| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.9B | $8.5B | $7.4B | 5.5% | 20.6% |
| Op. Income | $4.0B | $3.7B | $2.6B | 6.7% | 54.4% |
| Gross Margin | 66.4% | 67.1% | 62.6% | -0.8pp | 3.7pp |
| Net Margin | 37.6% | 36.3% | 26.9% | 1.3pp | 10.8pp |
| EPS (Diluted) | $0.77 | $0.70 | $0.45 | 10.0% | 71.1% |
| Free Cash Flow | $4.5B | $4.3B | $3.5B | 3.6% | 29.2% |
| Item | Amount |
|---|---|
| REVENUE | $8.9B |
| Cost of Revenue | $3.0B |
| GROSS PROFIT | $5.9B |
| R&D Expenses | $1.2B |
| Selling & Marketing | $0 |
| General & Administrative | $370M |
| SG&A Expenses | $370M |
| Other Expenses | $358M |
| Operating Expenses | $1.9B |
| Cost & Expenses | $4.9B |
| OPERATING INCOME | $4.0B |
| Interest Income | $0 |
| Interest Expense | $406M |
| Other Income/Expenses | -$366M |
| INCOME BEFORE TAX | $3.6B |
| Income Tax Expense | $261M |
| Net Income from Continuing Ops | $3.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.3B |
| D&A | $1.2B |
| EBIT | $4.0B |
| EBITDA | $5.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $8.9B |
| Cost of Revenue | $3.0B |
| GROSS PROFIT | $5.9B |
| R&D Expenses | $1.2B |
| Selling & Marketing | $0 |
| General & Administrative | $370M |
| SG&A Expenses | $370M |
| Other Expenses | $358M |
| Operating Expenses | $1.9B |
| Cost & Expenses | $4.9B |
| OPERATING INCOME | $4.0B |
| Interest Income | $0 |
| Interest Expense | $406M |
| Other Income/Expenses | -$366M |
| INCOME BEFORE TAX | $3.6B |
| Income Tax Expense | $261M |
| Net Income from Continuing Ops | $3.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.3B |
| D&A | $1.2B |
| EBIT | $4.0B |
| EBITDA | $5.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.4B |
| Depreciation & Amortization | $1.2B |
| Stock-Based Compensation | $387M |
| Deferred Income Tax | -$89M |
| Other Non-Cash Items | $63M |
| Change in Working Capital | -$353M |
| OPERATING CASH FLOW | $4.6B |
| Capital Expenditure | -$122M |
| Acquisitions (Net) | -$7M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$128M |
| Net Debt Issuance | -$9M |
| Common Stock Repurchased | -$274M |
| Common Dividends Paid | -$1.8B |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$2.0B |
| FREE CASH FLOW | $4.5B |
| Net Change in Cash | $2.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12.4B |
| Short-Term Investments | $0 |
| Net Receivables | $3.0B |
| Inventory | $1.9B |
| Other Current Assets | $341M |
| TOTAL CURRENT ASSETS | $18.5B |
| PP&E (Net) | $2.2B |
| Goodwill | $43.6B |
| Intangible Assets | $7.1B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.8B |
| TOTAL NON-CURRENT ASSETS | $54.7B |
| TOTAL ASSETS | $73.2B |
| Account Payables | $998M |
| Short-Term Debt | $403M |
| Deferred Revenue | $2.9B |
| Other Current Liabilities | $1.5B |
| TOTAL CURRENT LIABILITIES | $7.1B |
| Long-Term Debt | $39.1B |
| Deferred Revenue NC | $410M |
| Deferred Tax Liabilities | $3.2B |
| Other Non-Current Liabilities | $385M |
| TOTAL NON-CURRENT LIABILITIES | $43.5B |
| TOTAL LIABILITIES | $50.5B |
| Common Stock | $0 |
| Additional Paid-In Capital | $21.2B |
| Retained Earnings | $1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$54M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $22.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $22.7B |
| TOTAL LIABILITIES & EQUITY | $73.2B |
| Total Debt | $40.0B |
| Net Debt | $27.6B |
