| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $27.9B | $33.7B | $26.2B | -17.1% | 6.6% |
| Op. Income | $8.5B | $12.6B | $11.4B | -32.3% | -25.1% |
| Gross Margin | 78.5% | 81.1% | 80.4% | -2.7pp | -1.9pp |
| Net Margin | 26.7% | 30.5% | 36.3% | -3.8pp | -9.5pp |
| EPS (Diluted) | $2.72 | $3.68 | $3.30 | -26.1% | -17.6% |
| Free Cash Flow | $8.6B | $12.7B | $8.0B | -32.2% | 8.3% |
| Item | Amount |
|---|---|
| REVENUE | $27.9B |
| Cost of Revenue | $6.0B |
| GROSS PROFIT | $21.9B |
| R&D Expenses | $7.7B |
| Selling & Marketing | $3.3B |
| General & Administrative | $2.4B |
| SG&A Expenses | $5.7B |
| Other Expenses | $0 |
| Operating Expenses | $13.4B |
| Cost & Expenses | $19.4B |
| OPERATING INCOME | $8.5B |
| Interest Income | $81M |
| Interest Expense | $5M |
| Other Income/Expenses | $384M |
| INCOME BEFORE TAX | $8.9B |
| Income Tax Expense | $1.4B |
| Net Income from Continuing Ops | $7.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7.5B |
| D&A | $2.2B |
| EBIT | $8.9B |
| EBITDA | $11.1B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $27.9B |
| Cost of Revenue | $6.0B |
| GROSS PROFIT | $21.9B |
| R&D Expenses | $7.7B |
| Selling & Marketing | $3.3B |
| General & Administrative | $2.4B |
| SG&A Expenses | $5.7B |
| Other Expenses | $0 |
| Operating Expenses | $13.4B |
| Cost & Expenses | $19.4B |
| OPERATING INCOME | $8.5B |
| Interest Income | $81M |
| Interest Expense | $5M |
| Other Income/Expenses | $384M |
| INCOME BEFORE TAX | $8.9B |
| Income Tax Expense | $1.4B |
| Net Income from Continuing Ops | $7.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7.5B |
| D&A | $2.2B |
| EBIT | $8.9B |
| EBITDA | $11.1B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $7.5B |
| Depreciation & Amortization | $2.2B |
| Stock-Based Compensation | $2.5B |
| Deferred Income Tax | -$563M |
| Other Non-Cash Items | -$221M |
| Change in Working Capital | $2.7B |
| OPERATING CASH FLOW | $14.1B |
| Capital Expenditure | -$5.4B |
| Acquisitions (Net) | -$853M |
| Purchases of Investments | -$4.1B |
| Sales/Maturities of Investments | $5.5B |
| Other Investing Activities | $116M |
| NET CASH FROM INVESTING | -$4.8B |
| Net Debt Issuance | -$213M |
| Common Stock Repurchased | -$9.5B |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$941M |
| NET CASH FROM FINANCING | -$10.7B |
| FREE CASH FLOW | $8.6B |
| Net Change in Cash | -$1.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14.9B |
| Short-Term Investments | $29.0B |
| Net Receivables | $11.4B |
| Inventory | $0 |
| Other Current Assets | $294M |
| TOTAL CURRENT ASSETS | $59.3B |
| PP&E (Net) | $73.8B |
| Goodwill | $19.9B |
| Intangible Assets | $910M |
| Long-Term Investments | $6.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.5B |
| TOTAL NON-CURRENT ASSETS | $105.0B |
| TOTAL ASSETS | $164.2B |
| Account Payables | $3.2B |
| Short-Term Debt | $0 |
| Deferred Revenue | $520M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $21.1B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7.0B |
| TOTAL NON-CURRENT LIABILITIES | $19.9B |
| TOTAL LIABILITIES | $41.0B |
| Common Stock | $0 |
| Additional Paid-In Capital | $57.5B |
| Retained Earnings | $67.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $123.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $123.2B |
| TOTAL LIABILITIES & EQUITY | $164.2B |
| Total Debt | $14.1B |
| Net Debt | -$833M |
