| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.6B | $4.1B | $4.1B | 14.2% | 11.8% |
| Op. Income | $1.5B | $1.2B | $1.3B | 24.1% | 12.4% |
| Gross Margin | 45.3% | 44.7% | 46.2% | 0.6pp | -0.9pp |
| Net Margin | 26.1% | 25.2% | 27.6% | 0.9pp | -1.5pp |
| EPS (Diluted) | $0.87 | $0.73 | $0.80 | 19.2% | 8.7% |
| Free Cash Flow | $318M | $612M | $1.3B | -48.0% | -76.1% |
| Item | Amount |
|---|---|
| REVENUE | $4.6B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $411M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $209M |
| Other Expenses | $1M |
| Operating Expenses | $621M |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $1.5B |
| Interest Income | $6M |
| Interest Expense | $46M |
| Other Income/Expenses | -$120M |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $150M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $88M |
| EBIT | $1.4B |
| EBITDA | $1.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.6B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $411M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $209M |
| Other Expenses | $1M |
| Operating Expenses | $621M |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $1.5B |
| Interest Income | $6M |
| Interest Expense | $46M |
| Other Income/Expenses | -$120M |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $150M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $88M |
| EBIT | $1.4B |
| EBITDA | $1.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.2B |
| Depreciation & Amortization | $88M |
| Stock-Based Compensation | $70M |
| Deferred Income Tax | -$174M |
| Other Non-Cash Items | $34M |
| Change in Working Capital | -$782M |
| OPERATING CASH FLOW | $444M |
| Capital Expenditure | -$126M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $23M |
| Other Investing Activities | $26M |
| NET CASH FROM INVESTING | -$76M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$876M |
| Common Dividends Paid | -$208M |
| Other Financing Activities | -$152.0K |
| NET CASH FROM FINANCING | -$1.0B |
| FREE CASH FLOW | $318M |
| Net Change in Cash | -$673M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.5B |
| Short-Term Investments | $136M |
| Net Receivables | $4.3B |
| Inventory | $4.0B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $12.3B |
| PP&E (Net) | $1.6B |
| Goodwill | $1.5B |
| Intangible Assets | $102M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.6B |
| TOTAL NON-CURRENT ASSETS | $4.9B |
| TOTAL ASSETS | $17.2B |
| Account Payables | $1.0B |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.6B |
| Other Current Liabilities | $1.3B |
| TOTAL CURRENT LIABILITIES | $4.6B |
| Long-Term Debt | $5.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.4B |
| TOTAL NON-CURRENT LIABILITIES | $6.4B |
| TOTAL LIABILITIES | $10.9B |
| Common Stock | $137.0K |
| Additional Paid-In Capital | $7.4B |
| Retained Earnings | $18.5B |
| Treasury Stock | -$19.5B |
| Accum. Other Comp. Income | -$110M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.3B |
| TOTAL LIABILITIES & EQUITY | $17.2B |
| Total Debt | $5.0B |
| Net Debt | $1.5B |
