| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.7B | $3.3B | $3.0B | 11.0% | 25.1% |
| Op. Income | $741M | $922M | $1.0B | -19.6% | -29.2% |
| Gross Margin | 51.2% | 59.7% | 73.5% | -8.5pp | -22.2pp |
| Net Margin | 15.6% | 21.1% | 27.5% | -5.5pp | -11.9pp |
| EPS (Diluted) | $1.26 | $1.49 | $1.48 | -15.4% | -14.9% |
| Free Cash Flow | $1.8B | $1.6B | $2.0B | 13.0% | -7.8% |
| Item | Amount |
|---|---|
| REVENUE | $3.7B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $121M |
| General & Administrative | $459M |
| SG&A Expenses | $580M |
| Other Expenses | $571M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $741M |
| Interest Income | $4.7B |
| Interest Expense | $602M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $741M |
| Income Tax Expense | $164M |
| Net Income from Continuing Ops | $577M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $577M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $567M |
| D&A | $101M |
| EBIT | $741M |
| EBITDA | $842M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.7B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $121M |
| General & Administrative | $459M |
| SG&A Expenses | $580M |
| Other Expenses | $571M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $741M |
| Interest Income | $4.7B |
| Interest Expense | $602M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $741M |
| Income Tax Expense | $164M |
| Net Income from Continuing Ops | $577M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $577M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $567M |
| D&A | $101M |
| EBIT | $741M |
| EBITDA | $842M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $577M |
| Depreciation & Amortization | $101M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$236M |
| Other Non-Cash Items | $1.4B |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $1.8B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$242M |
| Sales/Maturities of Investments | $325M |
| Other Investing Activities | -$6.9B |
| NET CASH FROM INVESTING | -$6.9B |
| Net Debt Issuance | -$134M |
| Common Stock Repurchased | -$701M |
| Common Dividends Paid | -$103M |
| Other Financing Activities | $3.3B |
| NET CASH FROM FINANCING | $2.4B |
| FREE CASH FLOW | $1.8B |
| Net Change in Cash | -$2.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.3B |
| Short-Term Investments | $4.9B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $15.2B |
| PP&E (Net) | $0 |
| Goodwill | $1.1B |
| Intangible Assets | $742M |
| Long-Term Investments | $92.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$4.9B |
| TOTAL NON-CURRENT ASSETS | $89.4B |
| TOTAL ASSETS | $104.6B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $71.7B |
| TOTAL CURRENT LIABILITIES | $77.5B |
| Long-Term Debt | $14.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $14.2B |
| TOTAL LIABILITIES | $91.7B |
| Common Stock | $1M |
| Additional Paid-In Capital | $9.7B |
| Retained Earnings | $16.7B |
| Treasury Stock | -$14.2B |
| Accum. Other Comp. Income | -$125M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $12.9B |
| TOTAL LIABILITIES & EQUITY | $104.6B |
| Total Debt | $14.2B |
| Net Debt | $3.9B |
