| Metric | Q3 2022 | Q2 2022 | Q3 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.2B | $5.2B | $4.6B | 0.6% | 12.9% |
| Op. Income | $2.7B | $2.7B | $2.3B | -1.7% | 16.2% |
| Gross Margin | 69.0% | 69.6% | 67.9% | -0.5pp | 1.1pp |
| Net Margin | 43.8% | 44.0% | 41.9% | -0.2pp | 1.9pp |
| EPS (Diluted) | $2.47 | $2.45 | $2.07 | 0.8% | 19.3% |
| Free Cash Flow | $2.0B | $1.2B | $1.9B | 68.7% | 1.8% |
| Item | Amount |
|---|---|
| REVENUE | $5.2B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $3.6B |
| R&D Expenses | $431M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $431M |
| Other Expenses | $77M |
| Operating Expenses | $939M |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $2.7B |
| Interest Income | $0 |
| Interest Expense | $53M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $2.7B |
| Income Tax Expense | $363M |
| Net Income from Continuing Ops | $2.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.3B |
| D&A | $262M |
| EBIT | $2.7B |
| EBITDA | $3.0B |
| EPS | $3 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $5.2B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $3.6B |
| R&D Expenses | $431M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $431M |
| Other Expenses | $77M |
| Operating Expenses | $939M |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $2.7B |
| Interest Income | $0 |
| Interest Expense | $53M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $2.7B |
| Income Tax Expense | $363M |
| Net Income from Continuing Ops | $2.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.3B |
| D&A | $262M |
| EBIT | $2.7B |
| EBITDA | $3.0B |
| EPS | $3 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $2.3B |
| Depreciation & Amortization | $262M |
| Stock-Based Compensation | $68M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$29M |
| Change in Working Capital | $173M |
| OPERATING CASH FLOW | $2.8B |
| Capital Expenditure | -$790M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4.3B |
| Sales/Maturities of Investments | $3.0B |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$2.1B |
| Net Debt Issuance | $695M |
| Common Stock Repurchased | -$996M |
| Common Dividends Paid | -$1.1B |
| Other Financing Activities | -$12M |
| NET CASH FROM FINANCING | -$1.3B |
| FREE CASH FLOW | $2.0B |
| Net Change in Cash | -$633M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.2B |
| Short-Term Investments | $5.9B |
| Net Receivables | $2.0B |
| Inventory | $2.4B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $13.8B |
| PP&E (Net) | $6.5B |
| Goodwill | $4.4B |
| Intangible Assets | $75M |
| Long-Term Investments | $0 |
| Tax Assets | $291M |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $12.3B |
| TOTAL ASSETS | $26.1B |
| Account Payables | $780M |
| Short-Term Debt | $499M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $734M |
| TOTAL CURRENT LIABILITIES | $2.8B |
| Long-Term Debt | $7.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $92M |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $8.8B |
| TOTAL LIABILITIES | $11.6B |
| Common Stock | $1.7B |
| Additional Paid-In Capital | $2.9B |
| Retained Earnings | $49.5B |
| Treasury Stock | -$39.5B |
| Accum. Other Comp. Income | -$154M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $14.5B |
| TOTAL LIABILITIES & EQUITY | $26.1B |
| Total Debt | $7.9B |
| Net Debt | $4.8B |
