| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.0B | $6.0B | $6.0B | 18.0% | 16.6% |
| Op. Income | $786M | $633M | $714M | 24.0% | 10.1% |
| Gross Margin | 42.2% | 42.3% | 43.4% | -0.1pp | -1.3pp |
| Net Margin | 7.2% | 5.3% | 6.7% | 1.9pp | 0.5pp |
| EPS (Diluted) | $0.15 | $0.10 | $0.12 | 60.2% | 25.9% |
| Free Cash Flow | $609M | -$85M | $538M | 814.3% | 13.0% |
| Item | Amount |
|---|---|
| REVENUE | $7.0B |
| Cost of Revenue | $4.1B |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $1.3B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $885M |
| Other Expenses | $0 |
| Operating Expenses | $2.2B |
| Cost & Expenses | $6.2B |
| OPERATING INCOME | $786M |
| Interest Income | $0 |
| Interest Expense | $85M |
| Other Income/Expenses | -$49M |
| INCOME BEFORE TAX | $736M |
| Income Tax Expense | $214M |
| Net Income from Continuing Ops | $523M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $506M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $506M |
| D&A | $205M |
| EBIT | $824M |
| EBITDA | $1.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7.0B |
| Cost of Revenue | $4.1B |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $1.3B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $885M |
| Other Expenses | $0 |
| Operating Expenses | $2.2B |
| Cost & Expenses | $6.2B |
| OPERATING INCOME | $786M |
| Interest Income | $0 |
| Interest Expense | $85M |
| Other Income/Expenses | -$49M |
| INCOME BEFORE TAX | $736M |
| Income Tax Expense | $214M |
| Net Income from Continuing Ops | $523M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $506M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $506M |
| D&A | $205M |
| EBIT | $824M |
| EBITDA | $1.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $506M |
| Depreciation & Amortization | $205M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $153M |
| Change in Working Capital | -$135M |
| OPERATING CASH FLOW | $729M |
| Capital Expenditure | -$120M |
| Acquisitions (Net) | $21M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $2.6B |
| Other Investing Activities | $42M |
| NET CASH FROM INVESTING | $2.5B |
| Net Debt Issuance | -$1.2B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$483M |
| Other Financing Activities | -$39M |
| NET CASH FROM FINANCING | -$1.7B |
| FREE CASH FLOW | $609M |
| Net Change in Cash | $984M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.1B |
| Short-Term Investments | $402M |
| Net Receivables | $8.4B |
| Inventory | $5.2B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $24.1B |
| PP&E (Net) | $2.4B |
| Goodwill | $4.6B |
| Intangible Assets | $786M |
| Long-Term Investments | $1.6B |
| Tax Assets | $2.5B |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $11.8B |
| TOTAL ASSETS | $35.9B |
| Account Payables | $4.3B |
| Short-Term Debt | $655M |
| Deferred Revenue | $4.5B |
| Other Current Liabilities | $5.0B |
| TOTAL CURRENT LIABILITIES | $15.1B |
| Long-Term Debt | $2.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $135M |
| Other Non-Current Liabilities | $3.3B |
| TOTAL NON-CURRENT LIABILITIES | $7.0B |
| TOTAL LIABILITIES | $22.1B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $14.0B |
| TOTAL STOCKHOLDERS' EQUITY | $14.0B |
| Minority Interest | -$197M |
| TOTAL EQUITY | $13.8B |
| TOTAL LIABILITIES & EQUITY | $35.9B |
| Total Debt | $4.3B |
| Net Debt | -$5.8B |
