| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.2B | $8.8B | — | 4.6% | — |
| Op. Income | $326M | -$262M | — | 224.4% | — |
| Gross Margin | 40.2% | 40.4% | — | -0.1pp | — |
| Net Margin | 4.3% | -1.8% | — | 6.0pp | — |
| EPS (Diluted) | $0.18 | $-0.08 | — | 330.5% | — |
| Free Cash Flow | $1.1B | $549M | — | 107.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $9.2B |
| Cost of Revenue | $5.5B |
| GROSS PROFIT | $3.7B |
| R&D Expenses | $808M |
| Selling & Marketing | $1.2B |
| General & Administrative | $491M |
| SG&A Expenses | $1.7B |
| Other Expenses | $872M |
| Operating Expenses | $3.4B |
| Cost & Expenses | $8.9B |
| OPERATING INCOME | $326M |
| Interest Income | $107M |
| Interest Expense | $144M |
| Other Income/Expenses | $133M |
| INCOME BEFORE TAX | $459M |
| Income Tax Expense | $65M |
| Net Income from Continuing Ops | $394M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $394M |
| Net Income Deductions | $13M |
| BOTTOM LINE NET INCOME | $381M |
| D&A | $208M |
| EBIT | $599M |
| EBITDA | $807M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $9.2B |
| Cost of Revenue | $5.5B |
| GROSS PROFIT | $3.7B |
| R&D Expenses | $808M |
| Selling & Marketing | $1.2B |
| General & Administrative | $491M |
| SG&A Expenses | $1.7B |
| Other Expenses | $872M |
| Operating Expenses | $3.4B |
| Cost & Expenses | $8.9B |
| OPERATING INCOME | $326M |
| Interest Income | $107M |
| Interest Expense | $144M |
| Other Income/Expenses | $133M |
| INCOME BEFORE TAX | $459M |
| Income Tax Expense | $65M |
| Net Income from Continuing Ops | $394M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $394M |
| Net Income Deductions | $13M |
| BOTTOM LINE NET INCOME | $381M |
| D&A | $208M |
| EBIT | $599M |
| EBITDA | $807M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $394M |
| Depreciation & Amortization | $208M |
| Stock-Based Compensation | $504M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | -$273M |
| Change in Working Capital | $351M |
| OPERATING CASH FLOW | $1.2B |
| Capital Expenditure | -$50M |
| Acquisitions (Net) | $703M |
| Purchases of Investments | -$1.4B |
| Sales/Maturities of Investments | $1.1B |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | $408M |
| Net Debt Issuance | -$49M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | $42M |
| FREE CASH FLOW | $1.1B |
| Net Change in Cash | $1.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.9B |
| Short-Term Investments | $538M |
| Net Receivables | $3.2B |
| Inventory | $0 |
| Other Current Assets | $634M |
| TOTAL CURRENT ASSETS | $10.7B |
| PP&E (Net) | $3.4B |
| Goodwill | $8.2B |
| Intangible Assets | $1.6B |
| Long-Term Investments | $9.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $704M |
| TOTAL NON-CURRENT ASSETS | $23.4B |
| TOTAL ASSETS | $34.1B |
| Account Payables | $694M |
| Short-Term Debt | $332M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $6.7B |
| TOTAL CURRENT LIABILITIES | $8.6B |
| Long-Term Debt | $9.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $51M |
| Other Non-Current Liabilities | $4.7B |
| TOTAL NON-CURRENT LIABILITIES | $15.6B |
| TOTAL LIABILITIES | $24.2B |
| Common Stock | $0 |
| Additional Paid-In Capital | $41.6B |
| Retained Earnings | -$32.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$443M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.7B |
| Minority Interest | $1.2B |
| TOTAL EQUITY | $9.8B |
| TOTAL LIABILITIES & EQUITY | $34.1B |
| Total Debt | $11.2B |
| Net Debt | $5.3B |
