| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $867M | $783M | $653M | 10.7% | 32.7% |
| Op. Income | $205M | $207M | $262M | -0.7% | -21.7% |
| Gross Margin | 70.6% | 74.1% | 97.0% | -3.5pp | -26.4pp |
| Net Margin | 18.3% | 32.8% | 32.4% | -14.5pp | -14.1pp |
| EPS (Diluted) | $2.22 | $3.56 | $2.69 | -37.6% | -17.5% |
| Free Cash Flow | $117M | $165M | $182M | -29.2% | -35.7% |
| Item | Amount |
|---|---|
| REVENUE | $867M |
| Cost of Revenue | $255M |
| GROSS PROFIT | $612M |
| R&D Expenses | $0 |
| Selling & Marketing | $19M |
| General & Administrative | $208M |
| SG&A Expenses | $226M |
| Other Expenses | $180M |
| Operating Expenses | $407M |
| Cost & Expenses | $662M |
| OPERATING INCOME | $205M |
| Interest Income | $739M |
| Interest Expense | $207M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $205M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $159M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $159M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $159M |
| D&A | $15M |
| EBIT | $205M |
| EBITDA | $220M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $867M |
| Cost of Revenue | $255M |
| GROSS PROFIT | $612M |
| R&D Expenses | $0 |
| Selling & Marketing | $19M |
| General & Administrative | $208M |
| SG&A Expenses | $226M |
| Other Expenses | $180M |
| Operating Expenses | $407M |
| Cost & Expenses | $662M |
| OPERATING INCOME | $205M |
| Interest Income | $739M |
| Interest Expense | $207M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $205M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $159M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $159M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $159M |
| D&A | $15M |
| EBIT | $205M |
| EBITDA | $220M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $159M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$38M |
| OPERATING CASH FLOW | $153M |
| Capital Expenditure | -$36M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4.5B |
| Sales/Maturities of Investments | $4.9B |
| Other Investing Activities | -$275M |
| NET CASH FROM INVESTING | $173M |
| Net Debt Issuance | $27M |
| Common Stock Repurchased | -$282.0K |
| Common Dividends Paid | -$40M |
| Other Financing Activities | -$322M |
| NET CASH FROM FINANCING | -$333M |
| FREE CASH FLOW | $117M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.6B |
| Short-Term Investments | $17.1B |
| Net Receivables | $1.9B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $25.7B |
| PP&E (Net) | $648M |
| Goodwill | $827M |
| Intangible Assets | $139M |
| Long-Term Investments | $39.0B |
| Tax Assets | $908M |
| Other Non-Current Assets | $462M |
| TOTAL NON-CURRENT ASSETS | $42.0B |
| TOTAL ASSETS | $67.7B |
| Account Payables | $124M |
| Short-Term Debt | $131M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $61.0B |
| TOTAL CURRENT LIABILITIES | $61.5B |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $234M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $63.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $4.0B |
| Treasury Stock | -$2.0B |
| Accum. Other Comp. Income | $2.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.5B |
| TOTAL LIABILITIES & EQUITY | $67.7B |
| Total Debt | $1.6B |
| Net Debt | -$5.0B |
