| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $872M | $780M | $708M | 11.8% | 23.2% |
| Op. Income | $278M | $260M | $311M | 6.9% | -10.6% |
| Gross Margin | 86.8% | 92.8% | 104.5% | -6.0pp | -17.7pp |
| Net Margin | 24.9% | 26.0% | 33.9% | -1.1pp | -9.0pp |
| EPS (Diluted) | $1.40 | $1.29 | $1.45 | 8.5% | -3.4% |
| Free Cash Flow | $120M | $467M | $111M | -74.3% | 8.1% |
| Item | Amount |
|---|---|
| REVENUE | $872M |
| Cost of Revenue | $115M |
| GROSS PROFIT | $757M |
| R&D Expenses | $0 |
| Selling & Marketing | $11M |
| General & Administrative | $325M |
| SG&A Expenses | $336M |
| Other Expenses | $143M |
| Operating Expenses | $479M |
| Cost & Expenses | $594M |
| OPERATING INCOME | $278M |
| Interest Income | $707M |
| Interest Expense | $44M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $278M |
| Income Tax Expense | $61M |
| Net Income from Continuing Ops | $217M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $217M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $209M |
| D&A | $34M |
| EBIT | $278M |
| EBITDA | $312M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $872M |
| Cost of Revenue | $115M |
| GROSS PROFIT | $757M |
| R&D Expenses | $0 |
| Selling & Marketing | $11M |
| General & Administrative | $325M |
| SG&A Expenses | $336M |
| Other Expenses | $143M |
| Operating Expenses | $479M |
| Cost & Expenses | $594M |
| OPERATING INCOME | $278M |
| Interest Income | $707M |
| Interest Expense | $44M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $278M |
| Income Tax Expense | $61M |
| Net Income from Continuing Ops | $217M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $217M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $209M |
| D&A | $34M |
| EBIT | $278M |
| EBITDA | $312M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $217M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$14M |
| Other Non-Cash Items | $50M |
| Change in Working Capital | -$118M |
| OPERATING CASH FLOW | $172M |
| Capital Expenditure | -$52M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$214M |
| Sales/Maturities of Investments | $463M |
| Other Investing Activities | -$1.5B |
| NET CASH FROM INVESTING | -$1.3B |
| Net Debt Issuance | $4.3B |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | -$70M |
| Other Financing Activities | -$3.1B |
| NET CASH FROM FINANCING | $1.2B |
| FREE CASH FLOW | $120M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $23.3B |
| Net Receivables | $347M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $25.5B |
| PP&E (Net) | $1.4B |
| Goodwill | $0 |
| Intangible Assets | $1.0B |
| Long-Term Investments | $53.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $6.9B |
| TOTAL NON-CURRENT ASSETS | $63.0B |
| TOTAL ASSETS | $88.5B |
| Account Payables | $0 |
| Short-Term Debt | $5.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $76.0B |
| TOTAL CURRENT LIABILITIES | $81.4B |
| Long-Term Debt | $643M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.8B |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $83.8B |
| Common Stock | $1.8B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $5.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.7B |
| TOTAL LIABILITIES & EQUITY | $88.5B |
| Total Debt | $6.0B |
| Net Debt | $4.2B |
