| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.2B | $4.2B | $4.0B | 23.6% | 27.8% |
| Op. Income | $452M | $328M | $4.0B | 37.8% | -88.8% |
| Gross Margin | 94.7% | 93.4% | 100.0% | 1.3pp | -5.3pp |
| Net Margin | 5.5% | 4.9% | -1.9% | 0.7pp | 7.4pp |
| EPS (Diluted) | $4.28 | $3.01 | $4.18 | 42.2% | 2.4% |
| Free Cash Flow | $992M | $237M | $828M | 318.6% | 19.8% |
| Item | Amount |
|---|---|
| REVENUE | $5.2B |
| Cost of Revenue | $274M |
| GROSS PROFIT | $4.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $622M |
| Operating Expenses | $622M |
| Cost & Expenses | $4.7B |
| OPERATING INCOME | $452M |
| Interest Income | $72M |
| Interest Expense | $72M |
| Other Income/Expenses | -$4.8B |
| 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 | -$2M |
| BOTTOM LINE NET INCOME | $289M |
| D&A | -$452M |
| EBIT | $452M |
| EBITDA | $0 |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $5.2B |
| Cost of Revenue | $274M |
| GROSS PROFIT | $4.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $622M |
| Operating Expenses | $622M |
| Cost & Expenses | $4.7B |
| OPERATING INCOME | $452M |
| Interest Income | $72M |
| Interest Expense | $72M |
| Other Income/Expenses | -$4.8B |
| 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 | -$2M |
| BOTTOM LINE NET INCOME | $289M |
| D&A | -$452M |
| EBIT | $452M |
| EBITDA | $0 |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $287M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $713M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $1.0B |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3.1B |
| Sales/Maturities of Investments | $3.0B |
| Other Investing Activities | $0 |
| 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 | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8.6B |
| PP&E (Net) | $62.8B |
| Goodwill | $0 |
| Intangible Assets | $4.3B |
| Long-Term Investments | $998M |
| Tax Assets | $1.6B |
| Other Non-Current Assets | $6.3B |
| TOTAL NON-CURRENT ASSETS | $76.0B |
| TOTAL ASSETS | $84.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$750M |
| TOTAL CURRENT LIABILITIES | -$2.1B |
| Long-Term Debt | $4.5B |
| Deferred Revenue NC | $67.7B |
| Deferred Tax Liabilities | $1.6B |
| Other Non-Current Liabilities | $72.5B |
| TOTAL NON-CURRENT LIABILITIES | $78.5B |
| TOTAL LIABILITIES | $76.5B |
| 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 | $84.6B |
| Total Debt | $4.5B |
| Net Debt | $1.6B |
