| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.2B | $4.3B | $3.5B | -1.8% | 22.3% |
| Op. Income | $1.3B | $1.4B | $1.0B | -2.5% | 32.5% |
| Gross Margin | 46.8% | 45.9% | 46.4% | 0.9pp | 0.4pp |
| Net Margin | 28.3% | 27.4% | 25.1% | 0.9pp | 3.1pp |
| EPS (Diluted) | $0.84 | $0.83 | $0.60 | 1.2% | 40.0% |
| Free Cash Flow | $1.3B | $321M | $253M | 305.5% | 415.5% |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $2.0B |
| R&D Expenses | $404M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $236M |
| Other Expenses | $0 |
| Operating Expenses | $640M |
| Cost & Expenses | $2.9B |
| OPERATING INCOME | $1.3B |
| Interest Income | $2M |
| Interest Expense | $47M |
| Other Income/Expenses | $18M |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $161M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $82M |
| EBIT | $1.4B |
| EBITDA | $1.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $2.0B |
| R&D Expenses | $404M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $236M |
| Other Expenses | $0 |
| Operating Expenses | $640M |
| Cost & Expenses | $2.9B |
| OPERATING INCOME | $1.3B |
| Interest Income | $2M |
| Interest Expense | $47M |
| Other Income/Expenses | $18M |
| INCOME BEFORE TAX | $1.4B |
| Income Tax Expense | $161M |
| Net Income from Continuing Ops | $1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.2B |
| D&A | $82M |
| EBIT | $1.4B |
| EBITDA | $1.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.2B |
| Depreciation & Amortization | $82M |
| Stock-Based Compensation | $63M |
| Deferred Income Tax | -$14M |
| Other Non-Cash Items | -$67M |
| Change in Working Capital | $181M |
| OPERATING CASH FLOW | $1.4B |
| Capital Expenditure | -$138M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$243M |
| Sales/Maturities of Investments | $568M |
| Other Investing Activities | -$595.0K |
| NET CASH FROM INVESTING | $186M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$415M |
| Common Dividends Paid | -$211M |
| Other Financing Activities | $46M |
| NET CASH FROM FINANCING | -$578M |
| FREE CASH FLOW | $1.3B |
| Net Change in Cash | $1.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.1B |
| Short-Term Investments | $243M |
| Net Receivables | $3.4B |
| Inventory | $3.1B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $12.1B |
| PP&E (Net) | $1.5B |
| Goodwill | $1.5B |
| Intangible Assets | $112M |
| Long-Term Investments | $0 |
| Tax Assets | -$409M |
| Other Non-Current Assets | $1.9B |
| TOTAL NON-CURRENT ASSETS | $4.6B |
| TOTAL ASSETS | $16.7B |
| Account Payables | $953M |
| Short-Term Debt | $6M |
| Deferred Revenue | $1.1B |
| Other Current Liabilities | $1.4B |
| TOTAL CURRENT LIABILITIES | $3.9B |
| Long-Term Debt | $5.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.4B |
| TOTAL NON-CURRENT LIABILITIES | $6.3B |
| TOTAL LIABILITIES | $10.2B |
| Common Stock | $140.0K |
| Additional Paid-In Capital | $7.2B |
| Retained Earnings | $16.6B |
| Treasury Stock | -$17.3B |
| Accum. Other Comp. Income | -$88M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.5B |
| TOTAL LIABILITIES & EQUITY | $16.7B |
| Total Debt | $5.0B |
| Net Debt | -$92M |
