| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.0B | $3.8B | $3.4B | 3.9% | 15.7% |
| Op. Income | $670M | $639M | $466M | 4.9% | 43.9% |
| Gross Margin | 36.9% | 40.2% | 38.3% | -3.3pp | -1.4pp |
| Net Margin | 12.9% | 10.7% | 8.0% | 2.2pp | 4.9pp |
| EPS (Diluted) | $0.42 | $0.34 | $0.22 | 25.8% | 92.0% |
| Free Cash Flow | $2.2B | $1.2B | $2.0B | 81.8% | 8.0% |
| Item | Amount |
|---|---|
| REVENUE | $4.0B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $776M |
| Other Expenses | $16M |
| Operating Expenses | $791M |
| Cost & Expenses | $3.3B |
| OPERATING INCOME | $670M |
| Interest Income | $432M |
| Interest Expense | $103M |
| Other Income/Expenses | $86M |
| INCOME BEFORE TAX | $756M |
| Income Tax Expense | $242M |
| Net Income from Continuing Ops | $514M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $510M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $510M |
| D&A | $517M |
| EBIT | $784M |
| EBITDA | $1.3B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.0B |
| Cost of Revenue | $2.5B |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $776M |
| Other Expenses | $16M |
| Operating Expenses | $791M |
| Cost & Expenses | $3.3B |
| OPERATING INCOME | $670M |
| Interest Income | $432M |
| Interest Expense | $103M |
| Other Income/Expenses | $86M |
| INCOME BEFORE TAX | $756M |
| Income Tax Expense | $242M |
| Net Income from Continuing Ops | $514M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $510M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $510M |
| D&A | $517M |
| EBIT | $784M |
| EBITDA | $1.3B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $510M |
| Depreciation & Amortization | $517M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $483M |
| Change in Working Capital | $727M |
| OPERATING CASH FLOW | $2.2B |
| Capital Expenditure | -$47M |
| Acquisitions (Net) | -$508M |
| Purchases of Investments | -$2.6B |
| Sales/Maturities of Investments | $1.1B |
| Other Investing Activities | $67M |
| NET CASH FROM INVESTING | -$2.0B |
| Net Debt Issuance | -$48M |
| Common Stock Repurchased | -$127M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$35M |
| NET CASH FROM FINANCING | -$211M |
| FREE CASH FLOW | $2.2B |
| Net Change in Cash | $162M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.5B |
| Short-Term Investments | $28M |
| Net Receivables | $30.9B |
| Inventory | $833M |
| Other Current Assets | $1.1B |
| TOTAL CURRENT ASSETS | $39.3B |
| PP&E (Net) | $5.3B |
| Goodwill | $3.5B |
| Intangible Assets | $3.1B |
| Long-Term Investments | $21.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $14.2B |
| TOTAL NON-CURRENT ASSETS | $47.4B |
| TOTAL ASSETS | $86.7B |
| Account Payables | $1.4B |
| Short-Term Debt | $3.2B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.8B |
| TOTAL CURRENT LIABILITIES | $7.4B |
| Long-Term Debt | $27.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $31.9B |
| TOTAL NON-CURRENT LIABILITIES | $59.1B |
| TOTAL LIABILITIES | $66.6B |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $17.8B |
| Treasury Stock | -$893M |
| Accum. Other Comp. Income | -$375M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $19.5B |
| Minority Interest | $569M |
| TOTAL EQUITY | $20.1B |
| TOTAL LIABILITIES & EQUITY | $86.7B |
| Total Debt | $30.5B |
| Net Debt | $24.0B |
