| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.0B | $12.4B | $9.8B | -3.1% | 22.8% |
| Op. Income | $2.7B | $2.3B | $3.0B | 17.6% | -9.4% |
| Gross Margin | 97.6% | 97.2% | 103.2% | 0.4pp | -5.6pp |
| Net Margin | 17.4% | 13.8% | 22.8% | 3.6pp | -5.4pp |
| EPS (Diluted) | $2.73 | $2.18 | $2.74 | 25.2% | -0.4% |
| Free Cash Flow | $3.4B | $4.5B | $2.0B | -24.3% | 75.1% |
| Item | Amount |
|---|---|
| REVENUE | $12.0B |
| Cost of Revenue | $288M |
| GROSS PROFIT | $11.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.2B |
| General & Administrative | $1.7B |
| SG&A Expenses | $2.9B |
| Other Expenses | $6.2B |
| Operating Expenses | $9.0B |
| Cost & Expenses | $9.3B |
| OPERATING INCOME | $2.7B |
| Interest Income | $2.5B |
| Interest Expense | $321M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2.7B |
| Income Tax Expense | $613M |
| Net Income from Continuing Ops | $2.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.1B |
| D&A | $398M |
| EBIT | $2.7B |
| EBITDA | $3.1B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $12.0B |
| Cost of Revenue | $288M |
| GROSS PROFIT | $11.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.2B |
| General & Administrative | $1.7B |
| SG&A Expenses | $2.9B |
| Other Expenses | $6.2B |
| Operating Expenses | $9.0B |
| Cost & Expenses | $9.3B |
| OPERATING INCOME | $2.7B |
| Interest Income | $2.5B |
| Interest Expense | $321M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2.7B |
| Income Tax Expense | $613M |
| Net Income from Continuing Ops | $2.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.1B |
| D&A | $398M |
| EBIT | $2.7B |
| EBITDA | $3.1B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $2.1B |
| Depreciation & Amortization | $398M |
| Stock-Based Compensation | $122M |
| Deferred Income Tax | -$69M |
| Other Non-Cash Items | -$80M |
| Change in Working Capital | $1.4B |
| OPERATING CASH FLOW | $3.9B |
| Capital Expenditure | -$447M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.3B |
| Sales/Maturities of Investments | $783M |
| Other Investing Activities | -$785M |
| NET CASH FROM INVESTING | -$2.8B |
| Net Debt Issuance | -$142M |
| Common Stock Repurchased | -$1.6B |
| Common Dividends Paid | -$345M |
| Other Financing Activities | $6.5B |
| NET CASH FROM FINANCING | $4.5B |
| FREE CASH FLOW | $3.4B |
| Net Change in Cash | $5.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $25.4B |
| Short-Term Investments | $2.2B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $27.7B |
| PP&E (Net) | $5.0B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $147.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $15.3B |
| TOTAL NON-CURRENT ASSETS | $168.2B |
| TOTAL ASSETS | $195.9B |
| Account Payables | $11.2B |
| Short-Term Debt | $2.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $90.9B |
| TOTAL CURRENT LIABILITIES | $104.2B |
| Long-Term Debt | $38.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $30.9B |
| TOTAL NON-CURRENT LIABILITIES | $69.2B |
| TOTAL LIABILITIES | $173.5B |
| Common Stock | $151M |
| Additional Paid-In Capital | $11.5B |
| Retained Earnings | $13.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $22.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $22.4B |
| TOTAL LIABILITIES & EQUITY | $195.9B |
| Total Debt | $40.5B |
| Net Debt | $15.0B |
