| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16.8B | — | $15.6B | — | 8.1% |
| Op. Income | $4.6B | — | $4.1B | — | 12.4% |
| Gross Margin | 75.8% | — | -4.9% | — | 80.8pp |
| Net Margin | 20.4% | — | 17.2% | — | 3.2pp |
| EPS (Diluted) | $0.20 | — | $0.15 | — | 30.8% |
| Free Cash Flow | $5.1B | — | $1.8B | — | 193.4% |
| Item | Amount |
|---|---|
| REVENUE | $16.8B |
| Cost of Revenue | $4.1B |
| GROSS PROFIT | $12.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $171M |
| General & Administrative | $6.1B |
| SG&A Expenses | $6.3B |
| Other Expenses | $1.9B |
| Operating Expenses | $8.2B |
| Cost & Expenses | $12.3B |
| OPERATING INCOME | $4.6B |
| Interest Income | $13.0B |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4.6B |
| Income Tax Expense | $846M |
| Net Income from Continuing Ops | $3.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.4B |
| D&A | $911M |
| EBIT | $4.6B |
| EBITDA | $5.5B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $16.8B |
| Cost of Revenue | $4.1B |
| GROSS PROFIT | $12.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $171M |
| General & Administrative | $6.1B |
| SG&A Expenses | $6.3B |
| Other Expenses | $1.9B |
| Operating Expenses | $8.2B |
| Cost & Expenses | $12.3B |
| OPERATING INCOME | $4.6B |
| Interest Income | $13.0B |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4.6B |
| Income Tax Expense | $846M |
| Net Income from Continuing Ops | $3.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.4B |
| D&A | $911M |
| EBIT | $4.6B |
| EBITDA | $5.5B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3.4B |
| Depreciation & Amortization | $911M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $34.9B |
| Change in Working Capital | -$29.0B |
| OPERATING CASH FLOW | $10.3B |
| Capital Expenditure | -$5.1B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2.2B |
| NET CASH FROM INVESTING | -$2.2B |
| Net Debt Issuance | $1.7B |
| Common Stock Repurchased | -$1.4B |
| Common Dividends Paid | -$1.5B |
| Other Financing Activities | -$357M |
| NET CASH FROM FINANCING | -$1.6B |
| FREE CASH FLOW | $5.1B |
| Net Change in Cash | $3.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $288.7B |
| Short-Term Investments | $25.2B |
| Net Receivables | $12.4B |
| Inventory | $0 |
| Other Current Assets | $161.1B |
| TOTAL CURRENT ASSETS | $487.4B |
| PP&E (Net) | $38.5B |
| Goodwill | $16.4B |
| Intangible Assets | $6.8B |
| Long-Term Investments | $317.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.8T |
| TOTAL NON-CURRENT ASSETS | $2.2T |
| TOTAL ASSETS | $2.1T |
| Account Payables | $3.9B |
| Short-Term Debt | $54.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $82.7B |
| Long-Term Debt | $306.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.7T |
| TOTAL NON-CURRENT LIABILITIES | $2.0T |
| TOTAL LIABILITIES | $2.0T |
| Common Stock | $9.5B |
| Additional Paid-In Capital | $51.9B |
| Retained Earnings | $99.6B |
| Treasury Stock | -$1.3B |
| Accum. Other Comp. Income | -$49.2B |
| Other Equity | $1.1B |
| TOTAL STOCKHOLDERS' EQUITY | $111.6B |
| Minority Interest | $10.3B |
| TOTAL EQUITY | $121.9B |
| TOTAL LIABILITIES & EQUITY | $2.1T |
| Total Debt | $363.6B |
| Net Debt | $74.9B |
