| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $13.4B | $8.9B | $7.5B | 50.8% | 79.5% |
| Op. Income | $1.0B | -$1.7B | $441M | 159.0% | 130.6% |
| Gross Margin | 21.6% | 0.6% | 5.2% | 21.1pp | 16.5pp |
| Net Margin | 3.5% | -18.4% | 0.3% | 21.9pp | 3.3pp |
| EPS (Diluted) | $0.68 | $-2.52 | $0.03 | 127.0% | 2252.9% |
| Free Cash Flow | $1.1B | $378M | $3.4B | 201.9% | -66.8% |
| Item | Amount |
|---|---|
| REVENUE | $13.4B |
| Cost of Revenue | $10.5B |
| GROSS PROFIT | $2.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $504M |
| General & Administrative | $0 |
| SG&A Expenses | $504M |
| Other Expenses | $1.4B |
| Operating Expenses | $1.9B |
| Cost & Expenses | $12.4B |
| OPERATING INCOME | $1.0B |
| Interest Income | $29M |
| Interest Expense | $468M |
| Other Income/Expenses | -$414M |
| INCOME BEFORE TAX | $603M |
| Income Tax Expense | $127M |
| Net Income from Continuing Ops | $476M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $476M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $476M |
| D&A | $571M |
| EBIT | $1.1B |
| EBITDA | $1.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $13.4B |
| Cost of Revenue | $10.5B |
| GROSS PROFIT | $2.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $504M |
| General & Administrative | $0 |
| SG&A Expenses | $504M |
| Other Expenses | $1.4B |
| Operating Expenses | $1.9B |
| Cost & Expenses | $12.4B |
| OPERATING INCOME | $1.0B |
| Interest Income | $29M |
| Interest Expense | $468M |
| Other Income/Expenses | -$414M |
| INCOME BEFORE TAX | $603M |
| Income Tax Expense | $127M |
| Net Income from Continuing Ops | $476M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $476M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $476M |
| D&A | $571M |
| EBIT | $1.1B |
| EBITDA | $1.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $476M |
| Depreciation & Amortization | $503M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $760M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $1.7B |
| Capital Expenditure | -$598M |
| Acquisitions (Net) | $11M |
| Purchases of Investments | -$3.2B |
| Sales/Maturities of Investments | $3.0B |
| Other Investing Activities | -$94M |
| NET CASH FROM INVESTING | -$929M |
| Net Debt Issuance | -$791M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | -$785M |
| FREE CASH FLOW | $1.1B |
| Net Change in Cash | -$188M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $401M |
| Short-Term Investments | $12.1B |
| Net Receivables | $1.8B |
| Inventory | $2.3B |
| Other Current Assets | $997M |
| TOTAL CURRENT ASSETS | $18.5B |
| PP&E (Net) | $37.5B |
| Goodwill | $4.1B |
| Intangible Assets | $2.1B |
| Long-Term Investments | $0 |
| Tax Assets | $3.9B |
| Other Non-Current Assets | $1.9B |
| TOTAL NON-CURRENT ASSETS | $49.4B |
| TOTAL ASSETS | $68.0B |
| Account Payables | $2.7B |
| Short-Term Debt | $2.1B |
| Deferred Revenue | $12.0B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $22.8B |
| Long-Term Debt | $35.0B |
| Deferred Revenue NC | $6.2B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6.2B |
| TOTAL NON-CURRENT LIABILITIES | $53.6B |
| TOTAL LIABILITIES | $76.4B |
| Common Stock | $6M |
| Additional Paid-In Capital | $7.3B |
| Retained Earnings | -$9.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5.9B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$8.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$8.4B |
| TOTAL LIABILITIES & EQUITY | $68.0B |
| Total Debt | $44.9B |
| Net Debt | $44.5B |
