| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $12.9B | $13.1B | $11.9B | -1.7% | 8.1% |
| Op. Income | $3.4B | $3.6B | $2.6B | -3.8% | 33.8% |
| Gross Margin | 62.4% | 63.6% | 63.6% | -1.1pp | -1.1pp |
| Net Margin | 23.1% | 22.9% | 18.2% | 0.2pp | 4.9pp |
| EPS (Diluted) | $0.70 | $0.71 | $0.51 | -1.4% | 37.3% |
| Free Cash Flow | $3.3B | $4.3B | $3.9B | -23.9% | -15.8% |
| Item | Amount |
|---|---|
| REVENUE | $12.9B |
| Cost of Revenue | $4.8B |
| GROSS PROFIT | $8.1B |
| R&D Expenses | $1.7B |
| Selling & Marketing | $2.3B |
| General & Administrative | $551M |
| SG&A Expenses | $2.8B |
| Other Expenses | $89M |
| Operating Expenses | $4.6B |
| Cost & Expenses | $9.5B |
| OPERATING INCOME | $3.4B |
| Interest Income | $121M |
| Interest Expense | $89M |
| Other Income/Expenses | $219M |
| INCOME BEFORE TAX | $3.7B |
| Income Tax Expense | $677M |
| Net Income from Continuing Ops | $3.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.0B |
| D&A | $533M |
| EBIT | $3.7B |
| EBITDA | $4.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $12.9B |
| Cost of Revenue | $4.8B |
| GROSS PROFIT | $8.1B |
| R&D Expenses | $1.7B |
| Selling & Marketing | $2.3B |
| General & Administrative | $551M |
| SG&A Expenses | $2.8B |
| Other Expenses | $89M |
| Operating Expenses | $4.6B |
| Cost & Expenses | $9.5B |
| OPERATING INCOME | $3.4B |
| Interest Income | $121M |
| Interest Expense | $89M |
| Other Income/Expenses | $219M |
| INCOME BEFORE TAX | $3.7B |
| Income Tax Expense | $677M |
| Net Income from Continuing Ops | $3.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.0B |
| D&A | $533M |
| EBIT | $3.7B |
| EBITDA | $4.3B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $3.0B |
| Depreciation & Amortization | $533M |
| Stock-Based Compensation | $453M |
| Deferred Income Tax | -$98M |
| Other Non-Cash Items | -$210M |
| Change in Working Capital | -$231M |
| OPERATING CASH FLOW | $3.4B |
| Capital Expenditure | -$122M |
| Acquisitions (Net) | -$336M |
| Purchases of Investments | -$3.1B |
| Sales/Maturities of Investments | $2.5B |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$1.0B |
| Net Debt Issuance | -$2.0B |
| Common Stock Repurchased | -$406M |
| Common Dividends Paid | -$1.6B |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$4.0B |
| FREE CASH FLOW | $3.3B |
| Net Change in Cash | -$1.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $7.6B |
| Short-Term Investments | $15.7B |
| Net Receivables | $9.4B |
| Inventory | $1.8B |
| Other Current Assets | $3.0B |
| TOTAL CURRENT ASSETS | $37.6B |
| PP&E (Net) | $2.2B |
| Goodwill | $38.8B |
| Intangible Assets | $3.4B |
| Long-Term Investments | $0 |
| Tax Assets | $4.2B |
| Other Non-Current Assets | $9.8B |
| TOTAL NON-CURRENT ASSETS | $58.4B |
| TOTAL ASSETS | $96.0B |
| Account Payables | $2.3B |
| Short-Term Debt | $506M |
| Deferred Revenue | $12.0B |
| Other Current Liabilities | $7.6B |
| TOTAL CURRENT LIABILITIES | $23.2B |
| Long-Term Debt | $9.0B |
| Deferred Revenue NC | $10.1B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $11.0B |
| TOTAL NON-CURRENT LIABILITIES | $30.0B |
| TOTAL LIABILITIES | $53.3B |
| Common Stock | $42.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $553M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$473M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $42.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $42.7B |
| TOTAL LIABILITIES & EQUITY | $96.0B |
| Total Debt | $9.5B |
| Net Debt | $1.9B |
