| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15.9B | $19.0B | $15.4B | -16.4% | 3.3% |
| Op. Income | $1.0B | $941M | $257M | 11.1% | 306.6% |
| Gross Margin | 28.2% | 16.7% | 15.0% | 11.6pp | 13.2pp |
| Net Margin | 5.5% | 3.2% | 0.5% | 2.3pp | 4.9pp |
| EPS (Diluted) | $1.10 | $0.77 | $0.02 | 42.9% | 6045.3% |
| Free Cash Flow | $2.3B | $5.7B | $2.0B | -59.3% | 14.9% |
| Item | Amount |
|---|---|
| REVENUE | $15.9B |
| Cost of Revenue | $11.4B |
| GROSS PROFIT | $4.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1.5B |
| SG&A Expenses | $1.5B |
| Other Expenses | $1.9B |
| Operating Expenses | $3.4B |
| Cost & Expenses | $14.9B |
| OPERATING INCOME | $1.0B |
| Interest Income | $0 |
| Interest Expense | $264M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.0B |
| Income Tax Expense | $170M |
| Net Income from Continuing Ops | $875M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $867M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $800M |
| D&A | $0 |
| EBIT | $1.3B |
| EBITDA | $1.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $15.9B |
| Cost of Revenue | $11.4B |
| GROSS PROFIT | $4.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1.5B |
| SG&A Expenses | $1.5B |
| Other Expenses | $1.9B |
| Operating Expenses | $3.4B |
| Cost & Expenses | $14.9B |
| OPERATING INCOME | $1.0B |
| Interest Income | $0 |
| Interest Expense | $264M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.0B |
| Income Tax Expense | $170M |
| Net Income from Continuing Ops | $875M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $867M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $800M |
| D&A | $0 |
| EBIT | $1.3B |
| EBITDA | $1.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $867M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1.5B |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $2.3B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$18.7B |
| Sales/Maturities of Investments | $15.8B |
| Other Investing Activities | $284M |
| NET CASH FROM INVESTING | -$2.6B |
| Net Debt Issuance | $447M |
| Common Stock Repurchased | -$1.2B |
| Common Dividends Paid | -$377M |
| Other Financing Activities | $908M |
| NET CASH FROM FINANCING | -$261M |
| FREE CASH FLOW | $2.3B |
| Net Change in Cash | -$799M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19.8B |
| Short-Term Investments | $283.3B |
| Net Receivables | $30.0B |
| Inventory | $0 |
| Other Current Assets | -$333.1B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $9.0B |
| Intangible Assets | $0 |
| Long-Term Investments | $308.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$317.7B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $677.6B |
| Account Payables | $0 |
| Short-Term Debt | $127M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$494M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $19.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $835M |
| Other Non-Current Liabilities | -$20.0B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $648.8B |
| Common Stock | $12M |
| Additional Paid-In Capital | $33.7B |
| Retained Earnings | $40.4B |
| Treasury Stock | -$25.8B |
| Accum. Other Comp. Income | -$19.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $28.5B |
| Minority Interest | $261M |
| TOTAL EQUITY | $28.8B |
| TOTAL LIABILITIES & EQUITY | $677.6B |
| Total Debt | $19.3B |
| Net Debt | -$579M |
