| Metric | Q2 2023 | Q1 2023 | Q2 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $629M | — | 131.3% | — |
| Op. Income | $363M | -$116M | — | 413.7% | — |
| Gross Margin | 38.4% | 14.3% | — | 24.2pp | — |
| Net Margin | 13.1% | -34.1% | — | 47.1pp | — |
| EPS (Diluted) | $0.44 | $-0.50 | — | 188.0% | — |
| Free Cash Flow | $194M | $99M | — | 94.9% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $896M |
| GROSS PROFIT | $559M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $196M |
| Other Expenses | $0 |
| Operating Expenses | $196M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $363M |
| Interest Income | $10M |
| Interest Expense | $173M |
| Other Income/Expenses | -$171M |
| INCOME BEFORE TAX | $192M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $190M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $190M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $190M |
| D&A | $63M |
| EBIT | $365M |
| EBITDA | $429M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $896M |
| GROSS PROFIT | $559M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $196M |
| Other Expenses | $0 |
| Operating Expenses | $196M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $363M |
| Interest Income | $10M |
| Interest Expense | $173M |
| Other Income/Expenses | -$171M |
| INCOME BEFORE TAX | $192M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $190M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $190M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $190M |
| D&A | $63M |
| EBIT | $365M |
| EBITDA | $429M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $190M |
| Depreciation & Amortization | $63M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $148M |
| Change in Working Capital | $168M |
| OPERATING CASH FLOW | $588M |
| Capital Expenditure | -$395M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$383M |
| Net Debt Issuance | $1.0B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$25M |
| Other Financing Activities | -$896M |
| NET CASH FROM FINANCING | $99M |
| FREE CASH FLOW | $194M |
| Net Change in Cash | $304M |
