| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $786M | $651M | $567M | 20.7% | 38.7% |
| Op. Income | $330M | $324M | $302M | 1.9% | 9.0% |
| Gross Margin | 78.9% | 88.8% | 92.1% | -9.8pp | -13.2pp |
| Net Margin | 33.6% | 40.0% | 41.8% | -6.4pp | -8.2pp |
| EPS (Diluted) | $2.42 | $2.39 | $2.28 | 1.3% | 6.1% |
| Free Cash Flow | $454M | $316M | -$2.2B | 43.7% | 121.0% |
| Item | Amount |
|---|---|
| REVENUE | $786M |
| Cost of Revenue | $165M |
| GROSS PROFIT | $620M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $137M |
| SG&A Expenses | $142M |
| Other Expenses | $149M |
| Operating Expenses | $291M |
| Cost & Expenses | $456M |
| OPERATING INCOME | $330M |
| Interest Income | $739M |
| Interest Expense | $137M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $330M |
| Income Tax Expense | $66M |
| Net Income from Continuing Ops | $264M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $264M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $261M |
| D&A | $19M |
| EBIT | $330M |
| EBITDA | $349M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $786M |
| Cost of Revenue | $165M |
| GROSS PROFIT | $620M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $137M |
| SG&A Expenses | $142M |
| Other Expenses | $149M |
| Operating Expenses | $291M |
| Cost & Expenses | $456M |
| OPERATING INCOME | $330M |
| Interest Income | $739M |
| Interest Expense | $137M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $330M |
| Income Tax Expense | $66M |
| Net Income from Continuing Ops | $264M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $264M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $261M |
| D&A | $19M |
| EBIT | $330M |
| EBITDA | $349M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $264M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $59M |
| Other Non-Cash Items | $125M |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $491M |
| Capital Expenditure | -$37M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$284M |
| Sales/Maturities of Investments | $156M |
| Other Investing Activities | -$3.8B |
| NET CASH FROM INVESTING | -$3.9B |
| Net Debt Issuance | $1.3B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$42M |
| Other Financing Activities | $1.9B |
| NET CASH FROM FINANCING | $3.2B |
| FREE CASH FLOW | $454M |
| Net Change in Cash | -$276M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $4M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $368M |
| Goodwill | $526M |
| Intangible Assets | $1.2B |
| Long-Term Investments | $63.2B |
| Tax Assets | $302M |
| Other Non-Current Assets | $1.9B |
| TOTAL NON-CURRENT ASSETS | $67.6B |
| TOTAL ASSETS | $69.2B |
| Account Payables | $0 |
| Short-Term Debt | $5.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $55.6B |
| TOTAL CURRENT LIABILITIES | $60.7B |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $64.1B |
| Common Stock | $2.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $3.4B |
| Treasury Stock | -$105M |
| Accum. Other Comp. Income | -$736M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.0B |
| TOTAL LIABILITIES & EQUITY | $69.2B |
| Total Debt | $7.4B |
| Net Debt | $5.7B |
