| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $698M | $686M | 49.7% | 52.3% |
| Op. Income | $490M | $276M | $332M | 77.9% | 47.9% |
| Gross Margin | 89.4% | 93.2% | 103.0% | -3.9pp | -13.6pp |
| Net Margin | 40.4% | 30.3% | 36.1% | 10.1pp | 4.3pp |
| EPS (Diluted) | $5.70 | $2.77 | $3.09 | 105.8% | 84.5% |
| Free Cash Flow | $294M | $270M | $204M | 9.0% | 43.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $111M |
| GROSS PROFIT | $934M |
| R&D Expenses | $0 |
| Selling & Marketing | $24M |
| General & Administrative | $200M |
| SG&A Expenses | $225M |
| Other Expenses | $219M |
| Operating Expenses | $444M |
| Cost & Expenses | $555M |
| OPERATING INCOME | $490M |
| Interest Income | $651M |
| Interest Expense | $72M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $490M |
| Income Tax Expense | $68M |
| Net Income from Continuing Ops | $422M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $422M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $422M |
| D&A | $15M |
| EBIT | $490M |
| EBITDA | $505M |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $111M |
| GROSS PROFIT | $934M |
| R&D Expenses | $0 |
| Selling & Marketing | $24M |
| General & Administrative | $200M |
| SG&A Expenses | $225M |
| Other Expenses | $219M |
| Operating Expenses | $444M |
| Cost & Expenses | $555M |
| OPERATING INCOME | $490M |
| Interest Income | $651M |
| Interest Expense | $72M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $490M |
| Income Tax Expense | $68M |
| Net Income from Continuing Ops | $422M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $422M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $422M |
| D&A | $15M |
| EBIT | $490M |
| EBITDA | $505M |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| Net Income | $422M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $13M |
| Other Non-Cash Items | -$258M |
| Change in Working Capital | $128M |
| OPERATING CASH FLOW | $322M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$9.6B |
| Sales/Maturities of Investments | $12.2B |
| Other Investing Activities | -$901M |
| NET CASH FROM INVESTING | $1.6B |
| Net Debt Issuance | $249M |
| Common Stock Repurchased | -$231M |
| Common Dividends Paid | -$42M |
| Other Financing Activities | -$417M |
| NET CASH FROM FINANCING | -$440M |
| FREE CASH FLOW | $294M |
| Net Change in Cash | $1.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.0B |
| Short-Term Investments | $28.1B |
| Net Receivables | $1.8B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $36.1B |
| PP&E (Net) | $631M |
| Goodwill | $827M |
| Intangible Assets | $144M |
| Long-Term Investments | $31.7B |
| Tax Assets | $907M |
| Other Non-Current Assets | $502M |
| TOTAL NON-CURRENT ASSETS | $34.6B |
| TOTAL ASSETS | $70.7B |
| Account Payables | $114M |
| Short-Term Debt | $421M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $64.8B |
| TOTAL CURRENT LIABILITIES | $65.7B |
| Long-Term Debt | $889M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $272M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $67.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $4.7B |
| Retained Earnings | $3.7B |
| Treasury Stock | -$2.0B |
| Accum. Other Comp. Income | -$2.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.7B |
| TOTAL LIABILITIES & EQUITY | $70.7B |
| Total Debt | $1.5B |
| Net Debt | -$4.5B |
