| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $40.1B | $34.1B | $32.2B | 17.5% | 24.7% |
| Op. Income | $16.4B | $13.7B | $6.4B | 19.2% | 156.0% |
| Gross Margin | 80.8% | 81.8% | 74.1% | -1.0pp | 6.7pp |
| Net Margin | 34.9% | 33.9% | 14.5% | 1.0pp | 20.5pp |
| EPS (Diluted) | $5.33 | $4.39 | $1.76 | 21.4% | 202.8% |
| Free Cash Flow | $11.7B | $13.9B | $5.5B | -15.3% | 114.7% |
| Item | Amount |
|---|---|
| REVENUE | $40.1B |
| Cost of Revenue | $7.7B |
| GROSS PROFIT | $32.4B |
| R&D Expenses | $10.5B |
| Selling & Marketing | $3.2B |
| General & Administrative | $2.3B |
| SG&A Expenses | $5.5B |
| Other Expenses | $0 |
| Operating Expenses | $16.0B |
| Cost & Expenses | $23.7B |
| OPERATING INCOME | $16.4B |
| Interest Income | $588M |
| Interest Expense | $136M |
| Other Income/Expenses | $423M |
| INCOME BEFORE TAX | $16.8B |
| Income Tax Expense | $2.8B |
| Net Income from Continuing Ops | $14.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14.0B |
| D&A | $3.2B |
| EBIT | $16.9B |
| EBITDA | $20.1B |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $40.1B |
| Cost of Revenue | $7.7B |
| GROSS PROFIT | $32.4B |
| R&D Expenses | $10.5B |
| Selling & Marketing | $3.2B |
| General & Administrative | $2.3B |
| SG&A Expenses | $5.5B |
| Other Expenses | $0 |
| Operating Expenses | $16.0B |
| Cost & Expenses | $23.7B |
| OPERATING INCOME | $16.4B |
| Interest Income | $588M |
| Interest Expense | $136M |
| Other Income/Expenses | $423M |
| INCOME BEFORE TAX | $16.8B |
| Income Tax Expense | $2.8B |
| Net Income from Continuing Ops | $14.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14.0B |
| D&A | $3.2B |
| EBIT | $16.9B |
| EBITDA | $20.1B |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $14.0B |
| Depreciation & Amortization | $3.2B |
| Stock-Based Compensation | $3.4B |
| Deferred Income Tax | -$1.2B |
| Other Non-Cash Items | $1.2B |
| Change in Working Capital | -$1.3B |
| OPERATING CASH FLOW | $19.4B |
| Capital Expenditure | -$7.7B |
| Acquisitions (Net) | -$64M |
| Purchases of Investments | -$1.2B |
| Sales/Maturities of Investments | $2.4B |
| Other Investing Activities | $70M |
| NET CASH FROM INVESTING | -$6.5B |
| Net Debt Issuance | -$307M |
| Common Stock Repurchased | -$5.9B |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2.2B |
| NET CASH FROM FINANCING | -$8.4B |
| FREE CASH FLOW | $11.7B |
| Net Change in Cash | $4.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $41.9B |
| Short-Term Investments | $23.5B |
| Net Receivables | $16.2B |
| Inventory | $0 |
| Other Current Assets | $3.8B |
| TOTAL CURRENT ASSETS | $85.4B |
| PP&E (Net) | $109.9B |
| Goodwill | $20.7B |
| Intangible Assets | $788M |
| Long-Term Investments | $6.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $6.8B |
| TOTAL NON-CURRENT ASSETS | $144.3B |
| TOTAL ASSETS | $229.6B |
| Account Payables | $4.8B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13.0B |
| TOTAL CURRENT LIABILITIES | $32.0B |
| Long-Term Debt | $18.4B |
| Deferred Revenue NC | -$7.0B |
| Deferred Tax Liabilities | $7.0B |
| Other Non-Current Liabilities | $8.9B |
| TOTAL NON-CURRENT LIABILITIES | $44.5B |
| TOTAL LIABILITIES | $76.5B |
| Common Stock | $0 |
| Additional Paid-In Capital | $73.3B |
| Retained Earnings | $82.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $153.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $153.2B |
| TOTAL LIABILITIES & EQUITY | $229.6B |
| Total Debt | $37.2B |
| Net Debt | -$4.6B |
