HOLX FY 2022 Earnings Report — Hologic, Inc. Revenue & Financial Results | Market Cap Arena

Hologic, Inc.HOLX

FY 2022 Earnings

Reported November 15, 2022

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2022	Prior Q	FY 2021	QoQ Change	YoY Change
Revenue	$4.9B	—	$5.6B	—	-13.7%
Op. Income	$1.6B	—	$2.5B	—	-33.9%
Gross Margin	61.6%	—	67.4%	—	-5.8pp
Net Margin	26.8%	—	33.2%	—	-6.5pp
EPS (Diluted)	$5.13	—	$7.21	—	-28.8%
Free Cash Flow	$2.0B	—	$2.2B	—	-7.2%

Revenue Flow

Item	Amount
REVENUE	$4.9B
Cost of Revenue	$1.9B
GROSS PROFIT	$3.0B
R&D Expenses	$283M
Selling & Marketing	$630M
General & Administrative	$408M
SG&A Expenses	$1.0B
Other Expenses	$36M
Operating Expenses	$1.4B
Cost & Expenses	$3.2B
OPERATING INCOME	$1.6B
Interest Income	$13M
Interest Expense	$95M
Other Income/Expenses	-$52M
INCOME BEFORE TAX	$1.6B
Income Tax Expense	$286M
Net Income from Continuing Ops	$1.3B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.3B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.3B
D&A	$430M
EBIT	$1.7B
EBITDA	$2.1B
EPS	$5
EPS Diluted	$5

Income Statement

Item	Amount
REVENUE	$4.9B
Cost of Revenue	$1.9B
GROSS PROFIT	$3.0B
R&D Expenses	$283M
Selling & Marketing	$630M
General & Administrative	$408M
SG&A Expenses	$1.0B
Other Expenses	$36M
Operating Expenses	$1.4B
Cost & Expenses	$3.2B
OPERATING INCOME	$1.6B
Interest Income	$13M
Interest Expense	$95M
Other Income/Expenses	-$52M
INCOME BEFORE TAX	$1.6B
Income Tax Expense	$286M
Net Income from Continuing Ops	$1.3B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.3B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.3B
D&A	$430M
EBIT	$1.7B
EBITDA	$2.1B
EPS	$5
EPS Diluted	$5

Cash Flow Statement

Item	Amount
Net Income	$1.3B
Depreciation & Amortization	$430M
Stock-Based Compensation	$67M
Deferred Income Tax	-$166M
Other Non-Cash Items	$39M
Change in Working Capital	$454M
OPERATING CASH FLOW	$2.1B
Capital Expenditure	-$127M
Acquisitions (Net)	-$159M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$80M
NET CASH FROM INVESTING	-$206M
Net Debt Issuance	-$212M
Common Stock Repurchased	-$542M
Common Dividends Paid	$0
Other Financing Activities	-$2M
NET CASH FROM FINANCING	-$756M
FREE CASH FLOW	$2.0B
Net Change in Cash	$1.2B

Balance Sheet

Item	Amount
Cash & Equivalents	$2.3B
Short-Term Investments	$0
Net Receivables	$618M
Inventory	$624M
Other Current Assets	$232M
TOTAL CURRENT ASSETS	$3.9B
PP&E (Net)	$551M
Goodwill	$3.2B
Intangible Assets	$1.3B
Long-Term Investments	$6M
Tax Assets	$16M
Other Non-Current Assets	$120M
TOTAL NON-CURRENT ASSETS	$5.2B
TOTAL ASSETS	$9.1B
Account Payables	$198M
Short-Term Debt	$15M
Deferred Revenue	$187M
Other Current Liabilities	$292M
TOTAL CURRENT LIABILITIES	$938M
Long-Term Debt	$2.8B
Deferred Revenue NC	$9M
Deferred Tax Liabilities	$342M
Other Non-Current Liabilities	$25M
TOTAL NON-CURRENT LIABILITIES	$3.3B
TOTAL LIABILITIES	$4.2B
Common Stock	$3M
Additional Paid-In Capital	$6.0B
Retained Earnings	$1.6B
Treasury Stock	-$2.5B
Accum. Other Comp. Income	-$238M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$4.9B
Minority Interest	$0
TOTAL EQUITY	$4.9B
TOTAL LIABILITIES & EQUITY	$9.1B
Total Debt	$2.9B
Net Debt	$582M