| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $623M | $487M | $208M | 27.9% | 198.9% |
| Op. Income | $262M | $179M | $68M | 46.4% | 284.0% |
| Gross Margin | 85.0% | 90.7% | 96.0% | -5.7pp | -11.0pp |
| Net Margin | 32.2% | 28.8% | 27.0% | 3.4pp | 5.3pp |
| EPS (Diluted) | $0.67 | $0.47 | $0.34 | 42.6% | 97.1% |
| Free Cash Flow | $118M | $237M | $58M | -50.3% | 104.1% |
| Item | Amount |
|---|---|
| REVENUE | $623M |
| Cost of Revenue | $93M |
| GROSS PROFIT | $529M |
| R&D Expenses | $0 |
| Selling & Marketing | $9M |
| General & Administrative | $69M |
| SG&A Expenses | $77M |
| Other Expenses | $190M |
| Operating Expenses | $267M |
| Cost & Expenses | $361M |
| OPERATING INCOME | $262M |
| Interest Income | $458M |
| Interest Expense | $67M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $262M |
| Income Tax Expense | $61M |
| Net Income from Continuing Ops | $201M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $201M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $197M |
| D&A | $16M |
| EBIT | $262M |
| EBITDA | $279M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $623M |
| Cost of Revenue | $93M |
| GROSS PROFIT | $529M |
| R&D Expenses | $0 |
| Selling & Marketing | $9M |
| General & Administrative | $69M |
| SG&A Expenses | $77M |
| Other Expenses | $190M |
| Operating Expenses | $267M |
| Cost & Expenses | $361M |
| OPERATING INCOME | $262M |
| Interest Income | $458M |
| Interest Expense | $67M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $262M |
| Income Tax Expense | $61M |
| Net Income from Continuing Ops | $201M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $201M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $197M |
| D&A | $16M |
| EBIT | $262M |
| EBITDA | $279M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $201M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | -$39M |
| Change in Working Capital | -$63M |
| OPERATING CASH FLOW | $127M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$85M |
| Sales/Maturities of Investments | $198M |
| Other Investing Activities | -$910M |
| NET CASH FROM INVESTING | -$807M |
| Net Debt Issuance | $1.0B |
| Common Stock Repurchased | -$251.0K |
| Common Dividends Paid | -$45M |
| Other Financing Activities | -$396M |
| NET CASH FROM FINANCING | $607M |
| FREE CASH FLOW | $118M |
| Net Change in Cash | -$73M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $728M |
| Short-Term Investments | $6.8B |
| Net Receivables | $191M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7.7B |
| PP&E (Net) | $557M |
| Goodwill | $2.0B |
| Intangible Assets | $126M |
| Long-Term Investments | $34.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.4B |
| TOTAL NON-CURRENT ASSETS | $39.1B |
| TOTAL ASSETS | $46.8B |
| Account Payables | $0 |
| Short-Term Debt | $1.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $35.0B |
| TOTAL CURRENT LIABILITIES | $37.1B |
| Long-Term Debt | $4.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4.6B |
| TOTAL LIABILITIES | $41.6B |
| Common Stock | $293M |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$786M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.1B |
| TOTAL LIABILITIES & EQUITY | $46.8B |
| Total Debt | $5.6B |
| Net Debt | $4.9B |
