| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $414M | $339M | $310M | 22.1% | 33.6% |
| Op. Income | $184M | $181M | $169M | 1.5% | 8.5% |
| Gross Margin | 77.4% | 88.0% | 91.4% | -10.6pp | -14.0pp |
| Net Margin | 35.9% | 42.8% | 44.1% | -6.9pp | -8.2pp |
| EPS (Diluted) | $1.91 | $1.86 | $1.75 | 2.7% | 9.1% |
| Free Cash Flow | $276M | $135M | $145M | 104.1% | 89.6% |
| Item | Amount |
|---|---|
| REVENUE | $414M |
| Cost of Revenue | $93M |
| GROSS PROFIT | $320M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $130M |
| SG&A Expenses | $135M |
| Other Expenses | $2M |
| Operating Expenses | $136M |
| Cost & Expenses | $230M |
| OPERATING INCOME | $184M |
| Interest Income | $372M |
| Interest Expense | $66M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $184M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $149M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $149M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $145M |
| D&A | $15M |
| EBIT | $184M |
| EBITDA | $199M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $414M |
| Cost of Revenue | $93M |
| GROSS PROFIT | $320M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $130M |
| SG&A Expenses | $135M |
| Other Expenses | $2M |
| Operating Expenses | $136M |
| Cost & Expenses | $230M |
| OPERATING INCOME | $184M |
| Interest Income | $372M |
| Interest Expense | $66M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $184M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $149M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $149M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $145M |
| D&A | $15M |
| EBIT | $184M |
| EBITDA | $199M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $149M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $52M |
| Change in Working Capital | $75M |
| OPERATING CASH FLOW | $300M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$304M |
| Sales/Maturities of Investments | $148M |
| Other Investing Activities | -$612M |
| NET CASH FROM INVESTING | -$793M |
| Net Debt Issuance | -$400M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$17M |
| Other Financing Activities | $1.1B |
| NET CASH FROM FINANCING | $664M |
| FREE CASH FLOW | $276M |
| Net Change in Cash | $172M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $3.5B |
| Net Receivables | $110M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.4B |
| PP&E (Net) | $320M |
| Goodwill | $1.8B |
| Intangible Assets | $36M |
| Long-Term Investments | $30.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.5B |
| TOTAL NON-CURRENT ASSETS | $35.6B |
| TOTAL ASSETS | $41.0B |
| Account Payables | $10M |
| Short-Term Debt | $191M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $33.7B |
| TOTAL CURRENT LIABILITIES | $33.9B |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $454M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $35.7B |
| Common Stock | $76M |
| Additional Paid-In Capital | $3.1B |
| Retained Earnings | $2.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$243M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.3B |
| TOTAL LIABILITIES & EQUITY | $41.0B |
| Total Debt | $1.5B |
| Net Debt | -$281M |
