| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $426M | $362M | $344M | 17.7% | 23.8% |
| Op. Income | $173M | $137M | $138M | 26.3% | 25.4% |
| Gross Margin | 86.4% | 91.2% | 93.6% | -4.8pp | -7.2pp |
| Net Margin | 32.4% | 30.1% | 32.3% | 2.3pp | 0.1pp |
| EPS (Diluted) | $0.38 | $0.30 | $0.34 | 26.7% | 11.8% |
| Free Cash Flow | $321M | $311M | $73M | 3.2% | 339.7% |
| Item | Amount |
|---|---|
| REVENUE | $426M |
| Cost of Revenue | $58M |
| GROSS PROFIT | $368M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $112M |
| SG&A Expenses | $115M |
| Other Expenses | $80M |
| Operating Expenses | $195M |
| Cost & Expenses | $253M |
| OPERATING INCOME | $173M |
| Interest Income | $343M |
| Interest Expense | $46M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $173M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $138M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $138M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $136M |
| D&A | $19M |
| EBIT | $173M |
| EBITDA | $192M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $426M |
| Cost of Revenue | $58M |
| GROSS PROFIT | $368M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $112M |
| SG&A Expenses | $115M |
| Other Expenses | $80M |
| Operating Expenses | $195M |
| Cost & Expenses | $253M |
| OPERATING INCOME | $173M |
| Interest Income | $343M |
| Interest Expense | $46M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $173M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $138M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $138M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $136M |
| D&A | $19M |
| EBIT | $173M |
| EBITDA | $192M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $138M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $206M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $349M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$355M |
| Sales/Maturities of Investments | $295M |
| Other Investing Activities | -$737M |
| NET CASH FROM INVESTING | -$825M |
| Net Debt Issuance | $352M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$43M |
| Other Financing Activities | $416M |
| NET CASH FROM FINANCING | $723M |
| FREE CASH FLOW | $321M |
| Net Change in Cash | $247M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.3B |
| Short-Term Investments | $3.4B |
| Net Receivables | $503M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.2B |
| PP&E (Net) | $421M |
| Goodwill | $2.4B |
| Intangible Assets | $52M |
| Long-Term Investments | $31.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.6B |
| TOTAL NON-CURRENT ASSETS | $36.4B |
| TOTAL ASSETS | $42.6B |
| Account Payables | $0 |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $33.9B |
| TOTAL CURRENT LIABILITIES | $35.2B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $837M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $37.2B |
| Common Stock | $4M |
| Additional Paid-In Capital | $4.6B |
| Retained Earnings | $1.3B |
| Treasury Stock | -$167M |
| Accum. Other Comp. Income | -$378M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.4B |
| TOTAL LIABILITIES & EQUITY | $42.6B |
| Total Debt | $2.5B |
| Net Debt | $178M |
