| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.7B | $11.2B | $9.4B | -13.4% | 3.9% |
| Op. Income | $3.4B | $4.5B | $3.2B | -24.5% | 6.7% |
| Gross Margin | 78.4% | 81.1% | 79.9% | -2.7pp | -1.5pp |
| Net Margin | 25.3% | 35.9% | 24.0% | -10.7pp | 1.2pp |
| EPS (Diluted) | $0.86 | $1.37 | $0.72 | -37.2% | 19.4% |
| Free Cash Flow | $4.3B | $4.1B | $5.5B | 4.9% | -21.5% |
| Item | Amount |
|---|---|
| REVENUE | $9.7B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $7.6B |
| R&D Expenses | $1.7B |
| Selling & Marketing | $1.9B |
| General & Administrative | $298M |
| SG&A Expenses | $2.2B |
| Other Expenses | $362M |
| Operating Expenses | $4.2B |
| Cost & Expenses | $6.3B |
| OPERATING INCOME | $3.4B |
| Interest Income | $20M |
| Interest Expense | $705M |
| Other Income/Expenses | -$746M |
| INCOME BEFORE TAX | $2.7B |
| Income Tax Expense | $224M |
| Net Income from Continuing Ops | $2.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.5B |
| D&A | $757M |
| EBIT | $3.4B |
| EBITDA | $4.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $9.7B |
| Cost of Revenue | $2.1B |
| GROSS PROFIT | $7.6B |
| R&D Expenses | $1.7B |
| Selling & Marketing | $1.9B |
| General & Administrative | $298M |
| SG&A Expenses | $2.2B |
| Other Expenses | $362M |
| Operating Expenses | $4.2B |
| Cost & Expenses | $6.3B |
| OPERATING INCOME | $3.4B |
| Interest Income | $20M |
| Interest Expense | $705M |
| Other Income/Expenses | -$746M |
| INCOME BEFORE TAX | $2.7B |
| Income Tax Expense | $224M |
| Net Income from Continuing Ops | $2.5B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.5B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.5B |
| D&A | $757M |
| EBIT | $3.4B |
| EBITDA | $4.1B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.5B |
| Depreciation & Amortization | $757M |
| Stock-Based Compensation | $545M |
| Deferred Income Tax | -$15M |
| Other Non-Cash Items | -$27M |
| Change in Working Capital | $1.7B |
| OPERATING CASH FLOW | $5.4B |
| Capital Expenditure | -$1.1B |
| Acquisitions (Net) | -$50M |
| Purchases of Investments | -$7.7B |
| Sales/Maturities of Investments | $8.0B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$781M |
| Net Debt Issuance | -$1.5B |
| Common Stock Repurchased | -$8.8B |
| Common Dividends Paid | -$887M |
| Other Financing Activities | -$414M |
| NET CASH FROM FINANCING | -$11.5B |
| FREE CASH FLOW | $4.3B |
| Net Change in Cash | -$7.0B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23.1B |
| Short-Term Investments | $16.3B |
| Net Receivables | $4.5B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $47.1B |
| PP&E (Net) | $7.6B |
| Goodwill | $43.9B |
| Intangible Assets | $2.2B |
| Long-Term Investments | $0 |
| Tax Assets | $13.4B |
| Other Non-Current Assets | $8.7B |
| TOTAL NON-CURRENT ASSETS | $75.8B |
| TOTAL ASSETS | $122.9B |
| Account Payables | $749M |
| Short-Term Debt | $6.7B |
| Deferred Revenue | $10.0B |
| Other Current Liabilities | $4.1B |
| TOTAL CURRENT LIABILITIES | $23.1B |
| Long-Term Debt | $76.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7.6B |
| Other Non-Current Liabilities | $17.4B |
| TOTAL NON-CURRENT LIABILITIES | $101.0B |
| TOTAL LIABILITIES | $124.1B |
| Common Stock | $25.5B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$25.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1.5B |
| Minority Interest | $411M |
| TOTAL EQUITY | -$1.1B |
| TOTAL LIABILITIES & EQUITY | $122.9B |
| Total Debt | $82.7B |
| Net Debt | $59.7B |
