| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $516M | $467M | $445M | 10.5% | 16.0% |
| Op. Income | $314M | $202M | $229M | 55.7% | 37.4% |
| Gross Margin | 92.8% | 93.6% | 93.8% | -0.8pp | -1.0pp |
| Net Margin | 46.4% | 24.8% | 36.6% | 21.5pp | 9.8pp |
| EPS (Diluted) | $4.91 | $2.41 | $3.42 | 103.7% | 43.6% |
| Free Cash Flow | $190M | $110M | $162M | 72.5% | 16.9% |
| Item | Amount |
|---|---|
| REVENUE | $516M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $479M |
| R&D Expenses | $66M |
| Selling & Marketing | $17M |
| General & Administrative | $81M |
| SG&A Expenses | $98M |
| Other Expenses | $0 |
| Operating Expenses | $165M |
| Cost & Expenses | $202M |
| OPERATING INCOME | $314M |
| Interest Income | $13M |
| Interest Expense | $9M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $313M |
| Income Tax Expense | $73M |
| Net Income from Continuing Ops | $239M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $239M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $239M |
| D&A | $13M |
| EBIT | $322M |
| EBITDA | $335M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $516M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $479M |
| R&D Expenses | $66M |
| Selling & Marketing | $17M |
| General & Administrative | $81M |
| SG&A Expenses | $98M |
| Other Expenses | $0 |
| Operating Expenses | $165M |
| Cost & Expenses | $202M |
| OPERATING INCOME | $314M |
| Interest Income | $13M |
| Interest Expense | $9M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $313M |
| Income Tax Expense | $73M |
| Net Income from Continuing Ops | $239M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $239M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $239M |
| D&A | $13M |
| EBIT | $322M |
| EBITDA | $335M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $239M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | -$2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $16M |
| Change in Working Capital | -$7M |
| OPERATING CASH FLOW | $259M |
| Capital Expenditure | -$69M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$270M |
| Sales/Maturities of Investments | $246M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$94M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$300.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | $190M |
| Net Change in Cash | $172M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $967M |
| Short-Term Investments | $1.6B |
| Net Receivables | $232M |
| Inventory | $91M |
| Other Current Assets | $118M |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $841M |
| Goodwill | $28M |
| Intangible Assets | $17M |
| Long-Term Investments | $1.4B |
| Tax Assets | $281M |
| Other Non-Current Assets | $115M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $5.8B |
| Account Payables | $220M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $96M |
| TOTAL CURRENT LIABILITIES | $316M |
| Long-Term Debt | $800M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $104M |
| TOTAL NON-CURRENT LIABILITIES | $904M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $700.0K |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $4.9B |
| Treasury Stock | -$2.6B |
| Accum. Other Comp. Income | -$84M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.6B |
| TOTAL LIABILITIES & EQUITY | $5.8B |
| Total Debt | $800M |
| Net Debt | -$167M |
