| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.4B | $2.1B | $1.5B | 18.6% | 60.0% |
| Op. Income | $700M | $740M | $434M | -5.3% | 61.5% |
| Gross Margin | 59.3% | 69.6% | 70.9% | -10.4pp | -11.6pp |
| Net Margin | 18.7% | 24.3% | 17.3% | -5.5pp | 1.4pp |
| EPS (Diluted) | $7.60 | $8.30 | $4.40 | -8.5% | 72.8% |
| Free Cash Flow | -$1.6B | -$2.6B | -$1.3B | 36.7% | -26.8% |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $994M |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $620M |
| SG&A Expenses | $620M |
| Other Expenses | $126M |
| Operating Expenses | $746M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $700M |
| Interest Income | $1.9B |
| Interest Expense | $665M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $700M |
| Income Tax Expense | $235M |
| Net Income from Continuing Ops | $466M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $457M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $457M |
| D&A | $0 |
| EBIT | $700M |
| EBITDA | $700M |
| EPS | $8 |
| EPS Diluted | $8 |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $994M |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $620M |
| SG&A Expenses | $620M |
| Other Expenses | $126M |
| Operating Expenses | $746M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $700M |
| Interest Income | $1.9B |
| Interest Expense | $665M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $700M |
| Income Tax Expense | $235M |
| Net Income from Continuing Ops | $466M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $457M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $457M |
| D&A | $0 |
| EBIT | $700M |
| EBITDA | $700M |
| EPS | $8 |
| EPS Diluted | $8 |
| Item | Amount |
|---|---|
| Net Income | $457M |
| Depreciation & Amortization | $68M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $623M |
| Change in Working Capital | -$2.6B |
| OPERATING CASH FLOW | -$1.5B |
| Capital Expenditure | -$160M |
| Acquisitions (Net) | -$229M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $80M |
| NET CASH FROM INVESTING | -$309M |
| Net Debt Issuance | $117M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$210M |
| Other Financing Activities | $1.6B |
| NET CASH FROM FINANCING | $1.5B |
| FREE CASH FLOW | -$1.6B |
| Net Change in Cash | $100M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.1B |
| Short-Term Investments | $0 |
| Net Receivables | $482M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.7B |
| PP&E (Net) | $2.1B |
| Goodwill | $2.6B |
| Intangible Assets | $153M |
| Long-Term Investments | $79.8B |
| Tax Assets | $244M |
| Other Non-Current Assets | $2.5B |
| TOTAL NON-CURRENT ASSETS | $87.4B |
| TOTAL ASSETS | $94.1B |
| Account Payables | $0 |
| Short-Term Debt | $609M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $66.8B |
| TOTAL CURRENT LIABILITIES | $67.4B |
| Long-Term Debt | $10.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $236M |
| Other Non-Current Liabilities | $5.1B |
| TOTAL NON-CURRENT LIABILITIES | $16.2B |
| TOTAL LIABILITIES | $83.6B |
| Common Stock | $135M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $2.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $6.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.2B |
| Minority Interest | $246M |
| TOTAL EQUITY | $10.5B |
| TOTAL LIABILITIES & EQUITY | $94.1B |
| Total Debt | $11.5B |
| Net Debt | $5.4B |
