| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $927M | — | $601M | — | 54.3% |
| Op. Income | $395M | — | $228M | — | 73.5% |
| Gross Margin | 70.6% | — | 78.5% | — | -7.9pp |
| Net Margin | 35.4% | — | 30.3% | — | 5.1pp |
| EPS (Diluted) | $0.65 | — | $0.36 | — | 80.6% |
| Free Cash Flow | -$1.5B | — | -$2.6B | — | 41.0% |
| Item | Amount |
|---|---|
| REVENUE | $927M |
| Cost of Revenue | $273M |
| GROSS PROFIT | $654M |
| R&D Expenses | $0 |
| Selling & Marketing | $9M |
| General & Administrative | $215M |
| SG&A Expenses | $224M |
| Other Expenses | $35M |
| Operating Expenses | $259M |
| Cost & Expenses | $532M |
| OPERATING INCOME | $395M |
| Interest Income | $506M |
| Interest Expense | $161M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $395M |
| Income Tax Expense | $67M |
| Net Income from Continuing Ops | $328M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $328M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $328M |
| D&A | $22M |
| EBIT | $395M |
| EBITDA | $418M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $927M |
| Cost of Revenue | $273M |
| GROSS PROFIT | $654M |
| R&D Expenses | $0 |
| Selling & Marketing | $9M |
| General & Administrative | $215M |
| SG&A Expenses | $224M |
| Other Expenses | $35M |
| Operating Expenses | $259M |
| Cost & Expenses | $532M |
| OPERATING INCOME | $395M |
| Interest Income | $506M |
| Interest Expense | $161M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $395M |
| Income Tax Expense | $67M |
| Net Income from Continuing Ops | $328M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $328M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $328M |
| D&A | $22M |
| EBIT | $395M |
| EBITDA | $418M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $328M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | $813M |
| Change in Working Capital | -$2.7B |
| OPERATING CASH FLOW | -$1.5B |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$145M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$608M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$753M |
| FREE CASH FLOW | -$1.5B |
| Net Change in Cash | -$2.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.0B |
| Short-Term Investments | $3.1B |
| Net Receivables | $417M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $9.5B |
| PP&E (Net) | $426M |
| Goodwill | $0 |
| Intangible Assets | $82M |
| Long-Term Investments | $44.9B |
| Tax Assets | $501M |
| Other Non-Current Assets | $811M |
| TOTAL NON-CURRENT ASSETS | $46.7B |
| TOTAL ASSETS | $56.3B |
| Account Payables | $393M |
| Short-Term Debt | $112M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $29.6B |
| TOTAL CURRENT LIABILITIES | $30.1B |
| Long-Term Debt | $9.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11.5B |
| TOTAL NON-CURRENT LIABILITIES | $21.4B |
| TOTAL LIABILITIES | $51.5B |
| Common Stock | $2.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $652M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.7B |
| Minority Interest | $1.1K |
| TOTAL EQUITY | $4.7B |
| TOTAL LIABILITIES & EQUITY | $56.3B |
| Total Debt | $10.1B |
| Net Debt | $4.1B |
