| Metric | Q1 2024 | Q4 2023 | Q1 2023 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $51.9B | $54.8B | — | -5.3% | — |
| Op. Income | $7.4B | $6.7B | — | 10.3% | — |
| Gross Margin | 29.2% | 25.7% | — | 3.5pp | — |
| Net Margin | 11.0% | 9.2% | — | 1.8pp | — |
| EPS (Diluted) | $2.40 | $2.09 | — | 14.8% | — |
| Free Cash Flow | -$1.3B | $11.1B | — | -111.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $51.9B |
| Cost of Revenue | $36.7B |
| GROSS PROFIT | $15.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $7.7B |
| Operating Expenses | $7.7B |
| Cost & Expenses | $44.5B |
| OPERATING INCOME | $7.4B |
| Interest Income | $472M |
| Interest Expense | $923M |
| Other Income/Expenses | $1.3B |
| INCOME BEFORE TAX | $8.7B |
| Income Tax Expense | $2.9B |
| Net Income from Continuing Ops | $5.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5.7B |
| D&A | $3.0B |
| EBIT | $9.5B |
| EBITDA | $12.5B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $51.9B |
| Cost of Revenue | $36.7B |
| GROSS PROFIT | $15.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $7.7B |
| Operating Expenses | $7.7B |
| Cost & Expenses | $44.5B |
| OPERATING INCOME | $7.4B |
| Interest Income | $472M |
| Interest Expense | $923M |
| Other Income/Expenses | $1.3B |
| INCOME BEFORE TAX | $8.7B |
| Income Tax Expense | $2.9B |
| Net Income from Continuing Ops | $5.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5.7B |
| D&A | $3.0B |
| EBIT | $9.5B |
| EBITDA | $12.5B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $5.7B |
| Depreciation & Amortization | $2.4B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$258M |
| Change in Working Capital | -$5.7B |
| OPERATING CASH FLOW | $2.2B |
| Capital Expenditure | -$3.4B |
| Acquisitions (Net) | $779M |
| Purchases of Investments | -$488M |
| Sales/Maturities of Investments | $34M |
| Other Investing Activities | -$389M |
| NET CASH FROM INVESTING | -$3.5B |
| Net Debt Issuance | $3.4B |
| Common Stock Repurchased | -$2.0B |
| Common Dividends Paid | -$1.9B |
| Other Financing Activities | $265M |
| NET CASH FROM FINANCING | -$225M |
| FREE CASH FLOW | -$1.3B |
| Net Change in Cash | -$1.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $25.6B |
| Short-Term Investments | $6.3B |
| Net Receivables | $24.2B |
| Inventory | $20.2B |
| Other Current Assets | $21.1B |
| TOTAL CURRENT ASSETS | $97.5B |
| PP&E (Net) | $109.5B |
| Goodwill | $0 |
| Intangible Assets | $33.2B |
| Long-Term Investments | $35.5B |
| Tax Assets | $3.2B |
| Other Non-Current Assets | $4.3B |
| TOTAL NON-CURRENT ASSETS | $185.6B |
| TOTAL ASSETS | $283.1B |
| Account Payables | $37.6B |
| Short-Term Debt | $18.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $33.5B |
| TOTAL CURRENT LIABILITIES | $89.2B |
| Long-Term Debt | $38.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $11.9B |
| Other Non-Current Liabilities | $22.9B |
| TOTAL NON-CURRENT LIABILITIES | $72.8B |
| TOTAL LIABILITIES | $162.0B |
| Common Stock | $7.5B |
| Additional Paid-In Capital | $129.9B |
| Retained Earnings | $0 |
| Treasury Stock | -$4.9B |
| Accum. Other Comp. Income | -$14.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $118.4B |
| Minority Interest | $2.7B |
| TOTAL EQUITY | $121.1B |
| TOTAL LIABILITIES & EQUITY | $283.1B |
| Total Debt | $56.0B |
| Net Debt | $30.4B |
