| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.0B | $2.7B | $2.6B | 9.9% | 15.9% |
| Op. Income | $417M | $634M | $907M | -34.2% | -54.0% |
| Gross Margin | 58.7% | 71.8% | 80.0% | -13.1pp | -21.3pp |
| Net Margin | 9.9% | 17.6% | 27.4% | -7.7pp | -17.5pp |
| EPS (Diluted) | $0.88 | $1.40 | $1.89 | -37.1% | -53.4% |
| Free Cash Flow | $561M | $978M | $256M | -42.6% | 119.1% |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $89M |
| General & Administrative | $689M |
| SG&A Expenses | $778M |
| Other Expenses | $570M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $417M |
| Interest Income | $2.8B |
| Interest Expense | $804M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $417M |
| Income Tax Expense | $117M |
| Net Income from Continuing Ops | $300M |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $299M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $272M |
| D&A | $334M |
| EBIT | $417M |
| EBITDA | $751M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $89M |
| General & Administrative | $689M |
| SG&A Expenses | $778M |
| Other Expenses | $570M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $417M |
| Interest Income | $2.8B |
| Interest Expense | $804M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $417M |
| Income Tax Expense | $117M |
| Net Income from Continuing Ops | $300M |
| Net Income from Discontinued Ops | -$1M |
| Other Adjustments | $0 |
| NET INCOME | $299M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $272M |
| D&A | $334M |
| EBIT | $417M |
| EBITDA | $751M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $299M |
| Depreciation & Amortization | $334M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $413M |
| Change in Working Capital | $556M |
| OPERATING CASH FLOW | $1.6B |
| Capital Expenditure | -$1.0B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$882M |
| Sales/Maturities of Investments | $1.2B |
| Other Investing Activities | -$3.8B |
| NET CASH FROM INVESTING | -$4.5B |
| Net Debt Issuance | -$946M |
| Common Stock Repurchased | -$415M |
| Common Dividends Paid | -$95M |
| Other Financing Activities | $5.3B |
| NET CASH FROM FINANCING | $3.8B |
| FREE CASH FLOW | $561M |
| Net Change in Cash | $963M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.0B |
| Short-Term Investments | $26.2B |
| Net Receivables | $861M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $32.1B |
| PP&E (Net) | $12.0B |
| Goodwill | $822M |
| Intangible Assets | $104M |
| Long-Term Investments | $138.2B |
| Tax Assets | $1.3B |
| Other Non-Current Assets | $4.2B |
| TOTAL NON-CURRENT ASSETS | $156.6B |
| TOTAL ASSETS | $188.6B |
| Account Payables | $1.0B |
| Short-Term Debt | $10.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $145.8B |
| TOTAL CURRENT LIABILITIES | $157.2B |
| Long-Term Debt | $13.4B |
| Deferred Revenue NC | $169M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.3B |
| TOTAL NON-CURRENT LIABILITIES | $19.0B |
| TOTAL LIABILITIES | $176.2B |
| Common Stock | $21.8B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$544M |
| Treasury Stock | -$6.8B |
| Accum. Other Comp. Income | -$4.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $12.4B |
| TOTAL LIABILITIES & EQUITY | $188.6B |
| Total Debt | $24.0B |
| Net Debt | $19.0B |
