| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $15.3B | $15.3B | $19.2B | 0.1% | -20.1% |
| Op. Income | -$175M | -$700M | $5.3B | 75.0% | -103.3% |
| Gross Margin | 42.6% | 36.5% | 56.0% | 6.1pp | -13.4pp |
| Net Margin | 6.6% | -3.0% | 35.6% | 9.6pp | -28.9pp |
| EPS (Diluted) | $0.25 | $-0.11 | $1.67 | 327.3% | -85.0% |
| Free Cash Flow | -$6.3B | -$6.4B | $5.5B | 2.7% | -214.8% |
| Item | Amount |
|---|---|
| REVENUE | $15.3B |
| Cost of Revenue | $8.8B |
| GROSS PROFIT | $6.5B |
| R&D Expenses | $4.3B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.7B |
| Other Expenses | $664M |
| Operating Expenses | $6.7B |
| Cost & Expenses | $15.5B |
| OPERATING INCOME | -$175M |
| Interest Income | $170M |
| Interest Expense | $114M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | -$188M |
| Income Tax Expense | -$1.2B |
| Net Income from Continuing Ops | $1.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.0B |
| D&A | $3.3B |
| EBIT | -$74M |
| EBITDA | $3.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1.0B |
| Depreciation & Amortization | $3.3B |
| Stock-Based Compensation | $793M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $747M |
| Change in Working Capital | -$4.8B |
| OPERATING CASH FLOW | $1.0B |
| Capital Expenditure | -$7.3B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6.2B |
| Sales/Maturities of Investments | $9.8B |
| Other Investing Activities | -$944M |
| NET CASH FROM INVESTING | -$4.6B |
| Net Debt Issuance | $4.7B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1.5B |
| Other Financing Activities | $138M |
| NET CASH FROM FINANCING | $3.7B |
| FREE CASH FLOW | -$6.3B |
| Net Change in Cash | $139M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.5B |
| Short-Term Investments | $18.0B |
| Net Receivables | $7.5B |
| Inventory | $12.8B |
| Other Current Assets | $6.4B |
| TOTAL CURRENT ASSETS | $49.3B |
| PP&E (Net) | $75.8B |
| Goodwill | $27.6B |
| Intangible Assets | $6.3B |
| Long-Term Investments | $5.8B |
| Tax Assets | $361M |
| Other Non-Current Assets | $9.8B |
| TOTAL NON-CURRENT ASSETS | $125.6B |
| TOTAL ASSETS | $174.8B |
| Account Payables | $7.1B |
| Short-Term Debt | $2.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $15.0B |
| TOTAL CURRENT LIABILITIES | $27.8B |
| Long-Term Debt | $37.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $361M |
| Other Non-Current Liabilities | $9.5B |
| TOTAL NON-CURRENT LIABILITIES | $47.1B |
| TOTAL LIABILITIES | $75.0B |
| Common Stock | $30.9B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $71.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $99.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $99.9B |
| TOTAL LIABILITIES & EQUITY | $174.8B |
| Total Debt | $39.5B |
| Net Debt | $35.0B |
