| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.4B | $3.8B | $2.1B | -35.5% | 16.6% |
| Op. Income | $794M | $1.6B | $296M | -51.8% | 168.2% |
| Gross Margin | 44.3% | 51.4% | 27.0% | -7.1pp | 17.3pp |
| Net Margin | 24.4% | 34.3% | 6.3% | -9.9pp | 18.1pp |
| EPS (Diluted) | $1.18 | $2.57 | $0.26 | -54.1% | 353.8% |
| Free Cash Flow | -$133M | $1.1B | -$721M | -112.1% | 81.6% |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | -$29M |
| SG&A Expenses | -$29M |
| Other Expenses | $308M |
| Operating Expenses | $279M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $794M |
| Interest Income | $35M |
| Interest Expense | $185M |
| Other Income/Expenses | -$50M |
| INCOME BEFORE TAX | $744M |
| Income Tax Expense | $153M |
| Net Income from Continuing Ops | $591M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $591M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $591M |
| D&A | $325M |
| EBIT | $929M |
| EBITDA | $1.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | -$29M |
| SG&A Expenses | -$29M |
| Other Expenses | $308M |
| Operating Expenses | $279M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $794M |
| Interest Income | $35M |
| Interest Expense | $185M |
| Other Income/Expenses | -$50M |
| INCOME BEFORE TAX | $744M |
| Income Tax Expense | $153M |
| Net Income from Continuing Ops | $591M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $591M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $591M |
| D&A | $325M |
| EBIT | $929M |
| EBITDA | $1.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $591M |
| Depreciation & Amortization | $325M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $164M |
| Other Non-Cash Items | -$554M |
| Change in Working Capital | $46M |
| OPERATING CASH FLOW | $572M |
| Capital Expenditure | -$705M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $300M |
| NET CASH FROM INVESTING | -$405M |
| Net Debt Issuance | -$553M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$285M |
| Other Financing Activities | $14M |
| NET CASH FROM FINANCING | -$824M |
| FREE CASH FLOW | -$133M |
| Net Change in Cash | -$657M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $547M |
| Short-Term Investments | $0 |
| Net Receivables | $1.6B |
| Inventory | $845M |
| Other Current Assets | $486M |
| TOTAL CURRENT ASSETS | $3.9B |
| PP&E (Net) | $37.0B |
| Goodwill | $0 |
| Intangible Assets | $14M |
| Long-Term Investments | $2.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.7B |
| TOTAL NON-CURRENT ASSETS | $45.6B |
| TOTAL ASSETS | $49.5B |
| Account Payables | $1.1B |
| Short-Term Debt | $3.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.3B |
| TOTAL CURRENT LIABILITIES | $5.8B |
| Long-Term Debt | $16.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6.3B |
| Other Non-Current Liabilities | $5.8B |
| TOTAL NON-CURRENT LIABILITIES | $28.7B |
| TOTAL LIABILITIES | $34.5B |
| Common Stock | $5.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $11.9B |
| Treasury Stock | -$1.4B |
| Accum. Other Comp. Income | -$515M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $15.1B |
| TOTAL LIABILITIES & EQUITY | $49.5B |
| Total Debt | $19.8B |
| Net Debt | $19.3B |