| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $639M | $578M | $599M | 10.5% | 6.6% |
| Op. Income | $254M | $221M | $246M | 14.8% | 3.3% |
| Gross Margin | 86.9% | 86.9% | 86.8% | -0.0pp | 0.1pp |
| Net Margin | 42.3% | 31.9% | 43.3% | 10.4pp | -1.1pp |
| EPS (Diluted) | $2.20 | $1.47 | $1.98 | 49.7% | 11.1% |
| Free Cash Flow | $242M | $236M | $311M | 2.5% | -22.1% |
| Item | Amount |
|---|---|
| REVENUE | $639M |
| Cost of Revenue | $84M |
| GROSS PROFIT | $555M |
| R&D Expenses | $91M |
| Selling & Marketing | $180M |
| General & Administrative | $30M |
| SG&A Expenses | $210M |
| Other Expenses | $0 |
| Operating Expenses | $301M |
| Cost & Expenses | $385M |
| OPERATING INCOME | $254M |
| Interest Income | $15M |
| Interest Expense | $0 |
| Other Income/Expenses | $15M |
| INCOME BEFORE TAX | $269M |
| Income Tax Expense | -$600.0K |
| Net Income from Continuing Ops | $270M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $270M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $270M |
| D&A | $10M |
| EBIT | $254M |
| EBITDA | $264M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $639M |
| Cost of Revenue | $84M |
| GROSS PROFIT | $555M |
| R&D Expenses | $91M |
| Selling & Marketing | $180M |
| General & Administrative | $30M |
| SG&A Expenses | $210M |
| Other Expenses | $0 |
| Operating Expenses | $301M |
| Cost & Expenses | $385M |
| OPERATING INCOME | $254M |
| Interest Income | $15M |
| Interest Expense | $0 |
| Other Income/Expenses | $15M |
| INCOME BEFORE TAX | $269M |
| Income Tax Expense | -$600.0K |
| Net Income from Continuing Ops | $270M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $270M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $270M |
| D&A | $10M |
| EBIT | $254M |
| EBITDA | $264M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $270M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $30M |
| Deferred Income Tax | -$100.0K |
| Other Non-Cash Items | $19M |
| Change in Working Capital | -$80M |
| OPERATING CASH FLOW | $249M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $64M |
| NET CASH FROM INVESTING | $58M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$325M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $20M |
| NET CASH FROM FINANCING | -$305M |
| FREE CASH FLOW | $242M |
| Net Change in Cash | -$3.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $196M |
| Short-Term Investments | $1.4B |
| Net Receivables | $644M |
| Inventory | $0 |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $83M |
| Goodwill | $1.2B |
| Intangible Assets | $59M |
| Long-Term Investments | $1.9B |
| Tax Assets | $78M |
| Other Non-Current Assets | $72M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $5.7B |
| Account Payables | $30M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.4B |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $514M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $442M |
| TOTAL NON-CURRENT LIABILITIES | $956M |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $800.0K |
| Additional Paid-In Capital | $2.5B |
| Retained Earnings | $12.3B |
| Treasury Stock | -$11.8B |
| Accum. Other Comp. Income | -$98M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $5.7B |
| Total Debt | $0 |
| Net Debt | -$196M |
