| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $849M | $856M | $608M | -0.9% | 39.7% |
| Op. Income | $94M | $51M | -$36M | 84.2% | 361.3% |
| Gross Margin | 68.2% | 68.7% | 76.3% | -0.6pp | -8.2pp |
| Net Margin | 10.4% | 5.6% | -5.7% | 4.8pp | 16.0pp |
| EPS (Diluted) | $0.02 | $0.04 | $-0.05 | -41.0% | 143.2% |
| Free Cash Flow | $704M | -$285M | -$2.2B | 347.4% | 131.4% |
| Item | Amount |
|---|---|
| REVENUE | $849M |
| Cost of Revenue | $270M |
| GROSS PROFIT | $579M |
| R&D Expenses | $131M |
| Selling & Marketing | $167M |
| General & Administrative | $145M |
| SG&A Expenses | $313M |
| Other Expenses | $41M |
| Operating Expenses | $484M |
| Cost & Expenses | $755M |
| OPERATING INCOME | $94M |
| Interest Income | $666M |
| Interest Expense | $263M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $94M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $88M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $88M |
| Net Income Deductions | -$10M |
| BOTTOM LINE NET INCOME | $88M |
| D&A | $49M |
| EBIT | $94M |
| EBITDA | $143M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $849M |
| Cost of Revenue | $270M |
| GROSS PROFIT | $579M |
| R&D Expenses | $131M |
| Selling & Marketing | $167M |
| General & Administrative | $145M |
| SG&A Expenses | $313M |
| Other Expenses | $41M |
| Operating Expenses | $484M |
| Cost & Expenses | $755M |
| OPERATING INCOME | $94M |
| Interest Income | $666M |
| Interest Expense | $263M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $94M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $88M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $88M |
| Net Income Deductions | -$10M |
| BOTTOM LINE NET INCOME | $88M |
| D&A | $49M |
| EBIT | $94M |
| EBITDA | $143M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $88M |
| Depreciation & Amortization | $49M |
| Stock-Based Compensation | $55M |
| Deferred Income Tax | -$967.0K |
| Other Non-Cash Items | -$81M |
| Change in Working Capital | $629M |
| OPERATING CASH FLOW | $738M |
| Capital Expenditure | -$34M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$380M |
| Sales/Maturities of Investments | $143M |
| Other Investing Activities | -$993M |
| NET CASH FROM INVESTING | -$1.3B |
| Net Debt Issuance | -$1.8B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2.8B |
| NET CASH FROM FINANCING | $1.1B |
| FREE CASH FLOW | $704M |
| Net Change in Cash | $532M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.7B |
| Short-Term Investments | $839M |
| Net Receivables | $66M |
| Inventory | $0 |
| Other Current Assets | -$66M |
| TOTAL CURRENT ASSETS | $4.5B |
| PP&E (Net) | $315M |
| Goodwill | $1.4B |
| Intangible Assets | $588M |
| Long-Term Investments | $23.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $26.8B |
| TOTAL ASSETS | $31.3B |
| Account Payables | $554M |
| Short-Term Debt | $486M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $21.6B |
| TOTAL CURRENT LIABILITIES | $22.6B |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2.5B |
| TOTAL LIABILITIES | $25.2B |
| Common Stock | $105.0K |
| Additional Paid-In Capital | $7.5B |
| Retained Earnings | -$1.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.1B |
| TOTAL LIABILITIES & EQUITY | $31.3B |
| Total Debt | $3.0B |
| Net Debt | -$692M |
