| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.8B | $2.5B | $1.8B | 12.4% | 55.1% |
| Op. Income | $828M | $813M | $684M | 1.8% | 21.1% |
| Gross Margin | 75.3% | 82.8% | 97.2% | -7.5pp | -21.9pp |
| Net Margin | 23.4% | 25.6% | 29.5% | -2.2pp | -6.1pp |
| EPS (Diluted) | $1.25 | $1.23 | $1.17 | 1.6% | 6.8% |
| Free Cash Flow | $1.5B | $2.9B | $1.0B | -50.1% | 40.0% |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $689M |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $47M |
| General & Administrative | $655M |
| SG&A Expenses | $702M |
| Other Expenses | $569M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $828M |
| Interest Income | $2.3B |
| Interest Expense | $557M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $828M |
| Income Tax Expense | $175M |
| Net Income from Continuing Ops | $653M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $653M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $621M |
| D&A | $117M |
| EBIT | $828M |
| EBITDA | $945M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $689M |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $47M |
| General & Administrative | $655M |
| SG&A Expenses | $702M |
| Other Expenses | $569M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $828M |
| Interest Income | $2.3B |
| Interest Expense | $557M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $828M |
| Income Tax Expense | $175M |
| Net Income from Continuing Ops | $653M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $653M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $621M |
| D&A | $117M |
| EBIT | $828M |
| EBITDA | $945M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $653M |
| Depreciation & Amortization | $117M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | -$67M |
| Other Non-Cash Items | $457M |
| Change in Working Capital | $265M |
| OPERATING CASH FLOW | $1.4B |
| Capital Expenditure | $15M |
| Acquisitions (Net) | -$20M |
| Purchases of Investments | -$1.0B |
| Sales/Maturities of Investments | $963M |
| Other Investing Activities | -$97M |
| NET CASH FROM INVESTING | -$158M |
| Net Debt Issuance | -$669M |
| Common Stock Repurchased | -$151M |
| Common Dividends Paid | -$210M |
| Other Financing Activities | $2.2B |
| NET CASH FROM FINANCING | $1.1B |
| FREE CASH FLOW | $1.5B |
| Net Change in Cash | $2.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.8B |
| Short-Term Investments | $23.7B |
| Net Receivables | $1.5B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $36.0B |
| PP&E (Net) | $844M |
| Goodwill | $8.2B |
| Intangible Assets | $197M |
| Long-Term Investments | $164.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $16.7B |
| TOTAL NON-CURRENT ASSETS | $190.7B |
| TOTAL ASSETS | $226.7B |
| Account Payables | $0 |
| Short-Term Debt | $3M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $180.7B |
| TOTAL CURRENT LIABILITIES | $180.7B |
| Long-Term Debt | $15.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6.4B |
| TOTAL NON-CURRENT LIABILITIES | $22.3B |
| TOTAL LIABILITIES | $203.0B |
| Common Stock | $6M |
| Additional Paid-In Capital | $22.1B |
| Retained Earnings | $9.2B |
| Treasury Stock | -$5.1B |
| Accum. Other Comp. Income | -$4.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $23.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $23.7B |
| TOTAL LIABILITIES & EQUITY | $226.7B |
| Total Debt | $15.9B |
| Net Debt | $5.0B |
