| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.6B | $6.0B | $5.3B | 9.6% | 24.3% |
| Op. Income | $3.0B | $2.1B | $2.3B | 40.4% | 27.8% |
| Gross Margin | 83.5% | 83.7% | 82.8% | -0.2pp | 0.7pp |
| Net Margin | 33.8% | 28.4% | 37.3% | 5.4pp | -3.5pp |
| EPS (Diluted) | $0.49 | $0.37 | $0.43 | 30.7% | 13.9% |
| Free Cash Flow | $3.4B | -$794M | $1.5B | 530.4% | 123.5% |
| Item | Amount |
|---|---|
| REVENUE | $6.6B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $5.5B |
| R&D Expenses | $816M |
| Selling & Marketing | $1.6B |
| General & Administrative | $152M |
| SG&A Expenses | $1.7B |
| Other Expenses | -$61M |
| Operating Expenses | $2.5B |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $3.0B |
| Interest Income | $33M |
| Interest Expense | $225M |
| Other Income/Expenses | -$192M |
| INCOME BEFORE TAX | $2.8B |
| Income Tax Expense | $581M |
| Net Income from Continuing Ops | $2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.2B |
| D&A | $258M |
| EBIT | $3.0B |
| EBITDA | $3.3B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $6.6B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $5.5B |
| R&D Expenses | $816M |
| Selling & Marketing | $1.6B |
| General & Administrative | $152M |
| SG&A Expenses | $1.7B |
| Other Expenses | -$61M |
| Operating Expenses | $2.5B |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $3.0B |
| Interest Income | $33M |
| Interest Expense | $225M |
| Other Income/Expenses | -$192M |
| INCOME BEFORE TAX | $2.8B |
| Income Tax Expense | $581M |
| Net Income from Continuing Ops | $2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.2B |
| D&A | $258M |
| EBIT | $3.0B |
| EBITDA | $3.3B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2.2B |
| Depreciation & Amortization | $258M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $581M |
| Other Non-Cash Items | $333M |
| Change in Working Capital | $297M |
| OPERATING CASH FLOW | $3.7B |
| Capital Expenditure | -$279M |
| Acquisitions (Net) | $41M |
| Purchases of Investments | -$290M |
| Sales/Maturities of Investments | $270M |
| Other Investing Activities | -$41M |
| NET CASH FROM INVESTING | -$299M |
| Net Debt Issuance | -$267M |
| Common Stock Repurchased | -$701M |
| Common Dividends Paid | -$2.5B |
| Other Financing Activities | $429M |
| NET CASH FROM FINANCING | -$3.0B |
| FREE CASH FLOW | $3.4B |
| Net Change in Cash | $390M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $314M |
| Short-Term Investments | $158M |
| Net Receivables | $922M |
| Inventory | $475M |
| Other Current Assets | $158M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $1.3B |
| Goodwill | $0 |
| Intangible Assets | $1.0B |
| Long-Term Investments | $30M |
| Tax Assets | $219M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $157M |
| Short-Term Debt | $33M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.9B |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $564M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $124M |
| Other Non-Current Liabilities | $131M |
| TOTAL NON-CURRENT LIABILITIES | $820M |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $11M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.6B |
| Treasury Stock | -$164.0K |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $597M |
| Net Debt | $283M |
