| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.4B | $2.1B | $1.7B | 12.9% | 42.5% |
| Op. Income | $966M | $819M | $570M | 18.0% | 69.4% |
| Gross Margin | 61.4% | 61.0% | 59.4% | 0.4pp | 2.0pp |
| Net Margin | 30.5% | 51.3% | 27.7% | -20.8pp | 2.8pp |
| EPS (Diluted) | $4.71 | $6.96 | $2.94 | -32.3% | 60.2% |
| Free Cash Flow | $746M | $795M | $502M | -6.2% | 48.6% |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $908M |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $265M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $213M |
| Other Expenses | -$1M |
| Operating Expenses | $479M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $966M |
| Interest Income | $0 |
| Interest Expense | $38M |
| Other Income/Expenses | -$39M |
| INCOME BEFORE TAX | $927M |
| Income Tax Expense | $209M |
| Net Income from Continuing Ops | $718M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $717M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $717M |
| D&A | $86M |
| EBIT | $966M |
| EBITDA | $1.1B |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $908M |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $265M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $213M |
| Other Expenses | -$1M |
| Operating Expenses | $479M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $966M |
| Interest Income | $0 |
| Interest Expense | $38M |
| Other Income/Expenses | -$39M |
| INCOME BEFORE TAX | $927M |
| Income Tax Expense | $209M |
| Net Income from Continuing Ops | $718M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $717M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $717M |
| D&A | $86M |
| EBIT | $966M |
| EBITDA | $1.1B |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $718M |
| Depreciation & Amortization | $86M |
| Stock-Based Compensation | $28M |
| Deferred Income Tax | $57M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$83M |
| OPERATING CASH FLOW | $811M |
| Capital Expenditure | -$65M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$297M |
| Sales/Maturities of Investments | $256M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$106M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$430M |
| Common Dividends Paid | -$159M |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$558M |
| FREE CASH FLOW | $746M |
| Net Change in Cash | $147M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $1.2B |
| Net Receivables | $1.9B |
| Inventory | $1.8B |
| Other Current Assets | $121M |
| TOTAL CURRENT ASSETS | $6.7B |
| PP&E (Net) | $815M |
| Goodwill | $2.0B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $0 |
| Tax Assets | $663M |
| Other Non-Current Assets | $353M |
| TOTAL NON-CURRENT ASSETS | $5.0B |
| TOTAL ASSETS | $11.7B |
| Account Payables | $380M |
| Short-Term Debt | $20M |
| Deferred Revenue | $1.2B |
| Other Current Liabilities | $775M |
| TOTAL CURRENT LIABILITIES | $2.8B |
| Long-Term Debt | $3.4B |
| Deferred Revenue NC | $103M |
| Deferred Tax Liabilities | $680M |
| Other Non-Current Liabilities | $588M |
| TOTAL NON-CURRENT LIABILITIES | $4.9B |
| TOTAL LIABILITIES | $7.6B |
| Common Stock | $2.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$76M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.0B |
| Minority Interest | -$2M |
| TOTAL EQUITY | $4.0B |
| TOTAL LIABILITIES & EQUITY | $11.7B |
| Total Debt | $3.5B |
| Net Debt | $1.9B |
