| Metric | Q1 2023 | Q4 2022 | Q1 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $944M | $891M | $655M | 6.0% | 44.1% |
| Op. Income | $144M | -$5M | $51M | 2892.1% | 183.4% |
| Gross Margin | 31.8% | 29.3% | 27.3% | 2.5pp | 4.5pp |
| Net Margin | 14.7% | 2.3% | 5.1% | 12.3pp | 9.6pp |
| EPS (Diluted) | $2.35 | $0.35 | $0.59 | 571.4% | 298.3% |
| Free Cash Flow | -$30M | $67M | -$206M | -145.4% | 85.2% |
| Item | Amount |
|---|---|
| REVENUE | $944M |
| Cost of Revenue | $644M |
| GROSS PROFIT | $300M |
| R&D Expenses | $80M |
| Selling & Marketing | $41M |
| General & Administrative | $37M |
| SG&A Expenses | $78M |
| Other Expenses | -$1M |
| Operating Expenses | $156M |
| Cost & Expenses | $800M |
| OPERATING INCOME | $144M |
| Interest Income | $24M |
| Interest Expense | $0 |
| Other Income/Expenses | $24M |
| INCOME BEFORE TAX | $168M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $138M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $138M |
| Net Income Deductions | -$552.0K |
| BOTTOM LINE NET INCOME | $139M |
| D&A | $13M |
| EBIT | $143M |
| EBITDA | $156M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $944M |
| Cost of Revenue | $644M |
| GROSS PROFIT | $300M |
| R&D Expenses | $80M |
| Selling & Marketing | $41M |
| General & Administrative | $37M |
| SG&A Expenses | $78M |
| Other Expenses | -$1M |
| Operating Expenses | $156M |
| Cost & Expenses | $800M |
| OPERATING INCOME | $144M |
| Interest Income | $24M |
| Interest Expense | $0 |
| Other Income/Expenses | $24M |
| INCOME BEFORE TAX | $168M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $138M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $138M |
| Net Income Deductions | -$552.0K |
| BOTTOM LINE NET INCOME | $139M |
| D&A | $13M |
| EBIT | $143M |
| EBITDA | $156M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $138M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $39M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | -$18M |
| Change in Working Capital | -$162M |
| OPERATING CASH FLOW | $8M |
| Capital Expenditure | -$38M |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | -$39M |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$68M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | -$30M |
| Net Change in Cash | -$55M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $728M |
| Short-Term Investments | $411M |
| Net Receivables | $1.2B |
| Inventory | $874M |
| Other Current Assets | $55M |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $626M |
| Goodwill | $30M |
| Intangible Assets | $18M |
| Long-Term Investments | $509M |
| Tax Assets | $47M |
| Other Non-Current Assets | $25M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $4.5B |
| Account Payables | $409M |
| Short-Term Debt | $0 |
| Deferred Revenue | $28M |
| Other Current Liabilities | $356M |
| TOTAL CURRENT LIABILITIES | $900M |
| Long-Term Debt | $625M |
| Deferred Revenue NC | $197M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $329M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $6.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $882M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$77M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $4.5B |
| Total Debt | $737M |
| Net Debt | $9M |
