| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $52.7B | $50.1B | $51.7B | 5.2% | 2.0% |
| Op. Income | $20.4B | $21.5B | $22.2B | -5.2% | -8.3% |
| Gross Margin | 66.8% | 69.2% | 67.2% | -2.3pp | -0.4pp |
| Net Margin | 31.1% | 35.0% | 36.3% | -3.9pp | -5.1pp |
| EPS (Diluted) | $2.20 | $2.35 | $2.48 | -6.4% | -11.3% |
| Free Cash Flow | $4.9B | $16.9B | $8.6B | -71.0% | -43.1% |
| Item | Amount |
|---|---|
| REVENUE | $52.7B |
| Cost of Revenue | $17.5B |
| GROSS PROFIT | $35.3B |
| R&D Expenses | $6.8B |
| Selling & Marketing | $5.7B |
| General & Administrative | $2.3B |
| SG&A Expenses | $8.0B |
| Other Expenses | $0 |
| Operating Expenses | $14.9B |
| Cost & Expenses | $32.3B |
| OPERATING INCOME | $20.4B |
| Interest Income | $700M |
| Interest Expense | $490M |
| Other Income/Expenses | -$60M |
| INCOME BEFORE TAX | $20.3B |
| Income Tax Expense | $3.9B |
| Net Income from Continuing Ops | $16.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16.4B |
| D&A | $3.6B |
| EBIT | $20.8B |
| EBITDA | $24.5B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $52.7B |
| Cost of Revenue | $17.5B |
| GROSS PROFIT | $35.3B |
| R&D Expenses | $6.8B |
| Selling & Marketing | $5.7B |
| General & Administrative | $2.3B |
| SG&A Expenses | $8.0B |
| Other Expenses | $0 |
| Operating Expenses | $14.9B |
| Cost & Expenses | $32.3B |
| OPERATING INCOME | $20.4B |
| Interest Income | $700M |
| Interest Expense | $490M |
| Other Income/Expenses | -$60M |
| INCOME BEFORE TAX | $20.3B |
| Income Tax Expense | $3.9B |
| Net Income from Continuing Ops | $16.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16.4B |
| D&A | $3.6B |
| EBIT | $20.8B |
| EBITDA | $24.5B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $16.4B |
| Depreciation & Amortization | $3.6B |
| Stock-Based Compensation | $2.5B |
| Deferred Income Tax | -$1.3B |
| Other Non-Cash Items | $214M |
| Change in Working Capital | -$10.3B |
| OPERATING CASH FLOW | $11.2B |
| Capital Expenditure | -$6.3B |
| Acquisitions (Net) | -$679M |
| Purchases of Investments | -$11.6B |
| Sales/Maturities of Investments | $11.7B |
| Other Investing Activities | -$301M |
| NET CASH FROM INVESTING | -$7.2B |
| Net Debt Issuance | -$750M |
| Common Stock Repurchased | -$5.5B |
| Common Dividends Paid | -$5.1B |
| Other Financing Activities | -$317M |
| NET CASH FROM FINANCING | -$11.3B |
| FREE CASH FLOW | $4.9B |
| Net Change in Cash | -$7.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15.6B |
| Short-Term Investments | $83.8B |
| Net Receivables | $35.8B |
| Inventory | $3.0B |
| Other Current Assets | $19.5B |
| TOTAL CURRENT ASSETS | $157.8B |
| PP&E (Net) | $96.4B |
| Goodwill | $67.9B |
| Intangible Assets | $10.4B |
| Long-Term Investments | $7.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $25.0B |
| TOTAL NON-CURRENT ASSETS | $206.7B |
| TOTAL ASSETS | $364.6B |
| Account Payables | $15.4B |
| Short-Term Debt | $4.0B |
| Deferred Revenue | $37.0B |
| Other Current Liabilities | $18.4B |
| TOTAL CURRENT LIABILITIES | $81.7B |
| Long-Term Debt | $44.1B |
| Deferred Revenue NC | $2.6B |
| Deferred Tax Liabilities | $289M |
| Other Non-Current Liabilities | $26.2B |
| TOTAL NON-CURRENT LIABILITIES | $99.7B |
| TOTAL LIABILITIES | $181.4B |
| Common Stock | $90.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $99.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $183.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $183.1B |
| TOTAL LIABILITIES & EQUITY | $364.6B |
| Total Debt | $78.0B |
| Net Debt | $62.3B |
