| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10.5B | $10.4B | $10.1B | 1.5% | 4.2% |
| Op. Income | $3.8B | -$824M | $3.9B | 563.8% | -1.4% |
| Gross Margin | 78.9% | 79.2% | 81.0% | -0.3pp | -2.1pp |
| Net Margin | 22.1% | -12.0% | 49.8% | 34.1pp | -27.7pp |
| EPS (Diluted) | $0.84 | $-0.46 | $1.68 | 282.6% | -50.0% |
| Free Cash Flow | $2.7B | -$4.6B | $3.3B | 159.6% | -16.6% |
| Item | Amount |
|---|---|
| REVENUE | $10.5B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $8.3B |
| R&D Expenses | $1.8B |
| Selling & Marketing | $2.0B |
| General & Administrative | $335M |
| SG&A Expenses | $2.3B |
| Other Expenses | $318M |
| Operating Expenses | $4.5B |
| Cost & Expenses | $6.7B |
| OPERATING INCOME | $3.8B |
| Interest Income | $16M |
| Interest Expense | $667M |
| Other Income/Expenses | -$982M |
| INCOME BEFORE TAX | $2.8B |
| Income Tax Expense | $521M |
| 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 | $775M |
| EBIT | $3.5B |
| EBITDA | $4.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $10.5B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $8.3B |
| R&D Expenses | $1.8B |
| Selling & Marketing | $2.0B |
| General & Administrative | $335M |
| SG&A Expenses | $2.3B |
| Other Expenses | $318M |
| Operating Expenses | $4.5B |
| Cost & Expenses | $6.7B |
| OPERATING INCOME | $3.8B |
| Interest Income | $16M |
| Interest Expense | $667M |
| Other Income/Expenses | -$982M |
| INCOME BEFORE TAX | $2.8B |
| Income Tax Expense | $521M |
| 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 | $775M |
| EBIT | $3.5B |
| EBITDA | $4.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.3B |
| Depreciation & Amortization | $775M |
| Stock-Based Compensation | $674M |
| Deferred Income Tax | -$163M |
| Other Non-Cash Items | $258M |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | $3.8B |
| Capital Expenditure | -$1.1B |
| Acquisitions (Net) | -$82M |
| Purchases of Investments | -$503M |
| Sales/Maturities of Investments | $4.1B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $2.4B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$774M |
| Common Dividends Paid | -$855M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$1.6B |
| FREE CASH FLOW | $2.7B |
| Net Change in Cash | $4.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $22.7B |
| Short-Term Investments | $707M |
| Net Receivables | $4.6B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $31.7B |
| PP&E (Net) | $8.6B |
| Goodwill | $43.8B |
| Intangible Assets | $1.7B |
| Long-Term Investments | $0 |
| Tax Assets | $13.1B |
| Other Non-Current Assets | $9.7B |
| TOTAL NON-CURRENT ASSETS | $77.0B |
| TOTAL ASSETS | $108.6B |
| Account Payables | $1.1B |
| Short-Term Debt | $6.2B |
| Deferred Revenue | $7.9B |
| Other Current Liabilities | $4.0B |
| TOTAL CURRENT LIABILITIES | $20.8B |
| Long-Term Debt | $72.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6.5B |
| Other Non-Current Liabilities | $17.4B |
| TOTAL NON-CURRENT LIABILITIES | $96.0B |
| TOTAL LIABILITIES | $116.9B |
| Common Stock | $26.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$33.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$8.7B |
| Minority Interest | $485M |
| TOTAL EQUITY | -$8.2B |
| TOTAL LIABILITIES & EQUITY | $108.6B |
| Total Debt | $78.4B |
| Net Debt | $55.7B |
