| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $861M | $789M | $667M | 9.1% | 29.1% |
| Op. Income | $370M | $318M | $298M | 16.6% | 24.5% |
| Gross Margin | 78.5% | 77.9% | 81.7% | 0.5pp | -3.2pp |
| Net Margin | 30.4% | 27.6% | 29.4% | 2.8pp | 1.0pp |
| EPS (Diluted) | $3.35 | $2.75 | $2.30 | 21.8% | 45.7% |
| Free Cash Flow | $119M | -$144M | $252M | 182.8% | -52.9% |
| Item | Amount |
|---|---|
| REVENUE | $861M |
| Cost of Revenue | $186M |
| GROSS PROFIT | $676M |
| R&D Expenses | $0 |
| Selling & Marketing | $79M |
| General & Administrative | $147M |
| SG&A Expenses | $227M |
| Other Expenses | $78M |
| Operating Expenses | $305M |
| Cost & Expenses | $491M |
| OPERATING INCOME | $370M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $344M |
| Income Tax Expense | $81M |
| Net Income from Continuing Ops | $262M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $262M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $262M |
| D&A | $78M |
| EBIT | $367M |
| EBITDA | $445M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $861M |
| Cost of Revenue | $186M |
| GROSS PROFIT | $676M |
| R&D Expenses | $0 |
| Selling & Marketing | $79M |
| General & Administrative | $147M |
| SG&A Expenses | $227M |
| Other Expenses | $78M |
| Operating Expenses | $305M |
| Cost & Expenses | $491M |
| OPERATING INCOME | $370M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $344M |
| Income Tax Expense | $81M |
| Net Income from Continuing Ops | $262M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $262M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $262M |
| D&A | $78M |
| EBIT | $367M |
| EBITDA | $445M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $262M |
| Depreciation & Amortization | $78M |
| Stock-Based Compensation | $34M |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | -$292M |
| Change in Working Capital | $84M |
| OPERATING CASH FLOW | $154M |
| Capital Expenditure | -$35M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$33M |
| Net Debt Issuance | $535M |
| Common Stock Repurchased | -$373M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $172M |
| FREE CASH FLOW | $119M |
| Net Change in Cash | $267M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $0 |
| Net Receivables | $2.4B |
| Inventory | $0 |
| Other Current Assets | $2.5B |
| TOTAL CURRENT ASSETS | $6.8B |
| PP&E (Net) | $261M |
| Goodwill | $5.1B |
| Intangible Assets | $2.2B |
| Long-Term Investments | $67M |
| Tax Assets | $0 |
| Other Non-Current Assets | $262M |
| TOTAL NON-CURRENT ASSETS | $7.9B |
| TOTAL ASSETS | $14.7B |
| Account Payables | $2.0B |
| Short-Term Debt | $2.1B |
| Deferred Revenue | $1.7B |
| Other Current Liabilities | $275M |
| TOTAL CURRENT LIABILITIES | $6.4B |
| Long-Term Debt | $4.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $566M |
| Other Non-Current Liabilities | $257M |
| TOTAL NON-CURRENT LIABILITIES | $5.6B |
| TOTAL LIABILITIES | $12.0B |
| Common Stock | $128.0K |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | $6.7B |
| Treasury Stock | -$5.6B |
| Accum. Other Comp. Income | -$1.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $14.7B |
| Total Debt | $6.9B |
| Net Debt | $5.5B |
