| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.2B | $8.2B | $8.0B | 0.3% | 2.7% |
| Op. Income | $1.8B | $1.7B | $1.6B | 6.6% | 15.8% |
| Gross Margin | 42.9% | 41.1% | 41.1% | 1.8pp | 1.8pp |
| Net Margin | 18.2% | 16.0% | 18.1% | 2.2pp | 0.1pp |
| EPS (Diluted) | $0.33 | $0.29 | $0.32 | 14.2% | 2.8% |
| Free Cash Flow | $1.3B | $2.1B | $13M | -36.7% | 10418.9% |
| Item | Amount |
|---|---|
| REVENUE | $8.2B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $3.5B |
| R&D Expenses | $658M |
| Selling & Marketing | $627M |
| General & Administrative | $401M |
| SG&A Expenses | $1.0B |
| Other Expenses | $0 |
| Operating Expenses | $1.7B |
| Cost & Expenses | $6.4B |
| OPERATING INCOME | $1.8B |
| Interest Income | $27M |
| Interest Expense | $175M |
| Other Income/Expenses | -$148M |
| INCOME BEFORE TAX | $1.7B |
| Income Tax Expense | $192M |
| Net Income from Continuing Ops | $1.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.5B |
| D&A | $3.5B |
| EBIT | $1.9B |
| EBITDA | $5.4B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $8.2B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $3.5B |
| R&D Expenses | $658M |
| Selling & Marketing | $627M |
| General & Administrative | $401M |
| SG&A Expenses | $1.0B |
| Other Expenses | $0 |
| Operating Expenses | $1.7B |
| Cost & Expenses | $6.4B |
| OPERATING INCOME | $1.8B |
| Interest Income | $27M |
| Interest Expense | $175M |
| Other Income/Expenses | -$148M |
| INCOME BEFORE TAX | $1.7B |
| Income Tax Expense | $192M |
| Net Income from Continuing Ops | $1.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.5B |
| D&A | $3.5B |
| EBIT | $1.9B |
| EBITDA | $5.4B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1.5B |
| Depreciation & Amortization | $3.5B |
| Stock-Based Compensation | $78M |
| Deferred Income Tax | -$103M |
| Other Non-Cash Items | -$3.5B |
| Change in Working Capital | -$35M |
| OPERATING CASH FLOW | $1.4B |
| Capital Expenditure | -$101M |
| Acquisitions (Net) | -$199M |
| Purchases of Investments | -$303M |
| Sales/Maturities of Investments | $502M |
| Other Investing Activities | $199M |
| NET CASH FROM INVESTING | $98M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$645M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$39M |
| NET CASH FROM FINANCING | -$649M |
| FREE CASH FLOW | $1.3B |
| Net Change in Cash | $928M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.7B |
| Short-Term Investments | $914M |
| Net Receivables | $1.2B |
| Inventory | $0 |
| Other Current Assets | $1.2B |
| TOTAL CURRENT ASSETS | $11.5B |
| PP&E (Net) | $3.7B |
| Goodwill | $0 |
| Intangible Assets | $32.5B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.1B |
| TOTAL NON-CURRENT ASSETS | $39.3B |
| TOTAL ASSETS | $50.8B |
| Account Payables | $615M |
| Short-Term Debt | $399M |
| Deferred Revenue | $1.3B |
| Other Current Liabilities | $4.4B |
| TOTAL CURRENT LIABILITIES | $8.7B |
| Long-Term Debt | $14.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3.1B |
| TOTAL NON-CURRENT LIABILITIES | $19.3B |
| TOTAL LIABILITIES | $28.0B |
| Common Stock | $4.9B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $20.0B |
| Treasury Stock | -$1.9B |
| Accum. Other Comp. Income | -$139M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $22.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $22.8B |
| TOTAL LIABILITIES & EQUITY | $50.8B |
| Total Debt | $17.0B |
| Net Debt | $9.3B |
