| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.9B | $2.7B | $2.1B | 7.7% | 38.0% |
| Op. Income | $870M | $879M | $766M | -1.1% | 13.5% |
| Gross Margin | 60.8% | 63.1% | 73.9% | -2.3pp | -13.1pp |
| Net Margin | 20.7% | 22.9% | 24.7% | -2.2pp | -4.0pp |
| EPS (Diluted) | $2.50 | $2.57 | $2.12 | -2.5% | 17.8% |
| Free Cash Flow | -$444M | -$8.4B | $2.3B | 94.7% | -119.5% |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $37M |
| General & Administrative | $590M |
| SG&A Expenses | $627M |
| Other Expenses | $288M |
| Operating Expenses | $915M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $870M |
| Interest Income | $2.6B |
| Interest Expense | $1.1B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $870M |
| Income Tax Expense | $240M |
| Net Income from Continuing Ops | $630M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $607M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $592M |
| D&A | $157M |
| EBIT | $870M |
| EBITDA | $1.0B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $37M |
| General & Administrative | $590M |
| SG&A Expenses | $627M |
| Other Expenses | $288M |
| Operating Expenses | $915M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $870M |
| Interest Income | $2.6B |
| Interest Expense | $1.1B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $870M |
| Income Tax Expense | $240M |
| Net Income from Continuing Ops | $630M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $607M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $592M |
| D&A | $157M |
| EBIT | $870M |
| EBITDA | $1.0B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $630M |
| Depreciation & Amortization | $157M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $240M |
| Other Non-Cash Items | $535M |
| Change in Working Capital | -$2.0B |
| OPERATING CASH FLOW | -$392M |
| Capital Expenditure | -$52M |
| Acquisitions (Net) | -$59M |
| Purchases of Investments | -$9.3B |
| Sales/Maturities of Investments | $7.2B |
| Other Investing Activities | -$16M |
| NET CASH FROM INVESTING | -$2.2B |
| Net Debt Issuance | $1.2B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$74M |
| Other Financing Activities | $425M |
| NET CASH FROM FINANCING | $1.6B |
| FREE CASH FLOW | -$444M |
| Net Change in Cash | -$499M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.3B |
| Short-Term Investments | $23.4B |
| Net Receivables | $14.7B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $44.7B |
| PP&E (Net) | $3.8B |
| Goodwill | $290M |
| Intangible Assets | $847M |
| Long-Term Investments | $284.9B |
| Tax Assets | $119M |
| Other Non-Current Assets | $4.3B |
| TOTAL NON-CURRENT ASSETS | $294.2B |
| TOTAL ASSETS | $338.9B |
| Account Payables | $8.8B |
| Short-Term Debt | $830M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $224.4B |
| TOTAL CURRENT LIABILITIES | $235.6B |
| Long-Term Debt | $54.8B |
| Deferred Revenue NC | $230M |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | $27.0B |
| TOTAL NON-CURRENT LIABILITIES | $82.2B |
| TOTAL LIABILITIES | $317.9B |
| Common Stock | $2.5B |
| Additional Paid-In Capital | $461M |
| Retained Earnings | $15.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $426M |
| TOTAL STOCKHOLDERS' EQUITY | $19.1B |
| Minority Interest | $1.9B |
| TOTAL EQUITY | $21.0B |
| TOTAL LIABILITIES & EQUITY | $338.9B |
| Total Debt | $55.9B |
| Net Debt | $49.6B |
