| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $829M | — | $660M | — | 25.6% |
| Op. Income | $338M | — | $268M | — | 26.2% |
| Gross Margin | 76.8% | — | 78.9% | — | -2.1pp |
| Net Margin | 34.0% | — | 30.6% | — | 3.3pp |
| EPS (Diluted) | $2.10 | — | $1.44 | — | 45.8% |
| Free Cash Flow | $373M | — | $235M | — | 58.6% |
| Item | Amount |
|---|---|
| REVENUE | $829M |
| Cost of Revenue | $192M |
| GROSS PROFIT | $637M |
| R&D Expenses | $76M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $149M |
| Other Expenses | $74M |
| Operating Expenses | $299M |
| Cost & Expenses | $492M |
| OPERATING INCOME | $338M |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | $348M |
| Income Tax Expense | $67M |
| Net Income from Continuing Ops | $282M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $282M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $282M |
| D&A | $85M |
| EBIT | $367M |
| EBITDA | $452M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $829M |
| Cost of Revenue | $192M |
| GROSS PROFIT | $637M |
| R&D Expenses | $76M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $149M |
| Other Expenses | $74M |
| Operating Expenses | $299M |
| Cost & Expenses | $492M |
| OPERATING INCOME | $338M |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | $348M |
| Income Tax Expense | $67M |
| Net Income from Continuing Ops | $282M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $282M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $282M |
| D&A | $85M |
| EBIT | $367M |
| EBITDA | $452M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $282M |
| Depreciation & Amortization | $85M |
| Stock-Based Compensation | $37M |
| Deferred Income Tax | $35M |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | -$39M |
| OPERATING CASH FLOW | $389M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$293M |
| Sales/Maturities of Investments | $211M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$97M |
| Net Debt Issuance | -$13M |
| Common Stock Repurchased | -$402M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | -$408M |
| FREE CASH FLOW | $373M |
| Net Change in Cash | -$116M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $118M |
| Short-Term Investments | $218M |
| Net Receivables | $234M |
| Inventory | $128M |
| Other Current Assets | $49M |
| TOTAL CURRENT ASSETS | $746M |
| PP&E (Net) | $75M |
| Goodwill | $417M |
| Intangible Assets | $473M |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $987M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $12M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $112M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $38M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $127.0K |
| Additional Paid-In Capital | $2M |
| Retained Earnings | $91M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $84M |
| Minority Interest | $0 |
| TOTAL EQUITY | $84M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $1.5B |
| Net Debt | $1.4B |