| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19.3B | $15.5B | $11.1B | 25.1% | 74.7% |
| Op. Income | $3.8B | $3.6B | $3.9B | 7.7% | -2.7% |
| Gross Margin | 48.4% | 57.5% | 85.4% | -9.1pp | -37.0pp |
| Net Margin | 11.8% | 18.3% | 27.0% | -6.5pp | -15.2pp |
| EPS (Diluted) | $1.63 | $2.00 | $2.08 | -18.6% | -21.5% |
| Free Cash Flow | $12.5B | -$818M | $5.7B | 1632.2% | 118.8% |
| Item | Amount |
|---|---|
| REVENUE | $19.3B |
| Cost of Revenue | $10.0B |
| GROSS PROFIT | $9.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3.5B |
| SG&A Expenses | $3.5B |
| Other Expenses | $2.0B |
| Operating Expenses | $5.5B |
| Cost & Expenses | $15.5B |
| OPERATING INCOME | $3.8B |
| Interest Income | $14.1B |
| Interest Expense | $9.6B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3.8B |
| Income Tax Expense | $1.5B |
| 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 | $503M |
| EBIT | $3.8B |
| EBITDA | $4.3B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $19.3B |
| Cost of Revenue | $10.0B |
| GROSS PROFIT | $9.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3.5B |
| SG&A Expenses | $3.5B |
| Other Expenses | $2.0B |
| Operating Expenses | $5.5B |
| Cost & Expenses | $15.5B |
| OPERATING INCOME | $3.8B |
| Interest Income | $14.1B |
| Interest Expense | $9.6B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3.8B |
| Income Tax Expense | $1.5B |
| 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 | $503M |
| EBIT | $3.8B |
| EBITDA | $4.3B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $2.3B |
| Depreciation & Amortization | $503M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$191M |
| Other Non-Cash Items | $329M |
| Change in Working Capital | $10.1B |
| OPERATING CASH FLOW | $13.1B |
| Capital Expenditure | -$510M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$29.6B |
| Sales/Maturities of Investments | $25.1B |
| Other Investing Activities | -$2.7B |
| NET CASH FROM INVESTING | -$7.7B |
| Net Debt Issuance | $4.2B |
| Common Stock Repurchased | -$774M |
| Common Dividends Paid | -$1.3B |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $2.8B |
| FREE CASH FLOW | $12.5B |
| Net Change in Cash | $10.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $131.4B |
| Short-Term Investments | $129.8B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $261.2B |
| PP&E (Net) | $5.1B |
| Goodwill | $8.9B |
| Intangible Assets | $4.4B |
| Long-Term Investments | $756.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $379.6B |
| TOTAL NON-CURRENT ASSETS | $1.2T |
| TOTAL ASSETS | $1.4T |
| Account Payables | $0 |
| Short-Term Debt | $302.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $600.6B |
| TOTAL CURRENT LIABILITIES | $903.2B |
| Long-Term Debt | $223.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $207.7B |
| TOTAL NON-CURRENT LIABILITIES | $430.7B |
| TOTAL LIABILITIES | $1.3T |
| Common Stock | $12.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $57.3B |
| Treasury Stock | -$277M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $3.7B |
| TOTAL STOCKHOLDERS' EQUITY | $78.7B |
| Minority Interest | $75M |
| TOTAL EQUITY | $78.8B |
| TOTAL LIABILITIES & EQUITY | $1.4T |
| Total Debt | $525.5B |
| Net Debt | $394.1B |
