| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17.8B | $17.0B | $9.2B | 4.4% | 93.3% |
| Op. Income | $2.9B | $1.6B | $3.4B | 75.6% | -14.9% |
| Gross Margin | 48.7% | 52.8% | 86.7% | -4.0pp | -37.9pp |
| Net Margin | 13.6% | 6.8% | 30.3% | 6.8pp | -16.7pp |
| EPS (Diluted) | $1.24 | $0.60 | $1.51 | 106.1% | -18.4% |
| Free Cash Flow | -$39.8B | $3.4B | -$8.6B | -1269.7% | -365.2% |
| Item | Amount |
|---|---|
| REVENUE | $17.8B |
| Cost of Revenue | $9.1B |
| GROSS PROFIT | $8.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $282M |
| General & Administrative | $3.7B |
| SG&A Expenses | $3.9B |
| Other Expenses | $1.9B |
| Operating Expenses | $5.8B |
| Cost & Expenses | $14.9B |
| OPERATING INCOME | $2.9B |
| Interest Income | $14.1B |
| Interest Expense | $8.7B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2.9B |
| Income Tax Expense | $628M |
| Net Income from Continuing Ops | $2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $176M |
| NET INCOME | $2.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.3B |
| D&A | $350M |
| EBIT | $2.9B |
| EBITDA | $3.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $17.8B |
| Cost of Revenue | $9.1B |
| GROSS PROFIT | $8.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $282M |
| General & Administrative | $3.7B |
| SG&A Expenses | $3.9B |
| Other Expenses | $1.9B |
| Operating Expenses | $5.8B |
| Cost & Expenses | $14.9B |
| OPERATING INCOME | $2.9B |
| Interest Income | $14.1B |
| Interest Expense | $8.7B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2.9B |
| Income Tax Expense | $628M |
| Net Income from Continuing Ops | $2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $176M |
| NET INCOME | $2.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.3B |
| D&A | $350M |
| EBIT | $2.9B |
| EBITDA | $3.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.4B |
| Depreciation & Amortization | $350M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$469M |
| Other Non-Cash Items | $277M |
| Change in Working Capital | -$42.1B |
| OPERATING CASH FLOW | -$39.5B |
| Capital Expenditure | -$273M |
| Acquisitions (Net) | -$367M |
| Purchases of Investments | -$11.3B |
| Sales/Maturities of Investments | $20.8B |
| Other Investing Activities | $30.6B |
| NET CASH FROM INVESTING | $39.5B |
| Net Debt Issuance | -$123M |
| Common Stock Repurchased | -$1.8B |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$99M |
| FREE CASH FLOW | -$39.8B |
| Net Change in Cash | -$83M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $80.5B |
| Short-Term Investments | $52.6B |
| Net Receivables | $36.4B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $170.9B |
| PP&E (Net) | $6.8B |
| Goodwill | $13.3B |
| Intangible Assets | $2.0B |
| Long-Term Investments | $951.7B |
| Tax Assets | $2.2B |
| Other Non-Current Assets | $265.7B |
| TOTAL NON-CURRENT ASSETS | $1.2T |
| TOTAL ASSETS | $1.4T |
| Account Payables | $26.6B |
| Short-Term Debt | $296.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $791.3B |
| TOTAL CURRENT LIABILITIES | $1.1T |
| Long-Term Debt | $118.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $190M |
| Other Non-Current Liabilities | $83.5B |
| TOTAL NON-CURRENT LIABILITIES | $205.8B |
| TOTAL LIABILITIES | $1.3T |
| Common Stock | $18.9B |
| Additional Paid-In Capital | $118M |
| Retained Earnings | $54.7B |
| Treasury Stock | -$80M |
| Accum. Other Comp. Income | $3.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $84.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $84.9B |
| TOTAL LIABILITIES & EQUITY | $1.4T |
| Total Debt | $418.4B |
| Net Debt | $337.9B |
