| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.6B | $4.7B | $4.9B | 18.7% | 15.0% |
| Op. Income | $1.0B | $1.8B | $772M | -43.8% | 33.7% |
| Gross Margin | 29.1% | 11.8% | 17.7% | 17.3pp | 11.4pp |
| Net Margin | 15.1% | 31.5% | 13.2% | -16.5pp | 1.8pp |
| EPS (Diluted) | $1.39 | $0.60 | $3.34 | 131.7% | -58.4% |
| Free Cash Flow | $1.9B | $476M | $411M | 296.8% | 359.6% |
| Item | Amount |
|---|---|
| REVENUE | $5.6B |
| Cost of Revenue | $4.0B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $591M |
| Operating Expenses | $591M |
| Cost & Expenses | $4.5B |
| OPERATING INCOME | $1.0B |
| Interest Income | $0 |
| Interest Expense | $68M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.0B |
| Income Tax Expense | $192M |
| Net Income from Continuing Ops | $840M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $840M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $833M |
| D&A | $0 |
| EBIT | $1.1B |
| EBITDA | $1.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.6B |
| Cost of Revenue | $4.0B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $591M |
| Operating Expenses | $591M |
| Cost & Expenses | $4.5B |
| OPERATING INCOME | $1.0B |
| Interest Income | $0 |
| Interest Expense | $68M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.0B |
| Income Tax Expense | $192M |
| Net Income from Continuing Ops | $840M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $840M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $833M |
| D&A | $0 |
| EBIT | $1.1B |
| EBITDA | $1.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $839M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$180M |
| Change in Working Capital | $1.2B |
| OPERATING CASH FLOW | $1.9B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4.4B |
| Sales/Maturities of Investments | $1.9B |
| Other Investing Activities | -$2.1B |
| NET CASH FROM INVESTING | -$4.6B |
| Net Debt Issuance | $10M |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | -$78M |
| Other Financing Activities | $2.5B |
| NET CASH FROM FINANCING | $2.3B |
| FREE CASH FLOW | $1.9B |
| Net Change in Cash | -$393M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $103.4B |
| Net Receivables | $20.6B |
| Inventory | $0 |
| Other Current Assets | -$125.5B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $1.8B |
| Intangible Assets | $0 |
| Long-Term Investments | $107.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$109.3B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $335.8B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$7.5B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $6.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$6.5B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $326.6B |
| Common Stock | $4.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $9.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $9.2B |
| TOTAL LIABILITIES & EQUITY | $335.8B |
| Total Debt | $6.5B |
| Net Debt | $4.9B |
