| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.1B | $3.0B | $1.8B | 4.6% | 76.8% |
| Op. Income | $893M | $918M | $610M | -2.7% | 46.5% |
| Gross Margin | 65.7% | 65.4% | 69.4% | 0.3pp | -3.7pp |
| Net Margin | 24.1% | 26.4% | 28.6% | -2.3pp | -4.5pp |
| EPS (Diluted) | $1.44 | $1.49 | $1.35 | -3.4% | 6.7% |
| Free Cash Flow | $1.1B | $1.1B | $544M | -1.8% | 99.2% |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $2.0B |
| R&D Expenses | $432M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $327M |
| Other Expenses | $391M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $893M |
| Interest Income | $2M |
| Interest Expense | $51M |
| Other Income/Expenses | -$45M |
| INCOME BEFORE TAX | $848M |
| Income Tax Expense | $99M |
| Net Income from Continuing Ops | $749M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $749M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $749M |
| D&A | $579M |
| EBIT | $899M |
| EBITDA | $1.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $2.0B |
| R&D Expenses | $432M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $327M |
| Other Expenses | $391M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $893M |
| Interest Income | $2M |
| Interest Expense | $51M |
| Other Income/Expenses | -$45M |
| INCOME BEFORE TAX | $848M |
| Income Tax Expense | $99M |
| Net Income from Continuing Ops | $749M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $749M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $749M |
| D&A | $579M |
| EBIT | $899M |
| EBITDA | $1.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $749M |
| Depreciation & Amortization | $579M |
| Stock-Based Compensation | $85M |
| Deferred Income Tax | -$82M |
| Other Non-Cash Items | $101M |
| Change in Working Capital | -$183M |
| OPERATING CASH FLOW | $1.2B |
| Capital Expenditure | -$165M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $31M |
| NET CASH FROM INVESTING | -$134M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$906M |
| Common Dividends Paid | -$394M |
| Other Financing Activities | -$18M |
| NET CASH FROM FINANCING | -$1.3B |
| FREE CASH FLOW | $1.1B |
| Net Change in Cash | -$213M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $0 |
| Net Receivables | $1.7B |
| Inventory | $1.2B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.7B |
| PP&E (Net) | $2.2B |
| Goodwill | $26.9B |
| Intangible Assets | $13.8B |
| Long-Term Investments | $0 |
| Tax Assets | $2.3B |
| Other Non-Current Assets | $495M |
| TOTAL NON-CURRENT ASSETS | $45.7B |
| TOTAL ASSETS | $50.3B |
| Account Payables | $545M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $6.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3.8B |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $11.3B |
| TOTAL LIABILITIES | $13.7B |
| Common Stock | $86M |
| Additional Paid-In Capital | $28.6B |
| Retained Earnings | $8.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$213M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $36.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $36.6B |
| TOTAL LIABILITIES & EQUITY | $50.3B |
| Total Debt | $6.3B |
| Net Debt | $4.7B |
