| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $1.8B | $1.6B | 2.5% | 17.1% |
| Op. Income | $498M | $560M | $559M | -11.1% | -10.9% |
| Gross Margin | 61.9% | 64.6% | 71.9% | -2.6pp | -9.9pp |
| Net Margin | 19.0% | 22.0% | 23.8% | -3.0pp | -4.8pp |
| EPS (Diluted) | $4.51 | $5.09 | $4.74 | -11.4% | -4.8% |
| Free Cash Flow | $6M | $0 | $324M | — | -98.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $719M |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $50M |
| General & Administrative | $477M |
| SG&A Expenses | $526M |
| Other Expenses | $145M |
| Operating Expenses | $671M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $498M |
| Interest Income | $1.4B |
| Interest Expense | $453M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $498M |
| Income Tax Expense | $132M |
| NET INCOME | $359M |
| D&A | $46M |
| EBIT | $498M |
| EBITDA | $544M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $719M |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $50M |
| General & Administrative | $477M |
| SG&A Expenses | $526M |
| Other Expenses | $145M |
| Operating Expenses | $671M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $498M |
| Interest Income | $1.4B |
| Interest Expense | $453M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $498M |
| Income Tax Expense | $132M |
| NET INCOME | $359M |
| D&A | $46M |
| EBIT | $498M |
| EBITDA | $544M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $359M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$359M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $6M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.5B |
| Short-Term Investments | $10.3B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $19.8B |
| PP&E (Net) | $508M |
| Goodwill | $244M |
| Intangible Assets | $659M |
| Long-Term Investments | $47.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $834M |
| TOTAL NON-CURRENT ASSETS | $49.2B |
| TOTAL ASSETS | $69.1B |
| Account Payables | $433M |
| Short-Term Debt | $3.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $42.7B |
| TOTAL CURRENT LIABILITIES | $46.5B |
| Long-Term Debt | $7.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.9B |
| TOTAL NON-CURRENT LIABILITIES | $13.3B |
| TOTAL LIABILITIES | $59.8B |
| Common Stock | $382M |
| Additional Paid-In Capital | $65M |
| Retained Earnings | $1.1B |
| Treasury Stock | -$60M |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $7.6B |
| TOTAL STOCKHOLDERS' EQUITY | $9.1B |
| Minority Interest | $185M |
| TOTAL EQUITY | $9.2B |
| TOTAL LIABILITIES & EQUITY | $69.1B |
| Total Debt | $10.8B |
| Net Debt | $1.2B |
