| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10.9B | $11.2B | $8.1B | -2.0% | 35.7% |
| Op. Income | $4.5B | $3.9B | $2.2B | 15.9% | 103.7% |
| Gross Margin | 56.0% | 58.4% | 57.8% | -2.4pp | -1.8pp |
| Net Margin | 34.1% | 26.3% | 25.1% | 7.8pp | 9.0pp |
| EPS (Diluted) | $3.29 | $2.57 | $1.77 | 28.0% | 85.9% |
| Free Cash Flow | $2.3B | $2.2B | $2.9B | 6.1% | -18.3% |
| Item | Amount |
|---|---|
| REVENUE | $10.9B |
| Cost of Revenue | $4.8B |
| GROSS PROFIT | $6.1B |
| R&D Expenses | $2.1B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $655M |
| Other Expenses | -$1.1B |
| Operating Expenses | $1.6B |
| Cost & Expenses | $6.5B |
| OPERATING INCOME | $4.5B |
| Interest Income | $22M |
| Interest Expense | $70M |
| Other Income/Expenses | -$233M |
| INCOME BEFORE TAX | $4.2B |
| Income Tax Expense | $509M |
| Net Income from Continuing Ops | $3.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.7B |
| D&A | $438M |
| EBIT | $3.4B |
| EBITDA | $3.9B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $10.9B |
| Cost of Revenue | $4.8B |
| GROSS PROFIT | $6.1B |
| R&D Expenses | $2.1B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $655M |
| Other Expenses | -$1.1B |
| Operating Expenses | $1.6B |
| Cost & Expenses | $6.5B |
| OPERATING INCOME | $4.5B |
| Interest Income | $22M |
| Interest Expense | $70M |
| Other Income/Expenses | -$233M |
| INCOME BEFORE TAX | $4.2B |
| Income Tax Expense | $509M |
| Net Income from Continuing Ops | $3.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.7B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.7B |
| D&A | $438M |
| EBIT | $3.4B |
| EBITDA | $3.9B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $3.7B |
| Depreciation & Amortization | $438M |
| Stock-Based Compensation | $516M |
| Deferred Income Tax | $169M |
| Other Non-Cash Items | $196M |
| Change in Working Capital | -$2.2B |
| OPERATING CASH FLOW | $2.9B |
| Capital Expenditure | -$554M |
| Acquisitions (Net) | -$4.5B |
| Purchases of Investments | -$333M |
| Sales/Maturities of Investments | $425M |
| Other Investing Activities | $41M |
| NET CASH FROM INVESTING | -$4.9B |
| Net Debt Issuance | -$413M |
| Common Stock Repurchased | -$500M |
| Common Dividends Paid | -$842M |
| Other Financing Activities | -$206M |
| NET CASH FROM FINANCING | -$2.0B |
| FREE CASH FLOW | $2.3B |
| Net Change in Cash | -$4.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.7B |
| Short-Term Investments | $4.2B |
| Net Receivables | $3.8B |
| Inventory | $5.4B |
| Other Current Assets | $2.9B |
| TOTAL CURRENT ASSETS | $19.0B |
| PP&E (Net) | $5.0B |
| Goodwill | $10.7B |
| Intangible Assets | $2.0B |
| Long-Term Investments | $0 |
| Tax Assets | $1.8B |
| Other Non-Current Assets | $8.5B |
| TOTAL NON-CURRENT ASSETS | $28.0B |
| TOTAL ASSETS | $47.0B |
| Account Payables | $3.8B |
| Short-Term Debt | $1.9B |
| Deferred Revenue | $463M |
| Other Current Liabilities | $4.1B |
| TOTAL CURRENT LIABILITIES | $11.8B |
| Long-Term Debt | $13.6B |
| Deferred Revenue NC | $180M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.4B |
| TOTAL NON-CURRENT LIABILITIES | $19.1B |
| TOTAL LIABILITIES | $31.0B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $15.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $218M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $16.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $16.0B |
| TOTAL LIABILITIES & EQUITY | $47.0B |
| Total Debt | $15.5B |
| Net Debt | $12.9B |
