| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.9B | $8.0B | $7.5B | -0.6% | 5.9% |
| Op. Income | $1.5B | $1.6B | $1.8B | -2.9% | -12.7% |
| Gross Margin | 39.6% | 41.1% | 43.8% | -1.6pp | -4.2pp |
| Net Margin | 17.6% | 18.1% | 19.4% | -0.4pp | -1.7pp |
| EPS (Diluted) | $0.31 | $0.32 | $0.32 | -3.1% | -2.8% |
| Free Cash Flow | $472M | $13M | -$85M | 3606.0% | 655.5% |
| Item | Amount |
|---|---|
| REVENUE | $7.9B |
| Cost of Revenue | $4.8B |
| GROSS PROFIT | $3.1B |
| R&D Expenses | $663M |
| Selling & Marketing | $568M |
| General & Administrative | $373M |
| SG&A Expenses | $941M |
| Other Expenses | $0 |
| Operating Expenses | $1.6B |
| Cost & Expenses | $6.4B |
| OPERATING INCOME | $1.5B |
| Interest Income | $261M |
| Interest Expense | $173M |
| Other Income/Expenses | $89M |
| INCOME BEFORE TAX | $1.6B |
| Income Tax Expense | $224M |
| Net Income from Continuing Ops | $1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.4B |
| D&A | $3.7B |
| EBIT | $1.8B |
| EBITDA | $5.5B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7.9B |
| Cost of Revenue | $4.8B |
| GROSS PROFIT | $3.1B |
| R&D Expenses | $663M |
| Selling & Marketing | $568M |
| General & Administrative | $373M |
| SG&A Expenses | $941M |
| Other Expenses | $0 |
| Operating Expenses | $1.6B |
| Cost & Expenses | $6.4B |
| OPERATING INCOME | $1.5B |
| Interest Income | $261M |
| Interest Expense | $173M |
| Other Income/Expenses | $89M |
| INCOME BEFORE TAX | $1.6B |
| Income Tax Expense | $224M |
| Net Income from Continuing Ops | $1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.4B |
| D&A | $3.7B |
| EBIT | $1.8B |
| EBITDA | $5.5B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1.4B |
| Depreciation & Amortization | $3.7B |
| Stock-Based Compensation | $152M |
| Deferred Income Tax | -$58M |
| Other Non-Cash Items | -$4.8B |
| Change in Working Capital | $93M |
| OPERATING CASH FLOW | $557M |
| Capital Expenditure | -$85M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$85M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $4M |
| FREE CASH FLOW | $472M |
| Net Change in Cash | $296M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.1B |
| Short-Term Investments | $0 |
| Net Receivables | $875M |
| Inventory | $0 |
| Other Current Assets | $1.4B |
| TOTAL CURRENT ASSETS | $8.8B |
| PP&E (Net) | $1.4B |
| Goodwill | $0 |
| Intangible Assets | $32.8B |
| Long-Term Investments | $24M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.6B |
| TOTAL NON-CURRENT ASSETS | $38.7B |
| TOTAL ASSETS | $47.6B |
| Account Payables | $560M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.2B |
| Other Current Liabilities | $3.9B |
| TOTAL CURRENT LIABILITIES | $7.8B |
| Long-Term Debt | $13.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3.2B |
| TOTAL NON-CURRENT LIABILITIES | $19.3B |
| TOTAL LIABILITIES | $27.0B |
| Common Stock | $4.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $17.1B |
| Treasury Stock | -$824M |
| Accum. Other Comp. Income | -$248M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $20.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $20.5B |
| TOTAL LIABILITIES & EQUITY | $47.6B |
| Total Debt | $16.4B |
| Net Debt | $10.3B |
