| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.5B | $5.7B | $3.9B | 14.9% | 68.3% |
| Op. Income | $2.4B | $2.0B | $651M | 24.9% | 275.4% |
| Gross Margin | 64.8% | 64.1% | 58.8% | 0.7pp | 5.9pp |
| Net Margin | 36.5% | 33.8% | 16.1% | 2.7pp | 20.4pp |
| EPS (Diluted) | $0.09 | $0.08 | $0.03 | 23.7% | 276.0% |
| Free Cash Flow | $2.5B | $1.6B | $1.4B | 58.6% | 85.1% |
| Item | Amount |
|---|---|
| REVENUE | $6.5B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $4.2B |
| R&D Expenses | $1.2B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $526M |
| Other Expenses | $0 |
| Operating Expenses | $1.8B |
| Cost & Expenses | $4.1B |
| OPERATING INCOME | $2.4B |
| Interest Income | $6M |
| Interest Expense | $60M |
| Other Income/Expenses | -$50M |
| INCOME BEFORE TAX | $2.4B |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $2.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.4B |
| D&A | $286M |
| EBIT | $2.5B |
| EBITDA | $2.7B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $6.5B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $4.2B |
| R&D Expenses | $1.2B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $526M |
| Other Expenses | $0 |
| Operating Expenses | $1.8B |
| Cost & Expenses | $4.1B |
| OPERATING INCOME | $2.4B |
| Interest Income | $6M |
| Interest Expense | $60M |
| Other Income/Expenses | -$50M |
| INCOME BEFORE TAX | $2.4B |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $2.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.4B |
| D&A | $286M |
| EBIT | $2.5B |
| EBITDA | $2.7B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2.4B |
| Depreciation & Amortization | $286M |
| Stock-Based Compensation | $465M |
| Deferred Income Tax | -$185M |
| Other Non-Cash Items | $19M |
| Change in Working Capital | -$276M |
| OPERATING CASH FLOW | $2.7B |
| Capital Expenditure | -$183M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4.8B |
| Sales/Maturities of Investments | $2.4B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2.5B |
| Net Debt Issuance | $5.0B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$99M |
| Other Financing Activities | -$406M |
| NET CASH FROM FINANCING | $4.5B |
| FREE CASH FLOW | $2.5B |
| Net Change in Cash | $4.7B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.6B |
| Short-Term Investments | $14.0B |
| Net Receivables | $3.6B |
| Inventory | $2.1B |
| Other Current Assets | $129M |
| TOTAL CURRENT ASSETS | $25.8B |
| PP&E (Net) | $3.2B |
| Goodwill | $4.2B |
| Intangible Assets | $2.5B |
| Long-Term Investments | $147M |
| Tax Assets | $958M |
| Other Non-Current Assets | $1.9B |
| TOTAL NON-CURRENT ASSETS | $12.8B |
| TOTAL ASSETS | $38.6B |
| Account Payables | $1.5B |
| Short-Term Debt | $1.0B |
| Deferred Revenue | $301M |
| Other Current Liabilities | $85M |
| TOTAL CURRENT LIABILITIES | $4.4B |
| Long-Term Debt | $10.9B |
| Deferred Revenue NC | $189M |
| Deferred Tax Liabilities | $229M |
| Other Non-Current Liabilities | $978M |
| TOTAL NON-CURRENT LIABILITIES | $13.1B |
| TOTAL LIABILITIES | $17.5B |
| Common Stock | $3M |
| Additional Paid-In Capital | $9.7B |
| Retained Earnings | $23.0B |
| Treasury Stock | -$11.6B |
| Accum. Other Comp. Income | $8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $21.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $21.1B |
| TOTAL LIABILITIES & EQUITY | $38.6B |
| Total Debt | $12.8B |
| Net Debt | $7.2B |
