| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13.1B | — | $12.2B | — | 7.8% |
| Op. Income | $4.3B | — | $5.4B | — | -19.3% |
| Gross Margin | 82.9% | — | 86.0% | — | -3.1pp |
| Net Margin | 30.1% | — | 35.6% | — | -5.5pp |
| EPS (Diluted) | $34.77 | — | $38.22 | — | -9.0% |
| Free Cash Flow | $3.7B | — | $4.4B | — | -17.1% |
| Item | Amount |
|---|---|
| REVENUE | $13.1B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $10.9B |
| R&D Expenses | $4.0B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.5B |
| Other Expenses | -$2M |
| Operating Expenses | $6.5B |
| Cost & Expenses | $8.8B |
| OPERATING INCOME | $4.3B |
| Interest Income | $496M |
| Interest Expense | $73M |
| Other Income/Expenses | -$149M |
| INCOME BEFORE TAX | $4.2B |
| Income Tax Expense | $246M |
| Net Income from Continuing Ops | $4.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.0B |
| D&A | $421M |
| EBIT | $4.3B |
| EBITDA | $4.7B |
| EPS | $37 |
| EPS Diluted | $35 |
| Item | Amount |
|---|---|
| REVENUE | $13.1B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $10.9B |
| R&D Expenses | $4.0B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.5B |
| Other Expenses | -$2M |
| Operating Expenses | $6.5B |
| Cost & Expenses | $8.8B |
| OPERATING INCOME | $4.3B |
| Interest Income | $496M |
| Interest Expense | $73M |
| Other Income/Expenses | -$149M |
| INCOME BEFORE TAX | $4.2B |
| Income Tax Expense | $246M |
| Net Income from Continuing Ops | $4.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.0B |
| D&A | $421M |
| EBIT | $4.3B |
| EBITDA | $4.7B |
| EPS | $37 |
| EPS Diluted | $35 |
| Item | Amount |
|---|---|
| Net Income | $4.0B |
| Depreciation & Amortization | $421M |
| Stock-Based Compensation | $885M |
| Deferred Income Tax | -$838M |
| Other Non-Cash Items | $266M |
| Change in Working Capital | -$94M |
| OPERATING CASH FLOW | $4.6B |
| Capital Expenditure | -$926M |
| Acquisitions (Net) | -$55M |
| Purchases of Investments | -$11.6B |
| Sales/Maturities of Investments | $9.4B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3.2B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2.9B |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1.8B |
| FREE CASH FLOW | $3.7B |
| Net Change in Cash | -$382M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.7B |
| Short-Term Investments | $8.1B |
| Net Receivables | $5.7B |
| Inventory | $2.6B |
| Other Current Assets | $387M |
| TOTAL CURRENT ASSETS | $19.5B |
| PP&E (Net) | $4.1B |
| Goodwill | $0 |
| Intangible Assets | $1.0B |
| Long-Term Investments | $5.4B |
| Tax Assets | $2.6B |
| Other Non-Current Assets | $444M |
| TOTAL NON-CURRENT ASSETS | $13.6B |
| TOTAL ASSETS | $33.1B |
| Account Payables | $607M |
| Short-Term Debt | $0 |
| Deferred Revenue | $459M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.4B |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $127M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $854M |
| TOTAL NON-CURRENT LIABILITIES | $3.7B |
| TOTAL LIABILITIES | $7.1B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $11.4B |
| Retained Earnings | $27.3B |
| Treasury Stock | -$12.6B |
| Accum. Other Comp. Income | -$81M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $26.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $26.0B |
| TOTAL LIABILITIES & EQUITY | $33.1B |
| Total Debt | $2.7B |
| Net Debt | -$27M |
