| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.6B | $5.6B | $4.8B | 0.6% | 16.0% |
| Op. Income | -$149M | -$64M | $1.2B | -132.8% | -112.3% |
| Gross Margin | 42.9% | 42.3% | 50.3% | 0.6pp | -7.4pp |
| Net Margin | 0.4% | 1.2% | 20.2% | -0.8pp | -19.8pp |
| EPS (Diluted) | $0.01 | $0.04 | $0.80 | -68.0% | -98.4% |
| Free Cash Flow | $443M | $842M | $736M | -47.4% | -39.8% |
| Item | Amount |
|---|---|
| REVENUE | $5.6B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $2.4B |
| R&D Expenses | $1.4B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $590M |
| Other Expenses | $596M |
| Operating Expenses | $2.6B |
| Cost & Expenses | $5.7B |
| OPERATING INCOME | -$149M |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | $16M |
| INCOME BEFORE TAX | -$133M |
| Income Tax Expense | -$154M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $1.2B |
| EBIT | -$117M |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $1.2B |
| Stock-Based Compensation | $315M |
| Deferred Income Tax | -$177M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$840M |
| OPERATING CASH FLOW | $567M |
| Capital Expenditure | -$124M |
| Acquisitions (Net) | $14M |
| Purchases of Investments | -$268M |
| Sales/Maturities of Investments | $1.4B |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | $1.1B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$285M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$35M |
| NET CASH FROM FINANCING | -$197M |
| FREE CASH FLOW | $443M |
| Net Change in Cash | $1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.8B |
| Short-Term Investments | $1.0B |
| Net Receivables | $4.1B |
| Inventory | $3.8B |
| Other Current Assets | $1.3B |
| TOTAL CURRENT ASSETS | $15.0B |
| PP&E (Net) | $2.0B |
| Goodwill | $24.2B |
| Intangible Assets | $24.1B |
| Long-Term Investments | $83M |
| Tax Assets | $58M |
| Other Non-Current Assets | $2.2B |
| TOTAL NON-CURRENT ASSETS | $52.6B |
| TOTAL ASSETS | $67.6B |
| Account Payables | $2.5B |
| Short-Term Debt | $0 |
| Deferred Revenue | $859M |
| Other Current Liabilities | $178M |
| TOTAL CURRENT LIABILITIES | $6.4B |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.9B |
| Other Non-Current Liabilities | $1.7B |
| TOTAL NON-CURRENT LIABILITIES | $6.5B |
| TOTAL LIABILITIES | $12.8B |
| Common Stock | $16M |
| Additional Paid-In Capital | $58.0B |
| Retained Earnings | -$131M |
| Treasury Stock | -$3.1B |
| Accum. Other Comp. Income | -$41M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $54.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $54.8B |
| TOTAL LIABILITIES & EQUITY | $67.6B |
| Total Debt | $2.9B |
| Net Debt | -$2.0B |
