| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.2B | $3.9B | $3.1B | 6.6% | 33.4% |
| Op. Income | $742M | $790M | $1.1B | -6.1% | -30.4% |
| Gross Margin | 45.6% | 48.5% | 68.3% | -3.0pp | -22.8pp |
| Net Margin | 13.6% | 15.3% | 25.6% | -1.7pp | -12.0pp |
| EPS (Diluted) | $1.32 | $1.35 | $1.62 | -2.2% | -18.5% |
| Free Cash Flow | $1.9B | $1.9B | $1.8B | 1.2% | 5.0% |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $133M |
| General & Administrative | $451M |
| SG&A Expenses | $584M |
| Other Expenses | $585M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | $742M |
| Interest Income | $5.0B |
| Interest Expense | $901M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $742M |
| Income Tax Expense | $173M |
| Net Income from Continuing Ops | $569M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $569M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $559M |
| D&A | $113M |
| EBIT | $742M |
| EBITDA | $855M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $133M |
| General & Administrative | $451M |
| SG&A Expenses | $584M |
| Other Expenses | $585M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | $742M |
| Interest Income | $5.0B |
| Interest Expense | $901M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $742M |
| Income Tax Expense | $173M |
| Net Income from Continuing Ops | $569M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $569M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $559M |
| D&A | $113M |
| EBIT | $742M |
| EBITDA | $855M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $569M |
| Depreciation & Amortization | $113M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$63M |
| Other Non-Cash Items | $1.6B |
| Change in Working Capital | -$294M |
| OPERATING CASH FLOW | $1.9B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$821M |
| Sales/Maturities of Investments | $560M |
| Other Investing Activities | -$4.9B |
| NET CASH FROM INVESTING | -$5.2B |
| Net Debt Issuance | -$707M |
| Common Stock Repurchased | -$303M |
| Common Dividends Paid | -$99M |
| Other Financing Activities | $1.3B |
| NET CASH FROM FINANCING | $216M |
| FREE CASH FLOW | $1.9B |
| Net Change in Cash | -$3.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12.7B |
| Short-Term Investments | $4.3B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $17.0B |
| PP&E (Net) | $0 |
| Goodwill | $1.1B |
| Intangible Assets | $1.2B |
| Long-Term Investments | $94.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$5.4B |
| TOTAL NON-CURRENT ASSETS | $91.7B |
| TOTAL ASSETS | $108.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $75.8B |
| TOTAL CURRENT LIABILITIES | $81.1B |
| Long-Term Debt | $14.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $14.2B |
| TOTAL LIABILITIES | $95.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $9.7B |
| Retained Earnings | $17.8B |
| Treasury Stock | -$14.8B |
| Accum. Other Comp. Income | -$96M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $13.4B |
| TOTAL LIABILITIES & EQUITY | $108.7B |
| Total Debt | $14.2B |
| Net Debt | $1.5B |
