| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.3B | $5.7B | $5.5B | 9.1% | 14.0% |
| Op. Income | $3.7B | $3.1B | $3.0B | 16.6% | 21.1% |
| Gross Margin | 76.2% | 75.2% | 76.0% | 1.0pp | 0.1pp |
| Net Margin | 45.4% | 41.1% | 41.4% | 4.3pp | 4.0pp |
| EPS (Diluted) | $3.00 | $2.47 | $2.34 | 21.5% | 28.2% |
| Free Cash Flow | $2.6B | $1.8B | $2.3B | 44.7% | 15.3% |
| Item | Amount |
|---|---|
| REVENUE | $6.3B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $4.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $201M |
| General & Administrative | $681M |
| SG&A Expenses | $882M |
| Other Expenses | $236M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $3.7B |
| Interest Income | $0 |
| Interest Expense | $144M |
| Other Income/Expenses | $48M |
| INCOME BEFORE TAX | $3.7B |
| Income Tax Expense | $859M |
| Net Income from Continuing Ops | $2.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.8B |
| D&A | $192M |
| EBIT | $3.8B |
| EBITDA | $4.0B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $6.3B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $4.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $201M |
| General & Administrative | $681M |
| SG&A Expenses | $882M |
| Other Expenses | $236M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $3.7B |
| Interest Income | $0 |
| Interest Expense | $144M |
| Other Income/Expenses | $48M |
| INCOME BEFORE TAX | $3.7B |
| Income Tax Expense | $859M |
| Net Income from Continuing Ops | $2.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.8B |
| D&A | $192M |
| EBIT | $3.8B |
| EBITDA | $4.0B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $2.8B |
| Depreciation & Amortization | $192M |
| Stock-Based Compensation | $135M |
| Deferred Income Tax | $153M |
| Other Non-Cash Items | -$254M |
| Change in Working Capital | -$373M |
| OPERATING CASH FLOW | $2.7B |
| Capital Expenditure | -$80M |
| Acquisitions (Net) | -$16M |
| Purchases of Investments | -$143M |
| Sales/Maturities of Investments | $159M |
| Other Investing Activities | -$138M |
| NET CASH FROM INVESTING | -$218M |
| Net Debt Issuance | $61M |
| Common Stock Repurchased | -$2.4B |
| Common Dividends Paid | -$541M |
| Other Financing Activities | $117M |
| NET CASH FROM FINANCING | -$2.8B |
| FREE CASH FLOW | $2.6B |
| Net Change in Cash | -$279M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.2B |
| Short-Term Investments | $344M |
| Net Receivables | $3.8B |
| Inventory | $0 |
| Other Current Assets | $6.2B |
| TOTAL CURRENT ASSETS | $16.5B |
| PP&E (Net) | $2.0B |
| Goodwill | $7.6B |
| Intangible Assets | $4.0B |
| Long-Term Investments | $1.7B |
| Tax Assets | $1.1B |
| Other Non-Current Assets | $6.1B |
| TOTAL NON-CURRENT ASSETS | $22.5B |
| TOTAL ASSETS | $39.0B |
| Account Payables | $643M |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4.5B |
| TOTAL CURRENT LIABILITIES | $14.6B |
| Long-Term Debt | $14.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $395M |
| Other Non-Current Liabilities | $4.1B |
| TOTAL NON-CURRENT LIABILITIES | $18.8B |
| TOTAL LIABILITIES | $33.4B |
| Common Stock | $0 |
| Additional Paid-In Capital | $5.6B |
| Retained Earnings | $57.7B |
| Treasury Stock | -$56.7B |
| Accum. Other Comp. Income | -$1.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.5B |
| Minority Interest | $75M |
| TOTAL EQUITY | $5.6B |
| TOTAL LIABILITIES & EQUITY | $39.0B |
| Total Debt | $15.6B |
| Net Debt | $9.4B |
