| Metrics | 2022 | 2023 |
|---|---|---|
| Revenue & Cost | ||
| Total Revenue | $4.88B | $5.02B |
| Cost of Revenue | $2.11B | $2.12B |
| Gross Profit | $2.77B | $2.90B |
| Gross Margin % | 56.75% | 57.78% |
| Operating Expenses | ||
| R&D Expenses | $217.00M | $225.00M |
| SG&A Expenses | $1.47B | $1.54B |
| Other Operating Expenses | $1.00M | - |
| Total Operating Expenses | $1.69B | $1.76B |
| Operating Performance | ||
| Operating Income | $1.08B | $1.14B |
| Operating Margin % | 22.09% | 22.70% |
| EBITDA | $1.17B | $1.21B |
| EBITDA Margin % | 23.96% | 24.16% |
| Other Income/Expenses | ||
| Interest Expense | $146.00M | $30.00M |
| Other Income/Expenses Net | $1.00M | $-44.00M |
| Income Before Tax | $933.00M | $1.10B |
| Income Tax Expense | $224.00M | $257.00M |
| Net Performance | ||
| Net Income | $845.00M | $839.00M |
| Net Margin % | 17.32% | 16.71% |
| EPS | $3.43 | $3.41 |
| Diluted EPS | $3.43 | $3.41 |
| Metrics | 2022 | 2023 |
|---|---|---|
| Assets | ||
| Current Assets | ||
| Cash & Cash Equivalents | $-123.00M | $762.00M |
| Short Term Investments | - | - |
| Net Receivables | $816.00M | $826.00M |
| Inventory | $345.00M | $297.00M |
| Other Current Assets | $119.00M | $188.00M |
| Total Current Assets | $1.28B | $2.07B |
| Non-Current Assets | ||
| Property, Plant & Equipment (Net) | $247.00M | $406.00M |
| Long Term Investments | $-202.00M | - |
| Tax Assets | $202.00M | - |
| Other Non-Current Assets | $343.00M | $254.00M |
| Total Non-Current Assets | $3.55B | $3.62B |
| Total Assets | ||
| Total Assets | $4.83B | $5.69B |
| Liabilities | ||
| Current Liabilities | ||
| Accounts Payable | $440.00M | $431.00M |
| Short Term Debt | $32.00M | $33.00M |
| Tax Payables | $66.00M | $139.00M |
| Deferred Revenue | $192.00M | $208.00M |
| Other Current Liabilities | $459.00M | $23.00M |
| Total Current Liabilities | $1.12B | $1.27B |
| Non-Current Liabilities | ||
| Long Term Debt | $91.00M | $2.63B |
| Other Non-Current Liabilities | $23.00M | $280.00M |
| Total Non-Current Liabilities | $462.00M | $3.04B |
| Total Liabilities | ||
| Total Liabilities | $1.59B | $4.30B |
| Shareholders Equity | ||
| Equity Components | ||
| Common Stock | $4.19B | $2.00M |
| Retained Earnings | - | $178.00M |
| Accumulated Other Comprehensive Income/Loss | $-954.00M | $-954.00M |
| Total Shareholders Equity | $3.24B | $1.38B |
| Key Metrics | ||
| Balance Check | ||
| Total Liabilities & Equity | $4.83B | $5.69B |
| Total Debt | $123.00M | $2.78B |
| Net Debt | $246.00M | $2.02B |
| Metrics | 2022 | 2023 |
|---|---|---|
| Operating Activities | ||
| Core Operations | ||
| Net Income | $845.00M | $839.00M |
| Depreciation & Amortization | $90.00M | $87.00M |
| Stock Based Compensation | $41.00M | $55.00M |
| Working Capital Changes | ||
| Change in Accounts Receivable | $-88.00M | $2.00M |
| Change in Inventory | $-38.00M | $52.00M |
| Change in Accounts Payable | $23.00M | $-1.00M |
| Other Working Capital Changes | $-3.00M | $-86.00M |
| Total Working Capital Change | $-106.00M | $-33.00M |
| Other Operating | ||
| Other Non-Cash Items | $44.00M | $191.00M |
| Net Cash from Operations | $870.00M | $963.00M |
| Investing Activities | ||
| Capital Investments | ||
| Capital Expenditures | $-34.00M | $-54.00M |
| Purchase of Investments | - | - |
| Sale of Investments | - | - |
| Other Investing Activities | - | $-3.00M |
| Net Cash from Investing | $-89.00M | $-55.00M |
| Financing Activities | ||
| Debt & Equity | ||
| Debt Repayment | - | $-2.61B |
| Stock Repurchases | $-781.00M | $-147.00M |
| Dividends Paid | - | - |
| Other Financing Activities | $-781.00M | $-2.75B |
| Net Cash from Financing | $-781.00M | $-135.00M |
| Cash Position | ||
| Summary | ||
| Net Change in Cash | - | $762.00M |
| Cash at Beginning of Period | - | - |
| Cash at End of Period | - | $762.00M |
| Key Metrics | ||
| Operating Cash Flow | $870.00M | $963.00M |
| Capital Expenditure | $-34.00M | $-54.00M |
| Free Cash Flow | $836.00M | $909.00M |