| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.3B | $3.1B | $3.0B | 5.9% | 6.9% |
| Op. Income | $568M | -$401M | $500M | 241.6% | 13.6% |
| Gross Margin | 24.4% | -6.2% | 20.6% | 30.6pp | 3.7pp |
| Net Margin | 15.2% | -10.4% | 14.1% | 25.6pp | 1.1pp |
| EPS (Diluted) | $12.72 | $-8.22 | $10.99 | 254.7% | 15.7% |
| Free Cash Flow | $1.0B | $1.1B | $1.0B | -9.2% | -2.7% |
| Item | Amount |
|---|---|
| REVENUE | $3.3B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $793M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $209M |
| Operating Expenses | $225M |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $568M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $568M |
| Income Tax Expense | $72M |
| Net Income from Continuing Ops | $496M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $496M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $489M |
| D&A | $0 |
| EBIT | $595M |
| EBITDA | $595M |
| EPS | $13 |
| EPS Diluted | $13 |
| Item | Amount |
|---|---|
| REVENUE | $3.3B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $793M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | $209M |
| Operating Expenses | $225M |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $568M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $568M |
| Income Tax Expense | $72M |
| Net Income from Continuing Ops | $496M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $496M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $489M |
| D&A | $0 |
| EBIT | $595M |
| EBITDA | $595M |
| EPS | $13 |
| EPS Diluted | $13 |
| Item | Amount |
|---|---|
| Net Income | $496M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$17M |
| Change in Working Capital | $526M |
| OPERATING CASH FLOW | $1.0B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$994M |
| Sales/Maturities of Investments | $1.5B |
| Other Investing Activities | -$1.7B |
| NET CASH FROM INVESTING | -$1.2B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$64M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$67M |
| FREE CASH FLOW | $1.0B |
| Net Change in Cash | -$281M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $10.4B |
| Net Receivables | $6.3B |
| Inventory | $0 |
| Other Current Assets | -$18.8B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $24.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$24.4B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $40.0B |
| Account Payables | $567M |
| Short-Term Debt | $2.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$2.9B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $3.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$3.1B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $31.5B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $12.0B |
| Treasury Stock | -$3.9B |
| Accum. Other Comp. Income | -$2.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $8.4B |
| TOTAL LIABILITIES & EQUITY | $40.0B |
| Total Debt | $5.4B |
| Net Debt | $4.0B |
