| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $698M | $653M | $673M | 6.8% | 3.7% |
| Op. Income | $276M | $262M | $291M | 5.1% | -5.3% |
| Gross Margin | 93.2% | 97.0% | 96.3% | -3.7pp | -3.1pp |
| Net Margin | 30.3% | 32.4% | 32.4% | -2.1pp | -2.1pp |
| EPS (Diluted) | $2.77 | $2.69 | $2.66 | 3.0% | 4.1% |
| Free Cash Flow | $270M | $182M | $269M | 48.2% | 0.2% |
| Item | Amount |
|---|---|
| REVENUE | $698M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $651M |
| R&D Expenses | $0 |
| Selling & Marketing | $21M |
| General & Administrative | $175M |
| SG&A Expenses | $197M |
| Other Expenses | $179M |
| Operating Expenses | $375M |
| Cost & Expenses | $423M |
| OPERATING INCOME | $276M |
| Interest Income | $572M |
| Interest Expense | $38M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $276M |
| Income Tax Expense | $64M |
| Net Income from Continuing Ops | $211M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $211M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $211M |
| D&A | $15M |
| EBIT | $276M |
| EBITDA | $290M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $698M |
| Cost of Revenue | $47M |
| GROSS PROFIT | $651M |
| R&D Expenses | $0 |
| Selling & Marketing | $21M |
| General & Administrative | $175M |
| SG&A Expenses | $197M |
| Other Expenses | $179M |
| Operating Expenses | $375M |
| Cost & Expenses | $423M |
| OPERATING INCOME | $276M |
| Interest Income | $572M |
| Interest Expense | $38M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $276M |
| Income Tax Expense | $64M |
| Net Income from Continuing Ops | $211M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $211M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $211M |
| D&A | $15M |
| EBIT | $276M |
| EBITDA | $290M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $211M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $15M |
| Other Non-Cash Items | -$73M |
| Change in Working Capital | $122M |
| OPERATING CASH FLOW | $294M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4.7B |
| Sales/Maturities of Investments | $2.9B |
| Other Investing Activities | -$751M |
| NET CASH FROM INVESTING | -$2.5B |
| Net Debt Issuance | -$101M |
| Common Stock Repurchased | -$100.0K |
| Common Dividends Paid | -$42M |
| Other Financing Activities | $2.5B |
| NET CASH FROM FINANCING | $2.3B |
| FREE CASH FLOW | $270M |
| Net Change in Cash | $90M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.2B |
| Short-Term Investments | $26.2B |
| Net Receivables | $1.8B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $38.4B |
| PP&E (Net) | $636M |
| Goodwill | $720M |
| Intangible Assets | $144M |
| Long-Term Investments | $30.4B |
| Tax Assets | $818M |
| Other Non-Current Assets | $356M |
| TOTAL NON-CURRENT ASSETS | $33.1B |
| TOTAL ASSETS | $71.5B |
| Account Payables | $141M |
| Short-Term Debt | $82M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $65.3B |
| TOTAL CURRENT LIABILITIES | $65.8B |
| Long-Term Debt | $888M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $283M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $67.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $4.6B |
| Retained Earnings | $3.3B |
| Treasury Stock | -$1.7B |
| Accum. Other Comp. Income | -$2.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.3B |
| TOTAL LIABILITIES & EQUITY | $71.5B |
| Total Debt | $1.1B |
| Net Debt | -$9.1B |
