| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.1B | $1.8B | $1.7B | 14.9% | 19.9% |
| Op. Income | $743M | $661M | $468M | 12.4% | 58.8% |
| Gross Margin | 86.1% | 92.5% | 101.0% | -6.4pp | -14.9pp |
| Net Margin | 28.5% | 29.7% | 21.7% | -1.2pp | 6.8pp |
| EPS (Diluted) | $0.39 | $0.35 | $0.22 | 11.4% | 77.3% |
| Free Cash Flow | $804M | $925M | $519M | -13.1% | 54.9% |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $291M |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $24M |
| General & Administrative | $629M |
| SG&A Expenses | $653M |
| Other Expenses | $400M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $743M |
| Interest Income | $1.6B |
| Interest Expense | $185M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $743M |
| Income Tax Expense | $146M |
| Net Income from Continuing Ops | $597M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $594M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $565M |
| D&A | $148M |
| EBIT | $743M |
| EBITDA | $891M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $291M |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $24M |
| General & Administrative | $629M |
| SG&A Expenses | $653M |
| Other Expenses | $400M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $743M |
| Interest Income | $1.6B |
| Interest Expense | $185M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $743M |
| Income Tax Expense | $146M |
| Net Income from Continuing Ops | $597M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $594M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $565M |
| D&A | $148M |
| EBIT | $743M |
| EBITDA | $891M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $597M |
| Depreciation & Amortization | $148M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | $56M |
| Other Non-Cash Items | $121M |
| Change in Working Capital | -$95M |
| OPERATING CASH FLOW | $846M |
| Capital Expenditure | -$42M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.6B |
| Sales/Maturities of Investments | $1.5B |
| Other Investing Activities | -$992M |
| NET CASH FROM INVESTING | -$1.1B |
| Net Debt Issuance | $134M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$224M |
| Other Financing Activities | $881M |
| NET CASH FROM FINANCING | $763M |
| FREE CASH FLOW | $804M |
| Net Change in Cash | $468M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.6B |
| Short-Term Investments | $449M |
| Net Receivables | $6.4B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $11.5B |
| PP&E (Net) | $1.2B |
| Goodwill | $5.6B |
| Intangible Assets | $715M |
| Long-Term Investments | $152.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $8.5B |
| TOTAL NON-CURRENT ASSETS | $168.0B |
| TOTAL ASSETS | $179.4B |
| Account Payables | $0 |
| Short-Term Debt | $426M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $146.3B |
| TOTAL CURRENT LIABILITIES | $146.7B |
| Long-Term Debt | $10.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.3B |
| TOTAL NON-CURRENT LIABILITIES | $15.5B |
| TOTAL LIABILITIES | $162.2B |
| Common Stock | $14M |
| Additional Paid-In Capital | $15.3B |
| Retained Earnings | $3.0B |
| Treasury Stock | -$80M |
| Accum. Other Comp. Income | -$3.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $17.1B |
| Minority Interest | $35M |
| TOTAL EQUITY | $17.2B |
| TOTAL LIABILITIES & EQUITY | $179.4B |
| Total Debt | $10.6B |
| Net Debt | $6.0B |
