| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.6B | $8.6B | $5.2B | -12.1% | 45.2% |
| Op. Income | $3.7B | $2.9B | $1.5B | 26.2% | 149.1% |
| Gross Margin | 81.5% | 84.0% | 74.3% | -2.5pp | 7.1pp |
| Net Margin | 37.6% | 25.9% | 20.9% | 11.7pp | 16.6pp |
| EPS (Diluted) | $4.86 | $3.81 | $1.88 | 27.6% | 158.5% |
| Free Cash Flow | $3.6B | $624M | $1.3B | 471.8% | 174.5% |
| Item | Amount |
|---|---|
| REVENUE | $7.6B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $6.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.6B |
| General & Administrative | $162M |
| SG&A Expenses | $1.8B |
| Other Expenses | $743M |
| Operating Expenses | $2.5B |
| Cost & Expenses | $3.9B |
| OPERATING INCOME | $3.7B |
| Interest Income | $0 |
| Interest Expense | $41M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $3.7B |
| Income Tax Expense | $809M |
| Net Income from Continuing Ops | $2.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.9B |
| D&A | $906M |
| EBIT | $3.7B |
| EBITDA | $4.6B |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $7.6B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $6.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.6B |
| General & Administrative | $162M |
| SG&A Expenses | $1.8B |
| Other Expenses | $743M |
| Operating Expenses | $2.5B |
| Cost & Expenses | $3.9B |
| OPERATING INCOME | $3.7B |
| Interest Income | $0 |
| Interest Expense | $41M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $3.7B |
| Income Tax Expense | $809M |
| Net Income from Continuing Ops | $2.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.9B |
| D&A | $906M |
| EBIT | $3.7B |
| EBITDA | $4.6B |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $2.9B |
| Depreciation & Amortization | $906M |
| Stock-Based Compensation | $34M |
| Deferred Income Tax | $327M |
| Other Non-Cash Items | -$689M |
| Change in Working Capital | $1.3B |
| OPERATING CASH FLOW | $4.8B |
| Capital Expenditure | -$1.2B |
| Acquisitions (Net) | $79M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$90M |
| NET CASH FROM INVESTING | -$1.2B |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | -$37M |
| Common Dividends Paid | -$1.3B |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$1.4B |
| FREE CASH FLOW | $3.6B |
| Net Change in Cash | $2.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.3B |
| Short-Term Investments | $0 |
| Net Receivables | $3.4B |
| Inventory | $872M |
| Other Current Assets | $621M |
| TOTAL CURRENT ASSETS | $10.2B |
| PP&E (Net) | $29.1B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $18M |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $30.3B |
| TOTAL ASSETS | $40.5B |
| Account Payables | $2.7B |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $532M |
| TOTAL CURRENT LIABILITIES | $5.7B |
| Long-Term Debt | $3.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4.5B |
| Other Non-Current Liabilities | $2.6B |
| TOTAL NON-CURRENT LIABILITIES | $10.9B |
| TOTAL LIABILITIES | $16.6B |
| Common Stock | $206M |
| Additional Paid-In Capital | $6.2B |
| Retained Earnings | $17.6B |
| Treasury Stock | -$69M |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $23.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $23.8B |
| TOTAL LIABILITIES & EQUITY | $40.5B |
| Total Debt | $5.3B |
| Net Debt | $47M |
