| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.6B | $6.5B | $4.3B | -15.0% | 29.0% |
| Op. Income | -$64M | $526M | $948M | -112.2% | -106.8% |
| Gross Margin | 42.3% | 46.2% | 48.4% | -3.9pp | -6.1pp |
| Net Margin | 1.2% | 6.8% | 21.4% | -5.6pp | -20.2pp |
| EPS (Diluted) | $0.04 | $0.27 | $0.75 | -85.0% | -94.6% |
| Free Cash Flow | $842M | $906M | $764M | -7.1% | 10.2% |
| Item | Amount |
|---|---|
| REVENUE | $5.6B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $2.4B |
| R&D Expenses | $1.3B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $557M |
| Other Expenses | $582M |
| Operating Expenses | $2.4B |
| Cost & Expenses | $5.6B |
| OPERATING INCOME | -$64M |
| Interest Income | $0 |
| Interest Expense | $31M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$69M |
| Income Tax Expense | -$135M |
| Net Income from Continuing Ops | $66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $66M |
| D&A | $1.2B |
| EBIT | -$42M |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $66M |
| Depreciation & Amortization | $1.2B |
| Stock-Based Compensation | $275M |
| Deferred Income Tax | -$710M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $146M |
| OPERATING CASH FLOW | $965M |
| Capital Expenditure | -$123M |
| Acquisitions (Net) | -$1.6B |
| Purchases of Investments | -$1.8B |
| Sales/Maturities of Investments | $615M |
| Other Investing Activities | $1.5B |
| NET CASH FROM INVESTING | -$1.3B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$922M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$305M |
| NET CASH FROM FINANCING | -$1.2B |
| FREE CASH FLOW | $842M |
| Net Change in Cash | -$1.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.4B |
| Short-Term Investments | $2.2B |
| Net Receivables | $4.3B |
| Inventory | $3.4B |
| Other Current Assets | $401M |
| TOTAL CURRENT ASSETS | $14.4B |
| PP&E (Net) | $2.0B |
| Goodwill | $24.2B |
| Intangible Assets | $25.7B |
| Long-Term Investments | $80M |
| Tax Assets | $32M |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $53.4B |
| TOTAL ASSETS | $67.8B |
| Account Payables | $2.3B |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.1B |
| Other Current Liabilities | -$26M |
| TOTAL CURRENT LIABILITIES | $6.7B |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.1B |
| Other Non-Current Liabilities | $1.6B |
| TOTAL NON-CURRENT LIABILITIES | $6.6B |
| TOTAL LIABILITIES | $13.3B |
| Common Stock | $16M |
| Additional Paid-In Capital | $57.6B |
| Retained Earnings | -$152M |
| Treasury Stock | -$2.8B |
| Accum. Other Comp. Income | -$88M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $54.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $54.5B |
| TOTAL LIABILITIES & EQUITY | $67.8B |
| Total Debt | $2.9B |
| Net Debt | -$508M |
