| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.8B | $3.6B | $2.5B | 6.9% | 54.3% |
| Op. Income | $857M | $534M | $786M | 60.5% | 9.0% |
| Gross Margin | 47.7% | 52.4% | 69.6% | -4.7pp | -21.9pp |
| Net Margin | 16.1% | 9.9% | 22.8% | 6.2pp | -6.7pp |
| EPS (Diluted) | $2.46 | $1.26 | $2.34 | 95.5% | 5.3% |
| Free Cash Flow | -$2.4B | $227M | $6.7B | -1142.8% | -135.3% |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $19M |
| General & Administrative | $631M |
| SG&A Expenses | $650M |
| Other Expenses | $323M |
| Operating Expenses | $973M |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $857M |
| Interest Income | $3.3B |
| Interest Expense | $1.8B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $857M |
| Income Tax Expense | $219M |
| Net Income from Continuing Ops | $639M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $617M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $596M |
| D&A | $166M |
| EBIT | $857M |
| EBITDA | $1.0B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $19M |
| General & Administrative | $631M |
| SG&A Expenses | $650M |
| Other Expenses | $323M |
| Operating Expenses | $973M |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $857M |
| Interest Income | $3.3B |
| Interest Expense | $1.8B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $857M |
| Income Tax Expense | $219M |
| Net Income from Continuing Ops | $639M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $617M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $596M |
| D&A | $166M |
| EBIT | $857M |
| EBITDA | $1.0B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $639M |
| Depreciation & Amortization | $166M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $219M |
| Other Non-Cash Items | -$1.2B |
| Change in Working Capital | -$2.1B |
| OPERATING CASH FLOW | -$2.3B |
| Capital Expenditure | -$40M |
| Acquisitions (Net) | -$196M |
| Purchases of Investments | -$7.4B |
| Sales/Maturities of Investments | $8.0B |
| Other Investing Activities | -$84M |
| NET CASH FROM INVESTING | $265M |
| Net Debt Issuance | -$266M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $39M |
| NET CASH FROM FINANCING | -$227M |
| FREE CASH FLOW | -$2.4B |
| Net Change in Cash | -$2.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $20.9B |
| Short-Term Investments | $22.8B |
| Net Receivables | $13.2B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $57.2B |
| PP&E (Net) | $3.9B |
| Goodwill | $305M |
| Intangible Assets | $875M |
| Long-Term Investments | $258.9B |
| Tax Assets | $17M |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $265.5B |
| TOTAL ASSETS | $322.7B |
| Account Payables | $8.0B |
| Short-Term Debt | $1.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $220.1B |
| TOTAL CURRENT LIABILITIES | $231.5B |
| Long-Term Debt | $48.9B |
| Deferred Revenue NC | $239M |
| Deferred Tax Liabilities | $149M |
| Other Non-Current Liabilities | $19.8B |
| TOTAL NON-CURRENT LIABILITIES | $69.2B |
| TOTAL LIABILITIES | $300.7B |
| Common Stock | $2.5B |
| Additional Paid-In Capital | $459M |
| Retained Earnings | $16.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $998M |
| TOTAL STOCKHOLDERS' EQUITY | $20.0B |
| Minority Interest | $2.0B |
| TOTAL EQUITY | $22.0B |
| TOTAL LIABILITIES & EQUITY | $322.7B |
| Total Debt | $50.1B |
| Net Debt | $29.2B |
