| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $18.4B | $20.5B | $19.7B | -10.6% | -6.7% |
| Op. Income | $4.3B | $5.0B | $5.9B | -13.5% | -26.5% |
| Gross Margin | 50.4% | 53.6% | 55.2% | -3.3pp | -4.8pp |
| Net Margin | 44.2% | 22.5% | 17.1% | 21.7pp | 27.1pp |
| EPS (Diluted) | $1.98 | $1.13 | $0.82 | 75.2% | 141.5% |
| Free Cash Flow | $1.1B | -$1.8B | $1.2B | 159.6% | -5.7% |
| Item | Amount |
|---|---|
| REVENUE | $18.4B |
| Cost of Revenue | $9.1B |
| GROSS PROFIT | $9.2B |
| R&D Expenses | $4.4B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.8B |
| Other Expenses | -$1.2B |
| Operating Expenses | $4.9B |
| Cost & Expenses | $14.0B |
| OPERATING INCOME | $4.3B |
| Interest Income | $47M |
| Interest Expense | $124M |
| Other Income/Expenses | $5.3B |
| INCOME BEFORE TAX | $9.7B |
| Income Tax Expense | $1.5B |
| Net Income from Continuing Ops | $8.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8.1B |
| D&A | $3.3B |
| EBIT | $9.8B |
| EBITDA | $13.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $18.4B |
| Cost of Revenue | $9.1B |
| GROSS PROFIT | $9.2B |
| R&D Expenses | $4.4B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.8B |
| Other Expenses | -$1.2B |
| Operating Expenses | $4.9B |
| Cost & Expenses | $14.0B |
| OPERATING INCOME | $4.3B |
| Interest Income | $47M |
| Interest Expense | $124M |
| Other Income/Expenses | $5.3B |
| INCOME BEFORE TAX | $9.7B |
| Income Tax Expense | $1.5B |
| Net Income from Continuing Ops | $8.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8.1B |
| D&A | $3.3B |
| EBIT | $9.8B |
| EBITDA | $13.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $8.1B |
| Depreciation & Amortization | $3.3B |
| Stock-Based Compensation | $707M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$5.4B |
| Change in Working Capital | -$848M |
| OPERATING CASH FLOW | $5.9B |
| Capital Expenditure | -$4.8B |
| Acquisitions (Net) | $6.5B |
| Purchases of Investments | -$19.1B |
| Sales/Maturities of Investments | $15.2B |
| Other Investing Activities | -$468M |
| NET CASH FROM INVESTING | -$2.6B |
| Net Debt Issuance | -$299M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$1.5B |
| Other Financing Activities | -$666M |
| NET CASH FROM FINANCING | -$1.9B |
| FREE CASH FLOW | $1.1B |
| Net Change in Cash | $1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.2B |
| Short-Term Investments | $32.5B |
| Net Receivables | $7.1B |
| Inventory | $11.9B |
| Other Current Assets | $4.9B |
| TOTAL CURRENT ASSETS | $62.6B |
| PP&E (Net) | $66.7B |
| Goodwill | $27.0B |
| Intangible Assets | $6.8B |
| Long-Term Investments | $6.0B |
| Tax Assets | $1.5B |
| Other Non-Current Assets | $5.7B |
| TOTAL NON-CURRENT ASSETS | $113.8B |
| TOTAL ASSETS | $176.4B |
| Account Payables | $7.2B |
| Short-Term Debt | $4.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14.9B |
| TOTAL CURRENT LIABILITIES | $29.3B |
| Long-Term Debt | $32.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.5B |
| Other Non-Current Liabilities | $9.6B |
| TOTAL NON-CURRENT LIABILITIES | $43.9B |
| TOTAL LIABILITIES | $73.2B |
| Common Stock | $29.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $74.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $103.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $103.1B |
| TOTAL LIABILITIES & EQUITY | $176.4B |
| Total Debt | $37.2B |
| Net Debt | $31.0B |
