| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $56.5B | $56.2B | $50.1B | 0.6% | 12.8% |
| Op. Income | $26.9B | $24.3B | $21.5B | 10.9% | 25.0% |
| Gross Margin | 71.2% | 70.1% | 69.2% | 1.0pp | 2.0pp |
| Net Margin | 39.4% | 35.7% | 35.0% | 3.7pp | 4.4pp |
| EPS (Diluted) | $2.99 | $2.69 | $2.35 | 11.2% | 27.2% |
| Free Cash Flow | $20.7B | $19.8B | $16.9B | 4.2% | 22.2% |
| Item | Amount |
|---|---|
| REVENUE | $56.5B |
| Cost of Revenue | $16.3B |
| GROSS PROFIT | $40.2B |
| R&D Expenses | $6.7B |
| Selling & Marketing | $5.2B |
| General & Administrative | $1.5B |
| SG&A Expenses | $6.7B |
| Other Expenses | $0 |
| Operating Expenses | $13.3B |
| Cost & Expenses | $29.6B |
| OPERATING INCOME | $26.9B |
| Interest Income | $1.2B |
| Interest Expense | $525M |
| Other Income/Expenses | $389M |
| INCOME BEFORE TAX | $27.3B |
| Income Tax Expense | $5.0B |
| Net Income from Continuing Ops | $22.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22.3B |
| D&A | $3.9B |
| EBIT | $27.8B |
| EBITDA | $31.7B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $56.5B |
| Cost of Revenue | $16.3B |
| GROSS PROFIT | $40.2B |
| R&D Expenses | $6.7B |
| Selling & Marketing | $5.2B |
| General & Administrative | $1.5B |
| SG&A Expenses | $6.7B |
| Other Expenses | $0 |
| Operating Expenses | $13.3B |
| Cost & Expenses | $29.6B |
| OPERATING INCOME | $26.9B |
| Interest Income | $1.2B |
| Interest Expense | $525M |
| Other Income/Expenses | $389M |
| INCOME BEFORE TAX | $27.3B |
| Income Tax Expense | $5.0B |
| Net Income from Continuing Ops | $22.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22.3B |
| D&A | $3.9B |
| EBIT | $27.8B |
| EBITDA | $31.7B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $22.3B |
| Depreciation & Amortization | $3.9B |
| Stock-Based Compensation | $2.5B |
| Deferred Income Tax | -$568M |
| Other Non-Cash Items | $14M |
| Change in Working Capital | $2.4B |
| OPERATING CASH FLOW | $30.6B |
| Capital Expenditure | -$9.9B |
| Acquisitions (Net) | -$1.2B |
| Purchases of Investments | -$8.5B |
| Sales/Maturities of Investments | $21.0B |
| Other Investing Activities | -$982M |
| NET CASH FROM INVESTING | $503M |
| Net Debt Issuance | $24.3B |
| Common Stock Repurchased | -$4.8B |
| Common Dividends Paid | -$5.1B |
| Other Financing Activities | -$307M |
| NET CASH FROM FINANCING | $14.8B |
| FREE CASH FLOW | $20.7B |
| Net Change in Cash | $45.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $80.5B |
| Short-Term Investments | $63.5B |
| Net Receivables | $37.0B |
| Inventory | $3.0B |
| Other Current Assets | $23.7B |
| TOTAL CURRENT ASSETS | $207.6B |
| PP&E (Net) | $117.9B |
| Goodwill | $67.8B |
| Intangible Assets | $8.9B |
| Long-Term Investments | $11.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $32.2B |
| TOTAL NON-CURRENT ASSETS | $238.2B |
| TOTAL ASSETS | $445.8B |
| Account Payables | $19.3B |
| Short-Term Debt | $29.6B |
| Deferred Revenue | $46.4B |
| Other Current Liabilities | $17.4B |
| TOTAL CURRENT LIABILITIES | $124.8B |
| Long-Term Debt | $41.9B |
| Deferred Revenue NC | $2.8B |
| Deferred Tax Liabilities | $470M |
| Other Non-Current Liabilities | $25.0B |
| TOTAL NON-CURRENT LIABILITIES | $100.3B |
| TOTAL LIABILITIES | $225.1B |
| Common Stock | $95.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $132.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6.9B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $220.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $220.7B |
| TOTAL LIABILITIES & EQUITY | $445.8B |
| Total Debt | $105.7B |
| Net Debt | $25.2B |
