| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.3B | $8.0B | $5.7B | 3.8% | 47.1% |
| Op. Income | $388M | $562M | $409M | -30.9% | -5.1% |
| Gross Margin | 11.6% | 13.9% | 15.9% | -2.4pp | -4.3pp |
| Net Margin | 3.4% | 5.5% | 5.2% | -2.0pp | -1.8pp |
| EPS (Diluted) | $1.72 | $2.63 | $1.79 | -34.6% | -3.9% |
| Free Cash Flow | -$1.4B | -$171M | -$389M | -690.6% | -247.7% |
| Item | Amount |
|---|---|
| REVENUE | $8.3B |
| Cost of Revenue | $7.3B |
| GROSS PROFIT | $963M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $574M |
| Other Expenses | $0 |
| Operating Expenses | $574M |
| Cost & Expenses | $7.9B |
| OPERATING INCOME | $388M |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $368M |
| Income Tax Expense | $83M |
| Net Income from Continuing Ops | $285M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $285M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $285M |
| D&A | $67M |
| EBIT | $390M |
| EBITDA | $457M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $8.3B |
| Cost of Revenue | $7.3B |
| GROSS PROFIT | $963M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $574M |
| Other Expenses | $0 |
| Operating Expenses | $574M |
| Cost & Expenses | $7.9B |
| OPERATING INCOME | $388M |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $368M |
| Income Tax Expense | $83M |
| Net Income from Continuing Ops | $285M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $285M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $285M |
| D&A | $67M |
| EBIT | $390M |
| EBITDA | $457M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $285M |
| Depreciation & Amortization | $67M |
| Stock-Based Compensation | $32M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | $65M |
| Change in Working Capital | -$1.7B |
| OPERATING CASH FLOW | -$1.3B |
| Capital Expenditure | -$79M |
| Acquisitions (Net) | -$242M |
| Purchases of Investments | -$8M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | $260.0K |
| NET CASH FROM INVESTING | -$317M |
| Net Debt Issuance | $1.5B |
| Common Stock Repurchased | -$222M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | $1.3B |
| FREE CASH FLOW | -$1.4B |
| Net Change in Cash | -$296M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $58M |
| Short-Term Investments | $0 |
| Net Receivables | $517M |
| Inventory | $4.1B |
| Other Current Assets | $690M |
| TOTAL CURRENT ASSETS | $5.4B |
| PP&E (Net) | $3.7B |
| Goodwill | $150M |
| Intangible Assets | $0 |
| Long-Term Investments | $14.7B |
| Tax Assets | $117M |
| Other Non-Current Assets | $476M |
| TOTAL NON-CURRENT ASSETS | $19.1B |
| TOTAL ASSETS | $24.5B |
| Account Payables | $904M |
| Short-Term Debt | $523M |
| Deferred Revenue | $422.0K |
| Other Current Liabilities | $107M |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $16.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $411M |
| TOTAL NON-CURRENT LIABILITIES | $17.6B |
| TOTAL LIABILITIES | $19.5B |
| Common Stock | $81M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $3.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$112M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.9B |
| TOTAL LIABILITIES & EQUITY | $24.5B |
| Total Debt | $17.7B |
| Net Debt | $17.7B |
