| Metric | Q3 2023 | Q2 2023 | Q3 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.6B | $2.6B | $2.1B | 2.7% | 27.3% |
| Op. Income | $367M | $344M | $664M | 6.7% | -44.7% |
| Gross Margin | 54.3% | 53.5% | 82.8% | 0.9pp | -28.5pp |
| Net Margin | 11.4% | 11.1% | 26.1% | 0.3pp | -14.6pp |
| EPS (Diluted) | $0.29 | $0.27 | $0.55 | 7.4% | -47.3% |
| Free Cash Flow | $541M | $532M | $2.1B | 1.7% | -73.8% |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $28M |
| General & Administrative | $681M |
| SG&A Expenses | $709M |
| Other Expenses | $363M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | $367M |
| Interest Income | $2.0B |
| Interest Expense | $1.1B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $367M |
| Income Tax Expense | $65M |
| Net Income from Continuing Ops | $302M |
| Net Income from Discontinued Ops | $1M |
| Other Adjustments | $0 |
| NET INCOME | $303M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $267M |
| D&A | $39M |
| EBIT | $367M |
| EBITDA | $406M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $28M |
| General & Administrative | $681M |
| SG&A Expenses | $709M |
| Other Expenses | $363M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | $367M |
| Interest Income | $2.0B |
| Interest Expense | $1.1B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $367M |
| Income Tax Expense | $65M |
| Net Income from Continuing Ops | $302M |
| Net Income from Discontinued Ops | $1M |
| Other Adjustments | $0 |
| NET INCOME | $303M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $267M |
| D&A | $39M |
| EBIT | $367M |
| EBITDA | $406M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $303M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $27M |
| Deferred Income Tax | -$65M |
| Other Non-Cash Items | $490M |
| Change in Working Capital | -$228M |
| OPERATING CASH FLOW | $566M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $318M |
| Sales/Maturities of Investments | $2.4B |
| Other Investing Activities | $3.5B |
| NET CASH FROM INVESTING | $6.2B |
| Net Debt Issuance | -$5.7B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$227M |
| Other Financing Activities | -$841M |
| NET CASH FROM FINANCING | -$6.8B |
| FREE CASH FLOW | $541M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $766M |
| Short-Term Investments | $14.0B |
| Net Receivables | $3.6B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $18.5B |
| PP&E (Net) | $649M |
| Goodwill | $2.8B |
| Intangible Assets | $65M |
| Long-Term Investments | $151.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $14.5B |
| TOTAL NON-CURRENT ASSETS | $169.4B |
| TOTAL ASSETS | $187.9B |
| Account Payables | $0 |
| Short-Term Debt | $43M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $144.3B |
| TOTAL CURRENT LIABILITIES | $144.3B |
| Long-Term Debt | $24.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.4B |
| TOTAL NON-CURRENT LIABILITIES | $30.2B |
| TOTAL LIABILITIES | $174.5B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $6.3B |
| Retained Earnings | $15.8B |
| Treasury Stock | -$5.9B |
| Accum. Other Comp. Income | -$6.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $13.4B |
| TOTAL LIABILITIES & EQUITY | $187.9B |
| Total Debt | $24.8B |
| Net Debt | $24.1B |
