| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15.5B | — | $13.7B | — | 13.0% |
| Op. Income | -$521M | — | -$770M | — | 32.3% |
| Gross Margin | 25.6% | — | 25.0% | — | 0.7pp |
| Net Margin | -4.0% | — | -3.7% | — | -0.3pp |
| EPS (Diluted) | $-3.19 | — | $-3.43 | — | 6.8% |
| Free Cash Flow | $788M | — | $25M | — | 3109.5% |
| Item | Amount |
|---|---|
| REVENUE | $15.5B |
| Cost of Revenue | $11.5B |
| GROSS PROFIT | $4.0B |
| R&D Expenses | $2.0B |
| Selling & Marketing | $1.8B |
| General & Administrative | $684M |
| SG&A Expenses | $2.5B |
| Other Expenses | $0 |
| Operating Expenses | $4.5B |
| Cost & Expenses | $16.0B |
| OPERATING INCOME | -$521M |
| Interest Income | $153M |
| Interest Expense | $44M |
| Other Income/Expenses | -$69M |
| INCOME BEFORE TAX | -$590M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | -$622M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$622M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$622M |
| D&A | $185M |
| EBIT | -$546M |
| EBITDA | -$361M |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$622M |
| Depreciation & Amortization | $185M |
| Stock-Based Compensation | $375M |
| Deferred Income Tax | $32M |
| Other Non-Cash Items | $283M |
| Change in Working Capital | $542M |
| OPERATING CASH FLOW | $795M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | -$8M |
| Purchases of Investments | -$1.9B |
| Sales/Maturities of Investments | $1.6B |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | -$254M |
| Net Debt Issuance | -$77M |
| Common Stock Repurchased | -$80M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $430M |
| NET CASH FROM FINANCING | $274M |
| FREE CASH FLOW | $788M |
| Net Change in Cash | $738M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.7B |
| Short-Term Investments | $1.3B |
| Net Receivables | $1.0B |
| Inventory | $0 |
| Other Current Assets | $197M |
| TOTAL CURRENT ASSETS | $6.2B |
| PP&E (Net) | $642M |
| Goodwill | $1.3B |
| Intangible Assets | $99M |
| Long-Term Investments | $1.5B |
| Tax Assets | $33M |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $3.6B |
| TOTAL ASSETS | $9.8B |
| Account Payables | $777M |
| Short-Term Debt | $0 |
| Deferred Revenue | $730M |
| Other Current Liabilities | $3.0B |
| TOTAL CURRENT LIABILITIES | $4.8B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $34M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $6.8B |
| Common Stock | $0 |
| Additional Paid-In Capital | $6.0B |
| Retained Earnings | -$4.9B |
| Treasury Stock | -$307M |
| Accum. Other Comp. Income | $2.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $9.8B |
| Total Debt | $2.0B |
| Net Debt | -$1.7B |
