| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.8B | $2.3B | $1.5B | 17.5% | 79.1% |
| Op. Income | $1.0B | $848M | $600M | 19.2% | 68.5% |
| Gross Margin | 79.1% | 90.7% | 99.4% | -11.7pp | -20.3pp |
| Net Margin | 27.8% | 27.6% | 29.8% | 0.2pp | -2.0pp |
| EPS (Diluted) | $4.29 | $3.53 | $3.37 | 21.5% | 27.3% |
| Free Cash Flow | $866M | $1.1B | $635M | -21.1% | 36.4% |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $577M |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $33M |
| General & Administrative | $721M |
| SG&A Expenses | $754M |
| Other Expenses | $412M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $1.0B |
| Interest Income | $2.1B |
| Interest Expense | $245M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.0B |
| Income Tax Expense | $245M |
| Net Income from Continuing Ops | $765M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $765M |
| Net Income Deductions | -$5.0K |
| BOTTOM LINE NET INCOME | $739M |
| D&A | $101M |
| EBIT | $1.0B |
| EBITDA | $1.1B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $577M |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $33M |
| General & Administrative | $721M |
| SG&A Expenses | $754M |
| Other Expenses | $412M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $1.0B |
| Interest Income | $2.1B |
| Interest Expense | $245M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.0B |
| Income Tax Expense | $245M |
| Net Income from Continuing Ops | $765M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $765M |
| Net Income Deductions | -$5.0K |
| BOTTOM LINE NET INCOME | $739M |
| D&A | $101M |
| EBIT | $1.0B |
| EBITDA | $1.1B |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $765M |
| Depreciation & Amortization | $101M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $59M |
| Other Non-Cash Items | -$48M |
| Change in Working Capital | $75M |
| OPERATING CASH FLOW | $954M |
| Capital Expenditure | -$88M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.4B |
| Sales/Maturities of Investments | $815M |
| Other Investing Activities | -$3.0B |
| NET CASH FROM INVESTING | -$3.7B |
| Net Debt Issuance | $3.1B |
| Common Stock Repurchased | -$600M |
| Common Dividends Paid | -$205M |
| Other Financing Activities | -$339M |
| NET CASH FROM FINANCING | $2.0B |
| FREE CASH FLOW | $866M |
| Net Change in Cash | -$736M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26.5B |
| Short-Term Investments | $10.7B |
| Net Receivables | $2.6B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $39.9B |
| PP&E (Net) | $1.7B |
| Goodwill | $8.5B |
| Intangible Assets | $209M |
| Long-Term Investments | $141.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $8.9B |
| TOTAL NON-CURRENT ASSETS | $160.8B |
| TOTAL ASSETS | $200.7B |
| Account Payables | $4.4B |
| Short-Term Debt | $3.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $163.5B |
| TOTAL CURRENT LIABILITIES | $171.4B |
| Long-Term Debt | $4.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4.0B |
| TOTAL LIABILITIES | $175.4B |
| Common Stock | $91M |
| Additional Paid-In Capital | $10.0B |
| Retained Earnings | $15.8B |
| Treasury Stock | -$1.8B |
| Accum. Other Comp. Income | -$790M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $25.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $25.3B |
| TOTAL LIABILITIES & EQUITY | $200.7B |
| Total Debt | $7.5B |
| Net Debt | -$19.0B |
