| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.9B | $3.9B | $3.4B | 0.6% | 15.8% |
| Op. Income | $1.1B | $1.3B | $1.1B | -13.8% | -0.7% |
| Gross Margin | 62.4% | 69.1% | 77.2% | -6.7pp | -14.8pp |
| Net Margin | 20.7% | 25.1% | 23.8% | -4.4pp | -3.1pp |
| EPS (Diluted) | $2.21 | $2.46 | $2.01 | -10.2% | 9.7% |
| Free Cash Flow | -$401M | -$2.1B | -$492M | 81.1% | 18.5% |
| Item | Amount |
|---|---|
| REVENUE | $3.9B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $2.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1.1B |
| SG&A Expenses | $1.1B |
| Other Expenses | $207M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $1.1B |
| Interest Income | $3.2B |
| Interest Expense | $1.3B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $298M |
| Net Income from Continuing Ops | $820M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $817M |
| Net Income Deductions | -$400.7K |
| BOTTOM LINE NET INCOME | $798M |
| D&A | $133M |
| EBIT | $1.1B |
| EBITDA | $1.3B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $3.9B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $2.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $1.1B |
| SG&A Expenses | $1.1B |
| Other Expenses | $207M |
| Operating Expenses | $1.3B |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $1.1B |
| Interest Income | $3.2B |
| Interest Expense | $1.3B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.1B |
| Income Tax Expense | $298M |
| Net Income from Continuing Ops | $820M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $817M |
| Net Income Deductions | -$400.7K |
| BOTTOM LINE NET INCOME | $798M |
| D&A | $133M |
| EBIT | $1.1B |
| EBITDA | $1.3B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $820M |
| Depreciation & Amortization | $133M |
| Stock-Based Compensation | -$12M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$852M |
| Change in Working Capital | -$432M |
| OPERATING CASH FLOW | -$343M |
| Capital Expenditure | -$58M |
| Acquisitions (Net) | $83M |
| Purchases of Investments | -$7.3B |
| Sales/Maturities of Investments | $4.3B |
| Other Investing Activities | $349M |
| NET CASH FROM INVESTING | -$2.6B |
| Net Debt Issuance | $4.7B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$727M |
| Other Financing Activities | $563M |
| NET CASH FROM FINANCING | $4.5B |
| FREE CASH FLOW | -$401M |
| Net Change in Cash | $1.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21.3B |
| Short-Term Investments | $38.2B |
| Net Receivables | $139M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $59.7B |
| PP&E (Net) | $3.4B |
| Goodwill | $0 |
| Intangible Assets | $2.2B |
| Long-Term Investments | $377.6B |
| Tax Assets | $188M |
| Other Non-Current Assets | $25.8B |
| TOTAL NON-CURRENT ASSETS | $409.2B |
| TOTAL ASSETS | $468.8B |
| Account Payables | $0 |
| Short-Term Debt | $7.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $255.0B |
| TOTAL CURRENT LIABILITIES | $262.0B |
| Long-Term Debt | $80.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $150M |
| Other Non-Current Liabilities | $93.9B |
| TOTAL NON-CURRENT LIABILITIES | $174.1B |
| TOTAL LIABILITIES | $436.2B |
| Common Stock | $1.4B |
| Additional Paid-In Capital | $11.4B |
| Retained Earnings | $18.3B |
| Treasury Stock | -$666M |
| Accum. Other Comp. Income | -$1.4B |
| Other Equity | $2.7B |
| TOTAL STOCKHOLDERS' EQUITY | $31.8B |
| Minority Interest | $871M |
| TOTAL EQUITY | $32.7B |
| TOTAL LIABILITIES & EQUITY | $468.8B |
| Total Debt | $87.1B |
| Net Debt | $65.8B |
