Q1 2022 Earnings

Revenue

$15.4B-1.0% YoY

Gross Profit

$3.9B25.6% margin

Operating Income

$1.9B12.6% margin

Net Income

$1.6B10.6% margin

EPS (Diluted)

$1.89

QoQ Revenue Growth

-23.3%

Operating Cash Flow

$2.0B

Free Cash Flow

$2.0B

Stock-Based Comp.

Total Assets

$724.3B

Total Liabilities

$670.0B

Stockholders' Equity

$54.0B

Cash & Equivalents

$23.5B

Metric	Current	Year Ago	Change
Revenue	$15.4B	$15.6B	-1.0%
Gross Profit	$3.9B	$2.4B	+67.5%
Operating Income	$1.9B	$291M	+564.9%
Net Income	$1.6B	$358M	+356.4%

Vision fee for service arrangements

$154M28%

Prepaid legal plans and administrative-only contracts

$120M22%

Fee-based investment management services

$102M19%

Other revenue from service contracts from customers

$68M12%

Administrative Service

$59M11%

Distribution Service

$47M9%