| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.3B | $3.1B | $2.7B | 5.9% | 22.1% |
| Op. Income | $922M | $1.1B | $1.5B | -13.5% | -38.5% |
| Gross Margin | 59.7% | 68.3% | 90.3% | -8.7pp | -30.6pp |
| Net Margin | 21.1% | 25.6% | 41.9% | -4.4pp | -20.7pp |
| EPS (Diluted) | $1.49 | $1.62 | $2.00 | -8.0% | -25.5% |
| Free Cash Flow | $1.6B | $1.8B | $1.8B | -10.1% | -10.0% |
| Item | Amount |
|---|---|
| REVENUE | $3.3B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $2.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $115M |
| General & Administrative | $416M |
| SG&A Expenses | $531M |
| Other Expenses | $533M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $922M |
| Interest Income | $4.3B |
| Interest Expense | $414M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $922M |
| Income Tax Expense | $219M |
| Net Income from Continuing Ops | $703M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $703M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $692M |
| D&A | $105M |
| EBIT | $922M |
| EBITDA | $1.0B |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.3B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $2.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $115M |
| General & Administrative | $416M |
| SG&A Expenses | $531M |
| Other Expenses | $533M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $922M |
| Interest Income | $4.3B |
| Interest Expense | $414M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $922M |
| Income Tax Expense | $219M |
| Net Income from Continuing Ops | $703M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $703M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $692M |
| D&A | $105M |
| EBIT | $922M |
| EBITDA | $1.0B |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $703M |
| Depreciation & Amortization | $105M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$111M |
| Other Non-Cash Items | $1.1B |
| Change in Working Capital | -$177M |
| OPERATING CASH FLOW | $1.6B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$964M |
| Sales/Maturities of Investments | $852M |
| Other Investing Activities | -$4.0B |
| NET CASH FROM INVESTING | -$4.1B |
| Net Debt Issuance | $2.2B |
| Common Stock Repurchased | -$950M |
| Common Dividends Paid | -$109M |
| Other Financing Activities | $3.7B |
| NET CASH FROM FINANCING | $4.8B |
| FREE CASH FLOW | $1.6B |
| Net Change in Cash | $2.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12.0B |
| Short-Term Investments | $5.1B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $17.0B |
| PP&E (Net) | $0 |
| Goodwill | $1.1B |
| Intangible Assets | $1.0B |
| Long-Term Investments | $85.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$4.2B |
| TOTAL NON-CURRENT ASSETS | $83.7B |
| TOTAL ASSETS | $100.8B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $68.4B |
| TOTAL CURRENT LIABILITIES | $73.4B |
| Long-Term Debt | $14.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $14.3B |
| TOTAL LIABILITIES | $87.8B |
| Common Stock | $1M |
| Additional Paid-In Capital | $9.7B |
| Retained Earnings | $16.3B |
| Treasury Stock | -$13.5B |
| Accum. Other Comp. Income | -$187M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $13.0B |
| TOTAL LIABILITIES & EQUITY | $100.8B |
| Total Debt | $14.3B |
| Net Debt | $2.4B |
