| Metric | FY 2022 | Prior Q | FY 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.8B | — | $2.6B | — | 8.7% |
| Op. Income | -$102M | — | $326M | — | -131.2% |
| Gross Margin | 75.8% | — | 79.5% | — | -3.7pp |
| Net Margin | -3.4% | — | 12.3% | — | -15.7pp |
| EPS (Diluted) | $-0.14 | — | $0.41 | — | -134.1% |
| Free Cash Flow | $440M | — | $744M | — | -40.8% |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $679M |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $949M |
| Selling & Marketing | $933M |
| General & Administrative | $344M |
| SG&A Expenses | $1.3B |
| Other Expenses | $0 |
| Operating Expenses | $2.2B |
| Cost & Expenses | $2.9B |
| OPERATING INCOME | -$102M |
| Interest Income | $31M |
| Interest Expense | $15M |
| Other Income/Expenses | $16M |
| INCOME BEFORE TAX | -$86M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | -$96M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$96M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$96M |
| D&A | $46M |
| EBIT | -$102M |
| EBITDA | -$55M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$96M |
| Depreciation & Amortization | $46M |
| Stock-Based Compensation | $497M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$14M |
| Change in Working Capital | $36M |
| OPERATING CASH FLOW | $469M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | -$86M |
| Purchases of Investments | -$1.0B |
| Sales/Maturities of Investments | $1.0B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$128M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$162M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$162M |
| NET CASH FROM FINANCING | -$149M |
| FREE CASH FLOW | $440M |
| Net Change in Cash | $191M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $1.1B |
| Net Receivables | $682M |
| Inventory | $0 |
| Other Current Assets | $74M |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $266M |
| Goodwill | $100M |
| Intangible Assets | $25M |
| Long-Term Investments | $6M |
| Tax Assets | $0 |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $408M |
| TOTAL ASSETS | $3.9B |
| Account Payables | $88M |
| Short-Term Debt | $50M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $194M |
| TOTAL CURRENT LIABILITIES | $381M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $201M |
| TOTAL LIABILITIES | $581M |
| Common Stock | $7.0K |
| Additional Paid-In Capital | $5.4B |
| Retained Earnings | -$2.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.3B |
| TOTAL LIABILITIES & EQUITY | $3.9B |
| Total Debt | $229M |
| Net Debt | -$1.4B |
