| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.1B | $1.8B | $1.8B | 13.7% | 13.8% |
| Op. Income | $664M | $662M | $808M | 0.3% | -17.8% |
| Gross Margin | 82.8% | 92.3% | 102.0% | -9.5pp | -19.1pp |
| Net Margin | 26.1% | 29.1% | 35.3% | -3.1pp | -9.2pp |
| EPS (Diluted) | $0.55 | $0.54 | $0.65 | 1.9% | -15.4% |
| Free Cash Flow | $2.1B | -$114M | $916M | 1908.8% | 125.1% |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $357M |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $30M |
| General & Administrative | $679M |
| SG&A Expenses | $709M |
| Other Expenses | $350M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $664M |
| Interest Income | $1.4B |
| Interest Expense | $248M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $664M |
| Income Tax Expense | $124M |
| Net Income from Continuing Ops | $540M |
| Net Income from Discontinued Ops | $2M |
| Other Adjustments | $0 |
| NET INCOME | $542M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $515M |
| D&A | $26M |
| EBIT | $664M |
| EBITDA | $690M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $357M |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $30M |
| General & Administrative | $679M |
| SG&A Expenses | $709M |
| Other Expenses | $350M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $664M |
| Interest Income | $1.4B |
| Interest Expense | $248M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $664M |
| Income Tax Expense | $124M |
| Net Income from Continuing Ops | $540M |
| Net Income from Discontinued Ops | $2M |
| Other Adjustments | $0 |
| NET INCOME | $542M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $515M |
| D&A | $26M |
| EBIT | $664M |
| EBITDA | $690M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $542M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $30M |
| Deferred Income Tax | -$61M |
| Other Non-Cash Items | $1.8B |
| Change in Working Capital | -$259M |
| OPERATING CASH FLOW | $2.1B |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.5B |
| Sales/Maturities of Investments | -$885M |
| Other Investing Activities | -$3.8B |
| NET CASH FROM INVESTING | -$6.2B |
| Net Debt Issuance | $4.8B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$209M |
| Other Financing Activities | -$1.0B |
| NET CASH FROM FINANCING | $4.1B |
| FREE CASH FLOW | $2.1B |
| Net Change in Cash | $39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $717M |
| Short-Term Investments | $5.5B |
| Net Receivables | $3.8B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $10.1B |
| PP&E (Net) | $629M |
| Goodwill | $2.8B |
| Intangible Assets | $106M |
| Long-Term Investments | $161.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $15.0B |
| TOTAL NON-CURRENT ASSETS | $180.0B |
| TOTAL ASSETS | $190.1B |
| Account Payables | $0 |
| Short-Term Debt | $4.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $144.9B |
| TOTAL CURRENT LIABILITIES | $153.9B |
| Long-Term Debt | $22.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $22.8B |
| TOTAL LIABILITIES | $176.8B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $6.3B |
| Retained Earnings | $15.4B |
| Treasury Stock | -$5.9B |
| Accum. Other Comp. Income | -$6.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $13.3B |
| TOTAL LIABILITIES & EQUITY | $190.1B |
| Total Debt | $27.1B |
| Net Debt | $26.3B |
