| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.1B | $1.7B | $1.7B | 22.1% | 23.2% |
| Op. Income | $478M | $536M | $831M | -10.8% | -42.5% |
| Gross Margin | 83.9% | 96.0% | 107.4% | -12.1pp | -23.6pp |
| Net Margin | 17.4% | 24.5% | 38.2% | -7.1pp | -20.8pp |
| EPS (Diluted) | $0.67 | $0.93 | $1.44 | -28.0% | -53.5% |
| Free Cash Flow | -$1.9B | $1.5B | $558M | -225.1% | -437.1% |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $337M |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $39M |
| General & Administrative | $709M |
| SG&A Expenses | $748M |
| Other Expenses | $526M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $478M |
| Interest Income | $1.6B |
| Interest Expense | $121M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $478M |
| Income Tax Expense | $114M |
| Net Income from Continuing Ops | $364M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $364M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $332M |
| D&A | $260M |
| EBIT | $478M |
| EBITDA | $738M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $337M |
| GROSS PROFIT | $1.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $39M |
| General & Administrative | $709M |
| SG&A Expenses | $748M |
| Other Expenses | $526M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $478M |
| Interest Income | $1.6B |
| Interest Expense | $121M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $478M |
| Income Tax Expense | $114M |
| Net Income from Continuing Ops | $364M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $364M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $332M |
| D&A | $260M |
| EBIT | $478M |
| EBITDA | $738M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $364M |
| Depreciation & Amortization | $260M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | $125M |
| Other Non-Cash Items | $537M |
| Change in Working Capital | -$3.2B |
| OPERATING CASH FLOW | -$1.9B |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$91M |
| Purchases of Investments | -$6.0B |
| Sales/Maturities of Investments | $1.6B |
| Other Investing Activities | -$5.0B |
| NET CASH FROM INVESTING | -$9.4B |
| Net Debt Issuance | $8.2B |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$195M |
| Other Financing Activities | -$69M |
| NET CASH FROM FINANCING | $7.9B |
| FREE CASH FLOW | -$1.9B |
| Net Change in Cash | -$3.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.0B |
| Short-Term Investments | $24.6B |
| Net Receivables | $1.5B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $33.2B |
| PP&E (Net) | $885M |
| Goodwill | $8.1B |
| Intangible Assets | $0 |
| Long-Term Investments | $166.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $17.9B |
| TOTAL NON-CURRENT ASSETS | $193.6B |
| TOTAL ASSETS | $226.7B |
| Account Payables | $0 |
| Short-Term Debt | $3.8B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $178.9B |
| TOTAL CURRENT LIABILITIES | $182.7B |
| Long-Term Debt | $14.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.3B |
| TOTAL NON-CURRENT LIABILITIES | $19.7B |
| TOTAL LIABILITIES | $202.4B |
| Common Stock | $6M |
| Additional Paid-In Capital | $22.1B |
| Retained Earnings | $8.3B |
| Treasury Stock | -$4.9B |
| Accum. Other Comp. Income | -$3.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $24.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $24.3B |
| TOTAL LIABILITIES & EQUITY | $226.7B |
| Total Debt | $18.2B |
| Net Debt | $11.2B |
