| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.8B | — | $18.9B | — | -63.7% |
| Op. Income | -$4.2B | — | $9.4B | — | -145.0% |
| Gross Margin | 31.5% | — | 71.3% | — | -39.8pp |
| Net Margin | -68.8% | — | 44.3% | — | -113.1pp |
| EPS (Diluted) | $-12.34 | — | $20.10 | — | -161.4% |
| Free Cash Flow | -$3.8B | — | $4.6B | — | -183.5% |
| Item | Amount |
|---|---|
| REVENUE | $6.8B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $4.8B |
| Selling & Marketing | $204M |
| General & Administrative | $1.3B |
| SG&A Expenses | $1.5B |
| Other Expenses | $0 |
| Operating Expenses | $6.4B |
| Cost & Expenses | $11.1B |
| OPERATING INCOME | -$4.2B |
| Interest Income | $421M |
| Interest Expense | $38M |
| Other Income/Expenses | $297M |
| INCOME BEFORE TAX | -$3.9B |
| Income Tax Expense | $772M |
| Net Income from Continuing Ops | -$4.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4.7B |
| D&A | $621M |
| EBIT | -$3.9B |
| EBITDA | -$3.3B |
| EPS | -$12 |
| EPS Diluted | -$12 |
| Item | Amount |
|---|---|
| Net Income | -$4.7B |
| Depreciation & Amortization | $621M |
| Stock-Based Compensation | $305M |
| Deferred Income Tax | $828M |
| Other Non-Cash Items | -$19M |
| Change in Working Capital | -$139M |
| OPERATING CASH FLOW | -$3.1B |
| Capital Expenditure | -$707M |
| Acquisitions (Net) | -$85M |
| Purchases of Investments | -$3.8B |
| Sales/Maturities of Investments | $8.8B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $4.2B |
| Net Debt Issuance | -$270M |
| Common Stock Repurchased | -$1.2B |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1.4B |
| FREE CASH FLOW | -$3.8B |
| Net Change in Cash | -$289M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.9B |
| Short-Term Investments | $5.7B |
| Net Receivables | $1.1B |
| Inventory | $202M |
| Other Current Assets | $88M |
| TOTAL CURRENT ASSETS | $10.3B |
| PP&E (Net) | $2.7B |
| Goodwill | $52M |
| Intangible Assets | $44M |
| Long-Term Investments | $4.7B |
| Tax Assets | $81M |
| Other Non-Current Assets | $523M |
| TOTAL NON-CURRENT ASSETS | $8.1B |
| TOTAL ASSETS | $18.4B |
| Account Payables | $520M |
| Short-Term Debt | $0 |
| Deferred Revenue | $568M |
| Other Current Liabilities | $842M |
| TOTAL CURRENT LIABILITIES | $3.0B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $83M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $256M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $4.6B |
| Common Stock | $0 |
| Additional Paid-In Capital | $371M |
| Retained Earnings | $13.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$123M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $13.9B |
| TOTAL LIABILITIES & EQUITY | $18.4B |
| Total Debt | $1.2B |
| Net Debt | -$1.7B |
