| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $35.6B | — | $34.6B | — | 2.7% |
| Op. Income | $6.4B | — | $5.3B | — | 22.6% |
| Gross Margin | 100.0% | — | 100.0% | — | 0.0pp |
| Net Margin | 11.7% | — | 9.8% | — | 1.9pp |
| EPS (Diluted) | $1.64 | — | $1.32 | — | 23.9% |
| Free Cash Flow | $3.4B | — | $2.9B | — | 17.6% |
| Item | Amount |
|---|---|
| REVENUE | $35.6B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $35.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $58M |
| Other Expenses | $29.1B |
| Operating Expenses | $29.1B |
| Cost & Expenses | $29.1B |
| OPERATING INCOME | $6.4B |
| Interest Income | $361M |
| Interest Expense | $0 |
| Other Income/Expenses | -$291M |
| INCOME BEFORE TAX | $6.2B |
| Income Tax Expense | $1.6B |
| Net Income from Continuing Ops | $4.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.1B |
| D&A | $880M |
| EBIT | $6.2B |
| EBITDA | $7.0B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $35.6B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $35.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $58M |
| Other Expenses | $29.1B |
| Operating Expenses | $29.1B |
| Cost & Expenses | $29.1B |
| OPERATING INCOME | $6.4B |
| Interest Income | $361M |
| Interest Expense | $0 |
| Other Income/Expenses | -$291M |
| INCOME BEFORE TAX | $6.2B |
| Income Tax Expense | $1.6B |
| Net Income from Continuing Ops | $4.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $4.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4.1B |
| D&A | $880M |
| EBIT | $6.2B |
| EBITDA | $7.0B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $4.1B |
| Depreciation & Amortization | $880M |
| Stock-Based Compensation | $186M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $41M |
| Change in Working Capital | -$1.3B |
| OPERATING CASH FLOW | $3.9B |
| Capital Expenditure | -$559M |
| Acquisitions (Net) | -$78M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $403M |
| NET CASH FROM INVESTING | -$234M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$880M |
| Common Dividends Paid | -$2.6B |
| Other Financing Activities | -$285M |
| NET CASH FROM FINANCING | -$2.9B |
| FREE CASH FLOW | $3.4B |
| Net Change in Cash | $760M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.8B |
| Short-Term Investments | $1.6B |
| Net Receivables | $9.4B |
| Inventory | $6.6B |
| Other Current Assets | $360M |
| TOTAL CURRENT ASSETS | $23.8B |
| PP&E (Net) | $12.4B |
| Goodwill | $24.9B |
| Intangible Assets | $21.8B |
| Long-Term Investments | -$443M |
| Tax Assets | $1.3B |
| Other Non-Current Assets | $7.9B |
| TOTAL NON-CURRENT ASSETS | $67.9B |
| TOTAL ASSETS | $91.7B |
| Account Payables | $20.3B |
| Short-Term Debt | $0 |
| Deferred Revenue | -$7.8B |
| Other Current Liabilities | $8.6B |
| TOTAL CURRENT LIABILITIES | $29.9B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | -$26.3B |
| Deferred Tax Liabilities | $5.2B |
| Other Non-Current Liabilities | $36.1B |
| TOTAL NON-CURRENT LIABILITIES | $36.1B |
| TOTAL LIABILITIES | $66.0B |
| Common Stock | $108M |
| Additional Paid-In Capital | $61.8B |
| Retained Earnings | $60.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$99.9B |
| Other Equity | -$137M |
| TOTAL STOCKHOLDERS' EQUITY | $22.5B |
| Minority Interest | $3.1B |
| TOTAL EQUITY | $25.6B |
| TOTAL LIABILITIES & EQUITY | $91.7B |
| Total Debt | $35.9B |
| Net Debt | $30.0B |
