| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.6B | $7.1B | $5.0B | 7.6% | 52.8% |
| Op. Income | $3.0B | $2.7B | $1.5B | 11.2% | 97.1% |
| Gross Margin | 65.4% | 65.2% | 63.1% | 0.2pp | 2.3pp |
| Net Margin | 39.3% | 34.7% | 29.1% | 4.6pp | 10.2pp |
| EPS (Diluted) | $0.12 | $0.10 | $0.06 | 23.7% | 106.9% |
| Free Cash Flow | $2.8B | $1.3B | $1.8B | 112.8% | 54.7% |
| Item | Amount |
|---|---|
| REVENUE | $7.6B |
| Cost of Revenue | $2.6B |
| GROSS PROFIT | $5.0B |
| R&D Expenses | $1.5B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $563M |
| Other Expenses | $0 |
| Operating Expenses | $2.0B |
| Cost & Expenses | $4.7B |
| OPERATING INCOME | $3.0B |
| Interest Income | $9M |
| Interest Expense | $61M |
| Other Income/Expenses | -$105M |
| INCOME BEFORE TAX | $2.9B |
| Income Tax Expense | -$138M |
| Net Income from Continuing Ops | $3.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.0B |
| D&A | $309M |
| EBIT | $2.9B |
| EBITDA | $3.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7.6B |
| Cost of Revenue | $2.6B |
| GROSS PROFIT | $5.0B |
| R&D Expenses | $1.5B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $563M |
| Other Expenses | $0 |
| Operating Expenses | $2.0B |
| Cost & Expenses | $4.7B |
| OPERATING INCOME | $3.0B |
| Interest Income | $9M |
| Interest Expense | $61M |
| Other Income/Expenses | -$105M |
| INCOME BEFORE TAX | $2.9B |
| Income Tax Expense | -$138M |
| Net Income from Continuing Ops | $3.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.0B |
| D&A | $309M |
| EBIT | $2.9B |
| EBITDA | $3.2B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3.0B |
| Depreciation & Amortization | $309M |
| Stock-Based Compensation | $551M |
| Deferred Income Tax | -$224M |
| Other Non-Cash Items | $74M |
| Change in Working Capital | -$680M |
| OPERATING CASH FLOW | $3.0B |
| Capital Expenditure | -$273M |
| Acquisitions (Net) | -$60M |
| Purchases of Investments | -$8.8B |
| Sales/Maturities of Investments | $7.5B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1.6B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$101M |
| Other Financing Activities | -$648M |
| NET CASH FROM FINANCING | -$745M |
| FREE CASH FLOW | $2.8B |
| Net Change in Cash | $702M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.0B |
| Short-Term Investments | $19.2B |
| Net Receivables | $4.7B |
| Inventory | $2.6B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $28.8B |
| PP&E (Net) | $3.6B |
| Goodwill | $4.3B |
| Intangible Assets | $2.3B |
| Long-Term Investments | $266M |
| Tax Assets | $1.2B |
| Other Non-Current Assets | $3.6B |
| TOTAL NON-CURRENT ASSETS | $15.4B |
| TOTAL ASSETS | $44.2B |
| Account Payables | $1.8B |
| Short-Term Debt | $0 |
| Deferred Revenue | $300M |
| Other Current Liabilities | $371M |
| TOTAL CURRENT LIABILITIES | $4.3B |
| Long-Term Debt | $10.9B |
| Deferred Revenue NC | $202M |
| Deferred Tax Liabilities | $245M |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $13.2B |
| TOTAL LIABILITIES | $17.6B |
| Common Stock | $3M |
| Additional Paid-In Capital | $10.4B |
| Retained Earnings | $16.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $26.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $26.6B |
| TOTAL LIABILITIES & EQUITY | $44.2B |
| Total Debt | $11.8B |
| Net Debt | $9.8B |
