| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $911M | $733M | $706M | 24.3% | 29.1% |
| Op. Income | $260M | $128M | $155M | 103.9% | 67.6% |
| Gross Margin | 93.2% | 92.7% | 93.3% | 0.5pp | -0.1pp |
| Net Margin | 17.7% | 5.2% | 21.2% | 12.5pp | -3.5pp |
| EPS (Diluted) | $0.72 | $0.17 | $0.67 | 323.5% | 7.5% |
| Free Cash Flow | $162M | $199M | $107M | -18.3% | 52.3% |
| Item | Amount |
|---|---|
| REVENUE | $911M |
| Cost of Revenue | $62M |
| GROSS PROFIT | $850M |
| R&D Expenses | $347M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $242M |
| Other Expenses | $0 |
| Operating Expenses | $589M |
| Cost & Expenses | $651M |
| OPERATING INCOME | $260M |
| Interest Income | $0 |
| Interest Expense | $678.0K |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $229M |
| Income Tax Expense | $68M |
| Net Income from Continuing Ops | $161M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $161M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $161M |
| D&A | $17M |
| EBIT | $230M |
| EBITDA | $247M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $911M |
| Cost of Revenue | $62M |
| GROSS PROFIT | $850M |
| R&D Expenses | $347M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $242M |
| Other Expenses | $0 |
| Operating Expenses | $589M |
| Cost & Expenses | $651M |
| OPERATING INCOME | $260M |
| Interest Income | $0 |
| Interest Expense | $678.0K |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $229M |
| Income Tax Expense | $68M |
| Net Income from Continuing Ops | $161M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $161M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $161M |
| D&A | $17M |
| EBIT | $230M |
| EBITDA | $247M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $161M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $46M |
| Deferred Income Tax | $30M |
| Other Non-Cash Items | $35M |
| Change in Working Capital | -$115M |
| OPERATING CASH FLOW | $174M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $737.0K |
| Purchases of Investments | -$44M |
| Sales/Maturities of Investments | $43M |
| Other Investing Activities | -$737.0K |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$700.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $16M |
| FREE CASH FLOW | $162M |
| Net Change in Cash | $179M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.4B |
| Short-Term Investments | $287M |
| Net Receivables | $683M |
| Inventory | $55M |
| Other Current Assets | $166M |
| TOTAL CURRENT ASSETS | $3.6B |
| PP&E (Net) | $749M |
| Goodwill | $156M |
| Intangible Assets | $140M |
| Long-Term Investments | $150M |
| Tax Assets | $435M |
| Other Non-Current Assets | $64M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $5.3B |
| Account Payables | $195M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $329M |
| TOTAL CURRENT LIABILITIES | $927M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $276M |
| TOTAL NON-CURRENT LIABILITIES | $307M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $222.0K |
| Additional Paid-In Capital | $4.7B |
| Retained Earnings | -$578M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$26M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $5.3B |
| Total Debt | $44M |
| Net Debt | -$2.4B |
