| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $14.3B | $13.9B | $19.3B | 3.3% | -25.7% |
| Op. Income | $4.7B | $5.0B | $8.3B | -7.3% | -44.2% |
| Gross Margin | 86.4% | 88.7% | 92.2% | -2.3pp | -5.8pp |
| Net Margin | 27.5% | 28.4% | 35.5% | -0.9pp | -8.0pp |
| EPS (Diluted) | $10.76 | $11.17 | $18.94 | -3.7% | -43.2% |
| Free Cash Flow | -$20.5B | $23.8B | -$6.5B | -186.2% | -215.4% |
| Item | Amount |
|---|---|
| REVENUE | $14.3B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $12.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $162M |
| General & Administrative | $4.1B |
| SG&A Expenses | $4.2B |
| Other Expenses | $3.5B |
| Operating Expenses | $7.7B |
| Cost & Expenses | $9.7B |
| OPERATING INCOME | $4.7B |
| Interest Income | $3.2B |
| Interest Expense | $1.4B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4.7B |
| Income Tax Expense | $717M |
| Net Income from Continuing Ops | $3.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.8B |
| D&A | $492M |
| EBIT | $4.7B |
| EBITDA | $5.1B |
| EPS | $11 |
| EPS Diluted | $11 |
| Item | Amount |
|---|---|
| REVENUE | $14.3B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $12.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $162M |
| General & Administrative | $4.1B |
| SG&A Expenses | $4.2B |
| Other Expenses | $3.5B |
| Operating Expenses | $7.7B |
| Cost & Expenses | $9.7B |
| OPERATING INCOME | $4.7B |
| Interest Income | $3.2B |
| Interest Expense | $1.4B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $4.7B |
| Income Tax Expense | $717M |
| Net Income from Continuing Ops | $3.9B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.9B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.8B |
| D&A | $492M |
| EBIT | $4.7B |
| EBITDA | $5.1B |
| EPS | $11 |
| EPS Diluted | $11 |
| Item | Amount |
|---|---|
| Net Income | $3.9B |
| Depreciation & Amortization | $492M |
| Stock-Based Compensation | $3.1B |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$21.5B |
| Change in Working Capital | -$5.6B |
| OPERATING CASH FLOW | -$19.5B |
| Capital Expenditure | -$953M |
| Acquisitions (Net) | -$13M |
| Purchases of Investments | -$8.8B |
| Sales/Maturities of Investments | $2.4B |
| Other Investing Activities | -$9.6B |
| NET CASH FROM INVESTING | -$17.0B |
| Net Debt Issuance | $30.0B |
| Common Stock Repurchased | -$500M |
| Common Dividends Paid | -$815M |
| Other Financing Activities | $25.9B |
| NET CASH FROM FINANCING | $53.1B |
| FREE CASH FLOW | -$20.5B |
| Net Change in Cash | $13.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $274.2B |
| Short-Term Investments | $572.5B |
| Net Receivables | $184.7B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.0T |
| PP&E (Net) | $20.6B |
| Goodwill | $5.3B |
| Intangible Assets | $1.2B |
| Long-Term Investments | $343.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $187.3B |
| TOTAL NON-CURRENT ASSETS | $558.1B |
| TOTAL ASSETS | $1.6T |
| Account Payables | $293.0B |
| Short-Term Debt | $232.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $556.8B |
| TOTAL CURRENT LIABILITIES | $1.1T |
| Long-Term Debt | $267.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $114.6B |
| TOTAL NON-CURRENT LIABILITIES | $384.2B |
| TOTAL LIABILITIES | $1.5T |
| Common Stock | $9M |
| Additional Paid-In Capital | $58.9B |
| Retained Earnings | $134.9B |
| Treasury Stock | -$91.6B |
| Accum. Other Comp. Income | -$2.7B |
| Other Equity | $5.0B |
| TOTAL STOCKHOLDERS' EQUITY | $115.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $115.2B |
| TOTAL LIABILITIES & EQUITY | $1.6T |
| Total Debt | $501.8B |
| Net Debt | $227.7B |
