| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.8B | $1.8B | -4.8% | -2.6% |
| Op. Income | $536M | $684M | $781M | -21.6% | -31.4% |
| Gross Margin | 96.0% | 97.2% | 102.3% | -1.2pp | -6.4pp |
| Net Margin | 24.5% | 29.5% | 34.8% | -4.9pp | -10.2pp |
| EPS (Diluted) | $0.93 | $1.17 | $1.37 | -20.5% | -32.1% |
| Free Cash Flow | $1.5B | $1.0B | -$700M | 44.5% | 314.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $69M |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $26M |
| General & Administrative | $614M |
| SG&A Expenses | $640M |
| Other Expenses | $466M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $536M |
| Interest Income | $1.2B |
| Interest Expense | $66M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $536M |
| Income Tax Expense | $116M |
| Net Income from Continuing Ops | $420M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $420M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $396M |
| D&A | $67M |
| EBIT | $536M |
| EBITDA | $603M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $69M |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $26M |
| General & Administrative | $614M |
| SG&A Expenses | $640M |
| Other Expenses | $466M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $536M |
| Interest Income | $1.2B |
| Interest Expense | $66M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $536M |
| Income Tax Expense | $116M |
| Net Income from Continuing Ops | $420M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $420M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $396M |
| D&A | $67M |
| EBIT | $536M |
| EBITDA | $603M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $420M |
| Depreciation & Amortization | $67M |
| Stock-Based Compensation | $33M |
| Deferred Income Tax | -$47M |
| Other Non-Cash Items | $897M |
| Change in Working Capital | $184M |
| OPERATING CASH FLOW | $1.6B |
| Capital Expenditure | -$51M |
| Acquisitions (Net) | -$143M |
| Purchases of Investments | -$2.7B |
| Sales/Maturities of Investments | $2.1B |
| Other Investing Activities | -$3.2B |
| NET CASH FROM INVESTING | -$3.9B |
| Net Debt Issuance | -$1.1B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$165M |
| Other Financing Activities | $4.4B |
| NET CASH FROM FINANCING | $3.1B |
| FREE CASH FLOW | $1.5B |
| Net Change in Cash | $778M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.6B |
| Short-Term Investments | $24.5B |
| Net Receivables | $1.5B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $36.6B |
| PP&E (Net) | $793M |
| Goodwill | $7.2B |
| Intangible Assets | $0 |
| Long-Term Investments | $133.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $13.9B |
| TOTAL NON-CURRENT ASSETS | $155.5B |
| TOTAL ASSETS | $192.1B |
| Account Payables | $0 |
| Short-Term Debt | $25M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $158.8B |
| TOTAL CURRENT LIABILITIES | $158.8B |
| Long-Term Debt | $5.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.3B |
| TOTAL NON-CURRENT LIABILITIES | $11.2B |
| TOTAL LIABILITIES | $170.0B |
| Common Stock | $6M |
| Additional Paid-In Capital | $19.0B |
| Retained Earnings | $8.2B |
| Treasury Stock | -$4.9B |
| Accum. Other Comp. Income | -$2.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $22.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $22.1B |
| TOTAL LIABILITIES & EQUITY | $192.1B |
| Total Debt | $5.9B |
| Net Debt | -$4.7B |
