| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $726M | $725M | $441M | 0.2% | 64.5% |
| Op. Income | $168M | $157M | $62M | 6.8% | 171.2% |
| Gross Margin | 45.0% | 42.9% | 40.1% | 2.1pp | 4.9pp |
| Net Margin | 20.2% | 21.2% | 11.7% | -1.0pp | 8.5pp |
| EPS (Diluted) | $1.02 | $1.06 | $0.36 | -3.8% | 183.3% |
| Free Cash Flow | $224M | $237M | $90M | -5.7% | 148.4% |
| Item | Amount |
|---|---|
| REVENUE | $726M |
| Cost of Revenue | $400M |
| GROSS PROFIT | $326M |
| R&D Expenses | $57M |
| Selling & Marketing | $65M |
| General & Administrative | $36M |
| SG&A Expenses | $101M |
| Other Expenses | $693.0K |
| Operating Expenses | $159M |
| Cost & Expenses | $558M |
| OPERATING INCOME | $168M |
| Interest Income | $13M |
| Interest Expense | $2M |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | $179M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $147M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $147M |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $148M |
| D&A | $17M |
| EBIT | $181M |
| EBITDA | $198M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $726M |
| Cost of Revenue | $400M |
| GROSS PROFIT | $326M |
| R&D Expenses | $57M |
| Selling & Marketing | $65M |
| General & Administrative | $36M |
| SG&A Expenses | $101M |
| Other Expenses | $693.0K |
| Operating Expenses | $159M |
| Cost & Expenses | $558M |
| OPERATING INCOME | $168M |
| Interest Income | $13M |
| Interest Expense | $2M |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | $179M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $147M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $147M |
| Net Income Deductions | -$2M |
| BOTTOM LINE NET INCOME | $148M |
| D&A | $17M |
| EBIT | $181M |
| EBITDA | $198M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $147M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $60M |
| Deferred Income Tax | -$16M |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | $46M |
| OPERATING CASH FLOW | $246M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$695M |
| Sales/Maturities of Investments | $354M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$364M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$72M |
| NET CASH FROM FINANCING | -$72M |
| FREE CASH FLOW | $224M |
| Net Change in Cash | -$187M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $286M |
| Short-Term Investments | $1.5B |
| Net Receivables | $516M |
| Inventory | $151M |
| Other Current Assets | $68M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $155M |
| Goodwill | $214M |
| Intangible Assets | $93M |
| Long-Term Investments | $0 |
| Tax Assets | $223M |
| Other Non-Current Assets | $184M |
| TOTAL NON-CURRENT ASSETS | $868M |
| TOTAL ASSETS | $3.4B |
| Account Payables | $106M |
| Short-Term Debt | $92M |
| Deferred Revenue | $100M |
| Other Current Liabilities | $35M |
| TOTAL CURRENT LIABILITIES | $729M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $322M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $159M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $813M |
| Retained Earnings | $164M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $970M |
| Minority Interest | $0 |
| TOTAL EQUITY | $970M |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $1.3B |
| Net Debt | $1.0B |
