| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.3B | $4.2B | $4.6B | 4.4% | -5.4% |
| Op. Income | $497M | $380M | $506M | 30.7% | -1.8% |
| Gross Margin | 48.8% | 45.3% | 49.3% | 3.5pp | -0.5pp |
| Net Margin | 12.3% | -3.1% | -1.9% | 15.4pp | 14.1pp |
| EPS (Diluted) | $1.51 | $-0.46 | $-0.25 | 427.6% | 714.3% |
| Free Cash Flow | $806M | -$16M | $1.2B | 5255.1% | -31.5% |
| Item | Amount |
|---|---|
| REVENUE | $4.3B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $919M |
| Selling & Marketing | -$12M |
| General & Administrative | $711M |
| SG&A Expenses | $699M |
| Other Expenses | $0 |
| Operating Expenses | $1.6B |
| Cost & Expenses | $3.8B |
| OPERATING INCOME | $497M |
| Interest Income | $223M |
| Interest Expense | $108M |
| Other Income/Expenses | $22M |
| INCOME BEFORE TAX | $519M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $515M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $531M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $531M |
| D&A | $589M |
| EBIT | $627M |
| EBITDA | $1.2B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $4.3B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $919M |
| Selling & Marketing | -$12M |
| General & Administrative | $711M |
| SG&A Expenses | $699M |
| Other Expenses | $0 |
| Operating Expenses | $1.6B |
| Cost & Expenses | $3.8B |
| OPERATING INCOME | $497M |
| Interest Income | $223M |
| Interest Expense | $108M |
| Other Income/Expenses | $22M |
| INCOME BEFORE TAX | $519M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $515M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $531M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $531M |
| D&A | $589M |
| EBIT | $627M |
| EBITDA | $1.2B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $531M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $295M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $299M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $1.1B |
| Capital Expenditure | -$320M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$218M |
| NET CASH FROM INVESTING | -$538M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $79M |
| NET CASH FROM FINANCING | $79M |
| FREE CASH FLOW | $806M |
| Net Change in Cash | $858M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.2B |
| Short-Term Investments | $19.8B |
| Net Receivables | $1.6B |
| Inventory | $0 |
| Other Current Assets | $2.9B |
| TOTAL CURRENT ASSETS | $30.6B |
| PP&E (Net) | $4.9B |
| Goodwill | $3.3B |
| Intangible Assets | $3.0B |
| Long-Term Investments | $10.9B |
| Tax Assets | $438M |
| Other Non-Current Assets | $3.1B |
| TOTAL NON-CURRENT ASSETS | $25.7B |
| TOTAL ASSETS | $56.3B |
| Account Payables | $5.2B |
| Short-Term Debt | $3.4B |
| Deferred Revenue | $1.9B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $11.1B |
| Long-Term Debt | $9.4B |
| Deferred Revenue NC | $60M |
| Deferred Tax Liabilities | $431M |
| Other Non-Current Liabilities | $764M |
| TOTAL NON-CURRENT LIABILITIES | $11.4B |
| TOTAL LIABILITIES | $22.6B |
| Common Stock | $31.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $31.7B |
| Minority Interest | $2.0B |
| TOTAL EQUITY | $33.7B |
| TOTAL LIABILITIES & EQUITY | $56.3B |
| Total Debt | $14.0B |
| Net Debt | $7.7B |
