| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $83.0B | $97.3B | $81.4B | -14.7% | 1.9% |
| Op. Income | $23.1B | $30.0B | $24.1B | -23.0% | -4.4% |
| Gross Margin | 43.3% | 43.7% | 43.3% | -0.5pp | -0.0pp |
| Net Margin | 23.4% | 25.7% | 26.7% | -2.3pp | -3.3pp |
| EPS (Diluted) | $1.20 | $1.52 | $1.30 | -21.1% | -7.7% |
| Free Cash Flow | $20.8B | $25.7B | $19.0B | -19.0% | 9.4% |
| Item | Amount |
|---|---|
| REVENUE | $83.0B |
| Cost of Revenue | $47.1B |
| GROSS PROFIT | $35.9B |
| R&D Expenses | $6.8B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6.0B |
| Other Expenses | $0 |
| Operating Expenses | $12.8B |
| Cost & Expenses | $59.9B |
| OPERATING INCOME | $23.1B |
| Interest Income | $722M |
| Interest Expense | $719M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $23.1B |
| Income Tax Expense | $3.6B |
| Net Income from Continuing Ops | $19.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19.4B |
| D&A | $2.8B |
| EBIT | $23.8B |
| EBITDA | $26.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $83.0B |
| Cost of Revenue | $47.1B |
| GROSS PROFIT | $35.9B |
| R&D Expenses | $6.8B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $6.0B |
| Other Expenses | $0 |
| Operating Expenses | $12.8B |
| Cost & Expenses | $59.9B |
| OPERATING INCOME | $23.1B |
| Interest Income | $722M |
| Interest Expense | $719M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $23.1B |
| Income Tax Expense | $3.6B |
| Net Income from Continuing Ops | $19.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19.4B |
| D&A | $2.8B |
| EBIT | $23.8B |
| EBITDA | $26.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $19.4B |
| Depreciation & Amortization | $2.8B |
| Stock-Based Compensation | $2.2B |
| Deferred Income Tax | $1.7B |
| Other Non-Cash Items | -$41M |
| Change in Working Capital | -$3.2B |
| OPERATING CASH FLOW | $22.9B |
| Capital Expenditure | -$2.1B |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | -$8.2B |
| Sales/Maturities of Investments | $15.1B |
| Other Investing Activities | -$617M |
| NET CASH FROM INVESTING | $4.2B |
| Net Debt Issuance | $971M |
| Common Stock Repurchased | -$21.9B |
| Common Dividends Paid | -$3.8B |
| Other Financing Activities | -$43M |
| NET CASH FROM FINANCING | -$27.4B |
| FREE CASH FLOW | $20.8B |
| Net Change in Cash | -$319M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $27.5B |
| Short-Term Investments | $20.7B |
| Net Receivables | $42.2B |
| Inventory | $5.4B |
| Other Current Assets | $16.4B |
| TOTAL CURRENT ASSETS | $112.3B |
| PP&E (Net) | $40.3B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $131.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $52.6B |
| TOTAL NON-CURRENT ASSETS | $224.0B |
| TOTAL ASSETS | $336.3B |
| Account Payables | $48.3B |
| Short-Term Debt | $25.0B |
| Deferred Revenue | $7.7B |
| Other Current Liabilities | $48.8B |
| TOTAL CURRENT LIABILITIES | $129.9B |
| Long-Term Debt | $94.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $53.6B |
| TOTAL NON-CURRENT LIABILITIES | $148.3B |
| TOTAL LIABILITIES | $278.2B |
| Common Stock | $62.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $5.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$9.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $58.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $58.1B |
| TOTAL LIABILITIES & EQUITY | $336.3B |
| Total Debt | $119.7B |
| Net Debt | $92.2B |
