| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $453M | $363M | $460M | 24.9% | -1.4% |
| Op. Income | $169M | $79M | $216M | 114.9% | -21.6% |
| Gross Margin | 95.5% | 96.0% | 104.2% | -0.4pp | -8.7pp |
| Net Margin | 29.3% | 17.2% | 36.2% | 12.1pp | -6.9pp |
| EPS (Diluted) | $1.97 | $0.91 | $2.40 | 116.5% | -17.9% |
| Free Cash Flow | $2.4B | $3.9B | -$301M | -37.9% | 904.5% |
| Item | Amount |
|---|---|
| REVENUE | $453M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $433M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $160M |
| SG&A Expenses | $166M |
| Other Expenses | $98M |
| Operating Expenses | $264M |
| Cost & Expenses | $284M |
| OPERATING INCOME | $169M |
| Interest Income | $294M |
| Interest Expense | $20M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $169M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $133M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $133M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $132M |
| D&A | $27M |
| EBIT | $169M |
| EBITDA | $196M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $453M |
| Cost of Revenue | $20M |
| GROSS PROFIT | $433M |
| R&D Expenses | $0 |
| Selling & Marketing | $6M |
| General & Administrative | $160M |
| SG&A Expenses | $166M |
| Other Expenses | $98M |
| Operating Expenses | $264M |
| Cost & Expenses | $284M |
| OPERATING INCOME | $169M |
| Interest Income | $294M |
| Interest Expense | $20M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $169M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $133M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $133M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $132M |
| D&A | $27M |
| EBIT | $169M |
| EBITDA | $196M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $133M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $10.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$41M |
| Change in Working Capital | $2.4B |
| OPERATING CASH FLOW | $2.5B |
| Capital Expenditure | -$82M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$758M |
| Sales/Maturities of Investments | $915M |
| Other Investing Activities | -$628M |
| NET CASH FROM INVESTING | -$472M |
| Net Debt Issuance | -$400M |
| Common Stock Repurchased | -$24M |
| Common Dividends Paid | -$36M |
| Other Financing Activities | -$900M |
| NET CASH FROM FINANCING | -$1.4B |
| FREE CASH FLOW | $2.4B |
| Net Change in Cash | $670M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.0B |
| Short-Term Investments | $10.2B |
| Net Receivables | $237M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $12.4B |
| PP&E (Net) | $574M |
| Goodwill | $1.0B |
| Intangible Assets | $354M |
| Long-Term Investments | $25.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $5.1B |
| TOTAL NON-CURRENT ASSETS | $33.0B |
| TOTAL ASSETS | $45.4B |
| Account Payables | $211M |
| Short-Term Debt | $677M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $38.6B |
| TOTAL CURRENT LIABILITIES | $39.5B |
| Long-Term Debt | $167M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $961M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $40.6B |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $4.6B |
| Treasury Stock | -$613M |
| Accum. Other Comp. Income | -$603M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.7B |
| Minority Interest | $4M |
| TOTAL EQUITY | $4.7B |
| TOTAL LIABILITIES & EQUITY | $45.4B |
| Total Debt | $844M |
| Net Debt | -$1.2B |
