- Record revenue of $936 million, representing 7% sequential growth and 22% annual growth amidst continuing industry-wide supply chain challenges
- Aerospace & Defense, Industrial and Test, Measurement & Emulation (AIT) revenue increased 20% sequentially, with strong performance in all sub-markets led by another record performance in the Industrial end market and improvement in Aerospace & Defense business
- Automotive, Broadcast and Consumer (ABC) revenue in the quarter increased 19% sequentially, with record quarters in all sub-markets, led by the Automotive end market
- Wired and Wireless Group (WWG) revenue increased 9% sequentially and 42% year-over-year as robust global 5G deployments continue and strength from the Wired business
- Data Center Group (DCG) revenue declined modestly, down 3% quarter-over-quarter, as Networking strength was offset by a decline in Compute
- Platform transformation continues with total Adaptive SoC revenue, which includes Zynq and Versal platforms, up 9% sequentially and 56% year-over-year, and representing 29% of total revenue
SAN JOSE, Calif. — (BUSINESS WIRE) — October 27, 2021 — Xilinx, Inc. (Nasdaq: XLNX), the leader in adaptive computing, today announced record revenues of $936 million for the fiscal second quarter, up 7% over the previous quarter.
GAAP net income for the fiscal second quarter was $235 million, or $0.94 per diluted share. Non-GAAP net income for the quarter was $266 million, or $1.06 per diluted share.
As permitted as of October 27, 2021 under the terms of the Merger Agreement between Xilinx and Advanced Micro Devices, Inc. (AMD), the Xilinx Board of Directors voted unanimously to declare a cash dividend of $0.37 per outstanding share of common stock payable on November 15, 2021 to all stockholders of record at the close of business on November 8, 2021. The dividend is conditioned upon and will only be payable if the merger has not closed on or before the record date for such dividend.
Additional second quarter of fiscal year 2022 comparisons are provided in the charts below.
Q2 Fiscal 2022 Financial Highlights |
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(In millions, except EPS) |
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GAAP |
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Q2 |
Q1 |
Q2 |
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FY2022 |
FY2022 |
FY2021 |
|
Q-T-Q |
Y-T-Y |
Net revenues* |
$936 |
$879 |
$767 |
|
7% |
22% |
Gross margin |
$632 |
$586 |
$542 |
|
8% |
17% |
Operating income |
$250 |
$210 |
$205 |
|
19% |
22% |
Net income |
$235 |
$206 |
$194 |
|
14% |
21% |
Diluted earnings per share |
$0.94 |
$0.83 |
$0.79 |
|
13% |
19% |
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Non-GAAP |
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Q2 |
Q1 |
Q2 |
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FY2022 |
FY2022 |
FY2021 |
|
Q-T-Q |
Y-T-Y |
| Net revenues* |
$936 |
$879 |
$767 |
|
7% |
22% |
| Gross margin |
$644 |
$596 |
$548 |
|
8% |
17% |
| Operating income |
$288 |
$246 |
$216 |
|
17% |
33% |
| Net income |
$266 |
$236 |
$203 |
|
13% |
31% |
| Diluted earnings per share |
$1.06 |
$0.95 |
$0.82 |
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12% |
29% |
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| * No adjustment between GAAP and Non-GAAP |
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