| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.7B | $4.7B | $4.0B | 43.3% | 67.9% |
| Op. Income | $1.2B | -$151M | $594M | 866.9% | 94.9% |
| Gross Margin | 29.0% | 12.4% | 29.4% | 16.6pp | -0.5pp |
| Net Margin | 11.3% | -5.9% | 8.7% | 17.2pp | 2.6pp |
| EPS (Diluted) | $1.20 | $-0.47 | $0.57 | 355.3% | 110.5% |
| Free Cash Flow | $916M | $557M | $1.9B | 64.5% | -52.0% |
| Item | Amount |
|---|---|
| REVENUE | $6.7B |
| Cost of Revenue | $4.8B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $791M |
| Operating Expenses | $791M |
| Cost & Expenses | $5.6B |
| OPERATING INCOME | $1.2B |
| Interest Income | $28M |
| Interest Expense | $82M |
| Other Income/Expenses | -$122M |
| INCOME BEFORE TAX | $1.0B |
| Income Tax Expense | $276M |
| Net Income from Continuing Ops | $760M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $760M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $764M |
| D&A | $325M |
| EBIT | $1.1B |
| EBITDA | $1.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $6.7B |
| Cost of Revenue | $4.8B |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $791M |
| Operating Expenses | $791M |
| Cost & Expenses | $5.6B |
| OPERATING INCOME | $1.2B |
| Interest Income | $28M |
| Interest Expense | $82M |
| Other Income/Expenses | -$122M |
| INCOME BEFORE TAX | $1.0B |
| Income Tax Expense | $276M |
| Net Income from Continuing Ops | $760M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $760M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $764M |
| D&A | $325M |
| EBIT | $1.1B |
| EBITDA | $1.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $760M |
| Depreciation & Amortization | $325M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $272M |
| Other Non-Cash Items | -$22M |
| Change in Working Capital | $571M |
| OPERATING CASH FLOW | $1.9B |
| Capital Expenditure | -$990M |
| Acquisitions (Net) | $3M |
| Purchases of Investments | -$1.5B |
| Sales/Maturities of Investments | $980M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$1.6B |
| Net Debt Issuance | -$231M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$215M |
| FREE CASH FLOW | $916M |
| Net Change in Cash | $136M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $13.2B |
| Short-Term Investments | $3.2B |
| Net Receivables | $1.4B |
| Inventory | $751M |
| Other Current Assets | $825M |
| TOTAL CURRENT ASSETS | $19.4B |
| PP&E (Net) | $17.1B |
| Goodwill | $970M |
| Intangible Assets | $295M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $552M |
| TOTAL NON-CURRENT ASSETS | $18.9B |
| TOTAL ASSETS | $38.3B |
| Account Payables | $395M |
| Short-Term Debt | $1.7B |
| Deferred Revenue | $6.3B |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $11.7B |
| Long-Term Debt | $8.9B |
| Deferred Revenue NC | $2.2B |
| Deferred Tax Liabilities | $2.1B |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $15.5B |
| TOTAL LIABILITIES | $27.2B |
| Common Stock | $888M |
| Additional Paid-In Capital | $4.0B |
| Retained Earnings | $16.3B |
| Treasury Stock | -$10.8B |
| Accum. Other Comp. Income | $805M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $11.1B |
| TOTAL LIABILITIES & EQUITY | $38.3B |
| Total Debt | $12.0B |
| Net Debt | -$1.2B |
