| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.9B | $3.6B | $3.6B | 8.0% | 8.1% |
| Op. Income | $1.3B | $571M | $1.2B | 127.1% | 7.5% |
| Gross Margin | 69.1% | 68.6% | 78.5% | 0.4pp | -9.5pp |
| Net Margin | 25.1% | 11.8% | 23.6% | 13.3pp | 1.5pp |
| EPS (Diluted) | $2.46 | $1.02 | $2.13 | 142.4% | 15.3% |
| Free Cash Flow | -$2.1B | -$2.7B | -$2.5B | 22.5% | 16.8% |
| Item | Amount |
|---|---|
| REVENUE | $3.9B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $2.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $21M |
| General & Administrative | $906M |
| SG&A Expenses | $927M |
| Other Expenses | $489M |
| Operating Expenses | $1.4B |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $1.3B |
| Interest Income | $2.9B |
| Interest Expense | $1.1B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $303M |
| Net Income from Continuing Ops | $993M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $986M |
| Net Income Deductions | -$396.3K |
| BOTTOM LINE NET INCOME | $971M |
| D&A | $128M |
| EBIT | $1.3B |
| EBITDA | $1.4B |
| EPS | $3 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $3.9B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $2.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $21M |
| General & Administrative | $906M |
| SG&A Expenses | $927M |
| Other Expenses | $489M |
| Operating Expenses | $1.4B |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $1.3B |
| Interest Income | $2.9B |
| Interest Expense | $1.1B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.3B |
| Income Tax Expense | $303M |
| Net Income from Continuing Ops | $993M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $986M |
| Net Income Deductions | -$396.3K |
| BOTTOM LINE NET INCOME | $971M |
| D&A | $128M |
| EBIT | $1.3B |
| EBITDA | $1.4B |
| EPS | $3 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $993M |
| Depreciation & Amortization | $128M |
| Stock-Based Compensation | $30M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1.1B |
| Change in Working Capital | -$2.2B |
| OPERATING CASH FLOW | -$2.1B |
| Capital Expenditure | -$55M |
| Acquisitions (Net) | $195M |
| Purchases of Investments | -$7.7B |
| Sales/Maturities of Investments | $4.4B |
| Other Investing Activities | $124M |
| NET CASH FROM INVESTING | -$3.0B |
| Net Debt Issuance | $3.2B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$15M |
| Other Financing Activities | $448M |
| NET CASH FROM FINANCING | $3.6B |
| FREE CASH FLOW | -$2.1B |
| Net Change in Cash | -$1.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19.6B |
| Short-Term Investments | $39.8B |
| Net Receivables | $124M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $59.5B |
| PP&E (Net) | $3.5B |
| Goodwill | $0 |
| Intangible Assets | $2.2B |
| Long-Term Investments | $369.0B |
| Tax Assets | $112M |
| Other Non-Current Assets | $24.7B |
| TOTAL NON-CURRENT ASSETS | $399.5B |
| TOTAL ASSETS | $459.0B |
| Account Payables | $0 |
| Short-Term Debt | $8.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $255.0B |
| TOTAL CURRENT LIABILITIES | $263.4B |
| Long-Term Debt | $73.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $634M |
| Other Non-Current Liabilities | $88.7B |
| TOTAL NON-CURRENT LIABILITIES | $163.2B |
| TOTAL LIABILITIES | $426.5B |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $11.4B |
| Retained Earnings | $17.6B |
| Treasury Stock | -$666M |
| Accum. Other Comp. Income | -$218M |
| Other Equity | $2.3B |
| TOTAL STOCKHOLDERS' EQUITY | $31.9B |
| Minority Interest | $594M |
| TOTAL EQUITY | $32.5B |
| TOTAL LIABILITIES & EQUITY | $459.0B |
| Total Debt | $82.2B |
| Net Debt | $62.7B |
