| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.9B | $1.8B | -12.3% | -4.1% |
| Op. Income | $537M | $768M | $765M | -30.1% | -29.8% |
| Gross Margin | 91.3% | 96.2% | 100.6% | -4.9pp | -9.4pp |
| Net Margin | 26.3% | 32.4% | 35.0% | -6.1pp | -8.7pp |
| EPS (Diluted) | $0.45 | $0.65 | $0.61 | -30.8% | -26.2% |
| Free Cash Flow | $863M | -$45M | -$217M | 2017.8% | 497.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $149M |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $28M |
| General & Administrative | $658M |
| SG&A Expenses | $686M |
| Other Expenses | $331M |
| Operating Expenses | $1.0B |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $537M |
| Interest Income | $1.1B |
| Interest Expense | $66M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $537M |
| Income Tax Expense | $90M |
| Net Income from Continuing Ops | $447M |
| Net Income from Discontinued Ops | $1M |
| Other Adjustments | $0 |
| NET INCOME | $448M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $421M |
| D&A | $40M |
| EBIT | $537M |
| EBITDA | $577M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $149M |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $28M |
| General & Administrative | $658M |
| SG&A Expenses | $686M |
| Other Expenses | $331M |
| Operating Expenses | $1.0B |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $537M |
| Interest Income | $1.1B |
| Interest Expense | $66M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $537M |
| Income Tax Expense | $90M |
| Net Income from Continuing Ops | $447M |
| Net Income from Discontinued Ops | $1M |
| Other Adjustments | $0 |
| NET INCOME | $448M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $421M |
| D&A | $40M |
| EBIT | $537M |
| EBITDA | $577M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $448M |
| Depreciation & Amortization | $40M |
| Stock-Based Compensation | $29M |
| Deferred Income Tax | $124M |
| Other Non-Cash Items | $387M |
| Change in Working Capital | -$147M |
| OPERATING CASH FLOW | $881M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.6B |
| Sales/Maturities of Investments | $9.3B |
| Other Investing Activities | -$4.7B |
| NET CASH FROM INVESTING | $2.0B |
| Net Debt Issuance | $1.1B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$208M |
| Other Financing Activities | -$4.0B |
| NET CASH FROM FINANCING | -$3.1B |
| FREE CASH FLOW | $863M |
| Net Change in Cash | -$229M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $684M |
| Short-Term Investments | $4.2B |
| Net Receivables | $3.9B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8.8B |
| PP&E (Net) | $647M |
| Goodwill | $2.7B |
| Intangible Assets | $118M |
| Long-Term Investments | $157.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | $12.0B |
| TOTAL NON-CURRENT ASSETS | $172.5B |
| TOTAL ASSETS | $181.2B |
| Account Payables | $0 |
| Short-Term Debt | $599M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $148.7B |
| TOTAL CURRENT LIABILITIES | $152.9B |
| Long-Term Debt | $13.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $13.0B |
| TOTAL LIABILITIES | $165.9B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $6.2B |
| Retained Earnings | $14.8B |
| Treasury Stock | -$5.9B |
| Accum. Other Comp. Income | -$2.9B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $15.3B |
| TOTAL LIABILITIES & EQUITY | $181.2B |
| Total Debt | $13.6B |
| Net Debt | $13.0B |
