| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.7B | $2.7B | $2.6B | -0.6% | 3.4% |
| Op. Income | $846M | $899M | $1.0B | -5.9% | -16.0% |
| Gross Margin | 79.2% | 77.3% | 79.4% | 2.0pp | -0.2pp |
| Net Margin | 24.0% | 23.7% | 30.1% | 0.2pp | -6.1pp |
| EPS (Diluted) | $1.86 | $1.79 | $2.11 | 3.9% | -11.8% |
| Free Cash Flow | $695M | $70M | -$99M | 892.9% | 802.0% |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $568M |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $72M |
| General & Administrative | $700M |
| SG&A Expenses | $772M |
| Other Expenses | $547M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $846M |
| Interest Income | $2.3B |
| Interest Expense | $401M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $846M |
| Income Tax Expense | $191M |
| Net Income from Continuing Ops | $655M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $655M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $627M |
| D&A | $339M |
| EBIT | $846M |
| EBITDA | $1.2B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $568M |
| GROSS PROFIT | $2.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $72M |
| General & Administrative | $700M |
| SG&A Expenses | $772M |
| Other Expenses | $547M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $846M |
| Interest Income | $2.3B |
| Interest Expense | $401M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $846M |
| Income Tax Expense | $191M |
| Net Income from Continuing Ops | $655M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $655M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $627M |
| D&A | $339M |
| EBIT | $846M |
| EBITDA | $1.2B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $655M |
| Depreciation & Amortization | $339M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $258M |
| Change in Working Capital | $389M |
| OPERATING CASH FLOW | $1.6B |
| Capital Expenditure | -$946M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4.4B |
| Sales/Maturities of Investments | $2.6B |
| Other Investing Activities | -$2.9B |
| NET CASH FROM INVESTING | -$5.7B |
| Net Debt Issuance | $2.8B |
| Common Stock Repurchased | -$584M |
| Common Dividends Paid | -$104M |
| Other Financing Activities | $916M |
| NET CASH FROM FINANCING | $3.0B |
| FREE CASH FLOW | $695M |
| Net Change in Cash | -$1.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.9B |
| Short-Term Investments | $33.2B |
| Net Receivables | $946M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $38.0B |
| PP&E (Net) | $12.0B |
| Goodwill | $822M |
| Intangible Assets | $121M |
| Long-Term Investments | $130.9B |
| Tax Assets | $625M |
| Other Non-Current Assets | $1.8B |
| TOTAL NON-CURRENT ASSETS | $146.3B |
| TOTAL ASSETS | $184.3B |
| Account Payables | $1.1B |
| Short-Term Debt | $8.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $142.5B |
| TOTAL CURRENT LIABILITIES | $151.7B |
| Long-Term Debt | $11.7B |
| Deferred Revenue NC | $172M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.1B |
| TOTAL NON-CURRENT LIABILITIES | $17.2B |
| TOTAL LIABILITIES | $168.9B |
| Common Stock | $21.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$1.1B |
| Treasury Stock | -$5.8B |
| Accum. Other Comp. Income | -$1.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $15.4B |
| TOTAL LIABILITIES & EQUITY | $184.3B |
| Total Debt | $20.0B |
| Net Debt | $16.1B |
