| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $699M | $593M | $378M | 18.0% | 85.0% |
| Op. Income | $245M | $247M | $157M | -0.6% | 55.8% |
| Gross Margin | 73.1% | 85.7% | 90.4% | -12.6pp | -17.3pp |
| Net Margin | 25.4% | 30.1% | 30.4% | -4.7pp | -5.0pp |
| EPS (Diluted) | $0.34 | $0.34 | $0.27 | 0.0% | 25.9% |
| Free Cash Flow | $198M | $425M | $254M | -53.4% | -22.1% |
| Item | Amount |
|---|---|
| REVENUE | $699M |
| Cost of Revenue | $188M |
| GROSS PROFIT | $511M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $136M |
| SG&A Expenses | $136M |
| Other Expenses | $130M |
| Operating Expenses | $266M |
| Cost & Expenses | $454M |
| OPERATING INCOME | $245M |
| Interest Income | $647M |
| Interest Expense | $181M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $245M |
| 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 | $174M |
| D&A | $31M |
| EBIT | $245M |
| EBITDA | $276M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $699M |
| Cost of Revenue | $188M |
| GROSS PROFIT | $511M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $136M |
| SG&A Expenses | $136M |
| Other Expenses | $130M |
| Operating Expenses | $266M |
| Cost & Expenses | $454M |
| OPERATING INCOME | $245M |
| Interest Income | $647M |
| Interest Expense | $181M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $245M |
| 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 | $174M |
| D&A | $31M |
| EBIT | $245M |
| EBITDA | $276M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $178M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $198M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$184M |
| Sales/Maturities of Investments | $99M |
| Other Investing Activities | -$1.8B |
| NET CASH FROM INVESTING | -$1.9B |
| Net Debt Issuance | -$781M |
| Common Stock Repurchased | -$110.0K |
| Common Dividends Paid | -$58M |
| Other Financing Activities | $2.3B |
| NET CASH FROM FINANCING | $1.5B |
| FREE CASH FLOW | $198M |
| Net Change in Cash | -$170M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $948M |
| Short-Term Investments | $1.3B |
| Net Receivables | $197M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $665M |
| Goodwill | $1.9B |
| Intangible Assets | $197M |
| Long-Term Investments | $50.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.0B |
| TOTAL NON-CURRENT ASSETS | $55.1B |
| TOTAL ASSETS | $57.5B |
| Account Payables | $0 |
| Short-Term Debt | $139M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $47.6B |
| TOTAL CURRENT LIABILITIES | $49.1B |
| 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 | $51.1B |
| Common Stock | $178M |
| Additional Paid-In Capital | $5.0B |
| Retained Earnings | $1.2B |
| Treasury Stock | -$22M |
| Accum. Other Comp. Income | -$164M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.4B |
| TOTAL LIABILITIES & EQUITY | $57.5B |
| Total Debt | $2.1B |
| Net Debt | $1.1B |
