| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10.5B | $11.1B | — | -5.7% | — |
| Op. Income | -$4.4B | -$5.3B | — | 16.3% | — |
| Gross Margin | -37.0% | -43.4% | — | 6.3pp | — |
| Net Margin | -31.2% | -36.2% | — | 5.0pp | — |
| EPS (Diluted) | $-2.54 | $-3.12 | — | 18.4% | — |
| Free Cash Flow | -$6.4B | -$4.2B | — | -54.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $10.5B |
| Cost of Revenue | $14.4B |
| GROSS PROFIT | -$3.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $381M |
| SG&A Expenses | $385M |
| Other Expenses | $134M |
| Operating Expenses | $519M |
| Cost & Expenses | $14.9B |
| OPERATING INCOME | -$4.4B |
| Interest Income | $52M |
| Interest Expense | $432M |
| Other Income/Expenses | -$200M |
| INCOME BEFORE TAX | -$4.6B |
| Income Tax Expense | -$1.3B |
| Net Income from Continuing Ops | -$3.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3.3B |
| D&A | $2.1B |
| EBIT | -$4.2B |
| EBITDA | -$2.1B |
| EPS | -$3 |
| EPS Diluted | -$3 |
| Item | Amount |
|---|---|
| Net Income | -$3.3B |
| Depreciation & Amortization | $2.1B |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$1.3B |
| Other Non-Cash Items | $92M |
| Change in Working Capital | -$1.8B |
| OPERATING CASH FLOW | -$4.2B |
| Capital Expenditure | -$2.2B |
| Acquisitions (Net) | -$128M |
| Purchases of Investments | -$945M |
| Sales/Maturities of Investments | $1.3B |
| Other Investing Activities | -$57M |
| NET CASH FROM INVESTING | -$2.0B |
| Net Debt Issuance | $6.0B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$22M |
| Other Financing Activities | $72M |
| NET CASH FROM FINANCING | $6.0B |
| FREE CASH FLOW | -$6.4B |
| Net Change in Cash | -$219M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.1B |
| Short-Term Investments | $2.0B |
| Net Receivables | $5.3B |
| Inventory | $6.4B |
| Other Current Assets | $990M |
| TOTAL CURRENT ASSETS | $17.5B |
| PP&E (Net) | $117.1B |
| Goodwill | $67M |
| Intangible Assets | $670M |
| Long-Term Investments | $8.2B |
| Tax Assets | $3.9B |
| Other Non-Current Assets | $1.9B |
| TOTAL NON-CURRENT ASSETS | $131.9B |
| TOTAL ASSETS | $149.3B |
| Account Payables | $3.6B |
| Short-Term Debt | $0 |
| Deferred Revenue | $468M |
| Other Current Liabilities | $17.8B |
| TOTAL CURRENT LIABILITIES | $25.1B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $6.8B |
| Deferred Tax Liabilities | $4.6B |
| Other Non-Current Liabilities | $72.9B |
| TOTAL NON-CURRENT LIABILITIES | $86.9B |
| TOTAL LIABILITIES | $111.9B |
| Common Stock | $2.2B |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $23.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $300M |
| Other Equity | $9.0B |
| TOTAL STOCKHOLDERS' EQUITY | $36.3B |
| Minority Interest | $1.1B |
| TOTAL EQUITY | $37.4B |
| TOTAL LIABILITIES & EQUITY | $149.3B |
| Total Debt | $3.0B |
| Net Debt | $918M |
