| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.5B | $8.1B | $6.8B | 4.5% | 24.9% |
| Op. Income | $3.7B | $3.4B | $2.1B | 9.5% | 75.8% |
| Gross Margin | 67.1% | 67.1% | 61.9% | -0.0pp | 5.2pp |
| Net Margin | 36.3% | 32.0% | 27.7% | 4.4pp | 8.6pp |
| EPS (Diluted) | $0.70 | $0.59 | $0.42 | 18.6% | 66.7% |
| Free Cash Flow | $4.3B | $4.2B | $3.4B | 3.6% | 25.7% |
| Item | Amount |
|---|---|
| REVENUE | $8.5B |
| Cost of Revenue | $2.8B |
| GROSS PROFIT | $5.7B |
| R&D Expenses | $1.3B |
| Selling & Marketing | $0 |
| General & Administrative | $323M |
| SG&A Expenses | $323M |
| Other Expenses | $359M |
| Operating Expenses | $1.9B |
| Cost & Expenses | $4.7B |
| OPERATING INCOME | $3.7B |
| Interest Income | $0 |
| Interest Expense | $406M |
| Other Income/Expenses | -$400M |
| INCOME BEFORE TAX | $3.3B |
| Income Tax Expense | $263M |
| Net Income from Continuing Ops | $3.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.0B |
| D&A | $1.2B |
| EBIT | $3.7B |
| EBITDA | $5.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $8.5B |
| Cost of Revenue | $2.8B |
| GROSS PROFIT | $5.7B |
| R&D Expenses | $1.3B |
| Selling & Marketing | $0 |
| General & Administrative | $323M |
| SG&A Expenses | $323M |
| Other Expenses | $359M |
| Operating Expenses | $1.9B |
| Cost & Expenses | $4.7B |
| OPERATING INCOME | $3.7B |
| Interest Income | $0 |
| Interest Expense | $406M |
| Other Income/Expenses | -$400M |
| INCOME BEFORE TAX | $3.3B |
| Income Tax Expense | $263M |
| Net Income from Continuing Ops | $3.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.0B |
| D&A | $1.2B |
| EBIT | $3.7B |
| EBITDA | $5.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.1B |
| Depreciation & Amortization | $1.2B |
| Stock-Based Compensation | $373M |
| Deferred Income Tax | -$15M |
| Other Non-Cash Items | $59M |
| Change in Working Capital | -$284M |
| OPERATING CASH FLOW | $4.4B |
| Capital Expenditure | -$116M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | -$200M |
| Sales/Maturities of Investments | $200M |
| Other Investing Activities | $201M |
| NET CASH FROM INVESTING | $80M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1.8B |
| Common Dividends Paid | -$1.7B |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$3.5B |
| FREE CASH FLOW | $4.3B |
| Net Change in Cash | $972M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.0B |
| Short-Term Investments | $0 |
| Net Receivables | $2.7B |
| Inventory | $1.8B |
| Other Current Assets | $310M |
| TOTAL CURRENT ASSETS | $15.6B |
| PP&E (Net) | $2.3B |
| Goodwill | $43.6B |
| Intangible Assets | $8.2B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.7B |
| TOTAL NON-CURRENT ASSETS | $55.8B |
| TOTAL ASSETS | $71.3B |
| Account Payables | $712M |
| Short-Term Debt | $269M |
| Deferred Revenue | $3.3B |
| Other Current Liabilities | $839M |
| TOTAL CURRENT LIABILITIES | $6.7B |
| Long-Term Debt | $39.2B |
| Deferred Revenue NC | -$3.3B |
| Deferred Tax Liabilities | $3.3B |
| Other Non-Current Liabilities | $4.5B |
| TOTAL NON-CURRENT LIABILITIES | $43.7B |
| TOTAL LIABILITIES | $50.4B |
| Common Stock | $0 |
| Additional Paid-In Capital | $21.0B |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$114M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $20.9B |
| TOTAL LIABILITIES & EQUITY | $71.3B |
| Total Debt | $39.5B |
| Net Debt | $29.5B |
