| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.9B | $6.3B | $5.4B | 8.2% | 26.6% |
| Op. Income | $38M | $332M | $224M | -88.6% | -83.0% |
| Gross Margin | 73.1% | 74.6% | 74.3% | -1.4pp | -1.1pp |
| Net Margin | 6.8% | 8.4% | 19.9% | -1.6pp | -13.1pp |
| EPS (Diluted) | $0.47 | $0.56 | $1.15 | -16.1% | -59.1% |
| Free Cash Flow | $238M | $173M | $215M | 37.6% | 10.7% |
| Item | Amount |
|---|---|
| REVENUE | $6.9B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $5.0B |
| R&D Expenses | $1.2B |
| Selling & Marketing | $3.1B |
| General & Administrative | $667M |
| SG&A Expenses | $3.8B |
| Other Expenses | $0 |
| Operating Expenses | $5.0B |
| Cost & Expenses | $6.8B |
| OPERATING INCOME | $38M |
| Interest Income | $0 |
| Interest Expense | $72M |
| Other Income/Expenses | $261M |
| INCOME BEFORE TAX | $299M |
| Income Tax Expense | -$169M |
| Net Income from Continuing Ops | $468M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $468M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $468M |
| D&A | $963M |
| EBIT | $38M |
| EBITDA | $1.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $6.9B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $5.0B |
| R&D Expenses | $1.2B |
| Selling & Marketing | $3.1B |
| General & Administrative | $667M |
| SG&A Expenses | $3.8B |
| Other Expenses | $0 |
| Operating Expenses | $5.0B |
| Cost & Expenses | $6.8B |
| OPERATING INCOME | $38M |
| Interest Income | $0 |
| Interest Expense | $72M |
| Other Income/Expenses | $261M |
| INCOME BEFORE TAX | $299M |
| Income Tax Expense | -$169M |
| Net Income from Continuing Ops | $468M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $468M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $468M |
| D&A | $963M |
| EBIT | $38M |
| EBITDA | $1.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $468M |
| Depreciation & Amortization | $963M |
| Stock-Based Compensation | $812M |
| Deferred Income Tax | -$363M |
| Other Non-Cash Items | $344M |
| Change in Working Capital | -$1.8B |
| OPERATING CASH FLOW | $404M |
| Capital Expenditure | -$166M |
| Acquisitions (Net) | -$35M |
| Purchases of Investments | -$2.3B |
| Sales/Maturities of Investments | $1.6B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$976M |
| Net Debt Issuance | -$1.4B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $430M |
| NET CASH FROM FINANCING | -$970M |
| FREE CASH FLOW | $238M |
| Net Change in Cash | -$1.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.8B |
| Short-Term Investments | $4.6B |
| Net Receivables | $4.0B |
| Inventory | $0 |
| Other Current Assets | $1.2B |
| TOTAL CURRENT ASSETS | $16.0B |
| PP&E (Net) | $5.7B |
| Goodwill | $48.0B |
| Intangible Assets | $9.5B |
| Long-Term Investments | $4.0B |
| Tax Assets | $2.5B |
| Other Non-Current Assets | $1.9B |
| TOTAL NON-CURRENT ASSETS | $71.5B |
| TOTAL ASSETS | $87.4B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $10.1B |
| Other Current Liabilities | $4.2B |
| TOTAL CURRENT LIABILITIES | $15.0B |
| Long-Term Debt | $10.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.0B |
| TOTAL NON-CURRENT LIABILITIES | $15.3B |
| TOTAL LIABILITIES | $30.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $49.8B |
| Retained Earnings | $7.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$122M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $57.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $57.1B |
| TOTAL LIABILITIES & EQUITY | $87.4B |
| Total Debt | $14.0B |
| Net Debt | $9.2B |
