| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.0B | $5.7B | $6.7B | 23.3% | 4.6% |
| Op. Income | $795M | -$284M | $1.2B | 379.9% | -31.3% |
| Gross Margin | 24.9% | 11.7% | 29.0% | 13.2pp | -4.1pp |
| Net Margin | 9.7% | -2.8% | 11.3% | 12.5pp | -1.6pp |
| EPS (Diluted) | $1.07 | $-0.27 | $1.20 | 496.3% | -10.8% |
| Free Cash Flow | $483M | -$346M | $916M | 239.6% | -47.3% |
| Item | Amount |
|---|---|
| REVENUE | $7.0B |
| Cost of Revenue | $5.3B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $956M |
| Operating Expenses | $956M |
| Cost & Expenses | $6.2B |
| OPERATING INCOME | $795M |
| Interest Income | $144M |
| Interest Expense | $60M |
| Other Income/Expenses | $91M |
| INCOME BEFORE TAX | $886M |
| Income Tax Expense | $203M |
| Net Income from Continuing Ops | $683M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $683M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $688M |
| D&A | $367M |
| EBIT | $946M |
| EBITDA | $1.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $7.0B |
| Cost of Revenue | $5.3B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $956M |
| Operating Expenses | $956M |
| Cost & Expenses | $6.2B |
| OPERATING INCOME | $795M |
| Interest Income | $144M |
| Interest Expense | $60M |
| Other Income/Expenses | $91M |
| INCOME BEFORE TAX | $886M |
| Income Tax Expense | $203M |
| Net Income from Continuing Ops | $683M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $683M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $688M |
| D&A | $367M |
| EBIT | $946M |
| EBITDA | $1.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $683M |
| Depreciation & Amortization | $367M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $209M |
| Other Non-Cash Items | -$118M |
| Change in Working Capital | $269M |
| OPERATING CASH FLOW | $1.4B |
| Capital Expenditure | -$933M |
| Acquisitions (Net) | -$917M |
| Purchases of Investments | -$1.5B |
| Sales/Maturities of Investments | $1.8B |
| Other Investing Activities | $917M |
| NET CASH FROM INVESTING | -$627M |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | $483M |
| Net Change in Cash | $799M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.2B |
| Short-Term Investments | $3.0B |
| Net Receivables | $1.2B |
| Inventory | $714M |
| Other Current Assets | $535M |
| TOTAL CURRENT ASSETS | $14.7B |
| PP&E (Net) | $19.9B |
| Goodwill | $970M |
| Intangible Assets | $296M |
| Long-Term Investments | $255M |
| Tax Assets | $0 |
| Other Non-Current Assets | $406M |
| TOTAL NON-CURRENT ASSETS | $21.9B |
| TOTAL ASSETS | $36.5B |
| Account Payables | $305M |
| Short-Term Debt | $31M |
| Deferred Revenue | $7.1B |
| Other Current Liabilities | $2.1B |
| TOTAL CURRENT LIABILITIES | $11.7B |
| Long-Term Debt | $8.0B |
| Deferred Revenue NC | $1.9B |
| Deferred Tax Liabilities | $2.1B |
| Other Non-Current Liabilities | $936M |
| TOTAL NON-CURRENT LIABILITIES | $14.0B |
| TOTAL LIABILITIES | $25.7B |
| Common Stock | $888M |
| Additional Paid-In Capital | $4.1B |
| Retained Earnings | $16.6B |
| Treasury Stock | -$10.8B |
| Accum. Other Comp. Income | $58M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $10.8B |
| TOTAL LIABILITIES & EQUITY | $36.5B |
| Total Debt | $9.3B |
| Net Debt | $170M |
