| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.0B | $9.4B | $8.7B | -3.3% | 3.9% |
| Op. Income | $3.0B | $2.8B | $2.9B | 8.2% | 3.2% |
| Gross Margin | 61.5% | 56.3% | 62.6% | 5.2pp | -1.1pp |
| Net Margin | 13.0% | 22.0% | 17.2% | -9.0pp | -4.2pp |
| EPS (Diluted) | $0.91 | $1.59 | $1.13 | -42.7% | -18.8% |
| Free Cash Flow | $1.1B | $2.0B | -$65M | -46.6% | 1758.4% |
| Item | Amount |
|---|---|
| REVENUE | $9.0B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $5.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.6B |
| Other Expenses | $0 |
| Operating Expenses | $2.6B |
| Cost & Expenses | $6.0B |
| OPERATING INCOME | $3.0B |
| Interest Income | $0 |
| Interest Expense | $132M |
| Other Income/Expenses | -$1.4B |
| INCOME BEFORE TAX | $1.6B |
| Income Tax Expense | $446M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $1.3B |
| EBIT | $1.7B |
| EBITDA | $3.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $9.0B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $5.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.6B |
| Other Expenses | $0 |
| Operating Expenses | $2.6B |
| Cost & Expenses | $6.0B |
| OPERATING INCOME | $3.0B |
| Interest Income | $0 |
| Interest Expense | $132M |
| Other Income/Expenses | -$1.4B |
| INCOME BEFORE TAX | $1.6B |
| Income Tax Expense | $446M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $1.3B |
| EBIT | $1.7B |
| EBITDA | $3.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.2B |
| Depreciation & Amortization | $1.3B |
| Stock-Based Compensation | -$273M |
| Deferred Income Tax | -$29M |
| Other Non-Cash Items | $145M |
| Change in Working Capital | -$279M |
| OPERATING CASH FLOW | $2.0B |
| Capital Expenditure | -$958M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$730.8K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$17M |
| NET CASH FROM INVESTING | -$976M |
| Net Debt Issuance | $90M |
| Common Stock Repurchased | -$214M |
| Common Dividends Paid | -$513M |
| Other Financing Activities | $92M |
| NET CASH FROM FINANCING | -$545M |
| FREE CASH FLOW | $1.1B |
| Net Change in Cash | $537M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $0 |
| Net Receivables | $5.2B |
| Inventory | $3.9B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $10.9B |
| PP&E (Net) | $50.2B |
| Goodwill | $0 |
| Intangible Assets | $2.6B |
| Long-Term Investments | $0 |
| Tax Assets | $58M |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $54.3B |
| TOTAL ASSETS | $65.2B |
| Account Payables | $5.7B |
| Short-Term Debt | $527M |
| Deferred Revenue | -$400M |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $7.2B |
| Long-Term Debt | $8.3B |
| Deferred Revenue NC | $8.1B |
| Deferred Tax Liabilities | $5.9B |
| Other Non-Current Liabilities | $832M |
| TOTAL NON-CURRENT LIABILITIES | $25.7B |
| TOTAL LIABILITIES | $32.8B |
| Common Stock | $15.8B |
| Additional Paid-In Capital | $403M |
| Retained Earnings | $15.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $754M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $32.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $32.4B |
| TOTAL LIABILITIES & EQUITY | $65.2B |
| Total Debt | $11.7B |
| Net Debt | $9.9B |
