- Record revenue of $879 million, representing 3% sequential growth and 21% annual growth, despite ongoing industry-wide supply chain challenges
- Data Center Group (DCG) revenue in the quarter increased 14% sequentially driven by strong demand across hyperscale cloud customers and the Fintech market
- Wired and Wireless Group (WWG) revenue was up 13% year-over-year and flat sequentially driven by continuing global 5G deployments
- Aerospace & Defense, Industrial and Test, Measurement & Emulation (AIT) revenue declined 10% sequentially, with record Industrial end market performance offset by a decline in Aerospace & Defense sales, and a modest decline in TME
- Automotive, Broadcast and Consumer (ABC) revenue in the quarter increased 13% sequentially, with record quarters in the Broadcast and Consumer end markets
- Platform transformation continues with total Adaptive SoC revenue, which includes Zynq and Versal platforms, up 13% sequentially and 83% year-over-year, and representing 28% of total revenue
- Fiscal first quarter free cash flow of $373 million, representing 42% of revenue
SAN JOSE, Calif. — (BUSINESS WIRE) — July 28, 2021 — Xilinx, Inc. (Nasdaq: XLNX), the leader in adaptive computing, today announced record revenues of $879 million for the fiscal first quarter, up 3% over the previous quarter.
GAAP net income for the fiscal first quarter was $206 million, or $0.83 per diluted share. Non-GAAP net income for the quarter was $236 million, or $0.95 per diluted share.
Additional first quarter of fiscal year 2022 comparisons are provided in the charts below.
Q1 Fiscal 2022 Financial Highlights (In millions, except EPS) |
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GAAP |
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Q1 |
Q4 |
Q1 |
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FY2022 |
FY2021 |
FY2021 |
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Q-T-Q |
Y-T-Y |
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Net revenues* |
$879 |
|
$851 |
|
$727 |
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3% |
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21% |
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Gross margin |
$586 |
|
$570 |
|
$494 |
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3% |
|
19% |
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Operating income |
$210 |
|
$200 |
|
$176 |
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5% |
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20% |
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Net income |
$206 |
|
$188 |
|
$94 |
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10% |
|
120% |
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| Diluted earnings per share |
$0.83 |
|
$0.75 |
|
$0.38 |
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11% |
|
118% |
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Non-GAAP |
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Q1 |
Q4 |
Q1 |
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FY2022 |
FY2021 |
FY2021 |
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Q-T-Q |
Y-T-Y |
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| Net revenues* |
$879 |
|
$851 |
|
$727 |
|
|
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3% |
|
21% |
|
| Gross margin |
$596 |
|
$579 |
|
$501 |
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|
3% |
|
19% |
|
| Operating income |
$246 |
|
$228 |
|
$187 |
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|
8% |
|
32% |
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| Net income |
$236 |
|
$204 |
|
$160 |
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|
|
16% |
|
47% |
|
| Diluted earnings per share |
$0.95 |
|
$0.82 |
|
$0.65 |
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|
|
16% |
|
46% |
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| * No adjustment between GAAP and Non-GAAP |
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