| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | $2.2B | $2.1B | 7.9% | 11.4% |
| Op. Income | $456M | $340M | $164M | 34.2% | 178.8% |
| Gross Margin | 32.1% | 29.1% | 20.7% | 3.0pp | 11.4pp |
| Net Margin | 13.7% | 10.7% | 5.2% | 2.9pp | 8.5pp |
| EPS (Diluted) | $3.93 | $2.86 | $1.32 | 37.4% | 197.7% |
| Free Cash Flow | -$251M | $2.0B | $177M | -112.3% | -241.5% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $748M |
| R&D Expenses | $0 |
| Selling & Marketing | $80M |
| General & Administrative | $96M |
| SG&A Expenses | $176M |
| Other Expenses | $115M |
| Operating Expenses | $292M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $456M |
| Interest Income | $37M |
| Interest Expense | $37M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $419M |
| Income Tax Expense | $100M |
| Net Income from Continuing Ops | $319M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $319M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $319M |
| D&A | $77M |
| EBIT | $456M |
| EBITDA | $533M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $748M |
| R&D Expenses | $0 |
| Selling & Marketing | $80M |
| General & Administrative | $96M |
| SG&A Expenses | $176M |
| Other Expenses | $115M |
| Operating Expenses | $292M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $456M |
| Interest Income | $37M |
| Interest Expense | $37M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $419M |
| Income Tax Expense | $100M |
| Net Income from Continuing Ops | $319M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $319M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $319M |
| D&A | $77M |
| EBIT | $456M |
| EBITDA | $533M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $319M |
| Depreciation & Amortization | $77M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$93M |
| Other Non-Cash Items | $83M |
| Change in Working Capital | -$576M |
| OPERATING CASH FLOW | -$177M |
| Capital Expenditure | -$74M |
| Acquisitions (Net) | -$21M |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$99M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$150M |
| Common Dividends Paid | -$20M |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | -$167M |
| FREE CASH FLOW | -$251M |
| Net Change in Cash | -$442M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $848M |
| Short-Term Investments | $37M |
| Net Receivables | $2.4B |
| Inventory | $0 |
| Other Current Assets | $2.3B |
| TOTAL CURRENT ASSETS | $5.7B |
| PP&E (Net) | $873M |
| Goodwill | $1.6B |
| Intangible Assets | $428M |
| Long-Term Investments | $138M |
| Tax Assets | $99M |
| Other Non-Current Assets | $565M |
| TOTAL NON-CURRENT ASSETS | $3.7B |
| TOTAL ASSETS | $9.5B |
| Account Payables | $3.3B |
| Short-Term Debt | $0 |
| Deferred Revenue | $138M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.6B |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $138M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $595M |
| TOTAL NON-CURRENT LIABILITIES | $3.7B |
| TOTAL LIABILITIES | $7.3B |
| Common Stock | $130.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $3.1B |
| Treasury Stock | -$2.8B |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $9.5B |
| Total Debt | $2.9B |
| Net Debt | $2.1B |
