Revenue and profitability:
- Revenue: USD 1,172,463,000; YoY +11.98%; QoQ -1.87%
- Gross Profit: USD 570,110,000; Gross Margin 48.6%; YoY +7.41%; QoQ -3.06%
- Operating Income: USD 34,773,000; Operating Margin 2.97%; YoY +203.62%; QoQ +154.37%
- Net Income: USD 20,017,000; Net Margin 1.71%; YoY +136.17%; QoQ +260.52%
- EPS: USD 0.13; Diluted EPS USD 0.12; YoY +141.94%; QoQ +262.50%
Cash flow and liquidity:
- Net cash provided by operating activities: USD 191,042,000
- Free cash flow: USD 178,315,000
- Operating cash flow per share: USD 1.246; Free cash flow per share: USD 1.163
- Cash and cash equivalents: USD 467,094,000; Total cash and short-term investments: USD 2,448,077,000
- Net change in cash: USD +46,108,000; Cash at end of period: USD 477,545,000
Balance sheet health:
- Total assets: USD 9,814,715,000; Total liabilities: USD 1,810,424,000; Total stockholders’ equity: USD 8,004,291,000
- Cash and cash equivalents: USD 467,094,000; Short-term investments: USD 1,980,983,000; Long-term debt: USD 1,069,054,000; Total debt: USD 1,100,940,000; Net debt: USD 633,846,000
- Goodwill: USD 5,243,266,000; Intangible assets: USD 331,717,000; Goodwill and intangible assets: USD 5,574,983,000
- Current ratio: 4.78; Quick ratio: 4.78; Cash ratio: 0.643
Operational and efficiency signals:
- Cost structure: Cost of revenue USD 602.353 million; R&D USD 254.295 million; SG&A USD 281.042 million; Operating expenses USD 535.337 million; D&A USD 54.735 million; EBITDA USD 81.319 million
- EBITDA margin: 6.93%; Operating margin: 2.97%; Pretax margin: 2.27%; Net margin: 1.71%
- Asset turnover: 0.119; Fixed asset turnover: 10.46; Inventory turnover: 0; Receivables turnover: 2.03; Payables turnover: 5.59