| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $21.5B | $18.3B | $21.7B | 17.1% | -1.1% |
| Op. Income | $5.3B | $4.0B | $10.3B | 33.3% | -48.9% |
| Gross Margin | 86.0% | 96.8% | 100.3% | -10.8pp | -14.3pp |
| Net Margin | 20.1% | 17.3% | 36.6% | 2.7pp | -16.5pp |
| EPS (Diluted) | $2.02 | $1.46 | $3.62 | 38.4% | -44.2% |
| Free Cash Flow | -$10.5B | $756M | $22.4B | -1485.7% | -146.8% |
| Item | Amount |
|---|---|
| REVENUE | $21.5B |
| Cost of Revenue | $3.0B |
| GROSS PROFIT | $18.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $311M |
| General & Administrative | $6.8B |
| SG&A Expenses | $7.2B |
| Other Expenses | $6.0B |
| Operating Expenses | $13.2B |
| Cost & Expenses | $16.2B |
| OPERATING INCOME | $5.3B |
| Interest Income | $13.2B |
| Interest Expense | $2.3B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5.3B |
| Income Tax Expense | $941M |
| Net Income from Continuing Ops | $4.3B |
| Net Income from Discontinued Ops | -$2M |
| Other Adjustments | $0 |
| NET INCOME | $4.3B |
| Net Income Deductions | -$8M |
| BOTTOM LINE NET INCOME | $4.0B |
| D&A | $1.0B |
| EBIT | $5.3B |
| EBITDA | $6.3B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $21.5B |
| Cost of Revenue | $3.0B |
| GROSS PROFIT | $18.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $311M |
| General & Administrative | $6.8B |
| SG&A Expenses | $7.2B |
| Other Expenses | $6.0B |
| Operating Expenses | $13.2B |
| Cost & Expenses | $16.2B |
| OPERATING INCOME | $5.3B |
| Interest Income | $13.2B |
| Interest Expense | $2.3B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $5.3B |
| Income Tax Expense | $941M |
| Net Income from Continuing Ops | $4.3B |
| Net Income from Discontinued Ops | -$2M |
| Other Adjustments | $0 |
| NET INCOME | $4.3B |
| Net Income Deductions | -$8M |
| BOTTOM LINE NET INCOME | $4.0B |
| D&A | $1.0B |
| EBIT | $5.3B |
| EBITDA | $6.3B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $4.3B |
| Depreciation & Amortization | $1.0B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$189M |
| Other Non-Cash Items | -$6.1B |
| Change in Working Capital | -$8.3B |
| OPERATING CASH FLOW | -$9.2B |
| Capital Expenditure | -$1.2B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$94.6B |
| Sales/Maturities of Investments | $84.1B |
| Other Investing Activities | -$27.1B |
| NET CASH FROM INVESTING | -$38.8B |
| Net Debt Issuance | $28.0B |
| Common Stock Repurchased | -$2.8B |
| Common Dividends Paid | -$1.3B |
| Other Financing Activities | $34.5B |
| NET CASH FROM FINANCING | $58.4B |
| FREE CASH FLOW | -$10.5B |
| Net Change in Cash | $10.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $272.1B |
| Short-Term Investments | $259.1B |
| Net Receivables | $89.6B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $620.8B |
| PP&E (Net) | $0 |
| Goodwill | $19.9B |
| Intangible Assets | $4.5B |
| Long-Term Investments | $892.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $856.5B |
| TOTAL NON-CURRENT ASSETS | $1.8T |
| TOTAL ASSETS | $2.4T |
| Account Payables | $91.3B |
| Short-Term Debt | $234.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.5T |
| TOTAL CURRENT LIABILITIES | $1.8T |
| Long-Term Debt | $254.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $94.1B |
| TOTAL NON-CURRENT LIABILITIES | $348.0B |
| TOTAL LIABILITIES | $2.2T |
| Common Stock | $31M |
| Additional Paid-In Capital | $108.0B |
| Retained Earnings | $188.0B |
| Treasury Stock | -$73.7B |
| Accum. Other Comp. Income | -$43.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $197.7B |
| Minority Interest | $644M |
| TOTAL EQUITY | $198.4B |
| TOTAL LIABILITIES & EQUITY | $2.4T |
| Total Debt | $488.6B |
| Net Debt | $216.5B |
