| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $542M | $453M | $514M | 19.6% | 5.5% |
| Op. Income | $196M | $169M | $242M | 16.2% | -18.8% |
| Gross Margin | 88.6% | 95.5% | 101.9% | -6.9pp | -13.3pp |
| Net Margin | 28.9% | 29.3% | 36.6% | -0.4pp | -7.8pp |
| EPS (Diluted) | $2.34 | $1.97 | $2.74 | 18.8% | -14.6% |
| Free Cash Flow | $877M | $2.4B | $369M | -63.8% | 137.3% |
| Item | Amount |
|---|---|
| REVENUE | $542M |
| Cost of Revenue | $62M |
| GROSS PROFIT | $481M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $179M |
| SG&A Expenses | $185M |
| Other Expenses | $99M |
| Operating Expenses | $284M |
| Cost & Expenses | $346M |
| OPERATING INCOME | $196M |
| Interest Income | $363M |
| Interest Expense | $47M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $196M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $157M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $157M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $155M |
| D&A | $27M |
| EBIT | $196M |
| EBITDA | $224M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $542M |
| Cost of Revenue | $62M |
| GROSS PROFIT | $481M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $179M |
| SG&A Expenses | $185M |
| Other Expenses | $99M |
| Operating Expenses | $284M |
| Cost & Expenses | $346M |
| OPERATING INCOME | $196M |
| Interest Income | $363M |
| Interest Expense | $47M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $196M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $157M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $157M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $155M |
| D&A | $27M |
| EBIT | $196M |
| EBITDA | $224M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $157M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $58M |
| Change in Working Capital | $663M |
| OPERATING CASH FLOW | $909M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$842M |
| Sales/Maturities of Investments | $416M |
| Other Investing Activities | -$524M |
| NET CASH FROM INVESTING | -$951M |
| Net Debt Issuance | $143M |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | -$35M |
| Other Financing Activities | -$444M |
| NET CASH FROM FINANCING | -$386M |
| FREE CASH FLOW | $877M |
| Net Change in Cash | -$428M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $10.0B |
| Net Receivables | $249M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $11.9B |
| PP&E (Net) | $569M |
| Goodwill | $1.0B |
| Intangible Assets | $364M |
| Long-Term Investments | $26.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.8B |
| TOTAL NON-CURRENT ASSETS | $31.7B |
| TOTAL ASSETS | $43.6B |
| Account Payables | $212M |
| Short-Term Debt | $634M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $36.4B |
| TOTAL CURRENT LIABILITIES | $37.3B |
| Long-Term Debt | $359M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.5B |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $39.1B |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $4.7B |
| Treasury Stock | -$663M |
| Accum. Other Comp. Income | -$905M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.5B |
| Minority Interest | $4M |
| TOTAL EQUITY | $4.5B |
| TOTAL LIABILITIES & EQUITY | $43.6B |
| Total Debt | $993M |
| Net Debt | -$616M |
