| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.7B | — | 7.6% | — |
| Op. Income | $680M | $418M | — | 62.8% | — |
| Gross Margin | 34.5% | 28.8% | — | 5.7pp | — |
| Net Margin | 28.3% | 15.1% | — | 13.2pp | — |
| EPS (Diluted) | $0.88 | $0.42 | — | 112.3% | — |
| Free Cash Flow | $514M | $347M | — | 48.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $621M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $104M |
| SG&A Expenses | $104M |
| Other Expenses | -$163M |
| Operating Expenses | -$59M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $680M |
| Interest Income | $0 |
| Interest Expense | $86M |
| Other Income/Expenses | -$85M |
| INCOME BEFORE TAX | $596M |
| Income Tax Expense | $86M |
| NET INCOME | $510M |
| D&A | $130M |
| EBIT | $681M |
| EBITDA | $811M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $621M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $104M |
| SG&A Expenses | $104M |
| Other Expenses | -$163M |
| Operating Expenses | -$59M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $680M |
| Interest Income | $0 |
| Interest Expense | $86M |
| Other Income/Expenses | -$85M |
| INCOME BEFORE TAX | $596M |
| Income Tax Expense | $86M |
| NET INCOME | $510M |
| D&A | $130M |
| EBIT | $681M |
| EBITDA | $811M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $510M |
| Depreciation & Amortization | $130M |
| Stock-Based Compensation | $34M |
| Deferred Income Tax | $86M |
| Other Non-Cash Items | -$156M |
| Change in Working Capital | $39M |
| OPERATING CASH FLOW | $643M |
| Capital Expenditure | -$129M |
| Acquisitions (Net) | -$121M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$730.8K |
| NET CASH FROM INVESTING | -$251M |
| Net Debt Issuance | -$64M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$268M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$354M |
| FREE CASH FLOW | $514M |
| Net Change in Cash | $38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $100M |
| Short-Term Investments | $0 |
| Net Receivables | $510M |
| Inventory | $243M |
| Other Current Assets | $1.1B |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $11.9B |
| Goodwill | $3.3B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $5.1B |
| Tax Assets | $208M |
| Other Non-Current Assets | $239M |
| TOTAL NON-CURRENT ASSETS | $21.9B |
| TOTAL ASSETS | $23.8B |
| Account Payables | $406M |
| Short-Term Debt | $475M |
| Deferred Revenue | $24M |
| Other Current Liabilities | $1.4B |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $7.2B |
| Deferred Revenue NC | $92M |
| Deferred Tax Liabilities | $1.9B |
| Other Non-Current Liabilities | $306M |
| TOTAL NON-CURRENT LIABILITIES | $9.9B |
| TOTAL LIABILITIES | $12.3B |
| Common Stock | $11.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$1.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $162M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $11.6B |
| TOTAL LIABILITIES & EQUITY | $23.8B |
| Total Debt | $8.1B |
| Net Debt | $8.0B |
