| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.5B | $8.4B | $6.5B | 1.7% | 31.6% |
| Op. Income | $3.7B | $3.9B | $2.9B | -4.5% | 29.9% |
| Gross Margin | 85.5% | 84.7% | 85.3% | 0.9pp | 0.2pp |
| Net Margin | 35.8% | 37.1% | 32.3% | -1.3pp | 3.5pp |
| EPS (Diluted) | $0.68 | $0.69 | $0.46 | -1.6% | 47.4% |
| Free Cash Flow | $3.4B | $3.9B | $3.4B | -13.9% | 0.7% |
| Item | Amount |
|---|---|
| REVENUE | $8.5B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $7.3B |
| R&D Expenses | $1.1B |
| Selling & Marketing | $2.2B |
| General & Administrative | $168M |
| SG&A Expenses | $2.4B |
| Other Expenses | $2M |
| Operating Expenses | $3.5B |
| Cost & Expenses | $4.8B |
| OPERATING INCOME | $3.7B |
| Interest Income | $101M |
| Interest Expense | $44M |
| Other Income/Expenses | $57M |
| INCOME BEFORE TAX | $3.8B |
| Income Tax Expense | $756M |
| Net Income from Continuing Ops | $3.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.0B |
| D&A | $341M |
| EBIT | $3.8B |
| EBITDA | $4.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $8.5B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $7.3B |
| R&D Expenses | $1.1B |
| Selling & Marketing | $2.2B |
| General & Administrative | $168M |
| SG&A Expenses | $2.4B |
| Other Expenses | $2M |
| Operating Expenses | $3.5B |
| Cost & Expenses | $4.8B |
| OPERATING INCOME | $3.7B |
| Interest Income | $101M |
| Interest Expense | $44M |
| Other Income/Expenses | $57M |
| INCOME BEFORE TAX | $3.8B |
| Income Tax Expense | $756M |
| Net Income from Continuing Ops | $3.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.0B |
| D&A | $341M |
| EBIT | $3.8B |
| EBITDA | $4.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.0B |
| Depreciation & Amortization | $341M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $756M |
| Other Non-Cash Items | $965M |
| Change in Working Capital | -$629M |
| OPERATING CASH FLOW | $4.5B |
| Capital Expenditure | -$1.1B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$807M |
| Sales/Maturities of Investments | $454M |
| Other Investing Activities | -$181M |
| NET CASH FROM INVESTING | -$1.5B |
| Net Debt Issuance | -$58M |
| Common Stock Repurchased | -$1.4B |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$532M |
| NET CASH FROM FINANCING | -$2.0B |
| FREE CASH FLOW | $3.4B |
| Net Change in Cash | $1.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $495M |
| Short-Term Investments | $341M |
| Net Receivables | $1.5B |
| Inventory | $643M |
| Other Current Assets | $208M |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $1.7B |
| Goodwill | $0 |
| Intangible Assets | $1.2B |
| Long-Term Investments | $34M |
| Tax Assets | $358M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $3.3B |
| TOTAL ASSETS | $6.4B |
| Account Payables | $408M |
| Short-Term Debt | $144M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.8B |
| TOTAL CURRENT LIABILITIES | $3.6B |
| Long-Term Debt | $446M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $175M |
| Other Non-Current Liabilities | $152M |
| TOTAL NON-CURRENT LIABILITIES | $773M |
| TOTAL LIABILITIES | $4.4B |
| Common Stock | $10M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.0B |
| Treasury Stock | -$68.9K |
| Accum. Other Comp. Income | $44M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $6.4B |
| Total Debt | $590M |
| Net Debt | $95M |
