| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21.5B | $16.9B | $13.8B | 26.7% | 55.9% |
| Op. Income | $3.7B | $2.5B | $2.0B | 49.7% | 84.0% |
| Gross Margin | 25.1% | 25.0% | 26.6% | 0.1pp | -1.5pp |
| Net Margin | 15.3% | 13.3% | 11.8% | 2.0pp | 3.6pp |
| EPS (Diluted) | $0.95 | $0.65 | $0.48 | 46.2% | 97.9% |
| Free Cash Flow | $3.3B | $621M | $1.3B | 430.9% | 149.4% |
| Item | Amount |
|---|---|
| REVENUE | $21.5B |
| Cost of Revenue | $16.1B |
| GROSS PROFIT | $5.4B |
| R&D Expenses | $733M |
| Selling & Marketing | $0 |
| General & Administrative | $961M |
| SG&A Expenses | $961M |
| Other Expenses | $0 |
| Operating Expenses | $1.7B |
| Cost & Expenses | $17.8B |
| OPERATING INCOME | $3.7B |
| Interest Income | $86M |
| Interest Expense | $53M |
| Other Income/Expenses | -$52M |
| INCOME BEFORE TAX | $3.6B |
| Income Tax Expense | $305M |
| Net Income from Continuing Ops | $3.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.3B |
| D&A | $956M |
| EBIT | $3.7B |
| EBITDA | $4.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $21.5B |
| Cost of Revenue | $16.1B |
| GROSS PROFIT | $5.4B |
| R&D Expenses | $733M |
| Selling & Marketing | $0 |
| General & Administrative | $961M |
| SG&A Expenses | $961M |
| Other Expenses | $0 |
| Operating Expenses | $1.7B |
| Cost & Expenses | $17.8B |
| OPERATING INCOME | $3.7B |
| Interest Income | $86M |
| Interest Expense | $53M |
| Other Income/Expenses | -$52M |
| INCOME BEFORE TAX | $3.6B |
| Income Tax Expense | $305M |
| Net Income from Continuing Ops | $3.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.3B |
| D&A | $956M |
| EBIT | $3.7B |
| EBITDA | $4.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.3B |
| Depreciation & Amortization | $956M |
| Stock-Based Compensation | $362M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $259M |
| Change in Working Capital | $231M |
| OPERATING CASH FLOW | $5.1B |
| Capital Expenditure | -$1.8B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$991M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2.8B |
| Net Debt Issuance | -$899M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$42M |
| NET CASH FROM FINANCING | -$712M |
| FREE CASH FLOW | $3.3B |
| Net Change in Cash | $1.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19.5B |
| Short-Term Investments | $1.6B |
| Net Receivables | $2.2B |
| Inventory | $10.3B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $36.0B |
| PP&E (Net) | $34.6B |
| Goodwill | $191M |
| Intangible Assets | $446M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.2B |
| TOTAL NON-CURRENT ASSETS | $38.4B |
| TOTAL ASSETS | $74.4B |
| Account Payables | $13.9B |
| Short-Term Debt | $979M |
| Deferred Revenue | $3.0B |
| Other Current Liabilities | $1.4B |
| TOTAL CURRENT LIABILITIES | $24.6B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $2.3B |
| Deferred Tax Liabilities | $20M |
| Other Non-Current Liabilities | $2.4B |
| TOTAL NON-CURRENT LIABILITIES | $8.7B |
| TOTAL LIABILITIES | $33.3B |
| Common Stock | $3M |
| Additional Paid-In Capital | $31.6B |
| Retained Earnings | $9.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$942M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $39.9B |
| Minority Interest | $1.3B |
| TOTAL EQUITY | $41.1B |
| TOTAL LIABILITIES & EQUITY | $74.4B |
| Total Debt | $5.9B |
| Net Debt | -$13.7B |
