| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.3B | $4.3B | $3.6B | 0.7% | 18.5% |
| Op. Income | $920M | $998M | $884M | -7.8% | 4.1% |
| Gross Margin | 31.0% | 32.8% | 34.8% | -1.8pp | -3.8pp |
| Net Margin | 17.6% | 18.2% | 19.3% | -0.6pp | -1.7pp |
| EPS (Diluted) | $0.18 | $0.18 | $0.16 | 0.0% | 12.5% |
| Free Cash Flow | $761M | $719M | $799M | 5.8% | -4.8% |
| Item | Amount |
|---|---|
| REVENUE | $4.3B |
| Cost of Revenue | $3.0B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $31M |
| General & Administrative | $332M |
| SG&A Expenses | $363M |
| Other Expenses | $42M |
| Operating Expenses | $405M |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $920M |
| Interest Income | $55M |
| Interest Expense | $7M |
| Other Income/Expenses | $78M |
| INCOME BEFORE TAX | $998M |
| Income Tax Expense | $245M |
| Net Income from Continuing Ops | $753M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $752M |
| Net Income Deductions | -$4M |
| BOTTOM LINE NET INCOME | $756M |
| D&A | $118M |
| EBIT | $920M |
| EBITDA | $1.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.3B |
| Cost of Revenue | $3.0B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $31M |
| General & Administrative | $332M |
| SG&A Expenses | $363M |
| Other Expenses | $42M |
| Operating Expenses | $405M |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $920M |
| Interest Income | $55M |
| Interest Expense | $7M |
| Other Income/Expenses | $78M |
| INCOME BEFORE TAX | $998M |
| Income Tax Expense | $245M |
| Net Income from Continuing Ops | $753M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $752M |
| Net Income Deductions | -$4M |
| BOTTOM LINE NET INCOME | $756M |
| D&A | $118M |
| EBIT | $920M |
| EBITDA | $1.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $753M |
| Depreciation & Amortization | $118M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $245M |
| Other Non-Cash Items | -$264M |
| Change in Working Capital | -$22M |
| OPERATING CASH FLOW | $845M |
| Capital Expenditure | -$84M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.6B |
| Sales/Maturities of Investments | $2.0B |
| Other Investing Activities | $28M |
| NET CASH FROM INVESTING | -$607M |
| Net Debt Issuance | -$39M |
| Common Stock Repurchased | $2M |
| Common Dividends Paid | $3M |
| Other Financing Activities | -$16M |
| NET CASH FROM FINANCING | -$49M |
| FREE CASH FLOW | $761M |
| Net Change in Cash | $160M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.3B |
| Short-Term Investments | $924M |
| Net Receivables | $4.9B |
| Inventory | $0 |
| Other Current Assets | $187M |
| TOTAL CURRENT ASSETS | $8.9B |
| PP&E (Net) | $2.4B |
| Goodwill | $817M |
| Intangible Assets | $225M |
| Long-Term Investments | $1.9B |
| Tax Assets | $160M |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $6.7B |
| TOTAL ASSETS | $15.6B |
| Account Payables | $547M |
| Short-Term Debt | $0 |
| Deferred Revenue | $835M |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $4.4B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $9M |
| Deferred Tax Liabilities | $153M |
| Other Non-Current Liabilities | $359M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $5.6B |
| Common Stock | $328M |
| Additional Paid-In Capital | $358M |
| Retained Earnings | $11.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1.2B |
| Other Equity | -$3.6B |
| TOTAL STOCKHOLDERS' EQUITY | $9.9B |
| Minority Interest | $53M |
| TOTAL EQUITY | $10.0B |
| TOTAL LIABILITIES & EQUITY | $15.6B |
| Total Debt | $722M |
| Net Debt | -$1.6B |
