH FROM FINANCING | $987M |
| FREE CASH FLOW | $39M |
| Net Change in Cash | $157M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $556M |
| Short-Term Investments | $6.6B |
| Net Receivables | $9.8B |
| Inventory | $0 |
| Other Current Assets | -$16.9B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $10.7B |
| Goodwill | $347M |
| Intangible Assets | $0 |
| Long-Term Investments | $49.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$60.7B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $80.9B |
| Account Payables | $202M |
| Short-Term Debt | $1.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$1.9B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $8.4B |
| Deferred Revenue NC | $4.6B |
| Deferred Tax Liabilities | $500M |
| Other Non-Current Liabilities | -$13.6B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $63.9B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.5B |
| Retained Earnings | $16.1B |
| Treasury Stock | -$24M |
| Accum. Other Comp. Income | -$2.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16.2B |
| Minority Interest | $814M |
| TOTAL EQUITY | $17.0B |
| TOTAL LIABILITIES & EQUITY | $80.9B |
| Total Debt | $10.1B |
| Net Debt | $9.5B |
