| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $449M | $413M | $358M | 8.8% | 25.4% |
| Op. Income | $171M | $152M | $154M | 12.5% | 11.4% |
| Gross Margin | 91.6% | 92.8% | 107.7% | -1.2pp | -16.1pp |
| Net Margin | 29.6% | 28.8% | 34.3% | 0.8pp | -4.6pp |
| EPS (Diluted) | $1.75 | $1.57 | $1.74 | 11.5% | 0.6% |
| Free Cash Flow | $605M | $384M | $172M | 57.8% | 252.3% |
| Item | Amount |
|---|---|
| REVENUE | $449M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $412M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $151M |
| SG&A Expenses | $153M |
| Other Expenses | $87M |
| Operating Expenses | $240M |
| Cost & Expenses | $278M |
| OPERATING INCOME | $171M |
| Interest Income | $376M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $171M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $133M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $133M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $133M |
| D&A | $16M |
| EBIT | $171M |
| EBITDA | $187M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $449M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $412M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $151M |
| SG&A Expenses | $153M |
| Other Expenses | $87M |
| Operating Expenses | $240M |
| Cost & Expenses | $278M |
| OPERATING INCOME | $171M |
| Interest Income | $376M |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $171M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $133M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $133M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $133M |
| D&A | $16M |
| EBIT | $171M |
| EBITDA | $187M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $133M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $33M |
| Other Non-Cash Items | $57M |
| Change in Working Capital | $361M |
| OPERATING CASH FLOW | $610M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$209M |
| Sales/Maturities of Investments | $268M |
| Other Investing Activities | -$887M |
| NET CASH FROM INVESTING | -$833M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$878.0K |
| Common Dividends Paid | -$38M |
| Other Financing Activities | -$1.6B |
| NET CASH FROM FINANCING | -$1.7B |
| FREE CASH FLOW | $605M |
| Net Change in Cash | -$1.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $467M |
| Short-Term Investments | $5.4B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.8B |
| PP&E (Net) | $531M |
| Goodwill | $1.9B |
| Intangible Assets | $216M |
| Long-Term Investments | $32.6B |
| Tax Assets | $199M |
| Other Non-Current Assets | $3.9B |
| TOTAL NON-CURRENT ASSETS | $39.3B |
| TOTAL ASSETS | $45.2B |
| Account Payables | $0 |
| Short-Term Debt | $558M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $37.7B |
| TOTAL CURRENT LIABILITIES | $38.2B |
| Long-Term Debt | $392M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.6B |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $40.3B |
| Common Stock | $189M |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$716M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.9B |
| TOTAL LIABILITIES & EQUITY | $45.2B |
| Total Debt | $950M |
| Net Debt | $483M |
