| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $17.5B | — | $20.0B | — | -12.5% |
| Op. Income | $7.3B | — | $10.1B | — | -27.7% |
| Gross Margin | 62.9% | — | 68.8% | — | -5.9pp |
| Net Margin | 37.2% | — | 43.7% | — | -6.5pp |
| EPS (Diluted) | $7.07 | — | $9.41 | — | -24.9% |
| Free Cash Flow | $1.3B | — | $5.9B | — | -77.2% |
| Item | Amount |
|---|---|
| REVENUE | $17.5B |
| Cost of Revenue | $6.5B |
| GROSS PROFIT | $11.0B |
| R&D Expenses | $1.9B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.8B |
| Other Expenses | $0 |
| Operating Expenses | $3.7B |
| Cost & Expenses | $10.2B |
| OPERATING INCOME | $7.3B |
| Interest Income | $0 |
| Interest Expense | $353M |
| Other Income/Expenses | $87M |
| INCOME BEFORE TAX | $7.4B |
| Income Tax Expense | $908M |
| Net Income from Continuing Ops | $6.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6.5B |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $6.5B |
| D&A | $1.2B |
| EBIT | $7.8B |
| EBITDA | $9.0B |
| EPS | $7 |
| EPS Diluted | $7 |
| Item | Amount |
|---|---|
| REVENUE | $17.5B |
| Cost of Revenue | $6.5B |
| GROSS PROFIT | $11.0B |
| R&D Expenses | $1.9B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.8B |
| Other Expenses | $0 |
| Operating Expenses | $3.7B |
| Cost & Expenses | $10.2B |
| OPERATING INCOME | $7.3B |
| Interest Income | $0 |
| Interest Expense | $353M |
| Other Income/Expenses | $87M |
| INCOME BEFORE TAX | $7.4B |
| Income Tax Expense | $908M |
| Net Income from Continuing Ops | $6.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6.5B |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $6.5B |
| D&A | $1.2B |
| EBIT | $7.8B |
| EBITDA | $9.0B |
| EPS | $7 |
| EPS Diluted | $7 |
| Item | Amount |
|---|---|
| Net Income | $6.5B |
| Depreciation & Amortization | $1.2B |
| Stock-Based Compensation | $362M |
| Deferred Income Tax | -$299M |
| Other Non-Cash Items | -$292M |
| Change in Working Capital | -$1.1B |
| OPERATING CASH FLOW | $6.4B |
| Capital Expenditure | -$5.1B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$12.7B |
| Sales/Maturities of Investments | $13.4B |
| Other Investing Activities | $27M |
| NET CASH FROM INVESTING | -$4.4B |
| Net Debt Issuance | $2.5B |
| Common Stock Repurchased | -$293M |
| Common Dividends Paid | -$4.6B |
| Other Financing Activities | -$57M |
| NET CASH FROM FINANCING | -$2.1B |
| FREE CASH FLOW | $1.3B |
| Net Change in Cash | -$86M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.0B |
| Short-Term Investments | $5.6B |
| Net Receivables | $1.8B |
| Inventory | $4.0B |
| Other Current Assets | $761M |
| TOTAL CURRENT ASSETS | $15.1B |
| PP&E (Net) | $10.0B |
| Goodwill | $4.4B |
| Intangible Assets | $223M |
| Long-Term Investments | $0 |
| Tax Assets | $757M |
| Other Non-Current Assets | $1.9B |
| TOTAL NON-CURRENT ASSETS | $17.2B |
| TOTAL ASSETS | $32.3B |
| Account Payables | $802M |
| Short-Term Debt | $687M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $823M |
| TOTAL CURRENT LIABILITIES | $3.3B |
| Long-Term Debt | $11.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $63M |
| Other Non-Current Liabilities | $488M |
| TOTAL NON-CURRENT LIABILITIES | $12.1B |
| TOTAL LIABILITIES | $15.5B |
| Common Stock | $1.7B |
| Additional Paid-In Capital | $3.4B |
| Retained Earnings | $52.3B |
| Treasury Stock | -$40.3B |
| Accum. Other Comp. Income | -$205M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $16.9B |
| TOTAL LIABILITIES & EQUITY | $32.3B |
| Total Debt | $12.3B |
| Net Debt | $9.3B |
