| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22.6B | $27.7B | $24.0B | -18.4% | -5.8% |
| Op. Income | $9.7B | $12.9B | $7.8B | -25.1% | 25.1% |
| Gross Margin | 69.1% | 67.3% | 54.8% | 1.8pp | 14.3pp |
| Net Margin | 38.1% | 35.6% | 33.9% | 2.5pp | 4.2pp |
| EPS (Diluted) | $1.51 | $1.73 | $1.43 | -12.7% | 5.9% |
| Free Cash Flow | $5.1B | $7.4B | $10.2B | -30.8% | -49.7% |
| Item | Amount |
|---|---|
| REVENUE | $22.6B |
| Cost of Revenue | $7.0B |
| GROSS PROFIT | $15.6B |
| R&D Expenses | $2.7B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.3B |
| Other Expenses | $0 |
| Operating Expenses | $6.0B |
| Cost & Expenses | $12.9B |
| OPERATING INCOME | $9.7B |
| Interest Income | $70M |
| Interest Expense | $311M |
| Other Income/Expenses | -$698M |
| INCOME BEFORE TAX | $9.0B |
| Income Tax Expense | $356M |
| Net Income from Continuing Ops | $8.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8.6B |
| Net Income Deductions | $1M |
| BOTTOM LINE NET INCOME | $8.6B |
| D&A | $1.2B |
| EBIT | $9.3B |
| EBITDA | $10.5B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $22.6B |
| Cost of Revenue | $7.0B |
| GROSS PROFIT | $15.6B |
| R&D Expenses | $2.7B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $3.3B |
| Other Expenses | $0 |
| Operating Expenses | $6.0B |
| Cost & Expenses | $12.9B |
| OPERATING INCOME | $9.7B |
| Interest Income | $70M |
| Interest Expense | $311M |
| Other Income/Expenses | -$698M |
| INCOME BEFORE TAX | $9.0B |
| Income Tax Expense | $356M |
| Net Income from Continuing Ops | $8.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8.6B |
| Net Income Deductions | $1M |
| BOTTOM LINE NET INCOME | $8.6B |
| D&A | $1.2B |
| EBIT | $9.3B |
| EBITDA | $10.5B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $8.6B |
| Depreciation & Amortization | $1.2B |
| Stock-Based Compensation | $135M |
| Deferred Income Tax | $62M |
| Other Non-Cash Items | $59M |
| Change in Working Capital | -$4.1B |
| OPERATING CASH FLOW | $6.0B |
| Capital Expenditure | -$841M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$18.8B |
| Sales/Maturities of Investments | $15.2B |
| Other Investing Activities | $3.8B |
| NET CASH FROM INVESTING | -$627M |
| Net Debt Issuance | -$3.5B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2.2B |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | -$5.8B |
| FREE CASH FLOW | $5.1B |
| Net Change in Cash | -$486M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $34.8B |
| Net Receivables | $18.6B |
| Inventory | $9.5B |
| Other Current Assets | $6.1B |
| TOTAL CURRENT ASSETS | $70.4B |
| PP&E (Net) | $15.4B |
| Goodwill | $49.4B |
| Intangible Assets | $28.1B |
| Long-Term Investments | $13.9B |
| Tax Assets | $7.1B |
| Other Non-Current Assets | $10.9B |
| TOTAL NON-CURRENT ASSETS | $124.9B |
| TOTAL ASSETS | $195.3B |
| Account Payables | $6.3B |
| Short-Term Debt | $4.0B |
| Deferred Revenue | $6.2B |
| Other Current Liabilities | $22.5B |
| TOTAL CURRENT LIABILITIES | $44.3B |
| Long-Term Debt | $31.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $616M |
| Other Non-Current Liabilities | $25.9B |
| TOTAL NON-CURRENT LIABILITIES | $58.1B |
| TOTAL LIABILITIES | $102.5B |
| Common Stock | $476M |
| Additional Paid-In Capital | $91.4B |
| Retained Earnings | $123.0B |
| Treasury Stock | -$113.9B |
| Accum. Other Comp. Income | -$8.2B |
| Other Equity | -$1M |
| TOTAL STOCKHOLDERS' EQUITY | $92.6B |
| Minority Interest | $259M |
| TOTAL EQUITY | $92.9B |
| TOTAL LIABILITIES & EQUITY | $195.3B |
| Total Debt | $35.7B |
| Net Debt | $34.4B |
