| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $349M | $280M | $260M | 24.5% | 34.4% |
| Op. Income | $117M | $87M | $114M | 33.9% | 2.3% |
| Gross Margin | 73.1% | 76.6% | 89.5% | -3.5pp | -16.4pp |
| Net Margin | 25.2% | 23.5% | 33.5% | 1.7pp | -8.3pp |
| EPS (Diluted) | $1.12 | $0.82 | $0.94 | 36.6% | 19.1% |
| Free Cash Flow | $262M | $598M | $370M | -56.2% | -29.3% |
| Item | Amount |
|---|---|
| REVENUE | $349M |
| Cost of Revenue | $94M |
| GROSS PROFIT | $255M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $70M |
| SG&A Expenses | $70M |
| Other Expenses | $68M |
| Operating Expenses | $138M |
| Cost & Expenses | $232M |
| OPERATING INCOME | $117M |
| Interest Income | $326M |
| Interest Expense | $90M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $117M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $88M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $88M |
| Net Income Deductions | -$6.0K |
| BOTTOM LINE NET INCOME | $87M |
| D&A | $20M |
| EBIT | $117M |
| EBITDA | $137M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $349M |
| Cost of Revenue | $94M |
| GROSS PROFIT | $255M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $70M |
| SG&A Expenses | $70M |
| Other Expenses | $68M |
| Operating Expenses | $138M |
| Cost & Expenses | $232M |
| OPERATING INCOME | $117M |
| Interest Income | $326M |
| Interest Expense | $90M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $117M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $88M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $88M |
| Net Income Deductions | -$6.0K |
| BOTTOM LINE NET INCOME | $87M |
| D&A | $20M |
| EBIT | $117M |
| EBITDA | $137M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $88M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $166M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | $262M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$512M |
| Sales/Maturities of Investments | $612M |
| Other Investing Activities | -$341M |
| NET CASH FROM INVESTING | -$218M |
| Net Debt Issuance | $1.3B |
| Common Stock Repurchased | -$11M |
| Common Dividends Paid | -$19M |
| Other Financing Activities | -$1.1B |
| NET CASH FROM FINANCING | $168M |
| FREE CASH FLOW | $262M |
| Net Change in Cash | $212M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $726M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $726M |
| PP&E (Net) | $580M |
| Goodwill | $78M |
| Intangible Assets | $0 |
| Long-Term Investments | $34.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.0B |
| TOTAL NON-CURRENT ASSETS | $35.9B |
| TOTAL ASSETS | $36.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $27.3B |
| TOTAL CURRENT LIABILITIES | $27.3B |
| Long-Term Debt | $6.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $749M |
| TOTAL NON-CURRENT LIABILITIES | $6.8B |
| TOTAL LIABILITIES | $34.1B |
| Common Stock | $776.0K |
| Additional Paid-In Capital | $381M |
| Retained Earnings | $2.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$408M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $36.6B |
| Total Debt | $6.0B |
| Net Debt | $5.3B |
