| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | $2.1B | $1.9B | 10.8% | 18.6% |
| Op. Income | $470M | $664M | $768M | -29.2% | -38.8% |
| Gross Margin | 67.9% | 82.8% | 96.2% | -15.0pp | -28.3pp |
| Net Margin | 17.1% | 26.1% | 32.4% | -9.0pp | -15.3pp |
| EPS (Diluted) | $0.38 | $0.55 | $0.65 | -30.9% | -41.5% |
| Free Cash Flow | $1.6B | $2.1B | -$45M | -24.8% | 3544.4% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $740M |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $31M |
| General & Administrative | $686M |
| SG&A Expenses | $717M |
| Other Expenses | $377M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $470M |
| Interest Income | $1.7B |
| Interest Expense | $475M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $470M |
| Income Tax Expense | $76M |
| Net Income from Continuing Ops | $394M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $394M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $356M |
| D&A | $37M |
| EBIT | $470M |
| EBITDA | $507M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $740M |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $31M |
| General & Administrative | $686M |
| SG&A Expenses | $717M |
| Other Expenses | $377M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $470M |
| Interest Income | $1.7B |
| Interest Expense | $475M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $470M |
| Income Tax Expense | $76M |
| Net Income from Continuing Ops | $394M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $394M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $356M |
| D&A | $37M |
| EBIT | $470M |
| EBITDA | $507M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $394M |
| Depreciation & Amortization | $37M |
| Stock-Based Compensation | $31M |
| Deferred Income Tax | -$65M |
| Other Non-Cash Items | $949M |
| Change in Working Capital | $239M |
| OPERATING CASH FLOW | $1.6B |
| Capital Expenditure | -$35M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.0B |
| Sales/Maturities of Investments | $3.6B |
| Other Investing Activities | -$3.2B |
| NET CASH FROM INVESTING | -$583M |
| Net Debt Issuance | $1.7B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$228M |
| Other Financing Activities | -$2.3B |
| NET CASH FROM FINANCING | -$832M |
| FREE CASH FLOW | $1.6B |
| Net Change in Cash | $170M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $887M |
| Short-Term Investments | $41.5B |
| Net Receivables | $3.9B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $46.3B |
| PP&E (Net) | $636M |
| Goodwill | $2.8B |
| Intangible Assets | $94M |
| Long-Term Investments | $125.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $14.4B |
| TOTAL NON-CURRENT ASSETS | $143.5B |
| TOTAL ASSETS | $189.8B |
| Account Payables | $0 |
| Short-Term Debt | $9.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $142.6B |
| TOTAL CURRENT LIABILITIES | $157.1B |
| Long-Term Debt | $19.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $19.3B |
| TOTAL LIABILITIES | $176.4B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $6.3B |
| Retained Earnings | $15.6B |
| Treasury Stock | -$5.9B |
| Accum. Other Comp. Income | -$6.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $13.5B |
| TOTAL LIABILITIES & EQUITY | $189.8B |
| Total Debt | $28.8B |
| Net Debt | $27.9B |
