| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | $1.5B | $1.5B | 38.6% | 37.2% |
| Op. Income | $278M | $475M | $606M | -41.6% | -54.2% |
| Gross Margin | 94.4% | 97.7% | 99.1% | -3.3pp | -4.7pp |
| Net Margin | 10.7% | 24.7% | 30.9% | -14.0pp | -20.2pp |
| EPS (Diluted) | $1.08 | $2.62 | $3.41 | -58.8% | -68.3% |
| Free Cash Flow | $1.1B | $1.3B | $524M | -11.1% | 115.4% |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $113M |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $21M |
| General & Administrative | $799M |
| SG&A Expenses | $819M |
| Other Expenses | $826M |
| Operating Expenses | $1.6B |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $278M |
| Interest Income | $1.5B |
| Interest Expense | $53M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $278M |
| Income Tax Expense | $60M |
| Net Income from Continuing Ops | $218M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $218M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $192M |
| D&A | $122M |
| EBIT | $278M |
| EBITDA | $400M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $113M |
| GROSS PROFIT | $1.9B |
| R&D Expenses | $0 |
| Selling & Marketing | $21M |
| General & Administrative | $799M |
| SG&A Expenses | $819M |
| Other Expenses | $826M |
| Operating Expenses | $1.6B |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $278M |
| Interest Income | $1.5B |
| Interest Expense | $53M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $278M |
| Income Tax Expense | $60M |
| Net Income from Continuing Ops | $218M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $218M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $192M |
| D&A | $122M |
| EBIT | $278M |
| EBITDA | $400M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $218M |
| Depreciation & Amortization | $122M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$81M |
| Other Non-Cash Items | $299M |
| Change in Working Capital | $630M |
| OPERATING CASH FLOW | $1.2B |
| Capital Expenditure | -$60M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.7B |
| Sales/Maturities of Investments | $721M |
| Other Investing Activities | $11.9B |
| NET CASH FROM INVESTING | $9.8B |
| Net Debt Issuance | -$976M |
| Common Stock Repurchased | -$600M |
| Common Dividends Paid | -$213M |
| Other Financing Activities | -$8.9B |
| NET CASH FROM FINANCING | -$10.8B |
| FREE CASH FLOW | $1.1B |
| Net Change in Cash | $277M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $35.1B |
| Short-Term Investments | $3.7B |
| Net Receivables | $8.7B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $47.6B |
| PP&E (Net) | $1.6B |
| Goodwill | $8.5B |
| Intangible Assets | $245M |
| Long-Term Investments | $145.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $156.1B |
| TOTAL ASSETS | $204.0B |
| Account Payables | $3.7B |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $170.4B |
| TOTAL CURRENT LIABILITIES | $175.2B |
| Long-Term Debt | $3.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $178.2B |
| Common Stock | $91M |
| Additional Paid-In Capital | $10.0B |
| Retained Earnings | $14.8B |
| Treasury Stock | -$596M |
| Accum. Other Comp. Income | -$506M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $25.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $25.8B |
| TOTAL LIABILITIES & EQUITY | $204.0B |
| Total Debt | $4.1B |
| Net Debt | -$31.0B |
