| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.8B | $12.7B | $12.8B | 0.9% | 0.2% |
| Op. Income | $3.6B | $3.5B | $3.5B | 3.5% | 4.2% |
| Gross Margin | 63.3% | 63.3% | 63.9% | -0.0pp | -0.7pp |
| Net Margin | 23.7% | 23.4% | 22.4% | 0.3pp | 1.4pp |
| EPS (Diluted) | $0.73 | $0.71 | $0.68 | 2.8% | 7.4% |
| Free Cash Flow | $3.6B | $2.4B | $3.7B | 51.2% | -4.1% |
| Item | Amount |
|---|---|
| REVENUE | $12.8B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $8.1B |
| R&D Expenses | $1.7B |
| Selling & Marketing | $2.2B |
| General & Administrative | $517M |
| SG&A Expenses | $2.7B |
| Other Expenses | $77M |
| Operating Expenses | $4.5B |
| Cost & Expenses | $9.2B |
| OPERATING INCOME | $3.6B |
| Interest Income | $115M |
| Interest Expense | $90M |
| Other Income/Expenses | $191M |
| INCOME BEFORE TAX | $3.8B |
| Income Tax Expense | $757M |
| Net Income from Continuing Ops | $3.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.0B |
| D&A | $478M |
| EBIT | $3.9B |
| EBITDA | $4.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $12.8B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $8.1B |
| R&D Expenses | $1.7B |
| Selling & Marketing | $2.2B |
| General & Administrative | $517M |
| SG&A Expenses | $2.7B |
| Other Expenses | $77M |
| Operating Expenses | $4.5B |
| Cost & Expenses | $9.2B |
| OPERATING INCOME | $3.6B |
| Interest Income | $115M |
| Interest Expense | $90M |
| Other Income/Expenses | $191M |
| INCOME BEFORE TAX | $3.8B |
| Income Tax Expense | $757M |
| Net Income from Continuing Ops | $3.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.0B |
| D&A | $478M |
| EBIT | $3.9B |
| EBITDA | $4.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.0B |
| Depreciation & Amortization | $478M |
| Stock-Based Compensation | $477M |
| Deferred Income Tax | -$29M |
| Other Non-Cash Items | -$106M |
| Change in Working Capital | -$203M |
| OPERATING CASH FLOW | $3.7B |
| Capital Expenditure | -$106M |
| Acquisitions (Net) | -$12M |
| Purchases of Investments | -$1.5B |
| Sales/Maturities of Investments | $2.3B |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | $653M |
| Net Debt Issuance | -$2.0B |
| Common Stock Repurchased | -$377M |
| Common Dividends Paid | -$1.6B |
| Other Financing Activities | -$68M |
| NET CASH FROM FINANCING | -$4.0B |
| FREE CASH FLOW | $3.6B |
| Net Change in Cash | $217M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.0B |
| Short-Term Investments | $13.2B |
| Net Receivables | $9.6B |
| Inventory | $2.2B |
| Other Current Assets | $4.1B |
| TOTAL CURRENT ASSETS | $36.0B |
| PP&E (Net) | $2.0B |
| Goodwill | $38.5B |
| Intangible Assets | $2.8B |
| Long-Term Investments | $0 |
| Tax Assets | $4.3B |
| Other Non-Current Assets | $9.2B |
| TOTAL NON-CURRENT ASSETS | $56.8B |
| TOTAL ASSETS | $92.8B |
| Account Payables | $2.3B |
| Short-Term Debt | $1.0B |
| Deferred Revenue | $12.2B |
| Other Current Liabilities | $7.8B |
| TOTAL CURRENT LIABILITIES | $24.1B |
| Long-Term Debt | $8.4B |
| Deferred Revenue NC | $10.0B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9.8B |
| TOTAL NON-CURRENT LIABILITIES | $28.2B |
| TOTAL LIABILITIES | $52.4B |
| Common Stock | $42.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$724M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $40.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $40.4B |
| TOTAL LIABILITIES & EQUITY | $92.8B |
| Total Debt | $9.4B |
| Net Debt | $2.5B |
