| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.6B | $6.6B | $6.6B | 15.0% | 14.1% |
| Op. Income | $1.0B | -$63M | $1.1B | 1751.9% | -1.3% |
| Gross Margin | 68.0% | 63.1% | 69.7% | 4.8pp | -1.7pp |
| Net Margin | 7.9% | -0.3% | 8.4% | 8.2pp | -0.6pp |
| EPS (Diluted) | $0.19 | $-0.01 | $0.18 | 3221.9% | 4.9% |
| Free Cash Flow | $707M | $1.5B | -$1.1B | -51.8% | 163.8% |
| Item | Amount |
|---|---|
| REVENUE | $7.6B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $5.1B |
| R&D Expenses | $1.1B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.7B |
| Other Expenses | $1.4B |
| Operating Expenses | $4.1B |
| Cost & Expenses | $6.5B |
| OPERATING INCOME | $1.0B |
| Interest Income | $192M |
| Interest Expense | $374M |
| Other Income/Expenses | -$186M |
| INCOME BEFORE TAX | $856M |
| Income Tax Expense | $259M |
| Net Income from Continuing Ops | $597M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$6.3K |
| NET INCOME | $597M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $597M |
| D&A | $1.2B |
| EBIT | $1.2B |
| EBITDA | $2.4B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7.6B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $5.1B |
| R&D Expenses | $1.1B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.7B |
| Other Expenses | $1.4B |
| Operating Expenses | $4.1B |
| Cost & Expenses | $6.5B |
| OPERATING INCOME | $1.0B |
| Interest Income | $192M |
| Interest Expense | $374M |
| Other Income/Expenses | -$186M |
| INCOME BEFORE TAX | $856M |
| Income Tax Expense | $259M |
| Net Income from Continuing Ops | $597M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$6.3K |
| NET INCOME | $597M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $597M |
| D&A | $1.2B |
| EBIT | $1.2B |
| EBITDA | $2.4B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $597M |
| Depreciation & Amortization | $1.2B |
| Stock-Based Compensation | $96M |
| Deferred Income Tax | $259M |
| Other Non-Cash Items | -$587M |
| Change in Working Capital | -$502M |
| OPERATING CASH FLOW | $1.1B |
| Capital Expenditure | -$360M |
| Acquisitions (Net) | $18M |
| Purchases of Investments | -$81M |
| Sales/Maturities of Investments | $33M |
| Other Investing Activities | -$89M |
| NET CASH FROM INVESTING | -$982M |
| Net Debt Issuance | $2.7B |
| Common Stock Repurchased | -$12M |
| Common Dividends Paid | -$865M |
| Other Financing Activities | $168M |
| NET CASH FROM FINANCING | $2.0B |
| FREE CASH FLOW | $707M |
| Net Change in Cash | $2.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.0B |
| Short-Term Investments | $334M |
| Net Receivables | $4.8B |
| Inventory | $8.0B |
| Other Current Assets | $1.3B |
| TOTAL CURRENT ASSETS | $19.5B |
| PP&E (Net) | $13.1B |
| Goodwill | $35.9B |
| Intangible Assets | $27.4B |
| Long-Term Investments | $2.8B |
| Tax Assets | $2.4B |
| Other Non-Current Assets | $665M |
| TOTAL NON-CURRENT ASSETS | $82.2B |
| TOTAL ASSETS | $101.7B |
| Account Payables | $2.9B |
| Short-Term Debt | $2.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8.7B |
| TOTAL CURRENT LIABILITIES | $15.4B |
| Long-Term Debt | $31.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $348M |
| Other Non-Current Liabilities | $5.4B |
| TOTAL NON-CURRENT LIABILITIES | $37.4B |
| TOTAL LIABILITIES | $52.8B |
| Common Stock | $10.5B |
| Additional Paid-In Capital | $11.0B |
| Retained Earnings | $8.4B |
| Treasury Stock | -$319M |
| Accum. Other Comp. Income | $19.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $48.9B |
| Minority Interest | $5M |
| TOTAL EQUITY | $48.9B |
| TOTAL LIABILITIES & EQUITY | $101.7B |
| Total Debt | $34.3B |
| Net Debt | $29.3B |
