| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.5B | $6.2B | $6.2B | 4.4% | 5.2% |
| Op. Income | $1.9B | $1.9B | $2.0B | 1.6% | -4.4% |
| Gross Margin | 46.1% | 46.9% | 47.9% | -0.8pp | -1.8pp |
| Net Margin | 24.6% | 24.6% | 27.7% | 0.0pp | -3.1pp |
| EPS (Diluted) | $1.85 | $1.74 | $1.87 | 6.3% | -1.1% |
| Free Cash Flow | $1.3B | $205M | $1.5B | 514.1% | -18.7% |
| Item | Amount |
|---|---|
| REVENUE | $6.5B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $705M |
| Selling & Marketing | $180M |
| General & Administrative | $197M |
| SG&A Expenses | $377M |
| Other Expenses | $0 |
| Operating Expenses | $1.1B |
| Cost & Expenses | $4.6B |
| OPERATING INCOME | $1.9B |
| Interest Income | $0 |
| Interest Expense | $63M |
| Other Income/Expenses | -$63M |
| INCOME BEFORE TAX | $1.9B |
| Income Tax Expense | $255M |
| Net Income from Continuing Ops | $1.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.6B |
| D&A | $108M |
| EBIT | $1.9B |
| EBITDA | $2.0B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $6.5B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $705M |
| Selling & Marketing | $180M |
| General & Administrative | $197M |
| SG&A Expenses | $377M |
| Other Expenses | $0 |
| Operating Expenses | $1.1B |
| Cost & Expenses | $4.6B |
| OPERATING INCOME | $1.9B |
| Interest Income | $0 |
| Interest Expense | $63M |
| Other Income/Expenses | -$63M |
| INCOME BEFORE TAX | $1.9B |
| Income Tax Expense | $255M |
| Net Income from Continuing Ops | $1.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.6B |
| D&A | $108M |
| EBIT | $1.9B |
| EBITDA | $2.0B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $1.6B |
| Depreciation & Amortization | $108M |
| Stock-Based Compensation | $95M |
| Deferred Income Tax | $47M |
| Other Non-Cash Items | $22M |
| Change in Working Capital | -$409M |
| OPERATING CASH FLOW | $1.5B |
| Capital Expenditure | -$210M |
| Acquisitions (Net) | -$441M |
| Purchases of Investments | -$339M |
| Sales/Maturities of Investments | $374M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$616M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1.0B |
| Common Dividends Paid | -$225M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$1.2B |
| FREE CASH FLOW | $1.3B |
| Net Change in Cash | -$375M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.0B |
| Short-Term Investments | $592M |
| Net Receivables | $5.1B |
| Inventory | $5.5B |
| Other Current Assets | $1.3B |
| TOTAL CURRENT ASSETS | $15.4B |
| PP&E (Net) | $2.6B |
| Goodwill | $3.7B |
| Intangible Assets | $337M |
| Long-Term Investments | $2.0B |
| Tax Assets | $1.5B |
| Other Non-Current Assets | $561M |
| TOTAL NON-CURRENT ASSETS | $10.7B |
| TOTAL ASSETS | $26.2B |
| Account Payables | $1.7B |
| Short-Term Debt | $98M |
| Deferred Revenue | $2.8B |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $6.8B |
| Long-Term Debt | $5.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.5B |
| TOTAL NON-CURRENT LIABILITIES | $7.3B |
| TOTAL LIABILITIES | $14.1B |
| Common Stock | $9M |
| Additional Paid-In Capital | $8.4B |
| Retained Earnings | $36.5B |
| Treasury Stock | -$32.6B |
| Accum. Other Comp. Income | -$259M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $12.1B |
| TOTAL LIABILITIES & EQUITY | $26.2B |
| Total Debt | $5.9B |
| Net Debt | $2.9B |
