| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24.1B | $22.8B | $19.3B | 5.8% | 24.8% |
| Op. Income | $3.2B | $3.0B | $3.8B | 6.8% | -17.0% |
| Gross Margin | 39.2% | 40.1% | 48.4% | -1.0pp | -9.2pp |
| Net Margin | 10.8% | 13.2% | 11.8% | -2.4pp | -1.0pp |
| EPS (Diluted) | $1.83 | $2.12 | $1.63 | -13.8% | 12.1% |
| Free Cash Flow | -$1.6B | -$8.7B | $12.5B | 82.1% | -112.4% |
| Item | Amount |
|---|---|
| REVENUE | $24.1B |
| Cost of Revenue | $14.7B |
| GROSS PROFIT | $9.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3.8B |
| SG&A Expenses | $3.8B |
| Other Expenses | $2.5B |
| Operating Expenses | $6.3B |
| Cost & Expenses | $21.0B |
| OPERATING INCOME | $3.2B |
| Interest Income | $18.7B |
| Interest Expense | $14.1B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3.2B |
| Income Tax Expense | $560M |
| Net Income from Continuing Ops | $2.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.6B |
| D&A | $493M |
| EBIT | $3.2B |
| EBITDA | $3.7B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $24.1B |
| Cost of Revenue | $14.7B |
| GROSS PROFIT | $9.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3.8B |
| SG&A Expenses | $3.8B |
| Other Expenses | $2.5B |
| Operating Expenses | $6.3B |
| Cost & Expenses | $21.0B |
| OPERATING INCOME | $3.2B |
| Interest Income | $18.7B |
| Interest Expense | $14.1B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3.2B |
| Income Tax Expense | $560M |
| Net Income from Continuing Ops | $2.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.6B |
| D&A | $493M |
| EBIT | $3.2B |
| EBITDA | $3.7B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $2.6B |
| Depreciation & Amortization | $493M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$443M |
| Other Non-Cash Items | $531M |
| Change in Working Capital | -$4.4B |
| OPERATING CASH FLOW | -$1.2B |
| Capital Expenditure | -$352M |
| Acquisitions (Net) | $7M |
| Purchases of Investments | -$44.5B |
| Sales/Maturities of Investments | $47.9B |
| Other Investing Activities | $7.3B |
| NET CASH FROM INVESTING | $10.3B |
| Net Debt Issuance | $278M |
| Common Stock Repurchased | -$894M |
| Common Dividends Paid | -$906M |
| Other Financing Activities | -$730.8K |
| NET CASH FROM FINANCING | $26M |
| FREE CASH FLOW | -$1.6B |
| Net Change in Cash | $9.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $99.0B |
| Short-Term Investments | $174.4B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $273.3B |
| PP&E (Net) | $4.8B |
| Goodwill | $9.1B |
| Intangible Assets | $4.2B |
| Long-Term Investments | $774.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $381.1B |
| TOTAL NON-CURRENT ASSETS | $1.2T |
| TOTAL ASSETS | $1.4T |
| Account Payables | $0 |
| Short-Term Debt | $336.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $617.7B |
| TOTAL CURRENT LIABILITIES | $953.7B |
| Long-Term Debt | $231.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $172.3B |
| TOTAL NON-CURRENT LIABILITIES | $404.0B |
| TOTAL LIABILITIES | $1.4T |
| Common Stock | $14.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $60.0B |
| Treasury Stock | -$75M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $4.6B |
| TOTAL STOCKHOLDERS' EQUITY | $85.1B |
| Minority Interest | $71M |
| TOTAL EQUITY | $85.1B |
| TOTAL LIABILITIES & EQUITY | $1.4T |
| Total Debt | $567.8B |
| Net Debt | $468.8B |
