| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.0B | $6.1B | $3.0B | -33.1% | 35.8% |
| Op. Income | $1.3B | $2.6B | $848M | -47.9% | 58.6% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | 30.5% | 27.5% | 20.7% | 3.0pp | 9.8pp |
| EPS (Diluted) | $1.28 | $1.68 | $0.60 | -24.0% | 113.7% |
| Free Cash Flow | $2.1B | -$96M | $178M | 2285.4% | 1078.7% |
| Item | Amount |
|---|---|
| REVENUE | $4.0B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $4.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.8B |
| General & Administrative | $905M |
| SG&A Expenses | $2.7B |
| Other Expenses | $11M |
| Operating Expenses | $2.7B |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $1.3B |
| Interest Income | $131M |
| Interest Expense | $145M |
| Other Income/Expenses | $107M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $217M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $163M |
| EBIT | $1.6B |
| EBITDA | $1.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.0B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $4.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.8B |
| General & Administrative | $905M |
| SG&A Expenses | $2.7B |
| Other Expenses | $11M |
| Operating Expenses | $2.7B |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $1.3B |
| Interest Income | $131M |
| Interest Expense | $145M |
| Other Income/Expenses | $107M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $217M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $163M |
| EBIT | $1.6B |
| EBITDA | $1.8B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.2B |
| Depreciation & Amortization | $163M |
| Stock-Based Compensation | $102M |
| Deferred Income Tax | -$11M |
| Other Non-Cash Items | -$344M |
| Change in Working Capital | $1.0B |
| OPERATING CASH FLOW | $2.2B |
| Capital Expenditure | -$75M |
| Acquisitions (Net) | $601M |
| Purchases of Investments | -$17M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | $510M |
| Net Debt Issuance | $2.8B |
| Common Stock Repurchased | -$2.3B |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$21M |
| NET CASH FROM FINANCING | $479M |
| FREE CASH FLOW | $2.1B |
| Net Change in Cash | $3.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12.2B |
| Short-Term Investments | $175M |
| Net Receivables | $2.2B |
| Inventory | $0 |
| Other Current Assets | $666M |
| TOTAL CURRENT ASSETS | $15.8B |
| PP&E (Net) | $1.3B |
| Goodwill | $2.8B |
| Intangible Assets | $1.8B |
| Long-Term Investments | $2.8B |
| Tax Assets | $613M |
| Other Non-Current Assets | $211M |
| TOTAL NON-CURRENT ASSETS | $9.6B |
| TOTAL ASSETS | $25.4B |
| Account Payables | $2.5B |
| Short-Term Debt | $500M |
| Deferred Revenue | $2.2B |
| Other Current Liabilities | $2.7B |
| TOTAL CURRENT LIABILITIES | $8.5B |
| Long-Term Debt | $12.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $685M |
| Other Non-Current Liabilities | $851M |
| TOTAL NON-CURRENT LIABILITIES | $14.1B |
| TOTAL LIABILITIES | $22.6B |
| Common Stock | $0 |
| Additional Paid-In Capital | $6.5B |
| Retained Earnings | $27.5B |
| Treasury Stock | -$31.0B |
| Accum. Other Comp. Income | -$267M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $25.4B |
| Total Debt | $13.0B |
| Net Debt | $816M |
