| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $24.3B | $21.5B | $17.7B | 13.3% | 37.2% |
| Op. Income | $3.9B | $3.7B | $2.6B | 5.8% | 49.3% |
| Gross Margin | 23.8% | 25.1% | 27.4% | -1.3pp | -3.6pp |
| Net Margin | 15.3% | 15.3% | 13.1% | -0.1pp | 2.2pp |
| EPS (Diluted) | $1.07 | $0.95 | $0.54 | 12.6% | 98.1% |
| Free Cash Flow | $1.4B | $3.3B | $2.8B | -56.9% | -48.8% |
| Item | Amount |
|---|---|
| REVENUE | $24.3B |
| Cost of Revenue | $18.5B |
| GROSS PROFIT | $5.8B |
| R&D Expenses | $810M |
| Selling & Marketing | $0 |
| General & Administrative | $1.0B |
| SG&A Expenses | $1.0B |
| Other Expenses | $34M |
| Operating Expenses | $1.9B |
| Cost & Expenses | $20.4B |
| OPERATING INCOME | $3.9B |
| Interest Income | $157M |
| Interest Expense | $33M |
| Other Income/Expenses | $82M |
| INCOME BEFORE TAX | $4.0B |
| Income Tax Expense | $276M |
| Net Income from Continuing Ops | $3.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.7B |
| Net Income Deductions | -$8M |
| BOTTOM LINE NET INCOME | $3.7B |
| D&A | $989M |
| EBIT | $4.0B |
| EBITDA | $5.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $24.3B |
| Cost of Revenue | $18.5B |
| GROSS PROFIT | $5.8B |
| R&D Expenses | $810M |
| Selling & Marketing | $0 |
| General & Administrative | $1.0B |
| SG&A Expenses | $1.0B |
| Other Expenses | $34M |
| Operating Expenses | $1.9B |
| Cost & Expenses | $20.4B |
| OPERATING INCOME | $3.9B |
| Interest Income | $157M |
| Interest Expense | $33M |
| Other Income/Expenses | $82M |
| INCOME BEFORE TAX | $4.0B |
| Income Tax Expense | $276M |
| Net Income from Continuing Ops | $3.7B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.7B |
| Net Income Deductions | -$8M |
| BOTTOM LINE NET INCOME | $3.7B |
| D&A | $989M |
| EBIT | $4.0B |
| EBITDA | $5.0B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.7B |
| Depreciation & Amortization | $989M |
| Stock-Based Compensation | $419M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $374M |
| Change in Working Capital | -$2.2B |
| OPERATING CASH FLOW | $3.3B |
| Capital Expenditure | -$1.9B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4.4B |
| Sales/Maturities of Investments | $19M |
| Other Investing Activities | $76M |
| NET CASH FROM INVESTING | -$6.1B |
| Net Debt Issuance | -$497M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$65M |
| NET CASH FROM FINANCING | -$495M |
| FREE CASH FLOW | $1.4B |
| Net Change in Cash | -$3.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $16.3B |
| Short-Term Investments | $5.9B |
| Net Receivables | $3.0B |
| Inventory | $12.8B |
| Other Current Assets | $2.9B |
| TOTAL CURRENT ASSETS | $40.9B |
| PP&E (Net) | $36.6B |
| Goodwill | $194M |
| Intangible Assets | $399M |
| Long-Term Investments | $0 |
| Tax Assets | $328M |
| Other Non-Current Assets | $3.9B |
| TOTAL NON-CURRENT ASSETS | $41.4B |
| TOTAL ASSETS | $82.3B |
| Account Payables | $15.3B |
| Short-Term Debt | $1.0B |
| Deferred Revenue | $2.8B |
| Other Current Liabilities | $1.6B |
| TOTAL CURRENT LIABILITIES | $26.7B |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $2.8B |
| Deferred Tax Liabilities | $82M |
| Other Non-Current Liabilities | $3.1B |
| TOTAL NON-CURRENT LIABILITIES | $9.7B |
| TOTAL LIABILITIES | $36.4B |
| Common Stock | $3M |
| Additional Paid-In Capital | $32.2B |
| Retained Earnings | $12.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$361M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $44.7B |
| Minority Interest | $1.2B |
| TOTAL EQUITY | $45.9B |
| TOTAL LIABILITIES & EQUITY | $82.3B |
| Total Debt | $5.7B |
| Net Debt | -$10.5B |
