| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $932M | $786M | $580M | 18.7% | 60.7% |
| Op. Income | $365M | $330M | $310M | 10.6% | 17.6% |
| Gross Margin | 73.3% | 78.9% | 93.3% | -5.6pp | -20.0pp |
| Net Margin | 31.4% | 33.6% | 42.4% | -2.2pp | -11.0pp |
| EPS (Diluted) | $2.67 | $2.42 | $2.32 | 10.3% | 15.1% |
| Free Cash Flow | $738M | $454M | $577M | 62.4% | 27.7% |
| Item | Amount |
|---|---|
| REVENUE | $932M |
| Cost of Revenue | $249M |
| GROSS PROFIT | $684M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $126M |
| SG&A Expenses | $133M |
| Other Expenses | $186M |
| Operating Expenses | $319M |
| Cost & Expenses | $568M |
| OPERATING INCOME | $365M |
| Interest Income | $888M |
| Interest Expense | $249M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $365M |
| Income Tax Expense | $72M |
| Net Income from Continuing Ops | $293M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $293M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $290M |
| D&A | $22M |
| EBIT | $365M |
| EBITDA | $387M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $932M |
| Cost of Revenue | $249M |
| GROSS PROFIT | $684M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $126M |
| SG&A Expenses | $133M |
| Other Expenses | $186M |
| Operating Expenses | $319M |
| Cost & Expenses | $568M |
| OPERATING INCOME | $365M |
| Interest Income | $888M |
| Interest Expense | $249M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $365M |
| Income Tax Expense | $72M |
| Net Income from Continuing Ops | $293M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $293M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $290M |
| D&A | $22M |
| EBIT | $365M |
| EBITDA | $387M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $293M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$116M |
| Other Non-Cash Items | $581M |
| Change in Working Capital | $5M |
| OPERATING CASH FLOW | $794M |
| Capital Expenditure | -$57M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $11.5B |
| Sales/Maturities of Investments | $183M |
| Other Investing Activities | -$11.2B |
| NET CASH FROM INVESTING | $491M |
| Net Debt Issuance | $136M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$42M |
| Other Financing Activities | -$1.9B |
| NET CASH FROM FINANCING | -$1.9B |
| FREE CASH FLOW | $738M |
| Net Change in Cash | -$566M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $7.1B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8.1B |
| PP&E (Net) | $439M |
| Goodwill | $527M |
| Intangible Assets | $1.3B |
| Long-Term Investments | $54.8B |
| Tax Assets | $311M |
| Other Non-Current Assets | $2.2B |
| TOTAL NON-CURRENT ASSETS | $59.6B |
| TOTAL ASSETS | $67.7B |
| Account Payables | $0 |
| Short-Term Debt | $5.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $53.6B |
| TOTAL CURRENT LIABILITIES | $58.6B |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.4B |
| TOTAL NON-CURRENT LIABILITIES | $3.7B |
| TOTAL LIABILITIES | $62.4B |
| Common Stock | $2.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $3.7B |
| Treasury Stock | -$105M |
| Accum. Other Comp. Income | -$661M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.4B |
| TOTAL LIABILITIES & EQUITY | $67.7B |
| Total Debt | $7.4B |
| Net Debt | $6.3B |