| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $248M | $223M | $221M | 11.4% | 12.4% |
| Op. Income | $123M | $104M | $89M | 18.2% | 38.0% |
| Gross Margin | 88.8% | 88.1% | 84.6% | 0.7pp | 4.2pp |
| Net Margin | 38.8% | 36.7% | 35.5% | 2.1pp | 3.2pp |
| EPS (Diluted) | $0.67 | $0.57 | $0.50 | 17.9% | 34.7% |
| Free Cash Flow | -$1.5B | $0 | $2.5B | — | -161.2% |
| Item | Amount |
|---|---|
| REVENUE | $248M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $221M |
| R&D Expenses | $40M |
| Selling & Marketing | $30M |
| General & Administrative | $27M |
| SG&A Expenses | $57M |
| Other Expenses | $0 |
| Operating Expenses | $97M |
| Cost & Expenses | $125M |
| OPERATING INCOME | $123M |
| Interest Income | $112M |
| Interest Expense | $6M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $110M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $96M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $96M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $96M |
| D&A | $4M |
| EBIT | $123M |
| EBITDA | $127M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $248M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $221M |
| R&D Expenses | $40M |
| Selling & Marketing | $30M |
| General & Administrative | $27M |
| SG&A Expenses | $57M |
| Other Expenses | $0 |
| Operating Expenses | $97M |
| Cost & Expenses | $125M |
| OPERATING INCOME | $123M |
| Interest Income | $112M |
| Interest Expense | $6M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $110M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $96M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $96M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $96M |
| D&A | $4M |
| EBIT | $123M |
| EBITDA | $127M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $96M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $30M |
| Change in Working Capital | -$1.7B |
| OPERATING CASH FLOW | -$1.5B |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $281M |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$767.8K |
| NET CASH FROM FINANCING | $271M |
| FREE CASH FLOW | -$1.5B |
| Net Change in Cash | -$1.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $877M |
| Short-Term Investments | $5M |
| Net Receivables | $4.7B |
| Inventory | $0 |
| Other Current Assets | $6.7B |
| TOTAL CURRENT ASSETS | $12.3B |
| PP&E (Net) | $45M |
| Goodwill | $0 |
| Intangible Assets | $7M |
| Long-Term Investments | $31M |
| Tax Assets | $7M |
| Other Non-Current Assets | $93M |
| TOTAL NON-CURRENT ASSETS | $182M |
| TOTAL ASSETS | $12.5B |
| Account Payables | $8.8B |
| Short-Term Debt | $836M |
| Deferred Revenue | $168.9K |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $9.8B |
| Long-Term Debt | $836M |
| Deferred Revenue NC | $632.6K |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | -$721M |
| TOTAL NON-CURRENT LIABILITIES | $131M |
| TOTAL LIABILITIES | $9.9B |
| Common Stock | $12.3K |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $781M |
| Treasury Stock | -$508M |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $12.5B |
| Total Debt | $1.7B |
| Net Debt | $823M |
