| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $537M | $373M | $276M | 44.1% | 94.9% |
| Op. Income | $157M | $108M | $67M | 46.1% | 135.2% |
| Gross Margin | 38.0% | 37.7% | 35.7% | 0.3pp | 2.2pp |
| Net Margin | 21.0% | 23.1% | 17.7% | -2.1pp | 3.3pp |
| EPS (Diluted) | $1.65 | $1.25 | $0.70 | 32.0% | 135.7% |
| Free Cash Flow | $209M | -$91M | $111M | 328.5% | 88.6% |
| Item | Amount |
|---|---|
| REVENUE | $537M |
| Cost of Revenue | $333M |
| GROSS PROFIT | $204M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $25M |
| SG&A Expenses | $25M |
| Other Expenses | $22M |
| Operating Expenses | $47M |
| Cost & Expenses | $380M |
| OPERATING INCOME | $157M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$853.0K |
| INCOME BEFORE TAX | $156M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $113M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $113M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $113M |
| D&A | $4M |
| EBIT | $157M |
| EBITDA | $162M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $537M |
| Cost of Revenue | $333M |
| GROSS PROFIT | $204M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $25M |
| SG&A Expenses | $25M |
| Other Expenses | $22M |
| Operating Expenses | $47M |
| Cost & Expenses | $380M |
| OPERATING INCOME | $157M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$853.0K |
| INCOME BEFORE TAX | $156M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $113M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $113M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $113M |
| D&A | $4M |
| EBIT | $157M |
| EBITDA | $162M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $113M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | $67M |
| OPERATING CASH FLOW | $210M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | -$304.0K |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $6M |
| Net Debt Issuance | -$33.0K |
| Common Stock Repurchased | -$45M |
| Common Dividends Paid | -$28M |
| Other Financing Activities | $1.0K |
| NET CASH FROM FINANCING | -$74M |
| FREE CASH FLOW | $209M |
| Net Change in Cash | $141M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $923M |
| Short-Term Investments | $0 |
| Net Receivables | $243M |
| Inventory | $0 |
| Other Current Assets | $373.0K |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $187M |
| Goodwill | $679M |
| Intangible Assets | $205M |
| Long-Term Investments | $40M |
| Tax Assets | $36M |
| Other Non-Current Assets | $43M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $60M |
| Short-Term Debt | $0 |
| Deferred Revenue | $27M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $689M |
| Long-Term Debt | $711.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $45.0K |
| Other Non-Current Liabilities | $65M |
| TOTAL NON-CURRENT LIABILITIES | $230M |
| TOTAL LIABILITIES | $919M |
| Common Stock | $68.0K |
| Additional Paid-In Capital | $721M |
| Retained Earnings | $742M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$25M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $165M |
| Net Debt | -$758M |
