| Metric | Q4 2023 | Q3 2023 | Q4 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $20.4B | $19.4B | $13.9B | 5.0% | 47.1% |
| Op. Income | $2.5B | $2.5B | $5.6B | -1.3% | -56.3% |
| Gross Margin | 43.6% | 45.8% | 59.5% | -2.3pp | -15.9pp |
| Net Margin | 10.3% | 10.8% | 35.1% | -0.5pp | -24.8pp |
| EPS (Diluted) | $1.09 | $1.12 | $2.65 | -2.6% | -58.8% |
| Free Cash Flow | $10.2B | -$22.9B | $1.6B | 144.6% | 555.6% |
| Item | Amount |
|---|---|
| REVENUE | $20.4B |
| Cost of Revenue | $11.5B |
| GROSS PROFIT | $8.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $305M |
| General & Administrative | $3.7B |
| SG&A Expenses | $4.0B |
| Other Expenses | $2.4B |
| Operating Expenses | $6.4B |
| Cost & Expenses | $18.0B |
| OPERATING INCOME | $2.5B |
| Interest Income | $16.4B |
| Interest Expense | $10.9B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2.5B |
| Income Tax Expense | $459M |
| Net Income from Continuing Ops | $2.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $114M |
| NET INCOME | $2.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.0B |
| D&A | $369M |
| EBIT | $2.5B |
| EBITDA | $2.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $20.4B |
| Cost of Revenue | $11.5B |
| GROSS PROFIT | $8.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $305M |
| General & Administrative | $3.7B |
| SG&A Expenses | $4.0B |
| Other Expenses | $2.4B |
| Operating Expenses | $6.4B |
| Cost & Expenses | $18.0B |
| OPERATING INCOME | $2.5B |
| Interest Income | $16.4B |
| Interest Expense | $10.9B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2.5B |
| Income Tax Expense | $459M |
| Net Income from Continuing Ops | $2.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $114M |
| NET INCOME | $2.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.0B |
| D&A | $369M |
| EBIT | $2.5B |
| EBITDA | $2.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.1B |
| Depreciation & Amortization | $369M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$183M |
| Other Non-Cash Items | $528M |
| Change in Working Capital | $7.8B |
| OPERATING CASH FLOW | $10.6B |
| Capital Expenditure | -$405M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6.9B |
| Sales/Maturities of Investments | $10.9B |
| Other Investing Activities | -$9.5B |
| NET CASH FROM INVESTING | -$5.9B |
| Net Debt Issuance | -$1.4B |
| Common Stock Repurchased | -$4.1B |
| Common Dividends Paid | -$1.3B |
| Other Financing Activities | -$26M |
| NET CASH FROM FINANCING | -$5.4B |
| FREE CASH FLOW | $10.2B |
| Net Change in Cash | -$511M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $76.8B |
| Short-Term Investments | $8.4B |
| Net Receivables | $39.9B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $126.1B |
| PP&E (Net) | $6.9B |
| Goodwill | $13.6B |
| Intangible Assets | $2.0B |
| Long-Term Investments | $1.0T |
| Tax Assets | $2.9B |
| Other Non-Current Assets | $262.1B |
| TOTAL NON-CURRENT ASSETS | $1.3T |
| TOTAL ASSETS | $1.4T |
| Account Payables | $31.9B |
| Short-Term Debt | $281.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $808.2B |
| TOTAL CURRENT LIABILITIES | $1.1T |
| Long-Term Debt | $130.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $149M |
| Other Non-Current Liabilities | $87.4B |
| TOTAL NON-CURRENT LIABILITIES | $222.0B |
| TOTAL LIABILITIES | $1.3T |
| Common Stock | $18.6B |
| Additional Paid-In Capital | $113M |
| Retained Earnings | $53.4B |
| Treasury Stock | -$94M |
| Accum. Other Comp. Income | $2.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $81.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $81.9B |
| TOTAL LIABILITIES & EQUITY | $1.4T |
| Total Debt | $415.6B |
| Net Debt | $338.8B |
