| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | — | $2.0B | — | 14.3% |
| Op. Income | $1.0B | — | $982M | — | 6.4% |
| Gross Margin | 80.7% | — | 90.3% | — | -9.6pp |
| Net Margin | 33.6% | — | 36.3% | — | -2.7pp |
| EPS (Diluted) | $2.50 | — | $2.29 | — | 9.5% |
| Free Cash Flow | -$249M | — | $261M | — | -195.4% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $443M |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $655M |
| General & Administrative | $106M |
| SG&A Expenses | $761M |
| Other Expenses | $48M |
| Operating Expenses | $809M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $1.0B |
| Interest Income | $728M |
| Interest Expense | $31M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.0B |
| Income Tax Expense | $272M |
| Net Income from Continuing Ops | $773M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $771M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $771M |
| D&A | $0 |
| EBIT | $1.0B |
| EBITDA | $1.0B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $443M |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $655M |
| General & Administrative | $106M |
| SG&A Expenses | $761M |
| Other Expenses | $48M |
| Operating Expenses | $809M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $1.0B |
| Interest Income | $728M |
| Interest Expense | $31M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $1.0B |
| Income Tax Expense | $272M |
| Net Income from Continuing Ops | $773M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $771M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $771M |
| D&A | $0 |
| EBIT | $1.0B |
| EBITDA | $1.0B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $771M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1.0B |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | -$249M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1.0B |
| NET CASH FROM INVESTING | $1.0B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$106M |
| NET CASH FROM FINANCING | -$106M |
| FREE CASH FLOW | -$249M |
| Net Change in Cash | $650M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.9B |
| Short-Term Investments | $0 |
| Net Receivables | $3.0B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $8.9B |
| PP&E (Net) | $161M |
| Goodwill | $1.3B |
| Intangible Assets | $131M |
| Long-Term Investments | $38.0B |
| Tax Assets | $591M |
| Other Non-Current Assets | $6.1B |
| TOTAL NON-CURRENT ASSETS | $46.3B |
| TOTAL ASSETS | $55.2B |
| Account Payables | $1.1B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $7.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $141M |
| Other Non-Current Liabilities | $32.0B |
| TOTAL NON-CURRENT LIABILITIES | $39.6B |
| TOTAL LIABILITIES | $40.6B |
| Common Stock | $11.0K |
| Additional Paid-In Capital | $4.9B |
| Retained Earnings | $8.9B |
| Treasury Stock | -$824M |
| Accum. Other Comp. Income | $1.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $14.4B |
| Minority Interest | $224M |
| TOTAL EQUITY | $14.6B |
| TOTAL LIABILITIES & EQUITY | $55.2B |
| Total Debt | $7.4B |
| Net Debt | $1.5B |
