| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10.1B | $9.7B | $9.1B | 4.1% | 10.5% |
| Op. Income | -$48M | $928M | $657M | -105.2% | -107.3% |
| Gross Margin | 13.4% | 23.5% | 21.5% | -10.1pp | -8.2pp |
| Net Margin | -0.1% | 10.0% | 6.0% | -10.2pp | -6.2pp |
| EPS (Diluted) | $-0.06 | $4.13 | $2.29 | -101.5% | -102.7% |
| Free Cash Flow | $1.5B | $1.0B | $1.4B | 53.1% | 12.7% |
| Item | Amount |
|---|---|
| REVENUE | $10.1B |
| Cost of Revenue | $8.7B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1.3B |
| SG&A Expenses | $1.3B |
| Other Expenses | $92M |
| Operating Expenses | $1.4B |
| Cost & Expenses | $10.1B |
| OPERATING INCOME | -$48M |
| Interest Income | $0 |
| Interest Expense | $92M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$48M |
| Income Tax Expense | -$34M |
| Net Income from Continuing Ops | -$14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$15M |
| D&A | $179M |
| EBIT | $44M |
| EBITDA | $223M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$14M |
| Depreciation & Amortization | $179M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$96M |
| Other Non-Cash Items | $907M |
| Change in Working Capital | $573M |
| OPERATING CASH FLOW | $1.5B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3.8B |
| Sales/Maturities of Investments | $2.1B |
| Other Investing Activities | -$143M |
| NET CASH FROM INVESTING | -$1.9B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$396M |
| Common Dividends Paid | -$232M |
| Other Financing Activities | $766M |
| NET CASH FROM FINANCING | $138M |
| FREE CASH FLOW | $1.5B |
| Net Change in Cash | -$162M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $605M |
| Short-Term Investments | $77.1B |
| Net Receivables | $21.9B |
| Inventory | $0 |
| Other Current Assets | -$100.9B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $4.0B |
| Intangible Assets | $283M |
| Long-Term Investments | $77.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$81.9B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $120.6B |
| Account Payables | $4.2B |
| Short-Term Debt | $100M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $4.3B |
| Long-Term Debt | $7.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $86.5B |
| TOTAL NON-CURRENT LIABILITIES | $94.4B |
| TOTAL LIABILITIES | $98.7B |
| Common Stock | $24.8B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $44.0B |
| Treasury Stock | -$40.9B |
| Accum. Other Comp. Income | -$6.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $21.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $21.9B |
| TOTAL LIABILITIES & EQUITY | $120.6B |
| Total Debt | $8.0B |
| Net Debt | $7.4B |
