| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.6B | $2.3B | $2.8B | 13.3% | -6.9% |
| Op. Income | $1.2B | $869M | $1.4B | 37.0% | -12.1% |
| Gross Margin | 46.9% | 39.3% | 49.5% | 7.7pp | -2.6pp |
| Net Margin | 28.3% | 19.4% | 29.1% | 8.9pp | -0.8pp |
| EPS (Diluted) | $0.95 | $0.58 | $1.05 | 63.8% | -9.5% |
| Free Cash Flow | $446M | $286M | $947M | 56.1% | -52.9% |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $31M |
| Other Expenses | $0 |
| Operating Expenses | $31M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $1.2B |
| Interest Income | $27M |
| Interest Expense | $81M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $423M |
| Net Income from Continuing Ops | $739M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $736M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $736M |
| D&A | $209M |
| EBIT | $1.2B |
| EBITDA | $1.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $31M |
| Other Expenses | $0 |
| Operating Expenses | $31M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $1.2B |
| Interest Income | $27M |
| Interest Expense | $81M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $1.2B |
| Income Tax Expense | $423M |
| Net Income from Continuing Ops | $739M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $736M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $736M |
| D&A | $209M |
| EBIT | $1.2B |
| EBITDA | $1.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $736M |
| Depreciation & Amortization | $209M |
| Stock-Based Compensation | $400.0K |
| Deferred Income Tax | $19M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$311M |
| OPERATING CASH FLOW | $660M |
| Capital Expenditure | -$214M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $270M |
| Sales/Maturities of Investments | $270M |
| Other Investing Activities | -$270M |
| NET CASH FROM INVESTING | $56M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$619M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$620M |
| FREE CASH FLOW | $446M |
| Net Change in Cash | $101M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $329M |
| Net Receivables | $1.4B |
| Inventory | $1.0B |
| Other Current Assets | $39M |
| TOTAL CURRENT ASSETS | $4.4B |
| PP&E (Net) | $10.5B |
| Goodwill | $0 |
| Intangible Assets | $129M |
| Long-Term Investments | $114M |
| Tax Assets | $253M |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $12.3B |
| TOTAL ASSETS | $16.8B |
| Account Payables | $749M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $6.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $150M |
| Other Non-Current Liabilities | $758M |
| TOTAL NON-CURRENT LIABILITIES | $7.8B |
| TOTAL LIABILITIES | $9.2B |
| Common Stock | $9M |
| Additional Paid-In Capital | $3.5B |
| Retained Earnings | $7.2B |
| Treasury Stock | -$3.2B |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.5B |
| Minority Interest | $64M |
| TOTAL EQUITY | $7.6B |
| TOTAL LIABILITIES & EQUITY | $16.8B |
| Total Debt | $7.0B |
| Net Debt | $5.8B |
