| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.5B | $2.2B | $1.6B | 15.0% | 57.0% |
| Op. Income | $523M | $273M | -$185M | 92.0% | 382.5% |
| Gross Margin | 41.5% | 37.3% | 23.3% | 4.3pp | 18.2pp |
| Net Margin | 13.6% | 3.9% | -18.3% | 9.7pp | 31.9pp |
| EPS (Diluted) | $0.68 | $0.19 | $-0.70 | 257.9% | 197.1% |
| Free Cash Flow | -$918M | $297M | -$1.2B | -409.5% | 24.7% |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $325M |
| Other Expenses | $205M |
| Operating Expenses | $530M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $523M |
| Interest Income | $0 |
| Interest Expense | $181M |
| Other Income/Expenses | -$169M |
| INCOME BEFORE TAX | $354M |
| Income Tax Expense | $8M |
| NET INCOME | $346M |
| D&A | $225M |
| EBIT | $535M |
| EBITDA | $760M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $325M |
| Other Expenses | $205M |
| Operating Expenses | $530M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $523M |
| Interest Income | $0 |
| Interest Expense | $181M |
| Other Income/Expenses | -$169M |
| INCOME BEFORE TAX | $354M |
| Income Tax Expense | $8M |
| NET INCOME | $346M |
| D&A | $225M |
| EBIT | $535M |
| EBITDA | $760M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $346M |
| Depreciation & Amortization | $225M |
| Stock-Based Compensation | $24M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | -$382M |
| OPERATING CASH FLOW | $210M |
| Capital Expenditure | -$1.1B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$95M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | -$1.2B |
| Net Debt Issuance | $822M |
| Common Stock Repurchased | -$48.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$35M |
| NET CASH FROM FINANCING | $787M |
| FREE CASH FLOW | -$918M |
| Net Change in Cash | -$218M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $682M |
| Short-Term Investments | $0 |
| Net Receivables | $239M |
| Inventory | $166M |
| Other Current Assets | $524M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $16.0B |
| Goodwill | $98M |
| Intangible Assets | $501M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $17.6B |
| TOTAL ASSETS | $19.3B |
| Account Payables | $158M |
| Short-Term Debt | $1.2B |
| Deferred Revenue | $3.0B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $5.4B |
| Long-Term Debt | $12.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $776M |
| TOTAL NON-CURRENT LIABILITIES | $13.4B |
| TOTAL LIABILITIES | $18.8B |
| Common Stock | $425.0K |
| Additional Paid-In Capital | $7.7B |
| Retained Earnings | -$6.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$456M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $439M |
| Minority Interest | $0 |
| TOTAL EQUITY | $439M |
| TOTAL LIABILITIES & EQUITY | $19.3B |
| Total Debt | $13.9B |
| Net Debt | $13.2B |
