| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15.0B | $14.5B | $14.6B | 3.8% | 3.0% |
| Op. Income | -$5.0B | $3.8B | $5.1B | -231.7% | -198.9% |
| Gross Margin | 73.2% | 72.9% | 71.1% | 0.3pp | 2.1pp |
| Net Margin | -39.7% | 19.5% | 27.0% | -59.2pp | -66.8pp |
| EPS (Diluted) | $-2.35 | $1.11 | $1.55 | -311.7% | -251.6% |
| Free Cash Flow | $2.7B | $332M | $3.2B | 725.0% | -13.7% |
| Item | Amount |
|---|---|
| REVENUE | $15.0B |
| Cost of Revenue | $4.0B |
| GROSS PROFIT | $11.0B |
| R&D Expenses | $13.3B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.7B |
| Other Expenses | $0 |
| Operating Expenses | $16.0B |
| Cost & Expenses | $20.0B |
| OPERATING INCOME | -$5.0B |
| Interest Income | $109M |
| Interest Expense | $277M |
| Other Income/Expenses | -$323M |
| INCOME BEFORE TAX | -$5.3B |
| Income Tax Expense | $637M |
| Net Income from Continuing Ops | -$6.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$6.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6.0B |
| D&A | $903M |
| EBIT | -$5.1B |
| EBITDA | -$4.2B |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$6.0B |
| Depreciation & Amortization | $903M |
| Stock-Based Compensation | $169M |
| Deferred Income Tax | -$355M |
| Other Non-Cash Items | $10.6B |
| Change in Working Capital | -$1.6B |
| OPERATING CASH FLOW | $3.7B |
| Capital Expenditure | -$965M |
| Acquisitions (Net) | -$10.7B |
| Purchases of Investments | -$25M |
| Sales/Maturities of Investments | $285M |
| Other Investing Activities | -$33M |
| NET CASH FROM INVESTING | -$11.4B |
| Net Debt Issuance | $6.1B |
| Common Stock Repurchased | -$338M |
| Common Dividends Paid | -$1.9B |
| Other Financing Activities | -$152M |
| NET CASH FROM FINANCING | $3.8B |
| FREE CASH FLOW | $2.7B |
| Net Change in Cash | -$4.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.7B |
| Short-Term Investments | $718M |
| Net Receivables | $11.0B |
| Inventory | $5.9B |
| Other Current Assets | $6.6B |
| TOTAL CURRENT ASSETS | $30.0B |
| PP&E (Net) | $22.2B |
| Goodwill | $21.2B |
| Intangible Assets | $19.7B |
| Long-Term Investments | $1.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $10.2B |
| TOTAL NON-CURRENT ASSETS | $74.5B |
| TOTAL ASSETS | $104.5B |
| Account Payables | $3.4B |
| Short-Term Debt | $2.8B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $23.4B |
| Long-Term Debt | $34.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $996M |
| Other Non-Current Liabilities | $7.3B |
| TOTAL NON-CURRENT LIABILITIES | $42.3B |
| TOTAL LIABILITIES | $65.7B |
| Common Stock | $1.8B |
| Additional Paid-In Capital | $44.2B |
| Retained Earnings | $54.2B |
| Treasury Stock | -$56.6B |
| Accum. Other Comp. Income | -$4.9B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $38.7B |
| Minority Interest | $49M |
| TOTAL EQUITY | $38.7B |
| TOTAL LIABILITIES & EQUITY | $104.5B |
| Total Debt | $36.9B |
| Net Debt | $31.3B |
