| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.3B | $7.2B | $6.1B | 1.2% | 18.7% |
| Op. Income | $4.1B | $4.8B | $4.1B | -13.6% | 2.1% |
| Gross Margin | 79.9% | 80.3% | 79.1% | -0.4pp | 0.9pp |
| Net Margin | 46.9% | 50.7% | 42.0% | -3.8pp | 4.9pp |
| EPS (Diluted) | $1.60 | $1.70 | $1.18 | -5.9% | 35.6% |
| Free Cash Flow | $5.0B | $3.2B | $4.2B | 55.7% | 18.5% |
| Item | Amount |
|---|---|
| REVENUE | $7.3B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $5.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $313M |
| General & Administrative | $406M |
| SG&A Expenses | $719M |
| Other Expenses | $947M |
| Operating Expenses | $1.7B |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $4.1B |
| Interest Income | $0 |
| Interest Expense | $111M |
| Other Income/Expenses | -$319M |
| INCOME BEFORE TAX | $3.8B |
| Income Tax Expense | $418M |
| Net Income from Continuing Ops | $3.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.4B |
| D&A | $230M |
| EBIT | $3.9B |
| EBITDA | $4.2B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $7.3B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $5.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $313M |
| General & Administrative | $406M |
| SG&A Expenses | $719M |
| Other Expenses | $947M |
| Operating Expenses | $1.7B |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $4.1B |
| Interest Income | $0 |
| Interest Expense | $111M |
| Other Income/Expenses | -$319M |
| INCOME BEFORE TAX | $3.8B |
| Income Tax Expense | $418M |
| Net Income from Continuing Ops | $3.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.4B |
| D&A | $230M |
| EBIT | $3.9B |
| EBITDA | $4.2B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $3.4B |
| Depreciation & Amortization | $230M |
| Stock-Based Compensation | $152M |
| Deferred Income Tax | -$224M |
| Other Non-Cash Items | $2.8B |
| Change in Working Capital | -$1.1B |
| OPERATING CASH FLOW | $5.3B |
| Capital Expenditure | -$235M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.5B |
| Sales/Maturities of Investments | $605M |
| Other Investing Activities | $47M |
| NET CASH FROM INVESTING | -$2.1B |
| Net Debt Issuance | $2.9B |
| Common Stock Repurchased | -$2.4B |
| Common Dividends Paid | -$798M |
| Other Financing Activities | $24M |
| NET CASH FROM FINANCING | -$289M |
| FREE CASH FLOW | $5.0B |
| Net Change in Cash | $2.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14.0B |
| Short-Term Investments | $3.3B |
| Net Receivables | $3.9B |
| Inventory | $0 |
| Other Current Assets | $5.1B |
| TOTAL CURRENT ASSETS | $29.0B |
| PP&E (Net) | $3.1B |
| Goodwill | $18.0B |
| Intangible Assets | $26.1B |
| Long-Term Investments | $2.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $7.0B |
| TOTAL NON-CURRENT ASSETS | $56.4B |
| TOTAL ASSETS | $85.4B |
| Account Payables | $228M |
| Short-Term Debt | $3.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $15.7B |
| TOTAL CURRENT LIABILITIES | $20.3B |
| Long-Term Debt | $20.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5.7B |
| Other Non-Current Liabilities | $3.4B |
| TOTAL NON-CURRENT LIABILITIES | $29.6B |
| TOTAL LIABILITIES | $49.9B |
| Common Stock | $0 |
| Additional Paid-In Capital | $19.0B |
| Retained Earnings | $15.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.3B |
| Other Equity | -$23M |
| TOTAL STOCKHOLDERS' EQUITY | $35.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $35.5B |
| TOTAL LIABILITIES & EQUITY | $85.4B |
| Total Debt | $23.8B |
| Net Debt | $9.7B |
