| Metric | FY 2023 | Prior Q | FY 2022 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.6B | — | $5.8B | — | -20.7% |
| Op. Income | $481M | — | $529M | — | -9.1% |
| Gross Margin | 46.3% | — | 45.4% | — | 0.9pp |
| Net Margin | 6.5% | — | 8.0% | — | -1.6pp |
| EPS (Diluted) | $5.72 | — | $8.81 | — | -35.1% |
| Free Cash Flow | -$91M | — | $413M | — | -122.0% |
| Item | Amount |
|---|---|
| REVENUE | $4.6B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $519M |
| Selling & Marketing | $581M |
| General & Administrative | $334M |
| SG&A Expenses | $915M |
| Other Expenses | $208M |
| Operating Expenses | $1.6B |
| Cost & Expenses | $4.1B |
| OPERATING INCOME | $481M |
| Interest Income | $0 |
| Interest Expense | $133M |
| Other Income/Expenses | -$147M |
| INCOME BEFORE TAX | $334M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $296M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $296M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $296M |
| D&A | $176M |
| EBIT | $585M |
| EBITDA | $761M |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| REVENUE | $4.6B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $519M |
| Selling & Marketing | $581M |
| General & Administrative | $334M |
| SG&A Expenses | $915M |
| Other Expenses | $208M |
| Operating Expenses | $1.6B |
| Cost & Expenses | $4.1B |
| OPERATING INCOME | $481M |
| Interest Income | $0 |
| Interest Expense | $133M |
| Other Income/Expenses | -$147M |
| INCOME BEFORE TAX | $334M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $296M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $296M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $296M |
| D&A | $176M |
| EBIT | $585M |
| EBITDA | $761M |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| Net Income | $296M |
| Depreciation & Amortization | $176M |
| Stock-Based Compensation | $55M |
| Deferred Income Tax | -$36M |
| Other Non-Cash Items | $20M |
| Change in Working Capital | -$515M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$87M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$92M |
| Net Debt Issuance | $195M |
| Common Stock Repurchased | -$52M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$26M |
| NET CASH FROM FINANCING | $117M |
| FREE CASH FLOW | -$91M |
| Net Change in Cash | $21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $137M |
| Short-Term Investments | $0 |
| Net Receivables | $584M |
| Inventory | $804M |
| Other Current Assets | $146M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $478M |
| Goodwill | $3.9B |
| Intangible Assets | $527M |
| Long-Term Investments | $162M |
| Tax Assets | $438M |
| Other Non-Current Assets | $134M |
| TOTAL NON-CURRENT ASSETS | $5.6B |
| TOTAL ASSETS | $7.3B |
| Account Payables | $456M |
| Short-Term Debt | $173M |
| Deferred Revenue | $458M |
| Other Current Liabilities | $332M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $312M |
| Deferred Tax Liabilities | $67M |
| Other Non-Current Liabilities | $94M |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $4.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $615M |
| Retained Earnings | $4.3B |
| Treasury Stock | -$1.9B |
| Accum. Other Comp. Income | -$54M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $7.3B |
| Total Debt | $2.4B |
| Net Debt | $2.3B |