| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | $2.4B | $1.8B | -2.7% | 26.9% |
| Op. Income | $895M | $966M | $672M | -7.4% | 33.1% |
| Gross Margin | 61.0% | 61.4% | 60.7% | -0.4pp | 0.4pp |
| Net Margin | 31.9% | 30.5% | 31.5% | 1.4pp | 0.5pp |
| EPS (Diluted) | $4.83 | $4.71 | $3.66 | 2.5% | 32.0% |
| Free Cash Flow | $719M | $746M | $585M | -3.7% | 22.8% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $892M |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $285M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $216M |
| Other Expenses | $0 |
| Operating Expenses | $502M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $895M |
| Interest Income | $0 |
| Interest Expense | $40M |
| Other Income/Expenses | -$49M |
| INCOME BEFORE TAX | $846M |
| Income Tax Expense | $116M |
| Net Income from Continuing Ops | $731M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $731M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $731M |
| D&A | $92M |
| EBIT | $886M |
| EBITDA | $978M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $892M |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $285M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $216M |
| Other Expenses | $0 |
| Operating Expenses | $502M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $895M |
| Interest Income | $0 |
| Interest Expense | $40M |
| Other Income/Expenses | -$49M |
| INCOME BEFORE TAX | $846M |
| Income Tax Expense | $116M |
| Net Income from Continuing Ops | $731M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $731M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $731M |
| D&A | $92M |
| EBIT | $886M |
| EBITDA | $978M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $731M |
| Depreciation & Amortization | $92M |
| Stock-Based Compensation | $37M |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | -$22M |
| OPERATING CASH FLOW | $819M |
| Capital Expenditure | -$100M |
| Acquisitions (Net) | -$433M |
| Purchases of Investments | -$251M |
| Sales/Maturities of Investments | $214M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$569M |
| Net Debt Issuance | $255M |
| Common Stock Repurchased | -$565M |
| Common Dividends Paid | -$159M |
| Other Financing Activities | -$18M |
| NET CASH FROM FINANCING | -$486M |
| FREE CASH FLOW | $719M |
| Net Change in Cash | -$242M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $1.2B |
| Net Receivables | $1.8B |
| Inventory | $2.0B |
| Other Current Assets | $169M |
| TOTAL CURRENT ASSETS | $6.6B |
| PP&E (Net) | $910M |
| Goodwill | $2.3B |
| Intangible Assets | $1.3B |
| Long-Term Investments | $0 |
| Tax Assets | $615M |
| Other Non-Current Assets | $340M |
| TOTAL NON-CURRENT ASSETS | $5.4B |
| TOTAL ASSETS | $12.0B |
| Account Payables | $424M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.3B |
| Other Current Liabilities | $684M |
| TOTAL CURRENT LIABILITIES | $2.8B |
| Long-Term Debt | $3.7B |
| Deferred Revenue NC | $107M |
| Deferred Tax Liabilities | $661M |
| Other Non-Current Liabilities | $580M |
| TOTAL NON-CURRENT LIABILITIES | $5.1B |
| TOTAL LIABILITIES | $7.9B |
| Common Stock | $2.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$72M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.1B |
| Minority Interest | -$2M |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $12.0B |
| Total Debt | $3.8B |
| Net Debt | $2.4B |
