| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.4B | $2.3B | $2.1B | 3.6% | 17.0% |
| Op. Income | $484M | $456M | $201M | 6.0% | 141.1% |
| Gross Margin | 32.6% | 32.1% | 23.1% | 0.5pp | 9.5pp |
| Net Margin | 14.0% | 13.7% | 6.5% | 0.3pp | 7.5pp |
| EPS (Diluted) | $4.24 | $3.93 | $1.64 | 7.9% | 158.5% |
| Free Cash Flow | -$307M | -$251M | -$149M | -22.4% | -106.6% |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $788M |
| R&D Expenses | $0 |
| Selling & Marketing | $98M |
| General & Administrative | $92M |
| SG&A Expenses | $190M |
| Other Expenses | $114M |
| Operating Expenses | $304M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $484M |
| Interest Income | $37M |
| Interest Expense | $39M |
| Other Income/Expenses | -$39M |
| INCOME BEFORE TAX | $444M |
| Income Tax Expense | $106M |
| Net Income from Continuing Ops | $339M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $339M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $339M |
| D&A | $80M |
| EBIT | $484M |
| EBITDA | $564M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $788M |
| R&D Expenses | $0 |
| Selling & Marketing | $98M |
| General & Administrative | $92M |
| SG&A Expenses | $190M |
| Other Expenses | $114M |
| Operating Expenses | $304M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $484M |
| Interest Income | $37M |
| Interest Expense | $39M |
| Other Income/Expenses | -$39M |
| INCOME BEFORE TAX | $444M |
| Income Tax Expense | $106M |
| Net Income from Continuing Ops | $339M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $339M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $339M |
| D&A | $80M |
| EBIT | $484M |
| EBITDA | $564M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $339M |
| Depreciation & Amortization | $80M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | -$96.0K |
| Other Non-Cash Items | $65M |
| Change in Working Capital | -$708M |
| OPERATING CASH FLOW | -$206M |
| Capital Expenditure | -$101M |
| Acquisitions (Net) | -$251M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$351M |
| Net Debt Issuance | $132M |
| Common Stock Repurchased | -$275M |
| Common Dividends Paid | -$24M |
| Other Financing Activities | -$32M |
| NET CASH FROM FINANCING | -$198M |
| FREE CASH FLOW | -$307M |
| Net Change in Cash | -$755M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $470M |
| Short-Term Investments | $18M |
| Net Receivables | $2.5B |
| Inventory | $0 |
| Other Current Assets | $1.9B |
| TOTAL CURRENT ASSETS | $5.1B |
| PP&E (Net) | $907M |
| Goodwill | $1.8B |
| Intangible Assets | $580M |
| Long-Term Investments | $142M |
| Tax Assets | $99M |
| Other Non-Current Assets | $613M |
| TOTAL NON-CURRENT ASSETS | $4.1B |
| TOTAL ASSETS | $9.2B |
| Account Payables | $2.6B |
| Short-Term Debt | $135M |
| Deferred Revenue | $175M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.1B |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $175M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $710M |
| TOTAL NON-CURRENT LIABILITIES | $3.8B |
| TOTAL LIABILITIES | $7.0B |
| Common Stock | $130.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $3.4B |
| Treasury Stock | -$3.2B |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $9.2B |
| Total Debt | $3.1B |
| Net Debt | $2.6B |
