| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $19.5B | $19.3B | $10.0B | 0.7% | 94.8% |
| Op. Income | $3.2B | $3.8B | $3.9B | -15.1% | -16.3% |
| Gross Margin | 44.4% | 48.4% | 84.3% | -4.0pp | -39.9pp |
| Net Margin | 13.8% | 11.8% | 31.1% | 2.0pp | -17.3pp |
| EPS (Diluted) | $1.89 | $1.63 | $2.16 | 15.7% | -12.8% |
| Free Cash Flow | $7.0B | $12.5B | $134M | -44.1% | 5117.4% |
| Item | Amount |
|---|---|
| REVENUE | $19.5B |
| Cost of Revenue | $10.8B |
| GROSS PROFIT | $8.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3.3B |
| SG&A Expenses | $3.3B |
| Other Expenses | $2.1B |
| Operating Expenses | $5.4B |
| Cost & Expenses | $16.2B |
| OPERATING INCOME | $3.2B |
| Interest Income | $14.8B |
| Interest Expense | $10.4B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3.2B |
| Income Tax Expense | $559M |
| Net Income from Continuing Ops | $2.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.6B |
| D&A | $517M |
| EBIT | $3.2B |
| EBITDA | $3.8B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $19.5B |
| Cost of Revenue | $10.8B |
| GROSS PROFIT | $8.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3.3B |
| SG&A Expenses | $3.3B |
| Other Expenses | $2.1B |
| Operating Expenses | $5.4B |
| Cost & Expenses | $16.2B |
| OPERATING INCOME | $3.2B |
| Interest Income | $14.8B |
| Interest Expense | $10.4B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3.2B |
| Income Tax Expense | $559M |
| Net Income from Continuing Ops | $2.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.6B |
| D&A | $517M |
| EBIT | $3.2B |
| EBITDA | $3.8B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $2.7B |
| Depreciation & Amortization | $517M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$70M |
| Other Non-Cash Items | $349M |
| Change in Working Capital | $4.0B |
| OPERATING CASH FLOW | $7.5B |
| Capital Expenditure | -$516M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$35.3B |
| Sales/Maturities of Investments | $31.4B |
| Other Investing Activities | $8.5B |
| NET CASH FROM INVESTING | $4.0B |
| Net Debt Issuance | -$1.7B |
| Common Stock Repurchased | -$876M |
| Common Dividends Paid | -$915M |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$2.4B |
| FREE CASH FLOW | $7.0B |
| Net Change in Cash | $9.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $132.3B |
| Short-Term Investments | $129.1B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $261.4B |
| PP&E (Net) | $5.1B |
| Goodwill | $9.1B |
| Intangible Assets | $4.4B |
| Long-Term Investments | $758.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $382.5B |
| TOTAL NON-CURRENT ASSETS | $1.2T |
| TOTAL ASSETS | $1.4T |
| Account Payables | $0 |
| Short-Term Debt | $295.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $591.3B |
| TOTAL CURRENT LIABILITIES | $886.3B |
| Long-Term Debt | $245.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $204.4B |
| TOTAL NON-CURRENT LIABILITIES | $450.3B |
| TOTAL LIABILITIES | $1.3T |
| Common Stock | $13.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $58.7B |
| Treasury Stock | -$96M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $4.2B |
| TOTAL STOCKHOLDERS' EQUITY | $81.3B |
| Minority Interest | $72M |
| TOTAL EQUITY | $81.4B |
| TOTAL LIABILITIES & EQUITY | $1.4T |
| Total Debt | $540.9B |
| Net Debt | $408.5B |
