| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.3B | $11.4B | $10.4B | 7.3% | 18.5% |
| Op. Income | $3.1B | $2.6B | -$824M | 17.1% | 472.7% |
| Gross Margin | 72.6% | 73.5% | 79.2% | -0.8pp | -6.5pp |
| Net Margin | 14.2% | 13.5% | -12.0% | 0.7pp | 26.2pp |
| EPS (Diluted) | $0.63 | $0.56 | $-0.46 | 12.5% | 237.0% |
| Free Cash Flow | -$1.6B | $4.7B | -$4.6B | -133.9% | 65.6% |
| Item | Amount |
|---|---|
| REVENUE | $12.3B |
| Cost of Revenue | $3.4B |
| GROSS PROFIT | $8.9B |
| R&D Expenses | $2.2B |
| Selling & Marketing | $2.2B |
| General & Administrative | $366M |
| SG&A Expenses | $2.6B |
| Other Expenses | $1.1B |
| Operating Expenses | $5.8B |
| Cost & Expenses | $9.2B |
| OPERATING INCOME | $3.1B |
| Interest Income | $52M |
| Interest Expense | $856M |
| Other Income/Expenses | -$927M |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | $403M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.7B |
| D&A | $1.5B |
| EBIT | $3.0B |
| EBITDA | $4.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $12.3B |
| Cost of Revenue | $3.4B |
| GROSS PROFIT | $8.9B |
| R&D Expenses | $2.2B |
| Selling & Marketing | $2.2B |
| General & Administrative | $366M |
| SG&A Expenses | $2.6B |
| Other Expenses | $1.1B |
| Operating Expenses | $5.8B |
| Cost & Expenses | $9.2B |
| OPERATING INCOME | $3.1B |
| Interest Income | $52M |
| Interest Expense | $856M |
| Other Income/Expenses | -$927M |
| INCOME BEFORE TAX | $2.1B |
| Income Tax Expense | $403M |
| Net Income from Continuing Ops | $1.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.7B |
| D&A | $1.5B |
| EBIT | $3.0B |
| EBITDA | $4.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.7B |
| Depreciation & Amortization | $1.5B |
| Stock-Based Compensation | $909M |
| Deferred Income Tax | -$508M |
| Other Non-Cash Items | $133M |
| Change in Working Capital | -$2.9B |
| OPERATING CASH FLOW | $849M |
| Capital Expenditure | -$2.4B |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | -$546M |
| Sales/Maturities of Investments | $324M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2.7B |
| Net Debt Issuance | -$695M |
| Common Stock Repurchased | -$514M |
| Common Dividends Paid | -$863M |
| Other Financing Activities | $71M |
| NET CASH FROM FINANCING | -$1.9B |
| FREE CASH FLOW | -$1.6B |
| Net Change in Cash | -$3.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.8B |
| Short-Term Investments | $537M |
| Net Receivables | $6.2B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $17.6B |
| PP&E (Net) | $14.4B |
| Goodwill | $61.5B |
| Intangible Assets | $11.6B |
| Long-Term Investments | $0 |
| Tax Assets | $12.1B |
| Other Non-Current Assets | $11.4B |
| TOTAL NON-CURRENT ASSETS | $110.9B |
| TOTAL ASSETS | $128.5B |
| Account Payables | $1.6B |
| Short-Term Debt | $9.7B |
| Deferred Revenue | $8.7B |
| Other Current Liabilities | $5.2B |
| TOTAL CURRENT LIABILITIES | $27.1B |
| Long-Term Debt | $81.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7.2B |
| Other Non-Current Liabilities | $16.8B |
| TOTAL NON-CURRENT LIABILITIES | $105.1B |
| TOTAL LIABILITIES | $132.2B |
| Common Stock | $28.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$30.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$4.2B |
| Minority Interest | $470M |
| TOTAL EQUITY | -$3.8B |
| TOTAL LIABILITIES & EQUITY | $128.5B |
| Total Debt | $90.9B |
| Net Debt | $84.1B |
