| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.3B | $3.2B | $2.2B | 1.8% | 51.4% |
| Op. Income | $146M | $434M | $190M | -66.4% | -23.4% |
| Gross Margin | 47.0% | 53.4% | 70.3% | -6.4pp | -23.2pp |
| Net Margin | 3.5% | 10.2% | 7.2% | -6.8pp | -3.8pp |
| EPS (Diluted) | $0.52 | $1.49 | $0.71 | -65.1% | -26.8% |
| Free Cash Flow | $2.6B | -$78M | $3.9B | 3411.5% | -33.9% |
| Item | Amount |
|---|---|
| REVENUE | $3.3B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $21M |
| General & Administrative | $764M |
| SG&A Expenses | $786M |
| Other Expenses | $603M |
| Operating Expenses | $1.4B |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $146M |
| Interest Income | $2.2B |
| Interest Expense | $1.7B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $146M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $113M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $113M |
| Net Income Deductions | $12M |
| BOTTOM LINE NET INCOME | $97M |
| D&A | $169M |
| EBIT | $146M |
| EBITDA | $315M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.3B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $21M |
| General & Administrative | $764M |
| SG&A Expenses | $786M |
| Other Expenses | $603M |
| Operating Expenses | $1.4B |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $146M |
| Interest Income | $2.2B |
| Interest Expense | $1.7B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $146M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $113M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $113M |
| Net Income Deductions | $12M |
| BOTTOM LINE NET INCOME | $97M |
| D&A | $169M |
| EBIT | $146M |
| EBITDA | $315M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $113M |
| Depreciation & Amortization | $169M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $571M |
| Change in Working Capital | $1.9B |
| OPERATING CASH FLOW | $2.8B |
| Capital Expenditure | -$210M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$9.9B |
| Sales/Maturities of Investments | $11.0B |
| Other Investing Activities | -$5.9B |
| NET CASH FROM INVESTING | -$4.9B |
| Net Debt Issuance | -$342M |
| Common Stock Repurchased | -$146M |
| Common Dividends Paid | -$154M |
| Other Financing Activities | $2.4B |
| NET CASH FROM FINANCING | $1.7B |
| FREE CASH FLOW | $2.6B |
| Net Change in Cash | -$164M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $41.1B |
| Short-Term Investments | $23.1B |
| Net Receivables | $213M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $64.4B |
| PP&E (Net) | $502M |
| Goodwill | $702M |
| Intangible Assets | $0 |
| Long-Term Investments | $73.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $11.6B |
| TOTAL NON-CURRENT ASSETS | $86.4B |
| TOTAL ASSETS | $150.8B |
| Account Payables | $0 |
| Short-Term Debt | $3.8B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $116.2B |
| TOTAL CURRENT LIABILITIES | $120.0B |
| Long-Term Debt | $13.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.5B |
| TOTAL NON-CURRENT LIABILITIES | $18.9B |
| TOTAL LIABILITIES | $138.9B |
| Common Stock | $409M |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $14.2B |
| Treasury Stock | -$3.5B |
| Accum. Other Comp. Income | -$1.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $11.9B |
| TOTAL LIABILITIES & EQUITY | $150.8B |
| Total Debt | $17.2B |
| Net Debt | -$23.8B |
