| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $729M | $635M | $323M | 14.8% | 125.3% |
| Op. Income | $298M | $237M | $125M | 25.7% | 137.5% |
| Gross Margin | 85.9% | 93.8% | 94.5% | -8.0pp | -8.7pp |
| Net Margin | 32.1% | 28.7% | 29.6% | 3.4pp | 2.5pp |
| EPS (Diluted) | $1.31 | $1.00 | $1.03 | 31.0% | 27.2% |
| Free Cash Flow | $413M | $418M | $147M | -1.2% | 180.9% |
| Item | Amount |
|---|---|
| REVENUE | $729M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $626M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $176M |
| SG&A Expenses | $180M |
| Other Expenses | $147M |
| Operating Expenses | $328M |
| Cost & Expenses | $431M |
| OPERATING INCOME | $298M |
| Interest Income | $618M |
| Interest Expense | $67M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $298M |
| Income Tax Expense | $64M |
| Net Income from Continuing Ops | $234M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $234M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $228M |
| D&A | $22M |
| EBIT | $298M |
| EBITDA | $320M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $729M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $626M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $176M |
| SG&A Expenses | $180M |
| Other Expenses | $147M |
| Operating Expenses | $328M |
| Cost & Expenses | $431M |
| OPERATING INCOME | $298M |
| Interest Income | $618M |
| Interest Expense | $67M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $298M |
| Income Tax Expense | $64M |
| Net Income from Continuing Ops | $234M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $234M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $228M |
| D&A | $22M |
| EBIT | $298M |
| EBITDA | $320M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $234M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $61M |
| Change in Working Capital | $97M |
| OPERATING CASH FLOW | $422M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$117M |
| Sales/Maturities of Investments | $353M |
| Other Investing Activities | -$2.2B |
| NET CASH FROM INVESTING | -$2.0B |
| Net Debt Issuance | $1000M |
| Common Stock Repurchased | -$97M |
| Common Dividends Paid | -$71M |
| Other Financing Activities | $452M |
| NET CASH FROM FINANCING | $1.3B |
| FREE CASH FLOW | $413M |
| Net Change in Cash | -$289M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $426M |
| Short-Term Investments | $59M |
| Net Receivables | $1.7B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $435M |
| Goodwill | $2.5B |
| Intangible Assets | $207M |
| Long-Term Investments | $60.0B |
| Tax Assets | $370M |
| Other Non-Current Assets | $3.3B |
| TOTAL NON-CURRENT ASSETS | $66.8B |
| TOTAL ASSETS | $69.1B |
| Account Payables | $0 |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $54.0B |
| TOTAL CURRENT LIABILITIES | $56.6B |
| Long-Term Debt | $4.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4.6B |
| TOTAL LIABILITIES | $61.2B |
| Common Stock | $2M |
| Additional Paid-In Capital | $6.2B |
| Retained Earnings | $2.5B |
| Treasury Stock | -$427M |
| Accum. Other Comp. Income | -$737M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $7.8B |
| TOTAL LIABILITIES & EQUITY | $69.1B |
| Total Debt | $5.9B |
| Net Debt | $5.4B |
