| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.7B | $3.0B | $1.1B | -9.6% | 136.2% |
| Op. Income | $174M | $848M | -$311M | -79.5% | 155.9% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | -26.0% | 20.7% | -4.8% | -46.7pp | -21.2pp |
| EPS (Diluted) | $-0.68 | $0.60 | $-0.05 | -214.5% | -1176.1% |
| Free Cash Flow | $1.6B | $178M | -$272M | 791.0% | 683.1% |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $2.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.5B |
| General & Administrative | $754M |
| SG&A Expenses | $2.2B |
| Other Expenses | $281M |
| Operating Expenses | $2.5B |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $174M |
| Interest Income | $3M |
| Interest Expense | $68M |
| Other Income/Expenses | -$1.0B |
| INCOME BEFORE TAX | -$849M |
| Income Tax Expense | -$149M |
| Net Income from Continuing Ops | -$700M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$700M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$700M |
| D&A | $150M |
| EBIT | -$781M |
| EBITDA | -$631M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$700M |
| Depreciation & Amortization | $150M |
| Stock-Based Compensation | $93M |
| Deferred Income Tax | -$216M |
| Other Non-Cash Items | $1.0B |
| Change in Working Capital | $1.3B |
| OPERATING CASH FLOW | $1.7B |
| Capital Expenditure | -$109M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$121M |
| Net Debt Issuance | -$1.1B |
| Common Stock Repurchased | -$1.0B |
| Common Dividends Paid | $0 |
| Other Financing Activities | $12M |
| NET CASH FROM FINANCING | -$2.1B |
| FREE CASH FLOW | $1.6B |
| Net Change in Cash | -$574M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.5B |
| Short-Term Investments | $0 |
| Net Receivables | $1.6B |
| Inventory | $0 |
| Other Current Assets | $320M |
| TOTAL CURRENT ASSETS | $12.9B |
| PP&E (Net) | $1.3B |
| Goodwill | $2.9B |
| Intangible Assets | $2.0B |
| Long-Term Investments | $2.2B |
| Tax Assets | $721M |
| Other Non-Current Assets | $382M |
| TOTAL NON-CURRENT ASSETS | $9.5B |
| TOTAL ASSETS | $22.4B |
| Account Payables | $1.5B |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $2.8B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $7.5B |
| Long-Term Debt | $8.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $721M |
| Other Non-Current Liabilities | $1.0B |
| TOTAL NON-CURRENT LIABILITIES | $10.5B |
| TOTAL LIABILITIES | $18.0B |
| Common Stock | $0 |
| Additional Paid-In Capital | $6.2B |
| Retained Earnings | $23.8B |
| Treasury Stock | -$25.4B |
| Accum. Other Comp. Income | -$183M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.4B |
| TOTAL LIABILITIES & EQUITY | $22.4B |
| Total Debt | $10.1B |
| Net Debt | -$432M |
