| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.2B | $1.8B | $1.2B | 21.1% | 85.8% |
| Op. Income | $273M | $11M | -$397M | 2442.9% | 168.7% |
| Gross Margin | 37.3% | 29.7% | 9.6% | 7.5pp | 27.7pp |
| Net Margin | 3.9% | -8.7% | -42.9% | 12.6pp | 46.8pp |
| EPS (Diluted) | $0.19 | $-0.38 | $-1.22 | 150.0% | 115.6% |
| Free Cash Flow | $297M | $266M | $101M | 11.7% | 193.3% |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $822M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $352M |
| Other Expenses | $197M |
| Operating Expenses | $549M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $273M |
| Interest Income | $0 |
| Interest Expense | $178M |
| Other Income/Expenses | -$186M |
| INCOME BEFORE TAX | $87M |
| Income Tax Expense | $694.0K |
| NET INCOME | $86M |
| D&A | $215M |
| EBIT | $265M |
| EBITDA | $479M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $822M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $352M |
| Other Expenses | $197M |
| Operating Expenses | $549M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $273M |
| Interest Income | $0 |
| Interest Expense | $178M |
| Other Income/Expenses | -$186M |
| INCOME BEFORE TAX | $87M |
| Income Tax Expense | $694.0K |
| NET INCOME | $86M |
| D&A | $215M |
| EBIT | $265M |
| EBITDA | $479M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $86M |
| Depreciation & Amortization | $215M |
| Stock-Based Compensation | $45M |
| Deferred Income Tax | $694.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $686M |
| OPERATING CASH FLOW | $1.0B |
| Capital Expenditure | -$737M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$19M |
| NET CASH FROM INVESTING | -$756M |
| Net Debt Issuance | $28M |
| Common Stock Repurchased | -$14M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$93M |
| NET CASH FROM FINANCING | -$79M |
| FREE CASH FLOW | $297M |
| Net Change in Cash | $199M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $899M |
| Short-Term Investments | $0 |
| Net Receivables | $219M |
| Inventory | $154M |
| Other Current Assets | $576M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $15.8B |
| Goodwill | $98M |
| Intangible Assets | $501M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $431M |
| TOTAL NON-CURRENT ASSETS | $16.8B |
| TOTAL ASSETS | $18.6B |
| Account Payables | $148M |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $3.3B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $5.8B |
| Long-Term Debt | $12.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $223M |
| TOTAL NON-CURRENT LIABILITIES | $12.8B |
| TOTAL LIABILITIES | $18.6B |
| Common Stock | $425.0K |
| Additional Paid-In Capital | $7.7B |
| Retained Earnings | -$7.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$507M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15M |
| Minority Interest | $0 |
| TOTAL EQUITY | $15M |
| TOTAL LIABILITIES & EQUITY | $18.6B |
| Total Debt | $13.8B |
| Net Debt | $12.9B |
