| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.5B | $5.2B | $4.5B | 6.4% | 21.4% |
| Op. Income | $3.0B | $3.0B | $2.3B | 2.3% | 28.9% |
| Gross Margin | 76.0% | 77.1% | 75.0% | -1.1pp | 1.0pp |
| Net Margin | 41.4% | 50.9% | 45.6% | -9.5pp | -4.2pp |
| EPS (Diluted) | $2.34 | $2.68 | $2.08 | -12.7% | 12.5% |
| Free Cash Flow | $2.3B | $1.5B | $2.1B | 52.6% | 9.4% |
| Item | Amount |
|---|---|
| REVENUE | $5.5B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $4.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $210M |
| General & Administrative | $593M |
| SG&A Expenses | $803M |
| Other Expenses | $357M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $3.0B |
| Interest Income | $0 |
| Interest Expense | $114M |
| Other Income/Expenses | -$220M |
| INCOME BEFORE TAX | $2.8B |
| Income Tax Expense | $523M |
| Net Income from Continuing Ops | $2.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.3B |
| D&A | $189M |
| EBIT | $2.9B |
| EBITDA | $3.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $5.5B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $4.2B |
| R&D Expenses | $0 |
| Selling & Marketing | $210M |
| General & Administrative | $593M |
| SG&A Expenses | $803M |
| Other Expenses | $357M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $3.0B |
| Interest Income | $0 |
| Interest Expense | $114M |
| Other Income/Expenses | -$220M |
| INCOME BEFORE TAX | $2.8B |
| Income Tax Expense | $523M |
| Net Income from Continuing Ops | $2.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.3B |
| D&A | $189M |
| EBIT | $2.9B |
| EBITDA | $3.1B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $2.3B |
| Depreciation & Amortization | $189M |
| Stock-Based Compensation | $101M |
| Deferred Income Tax | -$146M |
| Other Non-Cash Items | $512M |
| Change in Working Capital | -$474M |
| OPERATING CASH FLOW | $2.5B |
| Capital Expenditure | -$187M |
| Acquisitions (Net) | -$313M |
| Purchases of Investments | -$187M |
| Sales/Maturities of Investments | $172M |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$525M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2.4B |
| Common Dividends Paid | -$477M |
| Other Financing Activities | $36M |
| NET CASH FROM FINANCING | -$2.8B |
| FREE CASH FLOW | $2.3B |
| Net Change in Cash | -$1.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.9B |
| Short-Term Investments | $438M |
| Net Receivables | $4.2B |
| Inventory | $0 |
| Other Current Assets | $4.5B |
| TOTAL CURRENT ASSETS | $15.2B |
| PP&E (Net) | $1.9B |
| Goodwill | $7.5B |
| Intangible Assets | $3.7B |
| Long-Term Investments | $1.6B |
| Tax Assets | $920M |
| Other Non-Current Assets | $5.3B |
| TOTAL NON-CURRENT ASSETS | $21.0B |
| TOTAL ASSETS | $36.2B |
| Account Payables | $633M |
| Short-Term Debt | $735M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.0B |
| TOTAL CURRENT LIABILITIES | $12.1B |
| Long-Term Debt | $13.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $371M |
| Other Non-Current Liabilities | $3.8B |
| TOTAL NON-CURRENT LIABILITIES | $17.9B |
| TOTAL LIABILITIES | $30.0B |
| Common Stock | $0 |
| Additional Paid-In Capital | $5.2B |
| Retained Earnings | $49.6B |
| Treasury Stock | -$47.4B |
| Accum. Other Comp. Income | -$1.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.2B |
| Minority Interest | $91M |
| TOTAL EQUITY | $6.3B |
| TOTAL LIABILITIES & EQUITY | $36.2B |
| Total Debt | $14.5B |
| Net Debt | $8.6B |
