| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14.5B | $13.8B | $15.9B | 4.8% | -8.9% |
| Op. Income | $3.8B | $3.5B | $5.6B | 9.1% | -32.3% |
| Gross Margin | 72.9% | 71.9% | 66.2% | 1.0pp | 6.7pp |
| Net Margin | 19.5% | 21.8% | 27.1% | -2.3pp | -7.6pp |
| EPS (Diluted) | $1.11 | $1.18 | $1.70 | -5.9% | -34.7% |
| Free Cash Flow | $332M | $3.3B | $3.8B | -89.9% | -91.2% |
| Item | Amount |
|---|---|
| REVENUE | $14.5B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $10.6B |
| R&D Expenses | $4.3B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.5B |
| Other Expenses | $0 |
| Operating Expenses | $6.8B |
| Cost & Expenses | $10.7B |
| OPERATING INCOME | $3.8B |
| Interest Income | $112M |
| Interest Expense | $242M |
| Other Income/Expenses | -$156M |
| INCOME BEFORE TAX | $3.6B |
| Income Tax Expense | $825M |
| 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 | $991M |
| EBIT | $3.9B |
| EBITDA | $4.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $14.5B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $10.6B |
| R&D Expenses | $4.3B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.5B |
| Other Expenses | $0 |
| Operating Expenses | $6.8B |
| Cost & Expenses | $10.7B |
| OPERATING INCOME | $3.8B |
| Interest Income | $112M |
| Interest Expense | $242M |
| Other Income/Expenses | -$156M |
| INCOME BEFORE TAX | $3.6B |
| Income Tax Expense | $825M |
| 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 | $991M |
| EBIT | $3.9B |
| EBITDA | $4.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.8B |
| Depreciation & Amortization | $991M |
| Stock-Based Compensation | $145M |
| Deferred Income Tax | -$277M |
| Other Non-Cash Items | $549M |
| Change in Working Capital | -$2.9B |
| OPERATING CASH FLOW | $1.3B |
| Capital Expenditure | -$1.0B |
| Acquisitions (Net) | -$1.3B |
| Purchases of Investments | -$562M |
| Sales/Maturities of Investments | $500M |
| Other Investing Activities | $37M |
| NET CASH FROM INVESTING | -$2.4B |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$149M |
| Common Dividends Paid | -$1.9B |
| Other Financing Activities | -$51M |
| NET CASH FROM FINANCING | -$2.1B |
| FREE CASH FLOW | $332M |
| Net Change in Cash | -$3.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.7B |
| Short-Term Investments | $680M |
| Net Receivables | $10.4B |
| Inventory | $5.9B |
| Other Current Assets | $6.7B |
| TOTAL CURRENT ASSETS | $33.4B |
| PP&E (Net) | $21.8B |
| Goodwill | $21.2B |
| Intangible Assets | $19.9B |
| Long-Term Investments | $1.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $10.3B |
| TOTAL NON-CURRENT ASSETS | $74.4B |
| TOTAL ASSETS | $107.8B |
| Account Payables | $3.7B |
| Short-Term Debt | $2.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $23.1B |
| Long-Term Debt | $28.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.4B |
| Other Non-Current Liabilities | $8.2B |
| TOTAL NON-CURRENT LIABILITIES | $37.8B |
| TOTAL LIABILITIES | $60.9B |
| Common Stock | $1.8B |
| Additional Paid-In Capital | $44.5B |
| Retained Earnings | $62.0B |
| Treasury Stock | -$56.6B |
| Accum. Other Comp. Income | -$4.9B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $46.8B |
| Minority Interest | $71M |
| TOTAL EQUITY | $46.9B |
| TOTAL LIABILITIES & EQUITY | $107.8B |
| Total Debt | $30.7B |
| Net Debt | $21.0B |
