| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.1B | $4.1B | — | 23.4% | — |
| Op. Income | $380M | $265M | — | 43.4% | — |
| Gross Margin | 13.1% | 14.0% | — | -0.9pp | — |
| Net Margin | 5.6% | 5.0% | — | 0.7pp | — |
| EPS (Diluted) | $4.29 | $3.05 | — | 40.7% | — |
| Free Cash Flow | $992M | $237M | — | 318.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $5.1B |
| Cost of Revenue | $4.4B |
| GROSS PROFIT | $670M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $290M |
| Operating Expenses | $290M |
| Cost & Expenses | $4.7B |
| OPERATING INCOME | $380M |
| Interest Income | $88M |
| Interest Expense | $72M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $380M |
| Income Tax Expense | $91M |
| Net Income from Continuing Ops | $289M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $287M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $287M |
| D&A | $0 |
| EBIT | $452M |
| EBITDA | $452M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $5.1B |
| Cost of Revenue | $4.4B |
| GROSS PROFIT | $670M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $290M |
| Operating Expenses | $290M |
| Cost & Expenses | $4.7B |
| OPERATING INCOME | $380M |
| Interest Income | $88M |
| Interest Expense | $72M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $380M |
| Income Tax Expense | $91M |
| Net Income from Continuing Ops | $289M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $287M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $287M |
| D&A | $0 |
| EBIT | $452M |
| EBITDA | $452M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $287M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $700M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $1.0B |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | -$21M |
| Purchases of Investments | -$2.8B |
| Sales/Maturities of Investments | $2.8B |
| Other Investing Activities | -$114M |
| NET CASH FROM INVESTING | -$104M |
| Net Debt Issuance | -$400M |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | -$56M |
| Other Financing Activities | -$133M |
| NET CASH FROM FINANCING | -$639M |
| FREE CASH FLOW | $992M |
| Net Change in Cash | $222M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.8B |
| Short-Term Investments | $0 |
| Net Receivables | $3.3B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.1B |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $72.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $9.1B |
| TOTAL NON-CURRENT ASSETS | $81.3B |
| TOTAL ASSETS | $87.4B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $4.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.6B |
| Other Non-Current Liabilities | $73.2B |
| TOTAL NON-CURRENT LIABILITIES | $79.3B |
| TOTAL LIABILITIES | $79.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.5B |
| Retained Earnings | $8.7B |
| Treasury Stock | -$1.9B |
| Accum. Other Comp. Income | -$1.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.1B |
| Minority Interest | $90M |
| TOTAL EQUITY | $8.2B |
| TOTAL LIABILITIES & EQUITY | $87.4B |
| Total Debt | $4.5B |
| Net Debt | $1.6B |
