| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $522M | $453M | $357M | 15.1% | 46.4% |
| Op. Income | $179M | $183M | $127M | -2.0% | 40.5% |
| Gross Margin | 80.4% | 84.2% | 99.9% | -3.8pp | -19.5pp |
| Net Margin | 26.8% | 31.7% | 28.1% | -4.8pp | -1.3pp |
| EPS (Diluted) | $1.83 | $1.89 | $1.39 | -3.2% | 31.7% |
| Free Cash Flow | $52M | $1.1B | $574M | -95.5% | -91.0% |
| Item | Amount |
|---|---|
| REVENUE | $522M |
| Cost of Revenue | $102M |
| GROSS PROFIT | $420M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $156M |
| SG&A Expenses | $158M |
| Other Expenses | $82M |
| Operating Expenses | $241M |
| Cost & Expenses | $343M |
| OPERATING INCOME | $179M |
| Interest Income | $450M |
| Interest Expense | $69M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $179M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $140M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $140M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $140M |
| D&A | $15M |
| EBIT | $179M |
| EBITDA | $194M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $522M |
| Cost of Revenue | $102M |
| GROSS PROFIT | $420M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $156M |
| SG&A Expenses | $158M |
| Other Expenses | $82M |
| Operating Expenses | $241M |
| Cost & Expenses | $343M |
| OPERATING INCOME | $179M |
| Interest Income | $450M |
| Interest Expense | $69M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $179M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $140M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $140M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $140M |
| D&A | $15M |
| EBIT | $179M |
| EBITDA | $194M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $140M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $27M |
| Change in Working Capital | -$137M |
| OPERATING CASH FLOW | $59M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$64M |
| Sales/Maturities of Investments | $306M |
| Other Investing Activities | -$509M |
| NET CASH FROM INVESTING | -$274M |
| Net Debt Issuance | $900M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$38M |
| Other Financing Activities | $40M |
| NET CASH FROM FINANCING | $899M |
| FREE CASH FLOW | $52M |
| Net Change in Cash | $684M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $781M |
| Short-Term Investments | $5.2B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.9B |
| PP&E (Net) | $517M |
| Goodwill | $1.9B |
| Intangible Assets | $195M |
| Long-Term Investments | $33.4B |
| Tax Assets | $165M |
| Other Non-Current Assets | $2.8B |
| TOTAL NON-CURRENT ASSETS | $39.0B |
| TOTAL ASSETS | $44.9B |
| Account Payables | $0 |
| Short-Term Debt | $544M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $36.4B |
| TOTAL CURRENT LIABILITIES | $36.9B |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.4B |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $39.7B |
| Common Stock | $190M |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | $1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$614M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.2B |
| TOTAL LIABILITIES & EQUITY | $44.9B |
| Total Debt | $1.8B |
| Net Debt | $1.1B |
