| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14.1B | $15.5B | $13.3B | -9.2% | 6.5% |
| Op. Income | $1.6B | $2.0B | $1.3B | -20.4% | 16.8% |
| Gross Margin | 52.7% | 53.4% | 53.6% | -0.7pp | -1.0pp |
| Net Margin | -22.7% | 9.0% | 8.5% | -31.6pp | -31.2pp |
| EPS (Diluted) | $-3.55 | $1.53 | $1.25 | -332.0% | -384.0% |
| Free Cash Flow | $1.4B | $810M | $2.0B | 78.5% | -26.9% |
| Item | Amount |
|---|---|
| REVENUE | $14.1B |
| Cost of Revenue | $6.7B |
| GROSS PROFIT | $7.4B |
| R&D Expenses | $1.6B |
| Selling & Marketing | $297M |
| General & Administrative | $3.8B |
| SG&A Expenses | $4.1B |
| Other Expenses | $141M |
| Operating Expenses | $5.9B |
| Cost & Expenses | $12.5B |
| OPERATING INCOME | $1.6B |
| Interest Income | $53M |
| Interest Expense | $295M |
| Other Income/Expenses | -$6.1B |
| INCOME BEFORE TAX | -$4.5B |
| Income Tax Expense | -$1.3B |
| Net Income from Continuing Ops | -$3.2B |
| Net Income from Discontinued Ops | $18M |
| Other Adjustments | $0 |
| NET INCOME | -$3.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3.2B |
| D&A | $1.2B |
| EBIT | -$4.2B |
| EBITDA | -$3.0B |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$3.2B |
| Depreciation & Amortization | $1.2B |
| Stock-Based Compensation | $251M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5.9B |
| Change in Working Capital | -$2.2B |
| OPERATING CASH FLOW | $1.9B |
| Capital Expenditure | -$455M |
| Acquisitions (Net) | -$59M |
| Purchases of Investments | -$2.1B |
| Sales/Maturities of Investments | $944M |
| Other Investing Activities | -$127M |
| NET CASH FROM INVESTING | -$1.7B |
| Net Debt Issuance | $2.1B |
| Common Stock Repurchased | -$14M |
| Common Dividends Paid | -$1.5B |
| Other Financing Activities | $80M |
| NET CASH FROM FINANCING | $713M |
| FREE CASH FLOW | $1.4B |
| Net Change in Cash | $721M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.8B |
| Short-Term Investments | $1.8B |
| Net Receivables | $6.0B |
| Inventory | $1.8B |
| Other Current Assets | $9.7B |
| TOTAL CURRENT ASSETS | $29.0B |
| PP&E (Net) | $7.9B |
| Goodwill | $54.2B |
| Intangible Assets | $11.0B |
| Long-Term Investments | $1.6B |
| Tax Assets | $6.9B |
| Other Non-Current Assets | $15.3B |
| TOTAL NON-CURRENT ASSETS | $96.9B |
| TOTAL ASSETS | $125.8B |
| Account Payables | $3.8B |
| Short-Term Debt | $5.9B |
| Deferred Revenue | $11.1B |
| Other Current Liabilities | $3.4B |
| TOTAL CURRENT LIABILITIES | $30.5B |
| Long-Term Debt | $44.9B |
| Deferred Revenue NC | $3.0B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $25.2B |
| TOTAL NON-CURRENT LIABILITIES | $75.2B |
| TOTAL LIABILITIES | $105.7B |
| Common Stock | $58.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $148.6B |
| Treasury Stock | -$169.5B |
| Accum. Other Comp. Income | -$17.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20.1B |
| Minority Interest | $71M |
| TOTAL EQUITY | $20.1B |
| TOTAL LIABILITIES & EQUITY | $125.8B |
| Total Debt | $53.8B |
| Net Debt | $46.0B |
