| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $783M | $1.0B | $695M | -25.1% | 12.7% |
| Op. Income | $207M | $490M | $282M | -57.8% | -26.6% |
| Gross Margin | 74.1% | 89.4% | 99.3% | -15.3pp | -25.2pp |
| Net Margin | 32.8% | 40.4% | 29.6% | -7.6pp | 3.2pp |
| EPS (Diluted) | $3.56 | $5.70 | $2.58 | -37.5% | 38.0% |
| Free Cash Flow | $165M | $294M | $285M | -43.8% | -42.1% |
| Item | Amount |
|---|---|
| REVENUE | $783M |
| Cost of Revenue | $203M |
| GROSS PROFIT | $580M |
| R&D Expenses | $0 |
| Selling & Marketing | $28M |
| General & Administrative | -$9M |
| SG&A Expenses | $19M |
| Other Expenses | $354M |
| Operating Expenses | $373M |
| Cost & Expenses | $576M |
| OPERATING INCOME | $207M |
| Interest Income | $713M |
| Interest Expense | $154M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $207M |
| Income Tax Expense | -$50M |
| Net Income from Continuing Ops | $257M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $257M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $257M |
| D&A | $15M |
| EBIT | $207M |
| EBITDA | $221M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $783M |
| Cost of Revenue | $203M |
| GROSS PROFIT | $580M |
| R&D Expenses | $0 |
| Selling & Marketing | $28M |
| General & Administrative | -$9M |
| SG&A Expenses | $19M |
| Other Expenses | $354M |
| Operating Expenses | $373M |
| Cost & Expenses | $576M |
| OPERATING INCOME | $207M |
| Interest Income | $713M |
| Interest Expense | $154M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $207M |
| Income Tax Expense | -$50M |
| Net Income from Continuing Ops | $257M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $257M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $257M |
| D&A | $15M |
| EBIT | $207M |
| EBITDA | $221M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $257M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$84M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $201M |
| Capital Expenditure | -$36M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4.1B |
| Sales/Maturities of Investments | $6.5B |
| Other Investing Activities | -$530M |
| NET CASH FROM INVESTING | $1.8B |
| Net Debt Issuance | $112M |
| Common Stock Repurchased | -$144.0K |
| Common Dividends Paid | -$40M |
| Other Financing Activities | -$3.6B |
| NET CASH FROM FINANCING | -$3.5B |
| FREE CASH FLOW | $165M |
| Net Change in Cash | -$1.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.1B |
| Short-Term Investments | $17.7B |
| Net Receivables | $460M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $24.4B |
| PP&E (Net) | $643M |
| Goodwill | $827M |
| Intangible Assets | $141M |
| Long-Term Investments | $40.3B |
| Tax Assets | $954M |
| Other Non-Current Assets | $459M |
| TOTAL NON-CURRENT ASSETS | $43.3B |
| TOTAL ASSETS | $67.6B |
| Account Payables | $125M |
| Short-Term Debt | $528M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $61.2B |
| TOTAL CURRENT LIABILITIES | $62.2B |
| Long-Term Debt | $887M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $239M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $63.5B |
| Common Stock | $1M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $3.8B |
| Treasury Stock | -$2.0B |
| Accum. Other Comp. Income | $2.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $67.6B |
| Total Debt | $1.6B |
| Net Debt | -$4.5B |
