| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $877M | $707M | 19.9% | 48.7% |
| Op. Income | $363M | $278M | $219M | 30.5% | 65.4% |
| Gross Margin | 61.2% | 63.1% | 64.2% | -2.0pp | -3.1pp |
| Net Margin | 28.4% | 31.0% | 27.8% | -2.6pp | 0.6pp |
| EPS (Diluted) | $0.24 | $0.21 | $0.15 | 14.3% | 60.0% |
| Free Cash Flow | $92M | $202M | $259M | -54.4% | -64.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $409M |
| GROSS PROFIT | $643M |
| R&D Expenses | $178M |
| Selling & Marketing | $79M |
| General & Administrative | $23M |
| SG&A Expenses | $102M |
| Other Expenses | $0 |
| Operating Expenses | $280M |
| Cost & Expenses | $689M |
| OPERATING INCOME | $363M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | -$533.0K |
| INCOME BEFORE TAX | $362M |
| Income Tax Expense | $63M |
| Net Income from Continuing Ops | $299M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $299M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $299M |
| D&A | $15M |
| EBIT | $363M |
| EBITDA | $378M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $409M |
| GROSS PROFIT | $643M |
| R&D Expenses | $178M |
| Selling & Marketing | $79M |
| General & Administrative | $23M |
| SG&A Expenses | $102M |
| Other Expenses | $0 |
| Operating Expenses | $280M |
| Cost & Expenses | $689M |
| OPERATING INCOME | $363M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | -$533.0K |
| INCOME BEFORE TAX | $362M |
| Income Tax Expense | $63M |
| Net Income from Continuing Ops | $299M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $299M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $299M |
| D&A | $15M |
| EBIT | $363M |
| EBITDA | $378M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $299M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $50M |
| Deferred Income Tax | -$24M |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$253M |
| OPERATING CASH FLOW | $101M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | -$107M |
| Purchases of Investments | -$229M |
| Sales/Maturities of Investments | $591M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $246M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$484M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$486M |
| FREE CASH FLOW | $92M |
| Net Change in Cash | -$142M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $493M |
| Short-Term Investments | $2.4B |
| Net Receivables | $586M |
| Inventory | $853M |
| Other Current Assets | $256M |
| TOTAL CURRENT ASSETS | $4.7B |
| PP&E (Net) | $154M |
| Goodwill | $273M |
| Intangible Assets | $141M |
| Long-Term Investments | $38M |
| Tax Assets | $442M |
| Other Non-Current Assets | $47M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $5.8B |
| Account Payables | $275M |
| Short-Term Debt | $0 |
| Deferred Revenue | $698M |
| Other Current Liabilities | $95M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $336M |
| Deferred Tax Liabilities | $13M |
| Other Non-Current Liabilities | $140M |
| TOTAL NON-CURRENT LIABILITIES | $541M |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $30.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $2.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$41M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.0B |
| TOTAL LIABILITIES & EQUITY | $5.8B |
| Total Debt | $52M |
| Net Debt | -$441M |
