| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.5B | $2.3B | $1.9B | 8.7% | 29.1% |
| Op. Income | $972M | $895M | $720M | 8.6% | 35.0% |
| Gross Margin | 60.6% | 61.0% | 59.9% | -0.4pp | 0.8pp |
| Net Margin | 32.4% | 31.9% | 32.9% | 0.5pp | -0.5pp |
| EPS (Diluted) | $5.40 | $4.83 | $4.10 | 11.8% | 31.7% |
| Free Cash Flow | $746M | $719M | $410M | 3.8% | 81.9% |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $979M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $297M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $237M |
| Other Expenses | $0 |
| Operating Expenses | $534M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $972M |
| Interest Income | $9M |
| Interest Expense | $44M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $950M |
| Income Tax Expense | $144M |
| Net Income from Continuing Ops | $805M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $805M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $805M |
| D&A | $101M |
| EBIT | $994M |
| EBITDA | $1.1B |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $979M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $297M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $237M |
| Other Expenses | $0 |
| Operating Expenses | $534M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $972M |
| Interest Income | $9M |
| Interest Expense | $44M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $950M |
| Income Tax Expense | $144M |
| Net Income from Continuing Ops | $805M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $805M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $805M |
| D&A | $101M |
| EBIT | $994M |
| EBITDA | $1.1B |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $805M |
| Depreciation & Amortization | $101M |
| Stock-Based Compensation | $37M |
| Deferred Income Tax | $53M |
| Other Non-Cash Items | $115M |
| Change in Working Capital | -$292M |
| OPERATING CASH FLOW | $819M |
| Capital Expenditure | -$73M |
| Acquisitions (Net) | -$8M |
| Purchases of Investments | -$274M |
| Sales/Maturities of Investments | $303M |
| Other Investing Activities | $28M |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | $3.0B |
| Common Stock Repurchased | -$3.5B |
| Common Dividends Paid | -$158M |
| Other Financing Activities | -$16M |
| NET CASH FROM FINANCING | -$604M |
| FREE CASH FLOW | $746M |
| Net Change in Cash | $170M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $1.1B |
| Net Receivables | $2.0B |
| Inventory | $2.1B |
| Other Current Assets | $189M |
| TOTAL CURRENT ASSETS | $7.2B |
| PP&E (Net) | $976M |
| Goodwill | $2.3B |
| Intangible Assets | $1.2B |
| Long-Term Investments | $0 |
| Tax Assets | $579M |
| Other Non-Current Assets | $358M |
| TOTAL NON-CURRENT ASSETS | $5.4B |
| TOTAL ASSETS | $12.6B |
| Account Payables | $443M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.3B |
| Other Current Liabilities | $952M |
| TOTAL CURRENT LIABILITIES | $2.9B |
| Long-Term Debt | $6.7B |
| Deferred Revenue NC | $330M |
| Deferred Tax Liabilities | $659M |
| Other Non-Current Liabilities | $596M |
| TOTAL NON-CURRENT LIABILITIES | $8.3B |
| TOTAL LIABILITIES | $11.2B |
| Common Stock | $142.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $367M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$27M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | -$2M |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $12.6B |
| Total Debt | $6.8B |
| Net Debt | $5.2B |
