Q4 2022 Earnings

Revenue

$16.3B-18.8% YoY

Gross Profit

$3.8B23.3% margin

Operating Income

$1.7B10.6% margin

Net Income

$1.3B8.2% margin

EPS (Diluted)

$1.66

QoQ Revenue Growth

-26.8%

Operating Cash Flow

$630M

Free Cash Flow

$630M

Stock-Based Comp.

Total Assets

$663.1B

Total Liabilities

$632.9B

Stockholders' Equity

$29.9B

Cash & Equivalents

$20.2B

Metric	Current	Year Ago	Change
Revenue	$16.3B	$20.1B	-18.8%
Gross Profit	$3.8B	$3.5B	+7.8%
Operating Income	$1.7B	$1.3B	+32.2%
Net Income	$1.3B	$1.2B	+11.5%

Vision fee for service arrangements

$139M27%

Prepaid legal plans and administrative-only contracts

$115M22%

Fee-based investment management services

$97M19%

Other revenue from service contracts from customers

$74M14%

Administrative Service

$61M12%

Distribution Service

$38M7%