| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.3B | $5.9B | $4.8B | 6.4% | 30.5% |
| Op. Income | $2.6B | $2.7B | $2.0B | -3.0% | 28.4% |
| Gross Margin | 87.2% | 92.7% | 97.4% | -5.6pp | -10.2pp |
| Net Margin | 31.2% | 34.1% | 32.7% | -2.9pp | -1.5pp |
| EPS (Diluted) | $0.97 | $0.99 | $0.76 | -2.0% | 27.6% |
| Free Cash Flow | -$2.3B | $8.8B | $5.3B | -126.2% | -143.4% |
| Item | Amount |
|---|---|
| REVENUE | $6.3B |
| Cost of Revenue | $810M |
| GROSS PROFIT | $5.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $967M |
| Other Expenses | $1.9B |
| Operating Expenses | $2.9B |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $2.6B |
| Interest Income | $3.8B |
| Interest Expense | $810M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2.6B |
| Income Tax Expense | $630M |
| Net Income from Continuing Ops | $2.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $312M |
| EBIT | $2.6B |
| EBITDA | $2.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $6.3B |
| Cost of Revenue | $810M |
| GROSS PROFIT | $5.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $967M |
| Other Expenses | $1.9B |
| Operating Expenses | $2.9B |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $2.6B |
| Interest Income | $3.8B |
| Interest Expense | $810M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2.6B |
| Income Tax Expense | $630M |
| Net Income from Continuing Ops | $2.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.8B |
| D&A | $312M |
| EBIT | $2.6B |
| EBITDA | $2.9B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.0B |
| Depreciation & Amortization | $312M |
| Stock-Based Compensation | $85M |
| Deferred Income Tax | $39M |
| Other Non-Cash Items | $363M |
| Change in Working Capital | -$4.9B |
| OPERATING CASH FLOW | -$2.1B |
| Capital Expenditure | -$202M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.1B |
| Sales/Maturities of Investments | $13.4B |
| Other Investing Activities | -$551M |
| NET CASH FROM INVESTING | $11.5B |
| Net Debt Issuance | $16.5B |
| Common Stock Repurchased | -$1.9B |
| Common Dividends Paid | -$551M |
| Other Financing Activities | -$29.0B |
| NET CASH FROM FINANCING | -$16.0B |
| FREE CASH FLOW | -$2.3B |
| Net Change in Cash | -$6.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $40.2B |
| Short-Term Investments | $147.8B |
| Net Receivables | $71.2B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $259.3B |
| PP&E (Net) | $4.6B |
| Goodwill | $12.0B |
| Intangible Assets | $8.8B |
| Long-Term Investments | $212.2B |
| Tax Assets | $5.4B |
| Other Non-Current Assets | $49.6B |
| TOTAL NON-CURRENT ASSETS | $292.5B |
| TOTAL ASSETS | $551.8B |
| Account Payables | $97.4B |
| Short-Term Debt | $17.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $379.8B |
| TOTAL CURRENT LIABILITIES | $494.3B |
| Long-Term Debt | $20.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $20.8B |
| TOTAL LIABILITIES | $515.2B |
| Common Stock | $21M |
| Additional Paid-In Capital | $27.1B |
| Retained Earnings | $31.1B |
| Treasury Stock | -$8.6B |
| Accum. Other Comp. Income | -$22.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $36.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $36.6B |
| TOTAL LIABILITIES & EQUITY | $551.8B |
| Total Debt | $37.9B |
| Net Debt | -$2.3B |
