| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11.8B | $10.5B | $11.2B | 12.6% | 5.5% |
| Op. Income | $4.5B | $3.8B | $4.5B | 17.8% | -0.8% |
| Gross Margin | 79.8% | 78.9% | 81.1% | 0.9pp | -1.3pp |
| Net Margin | 26.9% | 22.1% | 35.9% | 4.9pp | -9.0pp |
| EPS (Diluted) | $1.16 | $0.84 | $1.37 | 38.1% | -15.3% |
| Free Cash Flow | $2.6B | $2.7B | $4.1B | -6.6% | -37.9% |
| Item | Amount |
|---|---|
| REVENUE | $11.8B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $9.4B |
| R&D Expenses | $2.0B |
| Selling & Marketing | $2.2B |
| General & Administrative | $364M |
| SG&A Expenses | $2.6B |
| Other Expenses | $376M |
| Operating Expenses | $4.9B |
| Cost & Expenses | $7.3B |
| OPERATING INCOME | $4.5B |
| Interest Income | $38M |
| Interest Expense | $704M |
| Other Income/Expenses | -$878M |
| INCOME BEFORE TAX | $3.6B |
| Income Tax Expense | $435M |
| Net Income from Continuing Ops | $3.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.2B |
| D&A | $831M |
| EBIT | $4.3B |
| EBITDA | $5.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $11.8B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $9.4B |
| R&D Expenses | $2.0B |
| Selling & Marketing | $2.2B |
| General & Administrative | $364M |
| SG&A Expenses | $2.6B |
| Other Expenses | $376M |
| Operating Expenses | $4.9B |
| Cost & Expenses | $7.3B |
| OPERATING INCOME | $4.5B |
| Interest Income | $38M |
| Interest Expense | $704M |
| Other Income/Expenses | -$878M |
| INCOME BEFORE TAX | $3.6B |
| Income Tax Expense | $435M |
| Net Income from Continuing Ops | $3.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.2B |
| D&A | $831M |
| EBIT | $4.3B |
| EBITDA | $5.2B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.2B |
| Depreciation & Amortization | $831M |
| Stock-Based Compensation | $713M |
| Deferred Income Tax | -$163M |
| Other Non-Cash Items | $138M |
| Change in Working Capital | -$723M |
| OPERATING CASH FLOW | $4.0B |
| Capital Expenditure | -$1.4B |
| Acquisitions (Net) | -$16M |
| Purchases of Investments | -$138M |
| Sales/Maturities of Investments | $416M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1.2B |
| Net Debt Issuance | -$2.5B |
| Common Stock Repurchased | -$676M |
| Common Dividends Paid | -$854M |
| Other Financing Activities | -$121M |
| NET CASH FROM FINANCING | -$4.0B |
| FREE CASH FLOW | $2.6B |
| Net Change in Cash | -$1.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21.4B |
| Short-Term Investments | $519M |
| Net Receivables | $6.0B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $31.6B |
| PP&E (Net) | $9.7B |
| Goodwill | $43.8B |
| Intangible Assets | $1.4B |
| Long-Term Investments | $0 |
| Tax Assets | $12.8B |
| Other Non-Current Assets | $9.9B |
| TOTAL NON-CURRENT ASSETS | $77.7B |
| TOTAL ASSETS | $109.3B |
| Account Payables | $1.3B |
| Short-Term Debt | $3.7B |
| Deferred Revenue | $8.4B |
| Other Current Liabilities | $4.1B |
| TOTAL CURRENT LIABILITIES | $19.5B |
| Long-Term Debt | $72.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6.0B |
| Other Non-Current Liabilities | $17.4B |
| TOTAL NON-CURRENT LIABILITIES | $95.6B |
| TOTAL LIABILITIES | $115.1B |
| Common Stock | $26.8B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$31.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$6.2B |
| Minority Interest | $452M |
| TOTAL EQUITY | -$5.8B |
| TOTAL LIABILITIES & EQUITY | $109.3B |
| Total Debt | $75.9B |
| Net Debt | $54.5B |
