| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $1.1B | 1.3% | 12.4% |
| Op. Income | $210M | $234M | $227M | -10.2% | -7.6% |
| Gross Margin | 87.2% | 90.2% | 98.4% | -3.0pp | -11.2pp |
| Net Margin | 12.6% | 14.3% | 15.6% | -1.7pp | -3.0pp |
| EPS (Diluted) | $1.28 | $1.43 | $1.39 | -10.5% | -7.9% |
| Free Cash Flow | -$400M | $750M | -$688M | -153.4% | 41.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $160M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $651M |
| SG&A Expenses | $651M |
| Other Expenses | $226M |
| Operating Expenses | $878M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $210M |
| Interest Income | $452M |
| Interest Expense | $155M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $210M |
| Income Tax Expense | $52M |
| Net Income from Continuing Ops | $158M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $158M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $148M |
| D&A | $20M |
| EBIT | $210M |
| EBITDA | $229M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $160M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $651M |
| SG&A Expenses | $651M |
| Other Expenses | $226M |
| Operating Expenses | $878M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $210M |
| Interest Income | $452M |
| Interest Expense | $155M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $210M |
| Income Tax Expense | $52M |
| Net Income from Continuing Ops | $158M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $158M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $148M |
| D&A | $20M |
| EBIT | $210M |
| EBITDA | $229M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $158M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $43M |
| Deferred Income Tax | $13M |
| Other Non-Cash Items | -$29M |
| Change in Working Capital | -$590M |
| OPERATING CASH FLOW | -$385M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | -$59M |
| Purchases of Investments | -$18M |
| Sales/Maturities of Investments | $53M |
| Other Investing Activities | -$250M |
| NET CASH FROM INVESTING | -$290M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$95M |
| Common Dividends Paid | -$47M |
| Other Financing Activities | $1.4B |
| NET CASH FROM FINANCING | $1.2B |
| FREE CASH FLOW | -$400M |
| Net Change in Cash | $557M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.8B |
| Short-Term Investments | $1.6B |
| Net Receivables | $1.4B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.8B |
| PP&E (Net) | $949M |
| Goodwill | $1.4B |
| Intangible Assets | $132M |
| Long-Term Investments | $28.7B |
| Tax Assets | $138M |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $32.8B |
| TOTAL ASSETS | $38.6B |
| Account Payables | $2.3B |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $28.3B |
| TOTAL CURRENT LIABILITIES | $31.7B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $410M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $33.3B |
| Common Stock | $17M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $3.2B |
| Treasury Stock | -$323M |
| Accum. Other Comp. Income | -$92M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.3B |
| TOTAL LIABILITIES & EQUITY | $38.6B |
| Total Debt | $2.3B |
| Net Debt | -$507M |
