| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $23.4B | $24.8B | $22.3B | -5.6% | 5.0% |
| Op. Income | $6.1B | $4.5B | $6.8B | 36.7% | -10.7% |
| Gross Margin | 67.6% | 67.9% | 68.4% | -0.4pp | -0.8pp |
| Net Margin | 22.0% | 19.1% | 27.8% | 2.9pp | -5.8pp |
| EPS (Diluted) | $1.93 | $1.77 | $2.32 | 9.0% | -16.8% |
| Free Cash Flow | $3.4B | $4.3B | $3.4B | -21.9% | -0.7% |
| Item | Amount |
|---|---|
| REVENUE | $23.4B |
| Cost of Revenue | $7.6B |
| GROSS PROFIT | $15.8B |
| R&D Expenses | $4.1B |
| Selling & Marketing | $0 |
| General & Administrative | $5.6B |
| SG&A Expenses | $5.6B |
| Other Expenses | $0 |
| Operating Expenses | $9.7B |
| Cost & Expenses | $17.3B |
| OPERATING INCOME | $6.1B |
| Interest Income | $22M |
| Interest Expense | $10M |
| Other Income/Expenses | -$256M |
| INCOME BEFORE TAX | $5.9B |
| Income Tax Expense | $713M |
| Net Income from Continuing Ops | $5.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5.1B |
| D&A | $1.8B |
| EBIT | $5.9B |
| EBITDA | $7.6B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $23.4B |
| Cost of Revenue | $7.6B |
| GROSS PROFIT | $15.8B |
| R&D Expenses | $4.1B |
| Selling & Marketing | $0 |
| General & Administrative | $5.6B |
| SG&A Expenses | $5.6B |
| Other Expenses | $0 |
| Operating Expenses | $9.7B |
| Cost & Expenses | $17.3B |
| OPERATING INCOME | $6.1B |
| Interest Income | $22M |
| Interest Expense | $10M |
| Other Income/Expenses | -$256M |
| INCOME BEFORE TAX | $5.9B |
| Income Tax Expense | $713M |
| Net Income from Continuing Ops | $5.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5.1B |
| D&A | $1.8B |
| EBIT | $5.9B |
| EBITDA | $7.6B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $5.1B |
| Depreciation & Amortization | $1.8B |
| Stock-Based Compensation | $278M |
| Deferred Income Tax | -$926M |
| Other Non-Cash Items | $448M |
| Change in Working Capital | -$2.7B |
| OPERATING CASH FLOW | $4.0B |
| Capital Expenditure | -$607M |
| Acquisitions (Net) | -$252M |
| Purchases of Investments | -$9.0B |
| Sales/Maturities of Investments | $6.3B |
| Other Investing Activities | -$60M |
| NET CASH FROM INVESTING | -$3.6B |
| Net Debt Issuance | $31M |
| Common Stock Repurchased | -$1.6B |
| Common Dividends Paid | -$2.8B |
| Other Financing Activities | -$52M |
| NET CASH FROM FINANCING | -$4.4B |
| FREE CASH FLOW | $3.4B |
| Net Change in Cash | -$4.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.5B |
| Short-Term Investments | $19.9B |
| Net Receivables | $15.6B |
| Inventory | $11.0B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $60.4B |
| PP&E (Net) | $18.7B |
| Goodwill | $34.9B |
| Intangible Assets | $44.4B |
| Long-Term Investments | $0 |
| Tax Assets | $9.9B |
| Other Non-Current Assets | $9.9B |
| TOTAL NON-CURRENT ASSETS | $117.9B |
| TOTAL ASSETS | $178.4B |
| Account Payables | $9.3B |
| Short-Term Debt | $4.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.1B |
| TOTAL CURRENT LIABILITIES | $43.4B |
| Long-Term Debt | $28.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6.4B |
| Other Non-Current Liabilities | $25.0B |
| TOTAL NON-CURRENT LIABILITIES | $60.3B |
| TOTAL LIABILITIES | $103.6B |
| Common Stock | $3.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $124.4B |
| Treasury Stock | -$39.0B |
| Accum. Other Comp. Income | -$13.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $74.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $74.7B |
| TOTAL LIABILITIES & EQUITY | $178.4B |
| Total Debt | $33.1B |
| Net Debt | $22.7B |
