| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13.0B | $18.5B | $27.7B | -29.6% | -53.1% |
| Op. Income | $2.4B | $6.7B | $12.9B | -64.8% | -81.8% |
| Gross Margin | 64.7% | 67.8% | 67.3% | -3.1pp | -2.6pp |
| Net Margin | 17.9% | 30.0% | 35.6% | -12.1pp | -17.7pp |
| EPS (Diluted) | $0.41 | $0.97 | $1.73 | -57.9% | -76.4% |
| Free Cash Flow | -$2.1B | $74M | $7.4B | -2968.9% | -128.6% |
| Item | Amount |
|---|---|
| REVENUE | $13.0B |
| Cost of Revenue | $4.6B |
| GROSS PROFIT | $8.4B |
| R&D Expenses | $2.6B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.4B |
| Other Expenses | $0 |
| Operating Expenses | $6.1B |
| Cost & Expenses | $10.7B |
| OPERATING INCOME | $2.4B |
| Interest Income | $316M |
| Interest Expense | $508M |
| Other Income/Expenses | -$82M |
| INCOME BEFORE TAX | $2.3B |
| Income Tax Expense | -$71M |
| Net Income from Continuing Ops | $2.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.3B |
| D&A | $1.6B |
| EBIT | $2.8B |
| EBITDA | $4.4B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $13.0B |
| Cost of Revenue | $4.6B |
| GROSS PROFIT | $8.4B |
| R&D Expenses | $2.6B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.4B |
| Other Expenses | $0 |
| Operating Expenses | $6.1B |
| Cost & Expenses | $10.7B |
| OPERATING INCOME | $2.4B |
| Interest Income | $316M |
| Interest Expense | $508M |
| Other Income/Expenses | -$82M |
| INCOME BEFORE TAX | $2.3B |
| Income Tax Expense | -$71M |
| Net Income from Continuing Ops | $2.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.3B |
| D&A | $1.6B |
| EBIT | $2.8B |
| EBITDA | $4.4B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2.3B |
| Depreciation & Amortization | $1.6B |
| Stock-Based Compensation | $148M |
| Deferred Income Tax | -$873M |
| Other Non-Cash Items | -$470M |
| Change in Working Capital | -$3.9B |
| OPERATING CASH FLOW | -$1.2B |
| Capital Expenditure | -$914M |
| Acquisitions (Net) | -$25M |
| Purchases of Investments | -$14.4B |
| Sales/Maturities of Investments | -$9.6B |
| Other Investing Activities | -$524M |
| NET CASH FROM INVESTING | -$25.5B |
| Net Debt Issuance | $29.6B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2.3B |
| Other Financing Activities | -$141M |
| NET CASH FROM FINANCING | $27.2B |
| FREE CASH FLOW | -$2.1B |
| Net Change in Cash | $476M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.6B |
| Short-Term Investments | $42.2B |
| Net Receivables | $13.4B |
| Inventory | $10.3B |
| Other Current Assets | $4.8B |
| TOTAL CURRENT ASSETS | $73.3B |
| PP&E (Net) | $17.5B |
| Goodwill | $51.6B |
| Intangible Assets | $41.4B |
| Long-Term Investments | $15.1B |
| Tax Assets | $8.3B |
| Other Non-Current Assets | $12.7B |
| TOTAL NON-CURRENT ASSETS | $146.8B |
| TOTAL ASSETS | $220.2B |
| Account Payables | $6.1B |
| Short-Term Debt | $4.0B |
| Deferred Revenue | $1.3B |
| Other Current Liabilities | $18.1B |
| TOTAL CURRENT LIABILITIES | $34.6B |
| Long-Term Debt | $61.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.2B |
| Other Non-Current Liabilities | $23.6B |
| TOTAL NON-CURRENT LIABILITIES | $86.2B |
| TOTAL LIABILITIES | $120.9B |
| Common Stock | $478M |
| Additional Paid-In Capital | $92.3B |
| Retained Earnings | $128.8B |
| Treasury Stock | -$114.5B |
| Accum. Other Comp. Income | -$8.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $99.0B |
| Minority Interest | $274M |
| TOTAL EQUITY | $99.3B |
| TOTAL LIABILITIES & EQUITY | $220.2B |
| Total Debt | $65.3B |
| Net Debt | $62.7B |
