| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | $1.7B | $2.7B | 36.3% | -13.8% |
| Op. Income | $649M | -$120M | $790M | 641.1% | -17.8% |
| Gross Margin | 76.0% | 63.7% | 79.1% | 12.3pp | -3.1pp |
| Net Margin | 21.8% | -5.3% | 23.0% | 27.2pp | -1.2pp |
| EPS (Diluted) | $1.69 | $-0.30 | $2.06 | 663.3% | -18.0% |
| Free Cash Flow | $267M | $500M | $341M | -46.6% | -21.7% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $563M |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.1B |
| Operating Expenses | $1.1B |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $649M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | $300.0K |
| INCOME BEFORE TAX | $649M |
| Income Tax Expense | $137M |
| Net Income from Continuing Ops | $512M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$100.0K |
| NET INCOME | $512M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $512M |
| D&A | $0 |
| EBIT | $666M |
| EBITDA | $666M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $563M |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.1B |
| Operating Expenses | $1.1B |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $649M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | $300.0K |
| INCOME BEFORE TAX | $649M |
| Income Tax Expense | $137M |
| Net Income from Continuing Ops | $512M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$100.0K |
| NET INCOME | $512M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $512M |
| D&A | $0 |
| EBIT | $666M |
| EBITDA | $666M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $512M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $65M |
| Other Non-Cash Items | -$447M |
| Change in Working Capital | $99M |
| OPERATING CASH FLOW | $267M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.1B |
| Sales/Maturities of Investments | $1.1B |
| Other Investing Activities | -$100.0K |
| NET CASH FROM INVESTING | -$60M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$176M |
| Common Dividends Paid | -$67M |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | -$228M |
| FREE CASH FLOW | $267M |
| Net Change in Cash | -$21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $81M |
| Short-Term Investments | $12.6B |
| Net Receivables | $6.8B |
| Inventory | $0 |
| Other Current Assets | -$20.2B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $15.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$15.8B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $25.2B |
| Account Payables | $0 |
| Short-Term Debt | $399M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$914M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $43M |
| Other Non-Current Liabilities | -$1.2B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $19.0B |
| Common Stock | $297M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $5.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$518M |
| Other Equity | -$70M |
| TOTAL STOCKHOLDERS' EQUITY | $6.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.2B |
| TOTAL LIABILITIES & EQUITY | $25.2B |
| Total Debt | $1.6B |
| Net Debt | $1.5B |
