| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $889M | $537M | $538M | 65.4% | 65.2% |
| Op. Income | $249M | $157M | $158M | 58.4% | 57.3% |
| Gross Margin | 38.2% | 38.0% | 36.8% | 0.2pp | 1.4pp |
| Net Margin | 19.5% | 21.0% | 22.0% | -1.5pp | -2.5pp |
| EPS (Diluted) | $2.54 | $1.65 | $1.71 | 53.9% | 48.5% |
| Free Cash Flow | $547M | $209M | $304M | 161.6% | 79.9% |
| Item | Amount |
|---|---|
| REVENUE | $889M |
| Cost of Revenue | $549M |
| GROSS PROFIT | $339M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $41M |
| SG&A Expenses | $41M |
| Other Expenses | $49M |
| Operating Expenses | $90M |
| Cost & Expenses | $640M |
| OPERATING INCOME | $249M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$253.0K |
| INCOME BEFORE TAX | $249M |
| Income Tax Expense | $75M |
| Net Income from Continuing Ops | $174M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $174M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $174M |
| D&A | $20M |
| EBIT | $249M |
| EBITDA | $269M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $889M |
| Cost of Revenue | $549M |
| GROSS PROFIT | $339M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $41M |
| SG&A Expenses | $41M |
| Other Expenses | $49M |
| Operating Expenses | $90M |
| Cost & Expenses | $640M |
| OPERATING INCOME | $249M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$253.0K |
| INCOME BEFORE TAX | $249M |
| Income Tax Expense | $75M |
| Net Income from Continuing Ops | $174M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $174M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $174M |
| D&A | $20M |
| EBIT | $249M |
| EBITDA | $269M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $174M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $14M |
| Change in Working Capital | $330M |
| OPERATING CASH FLOW | $552M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$305M |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$779.0K |
| NET CASH FROM INVESTING | -$311M |
| Net Debt Issuance | -$173.0K |
| Common Stock Repurchased | -$70M |
| Common Dividends Paid | -$28M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$102M |
| FREE CASH FLOW | $547M |
| Net Change in Cash | $136M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $282M |
| Inventory | $0 |
| Other Current Assets | $373.0K |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $214M |
| Goodwill | $1.1B |
| Intangible Assets | $263M |
| Long-Term Investments | $40M |
| Tax Assets | $40M |
| Other Non-Current Assets | $65M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $123M |
| Short-Term Debt | $0 |
| Deferred Revenue | $27M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $539.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $133M |
| TOTAL NON-CURRENT LIABILITIES | $322M |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $68.0K |
| Additional Paid-In Capital | $669M |
| Retained Earnings | $887M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$26M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $188M |
| Net Debt | -$871M |
