| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.4B | $4.3B | $3.8B | 2.9% | 14.4% |
| Op. Income | $1.5B | $1.6B | $1.4B | -3.2% | 8.7% |
| Gross Margin | 87.7% | 88.0% | 88.4% | -0.3pp | -0.7pp |
| Net Margin | 26.9% | 29.7% | 29.1% | -2.8pp | -2.2pp |
| EPS (Diluted) | $2.49 | $2.67 | $2.32 | -6.7% | 7.3% |
| Free Cash Flow | $1.9B | $1.7B | $1.9B | 14.7% | 1.1% |
| Item | Amount |
|---|---|
| REVENUE | $4.4B |
| Cost of Revenue | $539M |
| GROSS PROFIT | $3.8B |
| R&D Expenses | $738M |
| Selling & Marketing | $1.2B |
| General & Administrative | $291M |
| SG&A Expenses | $1.5B |
| Other Expenses | $42M |
| Operating Expenses | $2.3B |
| Cost & Expenses | $2.9B |
| OPERATING INCOME | $1.5B |
| Interest Income | $0 |
| Interest Expense | $28M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $314M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $232M |
| EBIT | $1.5B |
| EBITDA | $1.8B |
| EPS | $3 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $4.4B |
| Cost of Revenue | $539M |
| GROSS PROFIT | $3.8B |
| R&D Expenses | $738M |
| Selling & Marketing | $1.2B |
| General & Administrative | $291M |
| SG&A Expenses | $1.5B |
| Other Expenses | $42M |
| Operating Expenses | $2.3B |
| Cost & Expenses | $2.9B |
| OPERATING INCOME | $1.5B |
| Interest Income | $0 |
| Interest Expense | $28M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $314M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $232M |
| EBIT | $1.5B |
| EBITDA | $1.8B |
| EPS | $3 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $1.2B |
| Depreciation & Amortization | $212M |
| Stock-Based Compensation | $352M |
| Deferred Income Tax | $68M |
| Other Non-Cash Items | $30M |
| Change in Working Capital | $200M |
| OPERATING CASH FLOW | $2.0B |
| Capital Expenditure | -$126M |
| Acquisitions (Net) | -$20M |
| Purchases of Investments | -$238M |
| Sales/Maturities of Investments | $246M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$138M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1.2B |
| Common Dividends Paid | $0 |
| Other Financing Activities | $51M |
| NET CASH FROM FINANCING | -$1.3B |
| FREE CASH FLOW | $1.9B |
| Net Change in Cash | $626M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.4B |
| Short-Term Investments | $1.9B |
| Net Receivables | $1.6B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7.9B |
| PP&E (Net) | $2.2B |
| Goodwill | $12.8B |
| Intangible Assets | $1.6B |
| Long-Term Investments | $0 |
| Tax Assets | $882M |
| Other Non-Current Assets | $865M |
| TOTAL NON-CURRENT ASSETS | $18.4B |
| TOTAL ASSETS | $26.3B |
| Account Payables | $366M |
| Short-Term Debt | $499M |
| Deferred Revenue | $4.8B |
| Other Current Liabilities | $613M |
| TOTAL CURRENT LIABILITIES | $7.4B |
| Long-Term Debt | $3.6B |
| Deferred Revenue NC | $123M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $760M |
| TOTAL NON-CURRENT LIABILITIES | $5.0B |
| TOTAL LIABILITIES | $12.3B |
| Common Stock | $0 |
| Additional Paid-In Capital | $9.1B |
| Retained Earnings | $26.0B |
| Treasury Stock | -$20.9B |
| Accum. Other Comp. Income | -$195M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $14.0B |
| TOTAL LIABILITIES & EQUITY | $26.3B |
| Total Debt | $4.7B |
| Net Debt | $1.3B |
