| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.4B | $4.9B | — | 29.3% | — |
| Op. Income | $272M | $164M | — | 65.9% | — |
| Gross Margin | 10.3% | 8.9% | — | 1.3pp | — |
| Net Margin | 3.3% | 3.2% | — | 0.1pp | — |
| EPS (Diluted) | $3.16 | $2.37 | — | 33.3% | — |
| Free Cash Flow | $5.7B | $1.2B | — | 360.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $6.4B |
| Cost of Revenue | $5.7B |
| GROSS PROFIT | $653M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $381M |
| Operating Expenses | $381M |
| Cost & Expenses | $6.1B |
| OPERATING INCOME | $272M |
| Interest Income | $89M |
| Interest Expense | $68M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $272M |
| Income Tax Expense | $60M |
| Net Income from Continuing Ops | $212M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $210M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $210M |
| D&A | $0 |
| EBIT | $340M |
| EBITDA | $340M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $6.4B |
| Cost of Revenue | $5.7B |
| GROSS PROFIT | $653M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $381M |
| Operating Expenses | $381M |
| Cost & Expenses | $6.1B |
| OPERATING INCOME | $272M |
| Interest Income | $89M |
| Interest Expense | $68M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $272M |
| Income Tax Expense | $60M |
| Net Income from Continuing Ops | $212M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $210M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $210M |
| D&A | $0 |
| EBIT | $340M |
| EBITDA | $340M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $210M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5.5B |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $5.7B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | -$63M |
| Purchases of Investments | -$9.7B |
| Sales/Maturities of Investments | $6.1B |
| Other Investing Activities | -$79M |
| NET CASH FROM INVESTING | -$3.7B |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$16M |
| Common Dividends Paid | -$56M |
| Other Financing Activities | $1.1B |
| NET CASH FROM FINANCING | $1.0B |
| FREE CASH FLOW | $5.7B |
| Net Change in Cash | $3.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.9B |
| Short-Term Investments | $0 |
| Net Receivables | $3.3B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $9.3B |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $84.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $12.2B |
| TOTAL NON-CURRENT ASSETS | $96.7B |
| TOTAL ASSETS | $106.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $4.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.9B |
| Other Non-Current Liabilities | $90.1B |
| TOTAL NON-CURRENT LIABILITIES | $96.4B |
| TOTAL LIABILITIES | $96.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.5B |
| Retained Earnings | $8.9B |
| Treasury Stock | -$1.9B |
| Accum. Other Comp. Income | -$125M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.5B |
| Minority Interest | $90M |
| TOTAL EQUITY | $9.6B |
| TOTAL LIABILITIES & EQUITY | $106.0B |
| Total Debt | $4.4B |
| Net Debt | -$1.5B |
