| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $593M | $511M | $371M | 16.0% | 59.7% |
| Op. Income | $247M | $133M | $165M | 85.4% | 49.4% |
| Gross Margin | 85.7% | 84.6% | 91.6% | 1.1pp | -5.8pp |
| Net Margin | 30.1% | 18.9% | 33.0% | 11.2pp | -3.0pp |
| EPS (Diluted) | $0.34 | $0.18 | $0.29 | 88.9% | 17.2% |
| Free Cash Flow | $425M | $310M | $129M | 37.3% | 230.1% |
| Item | Amount |
|---|---|
| REVENUE | $593M |
| Cost of Revenue | $85M |
| GROSS PROFIT | $508M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $136M |
| SG&A Expenses | $136M |
| Other Expenses | $125M |
| Operating Expenses | $262M |
| Cost & Expenses | $346M |
| OPERATING INCOME | $247M |
| Interest Income | $537M |
| Interest Expense | $83M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $247M |
| Income Tax Expense | $68M |
| Net Income from Continuing Ops | $178M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $178M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $175M |
| D&A | $22M |
| EBIT | $247M |
| EBITDA | $269M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $593M |
| Cost of Revenue | $85M |
| GROSS PROFIT | $508M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $136M |
| SG&A Expenses | $136M |
| Other Expenses | $125M |
| Operating Expenses | $262M |
| Cost & Expenses | $346M |
| OPERATING INCOME | $247M |
| Interest Income | $537M |
| Interest Expense | $83M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $247M |
| Income Tax Expense | $68M |
| Net Income from Continuing Ops | $178M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $178M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $175M |
| D&A | $22M |
| EBIT | $247M |
| EBITDA | $269M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $178M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $15M |
| Change in Working Capital | $202M |
| OPERATING CASH FLOW | $425M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$134M |
| Sales/Maturities of Investments | $160M |
| Other Investing Activities | -$1.6B |
| NET CASH FROM INVESTING | -$1.6B |
| Net Debt Issuance | -$456M |
| Common Stock Repurchased | -$127.0K |
| Common Dividends Paid | -$56M |
| Other Financing Activities | $1.4B |
| NET CASH FROM FINANCING | $913M |
| FREE CASH FLOW | $425M |
| Net Change in Cash | -$270M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $40M |
| Net Receivables | $159M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $677M |
| Goodwill | $1.9B |
| Intangible Assets | $208M |
| Long-Term Investments | $49.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.1B |
| TOTAL NON-CURRENT ASSETS | $54.6B |
| TOTAL ASSETS | $55.9B |
| Account Payables | $0 |
| Short-Term Debt | $919M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $45.3B |
| TOTAL CURRENT LIABILITIES | $47.7B |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $49.7B |
| Common Stock | $178M |
| Additional Paid-In Capital | $5.0B |
| Retained Earnings | $1.1B |
| Treasury Stock | -$22M |
| Accum. Other Comp. Income | -$166M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.3B |
| TOTAL LIABILITIES & EQUITY | $55.9B |
| Total Debt | $2.9B |
| Net Debt | $1.8B |
