| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.7B | $8.3B | $5.8B | -7.1% | 33.2% |
| Op. Income | $2.6B | $3.0B | $866M | -11.0% | 203.8% |
| Gross Margin | 46.4% | 47.3% | 30.1% | -0.9pp | 16.3pp |
| Net Margin | 30.0% | 32.9% | 13.9% | -2.9pp | 16.1pp |
| EPS (Diluted) | $2.04 | $2.39 | $0.71 | -14.6% | 187.3% |
| Free Cash Flow | $673M | $1.9B | -$771M | -64.0% | 187.3% |
| Item | Amount |
|---|---|
| REVENUE | $7.7B |
| Cost of Revenue | $4.1B |
| GROSS PROFIT | $3.6B |
| R&D Expenses | $732M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $254M |
| Other Expenses | -$52M |
| Operating Expenses | $934M |
| Cost & Expenses | $5.1B |
| OPERATING INCOME | $2.6B |
| Interest Income | $10M |
| Interest Expense | $45M |
| Other Income/Expenses | -$106M |
| INCOME BEFORE TAX | $2.5B |
| Income Tax Expense | $219M |
| 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 | $1.7B |
| EBIT | $2.7B |
| EBITDA | $4.3B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $7.7B |
| Cost of Revenue | $4.1B |
| GROSS PROFIT | $3.6B |
| R&D Expenses | $732M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $254M |
| Other Expenses | -$52M |
| Operating Expenses | $934M |
| Cost & Expenses | $5.1B |
| OPERATING INCOME | $2.6B |
| Interest Income | $10M |
| Interest Expense | $45M |
| Other Income/Expenses | -$106M |
| INCOME BEFORE TAX | $2.5B |
| Income Tax Expense | $219M |
| 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 | $1.7B |
| EBIT | $2.7B |
| EBITDA | $4.3B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $2.3B |
| Depreciation & Amortization | $1.7B |
| Stock-Based Compensation | $118M |
| Deferred Income Tax | $54M |
| Other Non-Cash Items | $54M |
| Change in Working Capital | -$265M |
| OPERATING CASH FLOW | $3.9B |
| Capital Expenditure | -$3.3B |
| Acquisitions (Net) | $893M |
| Purchases of Investments | -$528M |
| Sales/Maturities of Investments | $437M |
| Other Investing Activities | -$22M |
| NET CASH FROM INVESTING | -$2.5B |
| Net Debt Issuance | $51M |
| Common Stock Repurchased | -$259M |
| Common Dividends Paid | -$112M |
| Other Financing Activities | -$193M |
| NET CASH FROM FINANCING | -$513M |
| FREE CASH FLOW | $673M |
| Net Change in Cash | $934M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.7B |
| Short-Term Investments | $900M |
| Net Receivables | $5.3B |
| Inventory | $4.8B |
| Other Current Assets | $534M |
| TOTAL CURRENT ASSETS | $20.2B |
| PP&E (Net) | $35.7B |
| Goodwill | $1.2B |
| Intangible Assets | $347M |
| Long-Term Investments | $1.8B |
| Tax Assets | $746M |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $41.1B |
| TOTAL ASSETS | $61.2B |
| Account Payables | $1.9B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $924M |
| TOTAL CURRENT LIABILITIES | $6.5B |
| Long-Term Debt | $6.1B |
| Deferred Revenue NC | $767M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $632M |
| TOTAL NON-CURRENT LIABILITIES | $8.8B |
| TOTAL LIABILITIES | $15.3B |
| Common Stock | $122M |
| Additional Paid-In Capital | $9.6B |
| Retained Earnings | $41.3B |
| Treasury Stock | -$5.0B |
| Accum. Other Comp. Income | -$91M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $45.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $45.9B |
| TOTAL LIABILITIES & EQUITY | $61.2B |
| Total Debt | $7.5B |
| Net Debt | -$1.1B |
