| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.7B | $1.3B | -0.2% | 34.0% |
| Op. Income | $567M | $490M | $634M | 15.7% | -10.6% |
| Gross Margin | 95.6% | 100.8% | 112.9% | -5.2pp | -17.3pp |
| Net Margin | 27.2% | 23.6% | 42.1% | 3.5pp | -14.9pp |
| EPS (Diluted) | $0.29 | $0.26 | $0.48 | 11.5% | -39.6% |
| Free Cash Flow | $776M | $407M | -$133M | 90.7% | 683.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $74M |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $21M |
| General & Administrative | $598M |
| SG&A Expenses | $619M |
| Other Expenses | $434M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $567M |
| Interest Income | $1.2B |
| Interest Expense | $49M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $567M |
| Income Tax Expense | $105M |
| Net Income from Continuing Ops | $462M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $460M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $432M |
| D&A | $112M |
| EBIT | $567M |
| EBITDA | $679M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $74M |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $21M |
| General & Administrative | $598M |
| SG&A Expenses | $619M |
| Other Expenses | $434M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $567M |
| Interest Income | $1.2B |
| Interest Expense | $49M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $567M |
| Income Tax Expense | $105M |
| Net Income from Continuing Ops | $462M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $460M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $432M |
| D&A | $112M |
| EBIT | $567M |
| EBITDA | $679M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $462M |
| Depreciation & Amortization | $112M |
| Stock-Based Compensation | $40M |
| Deferred Income Tax | $52M |
| Other Non-Cash Items | $23M |
| Change in Working Capital | $160M |
| OPERATING CASH FLOW | $849M |
| Capital Expenditure | -$73M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6.1B |
| Sales/Maturities of Investments | $2.7B |
| Other Investing Activities | -$1.8B |
| NET CASH FROM INVESTING | -$5.4B |
| Net Debt Issuance | $63M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$225M |
| Other Financing Activities | $3.7B |
| NET CASH FROM FINANCING | $3.5B |
| FREE CASH FLOW | $776M |
| Net Change in Cash | -$998M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.6B |
| Short-Term Investments | $379M |
| Net Receivables | $7.1B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $12.1B |
| PP&E (Net) | $1.2B |
| Goodwill | $5.3B |
| Intangible Assets | $665M |
| Long-Term Investments | $150.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $7.0B |
| TOTAL NON-CURRENT ASSETS | $164.7B |
| TOTAL ASSETS | $176.9B |
| Account Payables | $0 |
| Short-Term Debt | $652M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $147.0B |
| TOTAL CURRENT LIABILITIES | $147.6B |
| Long-Term Debt | $6.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4.3B |
| TOTAL NON-CURRENT LIABILITIES | $10.8B |
| TOTAL LIABILITIES | $158.4B |
| Common Stock | $14M |
| Additional Paid-In Capital | $15.3B |
| Retained Earnings | $2.4B |
| Treasury Stock | -$78M |
| Accum. Other Comp. Income | -$1.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $18.5B |
| Minority Interest | $29M |
| TOTAL EQUITY | $18.5B |
| TOTAL LIABILITIES & EQUITY | $176.9B |
| Total Debt | $7.2B |
| Net Debt | $2.5B |
