| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.8B | $7.0B | $6.2B | 10.7% | 26.2% |
| Op. Income | $792M | $786M | $922M | 0.8% | -14.1% |
| Gross Margin | 41.4% | 42.2% | 44.0% | -0.7pp | -2.6pp |
| Net Margin | 7.7% | 7.2% | 10.2% | 0.5pp | -2.6pp |
| EPS (Diluted) | $0.18 | $0.15 | $0.19 | 17.0% | -5.7% |
| Free Cash Flow | $415M | $609M | $1.5B | -31.9% | -72.6% |
| Item | Amount |
|---|---|
| REVENUE | $7.8B |
| Cost of Revenue | $4.6B |
| GROSS PROFIT | $3.2B |
| R&D Expenses | $1.4B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.1B |
| Other Expenses | $0 |
| Operating Expenses | $2.4B |
| Cost & Expenses | $7.0B |
| OPERATING INCOME | $792M |
| Interest Income | $0 |
| Interest Expense | $61M |
| Other Income/Expenses | -$40M |
| INCOME BEFORE TAX | $752M |
| Income Tax Expense | $139M |
| Net Income from Continuing Ops | $612M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $596M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $596M |
| D&A | $257M |
| EBIT | $810M |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7.8B |
| Cost of Revenue | $4.6B |
| GROSS PROFIT | $3.2B |
| R&D Expenses | $1.4B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.1B |
| Other Expenses | $0 |
| Operating Expenses | $2.4B |
| Cost & Expenses | $7.0B |
| OPERATING INCOME | $792M |
| Interest Income | $0 |
| Interest Expense | $61M |
| Other Income/Expenses | -$40M |
| INCOME BEFORE TAX | $752M |
| Income Tax Expense | $139M |
| Net Income from Continuing Ops | $612M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $596M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $596M |
| D&A | $257M |
| EBIT | $810M |
| EBITDA | $1.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $596M |
| Depreciation & Amortization | $257M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $62M |
| Change in Working Capital | -$374M |
| OPERATING CASH FLOW | $542M |
| Capital Expenditure | -$127M |
| Acquisitions (Net) | -$6.3B |
| Purchases of Investments | -$180M |
| Sales/Maturities of Investments | -$39M |
| Other Investing Activities | -$670M |
| NET CASH FROM INVESTING | -$7.3B |
| Net Debt Issuance | -$510M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $7M |
| Other Financing Activities | -$113M |
| NET CASH FROM FINANCING | -$615M |
| FREE CASH FLOW | $415M |
| Net Change in Cash | -$7.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.0B |
| Short-Term Investments | $721M |
| Net Receivables | $8.7B |
| Inventory | $5.8B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $19.2B |
| PP&E (Net) | $2.4B |
| Goodwill | $10.1B |
| Intangible Assets | $3.4B |
| Long-Term Investments | $1.5B |
| Tax Assets | $2.6B |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $20.0B |
| TOTAL ASSETS | $39.2B |
| Account Payables | $4.4B |
| Short-Term Debt | $880M |
| Deferred Revenue | $4.5B |
| Other Current Liabilities | $6.1B |
| TOTAL CURRENT LIABILITIES | $16.5B |
| Long-Term Debt | $2.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $872M |
| Other Non-Current Liabilities | $3.3B |
| TOTAL NON-CURRENT LIABILITIES | $7.9B |
| TOTAL LIABILITIES | $24.4B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $15.1B |
| TOTAL STOCKHOLDERS' EQUITY | $15.1B |
| Minority Interest | -$194M |
| TOTAL EQUITY | $14.9B |
| TOTAL LIABILITIES & EQUITY | $39.2B |
| Total Debt | $4.6B |
| Net Debt | $604M |
