“Xilinx achieved another record quarter and surpassed $1 billion in quarterly sales for the first time in the company’s history,” said Victor Peng, Xilinx president and CEO. “While we were unable to fully satisfy customer needs, our results demonstrate our team’s relentless focus and execution in supporting our customers as well as possible given the extremely tight supply conditions.

“We saw broad and robust demand across our end markets with record quarters in our DCG business as well as our A&D end market. A&D record performance, combined with strong ISM and TME performance, also led to a record for total AIT, and drove stronger overall profitability. The strength in our business clearly demonstrates the successful execution of our strategy.”

“Record Q3 revenue was driven primarily from sequential growth in A&D, DCG and TME, leading to total sequential revenue growth of 8% and year-over-year growth of 26%, the fifth consecutive quarter of double-digit year-over-year growth,” said Brice Hill, Xilinx CFO. “Overall strong revenues and business mix, in addition to positive impacts from strategic venture investments, drove record earnings this quarter. Our platform strategy continues to progress as Adaptive SoC revenue grew 5% sequentially and 30% year-over-year, representing 28% of total revenue.

“We saw strong free cash flow this quarter of $351 million, or 35% of revenue, reflecting our efficient cash generating business model. Please note, the increase in inventory to 106 days is primarily driven by supply cost increases and does not reflect a significant increase in unit inventory.”

Net Revenues by Geography:
		Percentages							Growth Rates
		Q3		Q2		Q3
		FY2022		FY2022		FY2021			Q-T-Q		Y-T-Y
North America		33%		26%		30%			40%		43%
Asia Pacific		40%		48%		44%			-10%		13%
Europe		18%		16%		19%			16%		18%
Japan		9%		10%		7%			-1%		53%
Net Revenues by End Market:
		Percentages							Growth Rates
		Q3		Q2		Q3
		FY2022		FY2022		FY2021			Q-T-Q		Y-T-Y
A&D, Industrial and TME		46%		40%		45%			21%		28%
Automotive, Broadcast and Consumer		19%		22%		19%			-4%		28%
Wired and Wireless Group		23%		31%		29%			-18%		1%
Data Center Group		11%		9%		7%			28%		81%
Channel		1%		-2%		0%			NM		NM
Net Revenues by Product:
		Percentages							Growth Rates
		Q3		Q2		Q3
		FY2022		FY2022		FY2021			Q-T-Q		Y-T-Y
Advanced Products		78%		74%		72%			14%		35%
Core Products		22%		26%		28%			-8%		3%

« Previous Page 1 | 2 | 3 | 4 | 5  Next Page »