| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $50.1B | $51.9B | $45.3B | -3.4% | 10.6% |
| Op. Income | $21.5B | $20.5B | $20.2B | 4.8% | 6.3% |
| Gross Margin | 69.2% | 68.3% | 69.9% | 0.8pp | -0.7pp |
| Net Margin | 35.0% | 32.3% | 45.2% | 2.8pp | -10.2pp |
| EPS (Diluted) | $2.35 | $2.23 | $2.71 | 5.4% | -13.3% |
| Free Cash Flow | $16.9B | $17.8B | $18.7B | -4.7% | -9.7% |
| Item | Amount |
|---|---|
| REVENUE | $50.1B |
| Cost of Revenue | $15.5B |
| GROSS PROFIT | $34.7B |
| R&D Expenses | $6.6B |
| Selling & Marketing | $5.1B |
| General & Administrative | $1.4B |
| SG&A Expenses | $6.5B |
| Other Expenses | $0 |
| Operating Expenses | $13.2B |
| Cost & Expenses | $28.6B |
| OPERATING INCOME | $21.5B |
| Interest Income | $641M |
| Interest Expense | $500M |
| Other Income/Expenses | $54M |
| INCOME BEFORE TAX | $21.6B |
| Income Tax Expense | $4.0B |
| Net Income from Continuing Ops | $17.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17.6B |
| D&A | $2.8B |
| EBIT | $22.1B |
| EBITDA | $24.9B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $50.1B |
| Cost of Revenue | $15.5B |
| GROSS PROFIT | $34.7B |
| R&D Expenses | $6.6B |
| Selling & Marketing | $5.1B |
| General & Administrative | $1.4B |
| SG&A Expenses | $6.5B |
| Other Expenses | $0 |
| Operating Expenses | $13.2B |
| Cost & Expenses | $28.6B |
| OPERATING INCOME | $21.5B |
| Interest Income | $641M |
| Interest Expense | $500M |
| Other Income/Expenses | $54M |
| INCOME BEFORE TAX | $21.6B |
| Income Tax Expense | $4.0B |
| Net Income from Continuing Ops | $17.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17.6B |
| D&A | $2.8B |
| EBIT | $22.1B |
| EBITDA | $24.9B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $17.6B |
| Depreciation & Amortization | $2.8B |
| Stock-Based Compensation | $2.2B |
| Deferred Income Tax | -$1.2B |
| Other Non-Cash Items | -$22M |
| Change in Working Capital | $1.9B |
| OPERATING CASH FLOW | $23.2B |
| Capital Expenditure | -$6.3B |
| Acquisitions (Net) | -$349M |
| Purchases of Investments | -$5.0B |
| Sales/Maturities of Investments | $9.4B |
| Other Investing Activities | -$860M |
| NET CASH FROM INVESTING | -$3.1B |
| Net Debt Issuance | -$1.0B |
| Common Stock Repurchased | -$5.6B |
| Common Dividends Paid | -$4.6B |
| Other Financing Activities | -$264M |
| NET CASH FROM FINANCING | -$10.9B |
| FREE CASH FLOW | $16.9B |
| Net Change in Cash | $9.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $22.9B |
| Short-Term Investments | $84.4B |
| Net Receivables | $31.3B |
| Inventory | $4.3B |
| Other Current Assets | $18.0B |
| TOTAL CURRENT ASSETS | $160.8B |
| PP&E (Net) | $90.4B |
| Goodwill | $67.5B |
| Intangible Assets | $10.8B |
| Long-Term Investments | $6.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $23.5B |
| TOTAL NON-CURRENT ASSETS | $199.0B |
| TOTAL ASSETS | $359.8B |
| Account Payables | $16.6B |
| Short-Term Debt | $3.2B |
| Deferred Revenue | $41.3B |
| Other Current Liabilities | $16.2B |
| TOTAL CURRENT LIABILITIES | $87.4B |
| Long-Term Debt | $45.4B |
| Deferred Revenue NC | $2.5B |
| Deferred Tax Liabilities | $223M |
| Other Non-Current Liabilities | $25.4B |
| TOTAL NON-CURRENT LIABILITIES | $98.8B |
| TOTAL LIABILITIES | $186.2B |
| Common Stock | $88.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $92.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $173.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $173.6B |
| TOTAL LIABILITIES & EQUITY | $359.8B |
| Total Debt | $77.1B |
| Net Debt | $54.3B |
