| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $901M | $884M | $789M | 2.0% | 14.2% |
| Op. Income | $375M | $369M | $318M | 1.6% | 18.1% |
| Gross Margin | 77.3% | 77.2% | 77.9% | 0.1pp | -0.7pp |
| Net Margin | 23.8% | 25.5% | 27.6% | -1.7pp | -3.8pp |
| EPS (Diluted) | $2.88 | $3.03 | $2.75 | -5.0% | 4.7% |
| Free Cash Flow | $841M | $272M | -$144M | 208.7% | 685.4% |
| Item | Amount |
|---|---|
| REVENUE | $901M |
| Cost of Revenue | $205M |
| GROSS PROFIT | $696M |
| R&D Expenses | $0 |
| Selling & Marketing | $82M |
| General & Administrative | $155M |
| SG&A Expenses | $236M |
| Other Expenses | $85M |
| Operating Expenses | $321M |
| Cost & Expenses | $526M |
| OPERATING INCOME | $375M |
| Interest Income | $0 |
| Interest Expense | $80M |
| Other Income/Expenses | -$80M |
| INCOME BEFORE TAX | $295M |
| Income Tax Expense | $80M |
| Net Income from Continuing Ops | $215M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $215M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $215M |
| D&A | $84M |
| EBIT | $375M |
| EBITDA | $459M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $901M |
| Cost of Revenue | $205M |
| GROSS PROFIT | $696M |
| R&D Expenses | $0 |
| Selling & Marketing | $82M |
| General & Administrative | $155M |
| SG&A Expenses | $236M |
| Other Expenses | $85M |
| Operating Expenses | $321M |
| Cost & Expenses | $526M |
| OPERATING INCOME | $375M |
| Interest Income | $0 |
| Interest Expense | $80M |
| Other Income/Expenses | -$80M |
| INCOME BEFORE TAX | $295M |
| Income Tax Expense | $80M |
| Net Income from Continuing Ops | $215M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $215M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $215M |
| D&A | $84M |
| EBIT | $375M |
| EBITDA | $459M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $215M |
| Depreciation & Amortization | $84M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | -$499.0K |
| Other Non-Cash Items | $42M |
| Change in Working Capital | $511M |
| OPERATING CASH FLOW | $878M |
| Capital Expenditure | -$37M |
| Acquisitions (Net) | -$127M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$159M |
| Net Debt Issuance | -$242M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $264.0K |
| NET CASH FROM FINANCING | -$218M |
| FREE CASH FLOW | $841M |
| Net Change in Cash | $530M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $0 |
| Net Receivables | $2.4B |
| Inventory | $0 |
| Other Current Assets | $2.7B |
| TOTAL CURRENT ASSETS | $6.4B |
| PP&E (Net) | $310M |
| Goodwill | $5.4B |
| Intangible Assets | $2.2B |
| Long-Term Investments | $68M |
| Tax Assets | $0 |
| Other Non-Current Assets | $273M |
| TOTAL NON-CURRENT ASSETS | $8.2B |
| TOTAL ASSETS | $14.6B |
| Account Payables | $1.9B |
| Short-Term Debt | $2.1B |
| Deferred Revenue | $1.5B |
| Other Current Liabilities | $313M |
| TOTAL CURRENT LIABILITIES | $6.2B |
| Long-Term Debt | $4.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $545M |
| Other Non-Current Liabilities | $257M |
| TOTAL NON-CURRENT LIABILITIES | $5.5B |
| TOTAL LIABILITIES | $11.7B |
| Common Stock | $128.0K |
| Additional Paid-In Capital | $3.1B |
| Retained Earnings | $7.4B |
| Treasury Stock | -$6.2B |
| Accum. Other Comp. Income | -$1.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $14.6B |
| Total Debt | $6.8B |
| Net Debt | $5.5B |
