| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $487M | $443M | $217M | 9.8% | 124.9% |
| Op. Income | $179M | $140M | $89M | 27.9% | 100.2% |
| Gross Margin | 90.7% | 94.1% | 97.3% | -3.5pp | -6.6pp |
| Net Margin | 28.8% | 25.9% | 33.1% | 2.9pp | -4.3pp |
| EPS (Diluted) | $0.47 | $0.38 | $0.43 | 23.7% | 9.3% |
| Free Cash Flow | $237M | $270M | $93M | -12.1% | 154.7% |
| Item | Amount |
|---|---|
| REVENUE | $487M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $441M |
| R&D Expenses | $0 |
| Selling & Marketing | $10M |
| General & Administrative | $153M |
| SG&A Expenses | $164M |
| Other Expenses | $99M |
| Operating Expenses | $262M |
| Cost & Expenses | $308M |
| OPERATING INCOME | $179M |
| Interest Income | $407M |
| Interest Expense | $30M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $179M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $140M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $140M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $136M |
| D&A | $16M |
| EBIT | $179M |
| EBITDA | $195M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $487M |
| Cost of Revenue | $45M |
| GROSS PROFIT | $441M |
| R&D Expenses | $0 |
| Selling & Marketing | $10M |
| General & Administrative | $153M |
| SG&A Expenses | $164M |
| Other Expenses | $99M |
| Operating Expenses | $262M |
| Cost & Expenses | $308M |
| OPERATING INCOME | $179M |
| Interest Income | $407M |
| Interest Expense | $30M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $179M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $140M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $140M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $136M |
| D&A | $16M |
| EBIT | $179M |
| EBITDA | $195M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $140M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $73M |
| OPERATING CASH FLOW | $248M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$135M |
| Sales/Maturities of Investments | $491M |
| Other Investing Activities | -$944M |
| NET CASH FROM INVESTING | -$600M |
| Net Debt Issuance | -$376M |
| Common Stock Repurchased | -$531.0K |
| Common Dividends Paid | -$45M |
| Other Financing Activities | $776M |
| NET CASH FROM FINANCING | $355M |
| FREE CASH FLOW | $237M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $802M |
| Short-Term Investments | $6.9B |
| Net Receivables | $167M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7.8B |
| PP&E (Net) | $776M |
| Goodwill | $2.0B |
| Intangible Assets | $133M |
| Long-Term Investments | $33.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.1B |
| TOTAL NON-CURRENT ASSETS | $38.4B |
| TOTAL ASSETS | $46.2B |
| Account Payables | $0 |
| Short-Term Debt | $739M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $36.1B |
| TOTAL CURRENT LIABILITIES | $37.5B |
| Long-Term Debt | $3.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3.7B |
| TOTAL LIABILITIES | $41.3B |
| Common Stock | $293M |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | $1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$808M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.9B |
| TOTAL LIABILITIES & EQUITY | $46.2B |
| Total Debt | $4.5B |
| Net Debt | $3.7B |
