| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.9B | — | $2.0B | — | 43.2% |
| Op. Income | $383M | — | $253M | — | 51.5% |
| Gross Margin | 13.3% | — | 54.3% | — | -41.0pp |
| Net Margin | 5.0% | — | 9.6% | — | -4.6pp |
| EPS (Diluted) | $0.32 | — | $0.53 | — | -38.5% |
| Free Cash Flow | $318M | — | $198M | — | 60.3% |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $383M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.7B |
| Other Expenses | $0 |
| Operating Expenses | $3.5B |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $383M |
| Interest Income | $57M |
| Interest Expense | $80M |
| Other Income/Expenses | -$203M |
| INCOME BEFORE TAX | $175M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $146M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$269.7K |
| NET INCOME | $145M |
| Net Income Deductions | -$269.7K |
| BOTTOM LINE NET INCOME | $146M |
| D&A | $181M |
| EBIT | $384M |
| EBITDA | $565M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $383M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.7B |
| Other Expenses | $0 |
| Operating Expenses | $3.5B |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $383M |
| Interest Income | $57M |
| Interest Expense | $80M |
| Other Income/Expenses | -$203M |
| INCOME BEFORE TAX | $175M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $146M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$269.7K |
| NET INCOME | $145M |
| Net Income Deductions | -$269.7K |
| BOTTOM LINE NET INCOME | $146M |
| D&A | $181M |
| EBIT | $384M |
| EBITDA | $565M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $145M |
| Depreciation & Amortization | $181M |
| Stock-Based Compensation | $23M |
| Deferred Income Tax | -$436M |
| Other Non-Cash Items | $549M |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $462M |
| Capital Expenditure | -$144M |
| Acquisitions (Net) | -$1.2B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$1.3B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$79M |
| Common Dividends Paid | -$57M |
| Other Financing Activities | -$142M |
| NET CASH FROM FINANCING | -$199M |
| FREE CASH FLOW | $318M |
| Net Change in Cash | -$271M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.9B |
| Short-Term Investments | $1M |
| Net Receivables | $1.1B |
| Inventory | $270M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.4B |
| PP&E (Net) | $1.3B |
| Goodwill | $6.9B |
| Intangible Assets | $9.9B |
| Long-Term Investments | $252M |
| Tax Assets | $58M |
| Other Non-Current Assets | -$6.6B |
| TOTAL NON-CURRENT ASSETS | $11.7B |
| TOTAL ASSETS | $16.1B |
| Account Payables | $473M |
| Short-Term Debt | $1.8B |
| Deferred Revenue | $81M |
| Other Current Liabilities | $789M |
| TOTAL CURRENT LIABILITIES | $3.8B |
| Long-Term Debt | $4.9B |
| Deferred Revenue NC | $448M |
| Deferred Tax Liabilities | $689M |
| Other Non-Current Liabilities | $1.3B |
| TOTAL NON-CURRENT LIABILITIES | $6.7B |
| TOTAL LIABILITIES | $10.5B |
| Common Stock | $34M |
| Additional Paid-In Capital | $12M |
| Retained Earnings | $8.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.5B |
| Minority Interest | -$1M |
| TOTAL EQUITY | $5.5B |
| TOTAL LIABILITIES & EQUITY | $16.1B |
| Total Debt | $7.3B |
| Net Debt | $4.3B |
