| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.1B | $6.5B | $5.6B | 10.4% | 27.9% |
| Op. Income | $3.2B | $2.9B | $2.4B | 9.7% | 32.4% |
| Gross Margin | 84.2% | 85.3% | 83.0% | -1.1pp | 1.2pp |
| Net Margin | 31.6% | 32.3% | 34.0% | -0.7pp | -2.4pp |
| EPS (Diluted) | $0.50 | $0.46 | $0.41 | 8.5% | 20.5% |
| Free Cash Flow | $3.1B | $3.4B | $3.1B | -6.4% | 1.0% |
| Item | Amount |
|---|---|
| REVENUE | $7.1B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $6.0B |
| R&D Expenses | $882M |
| Selling & Marketing | $1.8B |
| General & Administrative | $181M |
| SG&A Expenses | $2.0B |
| Other Expenses | -$9M |
| Operating Expenses | $2.8B |
| Cost & Expenses | $4.0B |
| OPERATING INCOME | $3.2B |
| Interest Income | $246M |
| Interest Expense | $584M |
| Other Income/Expenses | -$337M |
| INCOME BEFORE TAX | $2.8B |
| Income Tax Expense | $568M |
| Net Income from Continuing Ops | $2.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.3B |
| D&A | $320M |
| EBIT | $3.4B |
| EBITDA | $3.7B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7.1B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $6.0B |
| R&D Expenses | $882M |
| Selling & Marketing | $1.8B |
| General & Administrative | $181M |
| SG&A Expenses | $2.0B |
| Other Expenses | -$9M |
| Operating Expenses | $2.8B |
| Cost & Expenses | $4.0B |
| OPERATING INCOME | $3.2B |
| Interest Income | $246M |
| Interest Expense | $584M |
| Other Income/Expenses | -$337M |
| INCOME BEFORE TAX | $2.8B |
| Income Tax Expense | $568M |
| Net Income from Continuing Ops | $2.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.3B |
| D&A | $320M |
| EBIT | $3.4B |
| EBITDA | $3.7B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2.3B |
| Depreciation & Amortization | $320M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $568M |
| Other Non-Cash Items | $2.4B |
| Change in Working Capital | -$1.7B |
| OPERATING CASH FLOW | $3.8B |
| Capital Expenditure | -$662M |
| Acquisitions (Net) | $156M |
| Purchases of Investments | -$267M |
| Sales/Maturities of Investments | $152M |
| Other Investing Activities | -$156M |
| NET CASH FROM INVESTING | -$777M |
| Net Debt Issuance | -$52M |
| Common Stock Repurchased | -$724M |
| Common Dividends Paid | -$1.5B |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2.3B |
| FREE CASH FLOW | $3.1B |
| Net Change in Cash | $808M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $588M |
| Short-Term Investments | $186M |
| Net Receivables | $993M |
| Inventory | $479M |
| Other Current Assets | $221M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $1.3B |
| Goodwill | $0 |
| Intangible Assets | $969M |
| Long-Term Investments | $26M |
| Tax Assets | $233M |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $5.0B |
| Account Payables | $172M |
| Short-Term Debt | $38M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.3B |
| TOTAL CURRENT LIABILITIES | $2.7B |
| Long-Term Debt | $498M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $116M |
| Other Non-Current Liabilities | $126M |
| TOTAL NON-CURRENT LIABILITIES | $741M |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $9M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.5B |
| Treasury Stock | -$82.6K |
| Accum. Other Comp. Income | $53M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $5.0B |
| Total Debt | $536M |
| Net Debt | -$52M |
