| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $32.0B | $28.6B | $28.8B | 11.7% | 11.0% |
| Op. Income | $9.4B | $7.2B | $8.4B | 30.0% | 12.4% |
| Gross Margin | 81.4% | 78.7% | 82.0% | 2.7pp | -0.6pp |
| Net Margin | 24.3% | 19.9% | 23.2% | 4.4pp | 1.1pp |
| EPS (Diluted) | $2.98 | $2.20 | $2.46 | 35.5% | 21.1% |
| Free Cash Flow | $11.1B | $7.2B | $4.6B | 55.0% | 139.8% |
| Item | Amount |
|---|---|
| REVENUE | $32.0B |
| Cost of Revenue | $5.9B |
| GROSS PROFIT | $26.1B |
| R&D Expenses | $9.3B |
| Selling & Marketing | $3.2B |
| General & Administrative | $4.2B |
| SG&A Expenses | $7.3B |
| Other Expenses | $0 |
| Operating Expenses | $16.7B |
| Cost & Expenses | $22.6B |
| OPERATING INCOME | $9.4B |
| Interest Income | $323M |
| Interest Expense | $116M |
| Other Income/Expenses | -$99M |
| INCOME BEFORE TAX | $9.3B |
| Income Tax Expense | $1.5B |
| Net Income from Continuing Ops | $7.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7.8B |
| D&A | $2.6B |
| EBIT | $9.4B |
| EBITDA | $12.0B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $32.0B |
| Cost of Revenue | $5.9B |
| GROSS PROFIT | $26.1B |
| R&D Expenses | $9.3B |
| Selling & Marketing | $3.2B |
| General & Administrative | $4.2B |
| SG&A Expenses | $7.3B |
| Other Expenses | $0 |
| Operating Expenses | $16.7B |
| Cost & Expenses | $22.6B |
| OPERATING INCOME | $9.4B |
| Interest Income | $323M |
| Interest Expense | $116M |
| Other Income/Expenses | -$99M |
| INCOME BEFORE TAX | $9.3B |
| Income Tax Expense | $1.5B |
| Net Income from Continuing Ops | $7.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7.8B |
| D&A | $2.6B |
| EBIT | $9.4B |
| EBITDA | $12.0B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $7.8B |
| Depreciation & Amortization | $2.6B |
| Stock-Based Compensation | $4.1B |
| Deferred Income Tax | -$1.1B |
| Other Non-Cash Items | $444M |
| Change in Working Capital | $3.5B |
| OPERATING CASH FLOW | $17.3B |
| Capital Expenditure | -$6.2B |
| Acquisitions (Net) | -$83M |
| Purchases of Investments | -$717M |
| Sales/Maturities of Investments | $1.8B |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$5.2B |
| Net Debt Issuance | $8.2B |
| Common Stock Repurchased | -$898M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2.0B |
| NET CASH FROM FINANCING | $5.3B |
| FREE CASH FLOW | $11.1B |
| Net Change in Cash | $17.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28.8B |
| Short-Term Investments | $24.7B |
| Net Receivables | $12.5B |
| Inventory | $0 |
| Other Current Assets | $3.6B |
| TOTAL CURRENT ASSETS | $69.6B |
| PP&E (Net) | $100.9B |
| Goodwill | $20.7B |
| Intangible Assets | $856M |
| Long-Term Investments | $6.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $8.5B |
| TOTAL NON-CURRENT ASSETS | $137.1B |
| TOTAL ASSETS | $206.7B |
| Account Payables | $3.1B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.1B |
| TOTAL CURRENT LIABILITIES | $29.9B |
| Long-Term Debt | $18.4B |
| Deferred Revenue NC | -$6.0B |
| Deferred Tax Liabilities | $6.0B |
| Other Non-Current Liabilities | $7.9B |
| TOTAL NON-CURRENT LIABILITIES | $42.7B |
| TOTAL LIABILITIES | $72.7B |
| Common Stock | $0 |
| Additional Paid-In Capital | $69.2B |
| Retained Earnings | $68.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $134.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $134.0B |
| TOTAL LIABILITIES & EQUITY | $206.7B |
| Total Debt | $36.2B |
| Net Debt | $7.4B |
