| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.9B | $7.7B | $7.2B | 2.1% | 9.8% |
| Op. Income | $2.0B | $632M | $2.0B | 212.1% | 0.6% |
| Gross Margin | 45.5% | 32.0% | 46.0% | 13.5pp | -0.5pp |
| Net Margin | 20.3% | 7.9% | 23.8% | 12.4pp | -3.5pp |
| EPS (Diluted) | $0.35 | $0.13 | $0.38 | 165.4% | -5.9% |
| Free Cash Flow | $802M | -$569M | $696M | 240.8% | 15.1% |
| Item | Amount |
|---|---|
| REVENUE | $7.9B |
| Cost of Revenue | $4.3B |
| GROSS PROFIT | $3.6B |
| R&D Expenses | $658M |
| Selling & Marketing | $556M |
| General & Administrative | $398M |
| SG&A Expenses | $954M |
| Other Expenses | $0 |
| Operating Expenses | $1.6B |
| Cost & Expenses | $5.9B |
| OPERATING INCOME | $2.0B |
| Interest Income | $196M |
| Interest Expense | $188M |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $2.0B |
| Income Tax Expense | $382M |
| Net Income from Continuing Ops | $1.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.6B |
| D&A | $3.2B |
| EBIT | $2.2B |
| EBITDA | $5.4B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7.9B |
| Cost of Revenue | $4.3B |
| GROSS PROFIT | $3.6B |
| R&D Expenses | $658M |
| Selling & Marketing | $556M |
| General & Administrative | $398M |
| SG&A Expenses | $954M |
| Other Expenses | $0 |
| Operating Expenses | $1.6B |
| Cost & Expenses | $5.9B |
| OPERATING INCOME | $2.0B |
| Interest Income | $196M |
| Interest Expense | $188M |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $2.0B |
| Income Tax Expense | $382M |
| Net Income from Continuing Ops | $1.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.6B |
| D&A | $3.2B |
| EBIT | $2.2B |
| EBITDA | $5.4B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1.6B |
| Depreciation & Amortization | $3.2B |
| Stock-Based Compensation | $119M |
| Deferred Income Tax | -$69M |
| Other Non-Cash Items | -$4.0B |
| Change in Working Capital | $25M |
| OPERATING CASH FLOW | $923M |
| Capital Expenditure | -$121M |
| Acquisitions (Net) | -$125M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$246M |
| Net Debt Issuance | -$700M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$686M |
| FREE CASH FLOW | $802M |
| Net Change in Cash | -$21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.0B |
| Short-Term Investments | $0 |
| Net Receivables | $825M |
| Inventory | $0 |
| Other Current Assets | $845M |
| TOTAL CURRENT ASSETS | $8.1B |
| PP&E (Net) | $1.4B |
| Goodwill | $0 |
| Intangible Assets | $31.2B |
| Long-Term Investments | $25M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.6B |
| TOTAL NON-CURRENT ASSETS | $37.2B |
| TOTAL ASSETS | $45.3B |
| Account Payables | $617M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.2B |
| Other Current Liabilities | $3.7B |
| TOTAL CURRENT LIABILITIES | $7.7B |
| Long-Term Debt | $14.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3.1B |
| TOTAL NON-CURRENT LIABILITIES | $20.0B |
| TOTAL LIABILITIES | $27.8B |
| Common Stock | $4.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $14.3B |
| Treasury Stock | -$824M |
| Accum. Other Comp. Income | -$74M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $17.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $17.5B |
| TOTAL LIABILITIES & EQUITY | $45.3B |
| Total Debt | $17.3B |
| Net Debt | $11.3B |
