Non-GAAP | |||||||||||
($ in millions, except earnings per share) | Q1 FY23 | Q4 FY22 | Q1 FY22 | Q/Q | Y/Y | ||||||
Revenue | $8,288 | $7,643 | $5,661 | Up 8% | Up 46% | ||||||
Gross margin | 67.1% | 67.0% | 66.2% | Up 10 bps | Up 90 bps | ||||||
Operating expenses | $1,608 | $1,447 | $1,189 | Up 11% | Up 35% | ||||||
Operating income | $3,955 | $3,677 | $2,557 | Up 8% | Up 55% | ||||||
Net income | $3,443 | $3,350 | $2,313 | Up 3% | Up 49% | ||||||
Diluted earnings per share | $1.36 | $1.32 | $0.91 | Up 3% | Up 49% |