| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.3B | $2.9B | $2.0B | 14.7% | 63.0% |
| Op. Income | $1.2B | $926M | $278M | 25.2% | 317.4% |
| Gross Margin | 73.9% | 78.3% | 94.4% | -4.4pp | -20.6pp |
| Net Margin | 26.1% | 24.3% | 10.7% | 1.9pp | 15.4pp |
| EPS (Diluted) | $5.05 | $4.01 | $1.08 | 25.9% | 367.6% |
| Free Cash Flow | $1.2B | $373M | $1.1B | 224.7% | 7.4% |
| Item | Amount |
|---|---|
| REVENUE | $3.3B |
| Cost of Revenue | $867M |
| GROSS PROFIT | $2.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $28M |
| General & Administrative | $766M |
| SG&A Expenses | $794M |
| Other Expenses | $499M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $1.2B |
| Interest Income | $2.5B |
| Interest Expense | $717M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $292M |
| Net Income from Continuing Ops | $867M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $867M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $841M |
| D&A | $125M |
| EBIT | $1.2B |
| EBITDA | $1.3B |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $3.3B |
| Cost of Revenue | $867M |
| GROSS PROFIT | $2.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $28M |
| General & Administrative | $766M |
| SG&A Expenses | $794M |
| Other Expenses | $499M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $1.2B |
| Interest Income | $2.5B |
| Interest Expense | $717M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $292M |
| Net Income from Continuing Ops | $867M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $867M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $841M |
| D&A | $125M |
| EBIT | $1.2B |
| EBITDA | $1.3B |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $867M |
| Depreciation & Amortization | $126M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$18M |
| Other Non-Cash Items | -$73M |
| Change in Working Capital | $355M |
| OPERATING CASH FLOW | $1.3B |
| Capital Expenditure | -$46M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$88M |
| Sales/Maturities of Investments | $540M |
| Other Investing Activities | -$5.3B |
| NET CASH FROM INVESTING | -$4.9B |
| Net Debt Issuance | $912M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$215M |
| Other Financing Activities | $3.0B |
| NET CASH FROM FINANCING | $3.7B |
| FREE CASH FLOW | $1.2B |
| Net Change in Cash | $30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $29.0B |
| Short-Term Investments | $6.4B |
| Net Receivables | $9.0B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $44.5B |
| PP&E (Net) | $1.7B |
| Goodwill | $8.5B |
| Intangible Assets | $177M |
| Long-Term Investments | $152.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $163.2B |
| TOTAL ASSETS | $207.7B |
| Account Payables | $4.5B |
| Short-Term Debt | $7.9B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $162.1B |
| TOTAL CURRENT LIABILITIES | $174.5B |
| Long-Term Debt | $7.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $7.4B |
| TOTAL LIABILITIES | $181.9B |
| Common Stock | $91M |
| Additional Paid-In Capital | $10.0B |
| Retained Earnings | $16.8B |
| Treasury Stock | -$2.3B |
| Accum. Other Comp. Income | -$865M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $25.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $25.8B |
| TOTAL LIABILITIES & EQUITY | $207.7B |
| Total Debt | $15.3B |
| Net Debt | -$13.6B |
