| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenue & Cost | |||||
| Total Revenue | $9.56B | $10.22B | $12.76B | $16.13B | $17.29B |
| Cost of Revenue | $5.86B | $6.43B | $7.44B | $8.80B | $9.00B |
| Gross Profit | $3.70B | $3.79B | $5.33B | $7.33B | $8.29B |
| Gross Margin % | 38.68% | 37.08% | 41.74% | 45.46% | 47.94% |
| Operating Expenses | |||||
| R&D Expenses | $-1.50B | $1.55B | $1.72B | $1.49B | $2.10B |
| SG&A Expenses | $1.09B | $1.11B | $1.32B | $1.43B | $1.65B |
| Other Operating Expenses | $2.88B | $-219.00M | $0.00 | $-153.00M | $-74.00M |
| Total Operating Expenses | $2.47B | $2.44B | $3.05B | $2.76B | $3.68B |
| Operating Performance | |||||
| Operating Income | $1.20B | $1.32B | $2.42B | $4.53B | $4.61B |
| Operating Margin % | 12.59% | 12.95% | 18.96% | 28.11% | 26.67% |
| EBITDA | $1.79B | $2.24B | $3.41B | $6.15B | $6.38B |
| EBITDA Margin % | 18.68% | 21.94% | 26.68% | 38.11% | 36.90% |
| Other Income/Expenses | |||||
| Interest Expense | $54.00M | $54.00M | $29.00M | $38.00M | $55.00M |
| Other Income/Expenses Net | $-14.00M | $-56.00M | $-82.00M | $312.00M | $26.00M |
| Income Before Tax | $1.19B | $1.27B | $2.34B | $4.85B | $4.64B |
| Income Tax Expense | $-156.00M | $159.00M | $331.00M | $517.00M | $415.00M |
| Net Performance | |||||
| Net Income | $1.03B | $1.11B | $2.00B | $3.96B | $4.21B |
| Net Margin % | 10.81% | 10.82% | 15.67% | 24.55% | 24.36% |
| EPS | $1.15 | $0.78 | $2.24 | $4.77 | $4.66 |
| Diluted EPS | $1.14 | $0.76 | $2.24 | $4.74 | $4.46 |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Cash Equivalents | $2.60B | $3.01B | $3.23B | $3.26B | $3.22B |
| Short Term Investments | $133.00M | $714.00M | $291.00M | $1.33B | $2.86B |
| Net Receivables | $1.38B | $1.83B | $1.76B | $2.65B | $2.66B |
| Inventory | $1.69B | $1.84B | $1.97B | $2.58B | $2.70B |
| Other Current Assets | $456.00M | $215.00M | $581.00M | $734.00M | $366.00M |
| Total Current Assets | $6.26B | $7.61B | $7.83B | $9.82B | $11.81B |
| Non-Current Assets | |||||
| Property, Plant & Equipment (Net) | $4.01B | $4.60B | $5.66B | $8.27B | $10.55B |
| Long Term Investments | $34.00M | $35.00M | $10.00M | $69.00M | $22.00M |
| Tax Assets | - | $739.00M | $652.00M | $471.00M | $592.00M |
| Other Non-Current Assets | $99.00M | $699.00M | $639.00M | $613.00M | $808.00M |
| Total Non-Current Assets | $4.60B | $6.84B | $7.71B | $11.17B | $12.65B |
| Total Assets | |||||
| Total Assets | $10.86B | $14.45B | $15.54B | $20.99B | $24.45B |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | $950.00M | $1.17B | $1.58B | $2.12B | $1.86B |
| Short Term Debt | $173.00M | $795.00M | $143.00M | $885.00M | $275.00M |
| Tax Payables | - | - | $68.00M | $163.00M | $78.00M |
| Deferred Revenue | - | - | - | $225.00M | $230.00M |
| Other Current Liabilities | $941.00M | $1.09B | $1.16B | $1.43B | $1.24B |
| Total Current Liabilities | $2.06B | $3.05B | $2.95B | $4.67B | $3.73B |
| Non-Current Liabilities | |||||
| Long Term Debt | $173.00M | $1.83B | $2.40B | $1.69B | $2.90B |
| Other Non-Current Liabilities | $330.00M | $994.00M | $858.00M | $918.00M | $894.00M |
| Total Non-Current Liabilities | $1.20B | $2.90B | $3.32B | $2.82B | $3.87B |
| Total Liabilities | |||||
| Total Liabilities | $4.76B | $5.95B | $6.27B | $7.48B | $7.60B |
| Shareholders Equity | |||||
| Equity Components | |||||
| Common Stock | $1.16B | $1.16B | $1.16B | $1.16B | $1.16B |
| Retained Earnings | $2.75B | $3.60B | $5.22B | $8.37B | $12.47B |
| Accumulated Other Comprehensive Income/Loss | $475.00M | $723.00M | $496.00M | $1.90B | $613.00M |
| Total Shareholders Equity | $7.04B | $8.45B | $9.21B | $13.44B | $16.73B |
| Key Metrics | |||||
| Balance Check | |||||
| Total Liabilities & Equity | $11.80B | $14.40B | $15.48B | $20.99B | $24.45B |
| Total Debt | $346.00M | $2.62B | $2.54B | $2.57B | $2.93B |
| Net Debt | $-2.25B | $-385.00M | $-686.00M | $-686.00M | $-295.00M |
| Metrics | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Core Operations | |||||
| Net Income | $1.03B | $1.11B | $2.00B | $4.32B | $4.21B |
| Depreciation & Amortization | $854.00M | $923.00M | $1.05B | $1.28B | $1.56B |
| Stock Based Compensation | $145.00M | $155.00M | - | $215.00M | $236.00M |
| Working Capital Changes | |||||
| Change in Accounts Receivable | $-103.00M | $-72.00M | - | $-231.00M | $229.00M |
| Change in Inventory | $-142.00M | $-84.00M | $-188.00M | $-650.00M | $-72.00M |
| Change in Accounts Payable | - | $161.00M | - | $240.00M | $-238.00M |
| Other Working Capital Changes | $160.00M | $16.00M | $255.00M | $-240.00M | $159.00M |
| Total Working Capital Change | $-99.00M | $21.00M | $-145.00M | $-881.00M | $78.00M |
| Other Operating | |||||
| Other Non-Cash Items | $-89.00M | $-104.00M | $160.00M | $639.00M | $-113.00M |
| Net Cash from Operations | $1.87B | $2.09B | $3.06B | $5.58B | $5.99B |
| Investing Activities | |||||
| Capital Investments | |||||
| Capital Expenditures | $-1.18B | $-1.28B | - | $-3.53B | $-4.54B |
| Purchase of Investments | - | $-577.00M | - | $-980.00M | $-2.31B |
| Sale of Investments | - | - | - | $-4.00M | $750.00M |
| Other Investing Activities | $136.00M | $-183.00M | $-1.52B | $-471.00M | $417.00M |
| Net Cash from Investing | $-1.17B | $-2.04B | $-1.52B | $-4.98B | $-5.77B |
| Financing Activities | |||||
| Debt & Equity | |||||
| Debt Repayment | $-144.00M | $-893.00M | - | $-192.00M | $-160.00M |
| Stock Repurchases | $-250.00M | $-125.00M | - | $-346.00M | $-346.00M |
| Dividends Paid | $-214.00M | $-168.00M | - | $-212.00M | $-223.00M |
| Other Financing Activities | $265.00M | $1.53B | $-1.31B | $194.00M | $142.00M |
| Net Cash from Financing | $-343.00M | $348.00M | $-1.31B | $-556.00M | $-267.00M |
| Cash Position | |||||
| Summary | |||||
| Net Change in Cash | $341.00M | $399.00M | $-1.31B | $33.00M | $-36.00M |
| Cash at Beginning of Period | $2.27B | $2.61B | - | $3.23B | $3.26B |
| Cash at End of Period | $2.61B | $3.01B | - | $3.26B | $3.22B |
| Key Metrics | |||||
| Operating Cash Flow | $1.87B | $2.09B | $3.06B | $5.58B | $5.99B |
| Capital Expenditure | - | $-1.36B | $-1.91B | $-3.53B | $-4.54B |
| Free Cash Flow | $1.87B | $735.00M | $1.15B | $2.05B | $1.46B |