| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.2B | $824M | 8.4% | 54.7% |
| Op. Income | $469M | $417M | $266M | 12.4% | 76.4% |
| Gross Margin | 60.3% | 60.3% | 63.4% | -0.1pp | -3.1pp |
| Net Margin | 33.5% | 30.1% | 29.0% | 3.4pp | 4.5pp |
| EPS (Diluted) | $0.34 | $0.28 | $0.19 | 21.4% | 78.9% |
| Free Cash Flow | $30M | $124M | $216M | -75.7% | -86.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $507M |
| GROSS PROFIT | $769M |
| R&D Expenses | $190M |
| Selling & Marketing | $85M |
| General & Administrative | $24M |
| SG&A Expenses | $109M |
| Other Expenses | $0 |
| Operating Expenses | $300M |
| Cost & Expenses | $807M |
| OPERATING INCOME | $469M |
| Interest Income | $14M |
| Interest Expense | $0 |
| Other Income/Expenses | $17M |
| INCOME BEFORE TAX | $486M |
| Income Tax Expense | $59M |
| Net Income from Continuing Ops | $427M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $427M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $427M |
| D&A | $18M |
| EBIT | $469M |
| EBITDA | $486M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $507M |
| GROSS PROFIT | $769M |
| R&D Expenses | $190M |
| Selling & Marketing | $85M |
| General & Administrative | $24M |
| SG&A Expenses | $109M |
| Other Expenses | $0 |
| Operating Expenses | $300M |
| Cost & Expenses | $807M |
| OPERATING INCOME | $469M |
| Interest Income | $14M |
| Interest Expense | $0 |
| Other Income/Expenses | $17M |
| INCOME BEFORE TAX | $486M |
| Income Tax Expense | $59M |
| Net Income from Continuing Ops | $427M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $427M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $427M |
| D&A | $18M |
| EBIT | $469M |
| EBITDA | $486M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $427M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $65M |
| Deferred Income Tax | -$96M |
| Other Non-Cash Items | $53.0K |
| Change in Working Capital | -$373M |
| OPERATING CASH FLOW | $40M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$445M |
| Sales/Maturities of Investments | $373M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$83M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $30M |
| Net Change in Cash | -$45M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $672M |
| Short-Term Investments | $2.4B |
| Net Receivables | $923M |
| Inventory | $1.3B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $5.6B |
| PP&E (Net) | $95M |
| Goodwill | $266M |
| Intangible Assets | $122M |
| Long-Term Investments | $39M |
| Tax Assets | $575M |
| Other Non-Current Assets | $127M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $6.8B |
| Account Payables | $233M |
| Short-Term Debt | $0 |
| Deferred Revenue | $637M |
| Other Current Liabilities | $248M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $404M |
| Deferred Tax Liabilities | $42.0K |
| Other Non-Current Liabilities | $148M |
| TOTAL NON-CURRENT LIABILITIES | $596M |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $31.0K |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $3.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$34M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.9B |
| TOTAL LIABILITIES & EQUITY | $6.8B |
| Total Debt | $44M |
| Net Debt | -$628M |
