| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.5B | $4.4B | $4.1B | 2.1% | 10.1% |
| Op. Income | $1.5B | $1.5B | $1.5B | 1.4% | 0.3% |
| Gross Margin | 87.4% | 87.7% | 87.7% | -0.2pp | -0.2pp |
| Net Margin | 26.0% | 25.6% | 30.0% | 0.4pp | -4.0pp |
| EPS (Diluted) | $2.52 | $2.42 | $2.57 | 4.1% | -1.9% |
| Free Cash Flow | $2.2B | $1.6B | $2.0B | 41.5% | 13.6% |
| Item | Amount |
|---|---|
| REVENUE | $4.5B |
| Cost of Revenue | $568M |
| GROSS PROFIT | $4.0B |
| R&D Expenses | $773M |
| Selling & Marketing | $1.3B |
| General & Administrative | $340M |
| SG&A Expenses | $1.6B |
| Other Expenses | $42M |
| Operating Expenses | $2.5B |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $1.5B |
| Interest Income | $0 |
| Interest Expense | $28M |
| Other Income/Expenses | $12M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $341M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $215M |
| EBIT | $1.5B |
| EBITDA | $1.7B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $4.5B |
| Cost of Revenue | $568M |
| GROSS PROFIT | $4.0B |
| R&D Expenses | $773M |
| Selling & Marketing | $1.3B |
| General & Administrative | $340M |
| SG&A Expenses | $1.6B |
| Other Expenses | $42M |
| Operating Expenses | $2.5B |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $1.5B |
| Interest Income | $0 |
| Interest Expense | $28M |
| Other Income/Expenses | $12M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $341M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $215M |
| EBIT | $1.5B |
| EBITDA | $1.7B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $1.2B |
| Depreciation & Amortization | $215M |
| Stock-Based Compensation | $388M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $607M |
| Change in Working Capital | -$61M |
| OPERATING CASH FLOW | $2.3B |
| Capital Expenditure | -$91M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $22M |
| NET CASH FROM INVESTING | -$69M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1.8B |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$94M |
| NET CASH FROM FINANCING | -$1.9B |
| FREE CASH FLOW | $2.2B |
| Net Change in Cash | $366M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.2B |
| Short-Term Investments | $1.9B |
| Net Receivables | $2.1B |
| Inventory | $0 |
| Other Current Assets | $835M |
| TOTAL CURRENT ASSETS | $9.0B |
| PP&E (Net) | $2.3B |
| Goodwill | $12.8B |
| Intangible Assets | $1.4B |
| Long-Term Investments | $0 |
| Tax Assets | $777M |
| Other Non-Current Assets | $841M |
| TOTAL NON-CURRENT ASSETS | $18.2B |
| TOTAL ASSETS | $27.2B |
| Account Payables | $379M |
| Short-Term Debt | $500M |
| Deferred Revenue | $5.3B |
| Other Current Liabilities | $591M |
| TOTAL CURRENT LIABILITIES | $8.1B |
| Long-Term Debt | $3.6B |
| Deferred Revenue NC | $117M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $823M |
| TOTAL NON-CURRENT LIABILITIES | $5.0B |
| TOTAL LIABILITIES | $13.1B |
| Common Stock | $0 |
| Additional Paid-In Capital | $9.9B |
| Retained Earnings | $28.3B |
| Treasury Stock | -$23.8B |
| Accum. Other Comp. Income | -$293M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $14.1B |
| TOTAL LIABILITIES & EQUITY | $27.2B |
| Total Debt | $4.6B |
| Net Debt | $397M |
