| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.3B | — | $8.1B | — | -10.2% |
| Op. Income | $747M | — | $857M | — | -12.8% |
| Gross Margin | 64.5% | — | 70.0% | — | -5.5pp |
| Net Margin | 8.2% | — | 8.5% | — | -0.2pp |
| EPS (Diluted) | $2.10 | — | $2.26 | — | -7.1% |
| Free Cash Flow | $880M | — | $1.2B | — | -24.8% |
| Item | Amount |
|---|---|
| REVENUE | $7.3B |
| Cost of Revenue | $2.6B |
| GROSS PROFIT | $4.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $3.9B |
| Operating Expenses | $3.9B |
| Cost & Expenses | $6.5B |
| OPERATING INCOME | $747M |
| Interest Income | $0 |
| Interest Expense | $71M |
| Other Income/Expenses | $100.0K |
| INCOME BEFORE TAX | $747M |
| Income Tax Expense | $149M |
| Net Income from Continuing Ops | $599M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$100.0K |
| NET INCOME | $599M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $599M |
| D&A | $0 |
| EBIT | $818M |
| EBITDA | $818M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $7.3B |
| Cost of Revenue | $2.6B |
| GROSS PROFIT | $4.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $3.9B |
| Operating Expenses | $3.9B |
| Cost & Expenses | $6.5B |
| OPERATING INCOME | $747M |
| Interest Income | $0 |
| Interest Expense | $71M |
| Other Income/Expenses | $100.0K |
| INCOME BEFORE TAX | $747M |
| Income Tax Expense | $149M |
| Net Income from Continuing Ops | $599M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$100.0K |
| NET INCOME | $599M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $599M |
| D&A | $0 |
| EBIT | $818M |
| EBITDA | $818M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $599M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $422M |
| Change in Working Capital | -$192M |
| OPERATING CASH FLOW | $880M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3.5B |
| Sales/Maturities of Investments | $3.5B |
| Other Investing Activities | $200.0K |
| NET CASH FROM INVESTING | $25M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$535M |
| Common Dividends Paid | -$276M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$783M |
| FREE CASH FLOW | $880M |
| Net Change in Cash | $122M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $203M |
| Short-Term Investments | $13.2B |
| Net Receivables | $7.4B |
| Inventory | $0 |
| Other Current Assets | -$21.5B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $15.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$15.8B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $26.5B |
| Account Payables | $0 |
| Short-Term Debt | $400M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$932M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $106M |
| Other Non-Current Liabilities | -$1.3B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $20.1B |
| Common Stock | $278M |
| Additional Paid-In Capital | $679M |
| Retained Earnings | $5.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$132M |
| Other Equity | -$58M |
| TOTAL STOCKHOLDERS' EQUITY | $6.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.4B |
| TOTAL LIABILITIES & EQUITY | $26.5B |
| Total Debt | $1.6B |
| Net Debt | $1.4B |
