| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.0B | $5.9B | $5.4B | 19.6% | 31.1% |
| Op. Income | $1.6B | $715M | $782M | 122.8% | 103.7% |
| Gross Margin | 22.6% | 12.1% | 14.6% | 10.5pp | 8.1pp |
| Net Margin | 13.1% | 6.0% | 9.6% | 7.1pp | 3.5pp |
| EPS (Diluted) | $0.43 | $0.16 | $0.24 | 168.8% | 79.2% |
| Free Cash Flow | -$2.1B | -$611M | -$1.2B | -249.6% | -83.5% |
| Item | Amount |
|---|---|
| REVENUE | $7.0B |
| Cost of Revenue | $5.4B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $5.4B |
| OPERATING INCOME | $1.6B |
| Interest Income | $197M |
| Interest Expense | $926M |
| Other Income/Expenses | -$1.1B |
| INCOME BEFORE TAX | $465M |
| Income Tax Expense | -$458M |
| Net Income from Continuing Ops | $923M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $923M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $919M |
| D&A | $967M |
| EBIT | $1.4B |
| EBITDA | $2.4B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7.0B |
| Cost of Revenue | $5.4B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $5.4B |
| OPERATING INCOME | $1.6B |
| Interest Income | $197M |
| Interest Expense | $926M |
| Other Income/Expenses | -$1.1B |
| INCOME BEFORE TAX | $465M |
| Income Tax Expense | -$458M |
| Net Income from Continuing Ops | $923M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $923M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $919M |
| D&A | $967M |
| EBIT | $1.4B |
| EBITDA | $2.4B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $923M |
| Depreciation & Amortization | $967M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$195M |
| Other Non-Cash Items | -$415M |
| Change in Working Capital | -$803M |
| OPERATING CASH FLOW | $477M |
| Capital Expenditure | -$2.6B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$950M |
| Sales/Maturities of Investments | $1.1B |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$2.5B |
| Net Debt Issuance | $1.9B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $57M |
| NET CASH FROM FINANCING | $1.9B |
| FREE CASH FLOW | -$2.1B |
| Net Change in Cash | -$30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $635M |
| Short-Term Investments | $0 |
| Net Receivables | $10.5B |
| Inventory | $870M |
| Other Current Assets | $2.4B |
| TOTAL CURRENT ASSETS | $14.4B |
| PP&E (Net) | $82.9B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $3.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $24.8B |
| TOTAL NON-CURRENT ASSETS | $111.3B |
| TOTAL ASSETS | $125.7B |
| Account Payables | $2.3B |
| Short-Term Debt | $5.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.1B |
| TOTAL CURRENT LIABILITIES | $17.3B |
| Long-Term Debt | $51.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.0B |
| Other Non-Current Liabilities | $29.1B |
| TOTAL NON-CURRENT LIABILITIES | $83.1B |
| TOTAL LIABILITIES | $100.4B |
| Common Stock | $30.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$5.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $25.0B |
| Minority Interest | $252M |
| TOTAL EQUITY | $25.3B |
| TOTAL LIABILITIES & EQUITY | $125.7B |
| Total Debt | $57.7B |
| Net Debt | $57.1B |
