| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $34.1B | $32.0B | $27.7B | 6.7% | 23.2% |
| Op. Income | $13.7B | $9.4B | $5.7B | 46.4% | 142.7% |
| Gross Margin | 81.8% | 81.4% | 79.4% | 0.4pp | 2.4pp |
| Net Margin | 33.9% | 24.3% | 15.9% | 9.6pp | 18.1pp |
| EPS (Diluted) | $4.39 | $2.98 | $1.64 | 47.3% | 167.7% |
| Free Cash Flow | $13.9B | $11.1B | $316M | 24.9% | 4285.8% |
| Item | Amount |
|---|---|
| REVENUE | $34.1B |
| Cost of Revenue | $6.2B |
| GROSS PROFIT | $27.9B |
| R&D Expenses | $9.2B |
| Selling & Marketing | $2.9B |
| General & Administrative | $2.1B |
| SG&A Expenses | $4.9B |
| Other Expenses | $0 |
| Operating Expenses | $14.2B |
| Cost & Expenses | $20.4B |
| OPERATING INCOME | $13.7B |
| Interest Income | $534M |
| Interest Expense | $139M |
| Other Income/Expenses | $272M |
| INCOME BEFORE TAX | $14.0B |
| Income Tax Expense | $2.4B |
| Net Income from Continuing Ops | $11.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11.6B |
| D&A | $2.9B |
| EBIT | $14.2B |
| EBITDA | $17.0B |
| EPS | $5 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $34.1B |
| Cost of Revenue | $6.2B |
| GROSS PROFIT | $27.9B |
| R&D Expenses | $9.2B |
| Selling & Marketing | $2.9B |
| General & Administrative | $2.1B |
| SG&A Expenses | $4.9B |
| Other Expenses | $0 |
| Operating Expenses | $14.2B |
| Cost & Expenses | $20.4B |
| OPERATING INCOME | $13.7B |
| Interest Income | $534M |
| Interest Expense | $139M |
| Other Income/Expenses | $272M |
| INCOME BEFORE TAX | $14.0B |
| Income Tax Expense | $2.4B |
| Net Income from Continuing Ops | $11.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11.6B |
| D&A | $2.9B |
| EBIT | $14.2B |
| EBITDA | $17.0B |
| EPS | $5 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $11.6B |
| Depreciation & Amortization | $2.9B |
| Stock-Based Compensation | $3.5B |
| Deferred Income Tax | $3.0B |
| Other Non-Cash Items | $414M |
| Change in Working Capital | -$995M |
| OPERATING CASH FLOW | $20.4B |
| Capital Expenditure | -$6.5B |
| Acquisitions (Net) | -$38M |
| Purchases of Investments | -$1.0B |
| Sales/Maturities of Investments | $1.5B |
| Other Investing Activities | $37M |
| NET CASH FROM INVESTING | -$6.1B |
| Net Debt Issuance | -$267M |
| Common Stock Repurchased | -$3.6B |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2.0B |
| NET CASH FROM FINANCING | -$5.9B |
| FREE CASH FLOW | $13.9B |
| Net Change in Cash | $8.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $36.9B |
| Short-Term Investments | $24.2B |
| Net Receivables | $12.9B |
| Inventory | $0 |
| Other Current Assets | $4.3B |
| TOTAL CURRENT ASSETS | $78.4B |
| PP&E (Net) | $104.8B |
| Goodwill | $20.7B |
| Intangible Assets | $813M |
| Long-Term Investments | $6.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.5B |
| TOTAL NON-CURRENT ASSETS | $137.9B |
| TOTAL ASSETS | $216.3B |
| Account Payables | $4.4B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $9.9B |
| TOTAL CURRENT LIABILITIES | $30.5B |
| Long-Term Debt | $18.4B |
| Deferred Revenue NC | -$6.3B |
| Deferred Tax Liabilities | $6.3B |
| Other Non-Current Liabilities | $8.1B |
| TOTAL NON-CURRENT LIABILITIES | $42.9B |
| TOTAL LIABILITIES | $73.4B |
| Common Stock | $0 |
| Additional Paid-In Capital | $71.2B |
| Retained Earnings | $75.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $142.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $142.9B |
| TOTAL LIABILITIES & EQUITY | $216.3B |
| Total Debt | $36.2B |
| Net Debt | -$673M |
