| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.9B | $8.3B | $5.5B | 6.6% | 61.8% |
| Op. Income | $372M | $388M | $329M | -4.2% | 13.1% |
| Gross Margin | 10.7% | 11.6% | 14.8% | -0.9pp | -4.1pp |
| Net Margin | 3.0% | 3.4% | 4.3% | -0.4pp | -1.3pp |
| EPS (Diluted) | $1.63 | $1.72 | $1.42 | -5.2% | 14.8% |
| Free Cash Flow | -$786M | -$1.4B | -$53M | 41.8% | -1374.2% |
| Item | Amount |
|---|---|
| REVENUE | $8.9B |
| Cost of Revenue | $7.9B |
| GROSS PROFIT | $948M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $576M |
| Other Expenses | $0 |
| Operating Expenses | $576M |
| Cost & Expenses | $8.5B |
| OPERATING INCOME | $372M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $356M |
| Income Tax Expense | $87M |
| Net Income from Continuing Ops | $269M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $269M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $269M |
| D&A | $74M |
| EBIT | $380M |
| EBITDA | $454M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $8.9B |
| Cost of Revenue | $7.9B |
| GROSS PROFIT | $948M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $576M |
| Other Expenses | $0 |
| Operating Expenses | $576M |
| Cost & Expenses | $8.5B |
| OPERATING INCOME | $372M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $356M |
| Income Tax Expense | $87M |
| Net Income from Continuing Ops | $269M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $269M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $269M |
| D&A | $74M |
| EBIT | $380M |
| EBITDA | $454M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $269M |
| Depreciation & Amortization | $72M |
| Stock-Based Compensation | $36M |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | $98M |
| Change in Working Capital | -$1.2B |
| OPERATING CASH FLOW | -$697M |
| Capital Expenditure | -$89M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $37M |
| NET CASH FROM INVESTING | -$52M |
| Net Debt Issuance | $848M |
| Common Stock Repurchased | -$120M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $739M |
| FREE CASH FLOW | -$786M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $63M |
| Short-Term Investments | $0 |
| Net Receivables | $563M |
| Inventory | $4.7B |
| Other Current Assets | $670M |
| TOTAL CURRENT ASSETS | $6.0B |
| PP&E (Net) | $3.7B |
| Goodwill | $141M |
| Intangible Assets | $0 |
| Long-Term Investments | $15.2B |
| Tax Assets | $134M |
| Other Non-Current Assets | $458M |
| TOTAL NON-CURRENT ASSETS | $19.6B |
| TOTAL ASSETS | $25.6B |
| Account Payables | $937M |
| Short-Term Debt | $546M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $109M |
| TOTAL CURRENT LIABILITIES | $2.1B |
| Long-Term Debt | $17.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $420M |
| TOTAL NON-CURRENT LIABILITIES | $18.4B |
| TOTAL LIABILITIES | $20.5B |
| Common Stock | $81M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $3.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$100M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.1B |
| TOTAL LIABILITIES & EQUITY | $25.6B |
| Total Debt | $18.6B |
| Net Debt | $18.5B |
