| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.5B | $1.5B | -4.4% | -3.5% |
| Op. Income | $475M | $600M | $593M | -20.8% | -19.8% |
| Gross Margin | 97.7% | 99.4% | 99.3% | -1.7pp | -1.6pp |
| Net Margin | 24.7% | 29.8% | 29.4% | -5.1pp | -4.7pp |
| EPS (Diluted) | $2.62 | $3.37 | $3.33 | -22.3% | -21.3% |
| Free Cash Flow | $1.3B | $635M | $964M | 99.7% | 31.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $34M |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $16M |
| General & Administrative | $593M |
| SG&A Expenses | $609M |
| Other Expenses | $351M |
| Operating Expenses | $960M |
| Cost & Expenses | $994M |
| OPERATING INCOME | $475M |
| Interest Income | $928M |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $475M |
| Income Tax Expense | $113M |
| Net Income from Continuing Ops | $362M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $362M |
| Net Income Deductions | -$1.0K |
| BOTTOM LINE NET INCOME | $340M |
| D&A | $83M |
| EBIT | $475M |
| EBITDA | $559M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $34M |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $16M |
| General & Administrative | $593M |
| SG&A Expenses | $609M |
| Other Expenses | $351M |
| Operating Expenses | $960M |
| Cost & Expenses | $994M |
| OPERATING INCOME | $475M |
| Interest Income | $928M |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $475M |
| Income Tax Expense | $113M |
| Net Income from Continuing Ops | $362M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $362M |
| Net Income Deductions | -$1.0K |
| BOTTOM LINE NET INCOME | $340M |
| D&A | $83M |
| EBIT | $475M |
| EBITDA | $559M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $362M |
| Depreciation & Amortization | $83M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $841M |
| OPERATING CASH FLOW | $1.3B |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.7B |
| Sales/Maturities of Investments | $345M |
| Other Investing Activities | $6.6B |
| NET CASH FROM INVESTING | $4.2B |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$157M |
| Other Financing Activities | -$5.2B |
| NET CASH FROM FINANCING | -$5.4B |
| FREE CASH FLOW | $1.3B |
| Net Change in Cash | $74M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $37.4B |
| Short-Term Investments | $2.8B |
| Net Receivables | $6.8B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $47.2B |
| PP&E (Net) | $1.1B |
| Goodwill | $4.6B |
| Intangible Assets | $3M |
| Long-Term Investments | $96.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $102.6B |
| TOTAL ASSETS | $149.9B |
| Account Payables | $2.2B |
| Short-Term Debt | $50M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $126.3B |
| TOTAL CURRENT LIABILITIES | $128.5B |
| Long-Term Debt | $3.4B |
| Deferred Revenue NC | $45M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$45M |
| TOTAL NON-CURRENT LIABILITIES | $3.4B |
| TOTAL LIABILITIES | $132.0B |
| Common Stock | $81M |
| Additional Paid-In Capital | $6.6B |
| Retained Earnings | $14.8B |
| Treasury Stock | -$5.0B |
| Accum. Other Comp. Income | -$377M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $17.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $17.9B |
| TOTAL LIABILITIES & EQUITY | $149.9B |
| Total Debt | $3.5B |
| Net Debt | -$33.9B |
