| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.3B | $2.7B | $2.2B | 59.3% | 98.8% |
| Op. Income | $1.0B | $174M | -$56M | 474.7% | 1885.7% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | 20.0% | -26.0% | -7.7% | 45.9pp | 27.7pp |
| EPS (Diluted) | $0.84 | $-0.68 | $-0.16 | 223.2% | 616.4% |
| Free Cash Flow | $2.6B | $1.6B | $1.1B | 63.8% | 137.7% |
| Item | Amount |
|---|---|
| REVENUE | $4.3B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $4.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $2.2B |
| General & Administrative | $842M |
| SG&A Expenses | $3.0B |
| Other Expenses | $250M |
| Operating Expenses | $3.3B |
| Cost & Expenses | $3.3B |
| OPERATING INCOME | $1.0B |
| Interest Income | $24M |
| Interest Expense | $76M |
| Other Income/Expenses | $144M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $287M |
| Net Income from Continuing Ops | $857M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $857M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $857M |
| D&A | $149M |
| EBIT | $1.2B |
| EBITDA | $1.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.3B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $4.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $2.2B |
| General & Administrative | $842M |
| SG&A Expenses | $3.0B |
| Other Expenses | $250M |
| Operating Expenses | $3.3B |
| Cost & Expenses | $3.3B |
| OPERATING INCOME | $1.0B |
| Interest Income | $24M |
| Interest Expense | $76M |
| Other Income/Expenses | $144M |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $287M |
| Net Income from Continuing Ops | $857M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $857M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $857M |
| D&A | $149M |
| EBIT | $1.2B |
| EBITDA | $1.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $857M |
| Depreciation & Amortization | $149M |
| Stock-Based Compensation | $108M |
| Deferred Income Tax | $51M |
| Other Non-Cash Items | -$151M |
| Change in Working Capital | $1.7B |
| OPERATING CASH FLOW | $2.7B |
| Capital Expenditure | -$86M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$36M |
| NET CASH FROM INVESTING | -$122M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1.2B |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$1.2B |
| FREE CASH FLOW | $2.6B |
| Net Change in Cash | $1.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11.8B |
| Short-Term Investments | $0 |
| Net Receivables | $2.2B |
| Inventory | $0 |
| Other Current Assets | $342M |
| TOTAL CURRENT ASSETS | $14.9B |
| PP&E (Net) | $1.3B |
| Goodwill | $2.8B |
| Intangible Assets | $1.9B |
| Long-Term Investments | $2.4B |
| Tax Assets | $805M |
| Other Non-Current Assets | $313M |
| TOTAL NON-CURRENT ASSETS | $9.6B |
| TOTAL ASSETS | $24.5B |
| Account Payables | $2.2B |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $4.4B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $10.3B |
| Long-Term Debt | $8.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $805M |
| Other Non-Current Liabilities | $891M |
| TOTAL NON-CURRENT LIABILITIES | $10.2B |
| TOTAL LIABILITIES | $20.5B |
| Common Stock | $0 |
| Additional Paid-In Capital | $6.3B |
| Retained Earnings | $24.6B |
| Treasury Stock | -$26.7B |
| Accum. Other Comp. Income | -$252M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.0B |
| TOTAL LIABILITIES & EQUITY | $24.5B |
| Total Debt | $9.8B |
| Net Debt | -$2.0B |
