| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $8.0B | $7.9B | $7.3B | 1.3% | 8.6% |
| Op. Income | $1.6B | $2.0B | $1.8B | -20.0% | -14.6% |
| Gross Margin | 41.1% | 45.5% | 45.3% | -4.4pp | -4.1pp |
| Net Margin | 18.1% | 20.3% | 18.4% | -2.2pp | -0.3pp |
| EPS (Diluted) | $0.32 | $0.35 | $0.30 | -9.3% | 7.7% |
| Free Cash Flow | $13M | $802M | -$174M | -98.4% | 107.3% |
| Item | Amount |
|---|---|
| REVENUE | $8.0B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $3.3B |
| R&D Expenses | $717M |
| Selling & Marketing | $575M |
| General & Administrative | $409M |
| SG&A Expenses | $984M |
| Other Expenses | $0 |
| Operating Expenses | $1.7B |
| Cost & Expenses | $6.4B |
| OPERATING INCOME | $1.6B |
| Interest Income | $220M |
| Interest Expense | $175M |
| Other Income/Expenses | $45M |
| INCOME BEFORE TAX | $1.6B |
| Income Tax Expense | $182M |
| Net Income from Continuing Ops | $1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.4B |
| D&A | $3.3B |
| EBIT | $1.8B |
| EBITDA | $5.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $8.0B |
| Cost of Revenue | $4.7B |
| GROSS PROFIT | $3.3B |
| R&D Expenses | $717M |
| Selling & Marketing | $575M |
| General & Administrative | $409M |
| SG&A Expenses | $984M |
| Other Expenses | $0 |
| Operating Expenses | $1.7B |
| Cost & Expenses | $6.4B |
| OPERATING INCOME | $1.6B |
| Interest Income | $220M |
| Interest Expense | $175M |
| Other Income/Expenses | $45M |
| INCOME BEFORE TAX | $1.6B |
| Income Tax Expense | $182M |
| Net Income from Continuing Ops | $1.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.4B |
| D&A | $3.3B |
| EBIT | $1.8B |
| EBITDA | $5.1B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1.4B |
| Depreciation & Amortization | $3.3B |
| Stock-Based Compensation | $150M |
| Deferred Income Tax | -$116M |
| Other Non-Cash Items | -$4.6B |
| Change in Working Capital | -$123M |
| OPERATING CASH FLOW | $103M |
| Capital Expenditure | -$90M |
| Acquisitions (Net) | -$69M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$159M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $11M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | -$190M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.8B |
| Short-Term Investments | $0 |
| Net Receivables | $765M |
| Inventory | $0 |
| Other Current Assets | $888M |
| TOTAL CURRENT ASSETS | $7.8B |
| PP&E (Net) | $1.4B |
| Goodwill | $0 |
| Intangible Assets | $32.5B |
| Long-Term Investments | $24M |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.6B |
| TOTAL NON-CURRENT ASSETS | $38.5B |
| TOTAL ASSETS | $46.4B |
| Account Payables | $504M |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.2B |
| Other Current Liabilities | $3.8B |
| TOTAL CURRENT LIABILITIES | $7.5B |
| Long-Term Debt | $14.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3.2B |
| TOTAL NON-CURRENT LIABILITIES | $19.8B |
| TOTAL LIABILITIES | $27.3B |
| Common Stock | $4.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $15.7B |
| Treasury Stock | -$824M |
| Accum. Other Comp. Income | -$144M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $19.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $19.1B |
| TOTAL LIABILITIES & EQUITY | $46.4B |
| Total Debt | $16.9B |
| Net Debt | $11.1B |
