| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $507M | $492M | $462M | 3.1% | 9.7% |
| Op. Income | $284M | $176M | $288M | 62.0% | -1.3% |
| Gross Margin | 89.7% | 88.6% | 94.4% | 1.1pp | -4.7pp |
| Net Margin | 47.5% | 26.9% | 51.9% | 20.6pp | -4.4pp |
| EPS (Diluted) | $4.86 | $2.67 | $5.03 | 82.0% | -3.4% |
| Free Cash Flow | $334M | $89M | $275M | 276.0% | 21.2% |
| Item | Amount |
|---|---|
| REVENUE | $507M |
| Cost of Revenue | $52M |
| GROSS PROFIT | $455M |
| R&D Expenses | $83M |
| Selling & Marketing | $17M |
| General & Administrative | $70M |
| SG&A Expenses | $87M |
| Other Expenses | $0 |
| Operating Expenses | $170M |
| Cost & Expenses | $223M |
| OPERATING INCOME | $284M |
| Interest Income | $29M |
| Interest Expense | $14M |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $292M |
| Income Tax Expense | $51M |
| Net Income from Continuing Ops | $241M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $241M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $241M |
| D&A | $13M |
| EBIT | $306M |
| EBITDA | $319M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $507M |
| Cost of Revenue | $52M |
| GROSS PROFIT | $455M |
| R&D Expenses | $83M |
| Selling & Marketing | $17M |
| General & Administrative | $70M |
| SG&A Expenses | $87M |
| Other Expenses | $0 |
| Operating Expenses | $170M |
| Cost & Expenses | $223M |
| OPERATING INCOME | $284M |
| Interest Income | $29M |
| Interest Expense | $14M |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $292M |
| Income Tax Expense | $51M |
| Net Income from Continuing Ops | $241M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $241M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $241M |
| D&A | $13M |
| EBIT | $306M |
| EBITDA | $319M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $241M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | -$12M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $127M |
| OPERATING CASH FLOW | $375M |
| Capital Expenditure | -$41M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$890M |
| Sales/Maturities of Investments | $710M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$221M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $49M |
| NET CASH FROM FINANCING | $49M |
| FREE CASH FLOW | $334M |
| Net Change in Cash | $202M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $1.7B |
| Net Receivables | $135M |
| Inventory | $103M |
| Other Current Assets | $93M |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $897M |
| Goodwill | $0 |
| Intangible Assets | $45M |
| Long-Term Investments | $1.8B |
| Tax Assets | $322M |
| Other Non-Current Assets | $125M |
| TOTAL NON-CURRENT ASSETS | $3.2B |
| TOTAL ASSETS | $6.3B |
| Account Payables | $240M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $85M |
| TOTAL CURRENT LIABILITIES | $325M |
| Long-Term Debt | $800M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $98M |
| TOTAL NON-CURRENT LIABILITIES | $898M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $700.0K |
| Additional Paid-In Capital | $2.5B |
| Retained Earnings | $5.3B |
| Treasury Stock | -$2.6B |
| Accum. Other Comp. Income | -$39M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.1B |
| TOTAL LIABILITIES & EQUITY | $6.3B |
| Total Debt | $800M |
| Net Debt | -$364M |
