| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $10.4B | $9.7B | $9.8B | 6.5% | 5.7% |
| Op. Income | -$824M | $3.4B | $3.6B | -124.0% | -123.0% |
| Gross Margin | 79.2% | 78.4% | 80.2% | 0.8pp | -1.1pp |
| Net Margin | -12.0% | 25.3% | 24.9% | -37.3pp | -37.0pp |
| EPS (Diluted) | $-0.46 | $0.86 | $0.80 | -153.5% | -157.5% |
| Free Cash Flow | -$4.6B | $4.3B | $820M | -206.4% | -661.8% |
| Item | Amount |
|---|---|
| REVENUE | $10.4B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $8.2B |
| R&D Expenses | $1.8B |
| Selling & Marketing | $2.0B |
| General & Administrative | $319M |
| SG&A Expenses | $2.3B |
| Other Expenses | $5.0B |
| Operating Expenses | $9.0B |
| Cost & Expenses | $11.2B |
| OPERATING INCOME | -$824M |
| Interest Income | $21M |
| Interest Expense | $679M |
| Other Income/Expenses | -$672M |
| INCOME BEFORE TAX | -$1.5B |
| Income Tax Expense | -$249M |
| Net Income from Continuing Ops | -$1.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.2B |
| D&A | $759M |
| EBIT | -$817M |
| EBITDA | -$58M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1.2B |
| Depreciation & Amortization | $759M |
| Stock-Based Compensation | $681M |
| Deferred Income Tax | -$805M |
| Other Non-Cash Items | -$149M |
| Change in Working Capital | -$2.9B |
| OPERATING CASH FLOW | -$3.7B |
| Capital Expenditure | -$925M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.0B |
| Sales/Maturities of Investments | $13.6B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $10.7B |
| Net Debt Issuance | -$4.3B |
| Common Stock Repurchased | -$7.1B |
| Common Dividends Paid | -$861M |
| Other Financing Activities | -$23M |
| NET CASH FROM FINANCING | -$12.1B |
| FREE CASH FLOW | -$4.6B |
| Net Change in Cash | -$5.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $17.9B |
| Short-Term Investments | $4.9B |
| Net Receivables | $4.5B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $31.1B |
| PP&E (Net) | $8.0B |
| Goodwill | $43.8B |
| Intangible Assets | $1.9B |
| Long-Term Investments | $0 |
| Tax Assets | $13.3B |
| Other Non-Current Assets | $8.8B |
| TOTAL NON-CURRENT ASSETS | $75.8B |
| TOTAL ASSETS | $106.9B |
| Account Payables | $1.0B |
| Short-Term Debt | $5.0B |
| Deferred Revenue | $7.9B |
| Other Current Liabilities | $3.4B |
| TOTAL CURRENT LIABILITIES | $18.9B |
| Long-Term Debt | $73.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6.8B |
| Other Non-Current Liabilities | $17.5B |
| TOTAL NON-CURRENT LIABILITIES | $97.7B |
| TOTAL LIABILITIES | $116.6B |
| Common Stock | $25.6B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$34.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.6B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$10.1B |
| Minority Interest | $443M |
| TOTAL EQUITY | -$9.7B |
| TOTAL LIABILITIES & EQUITY | $106.9B |
| Total Debt | $78.4B |
| Net Debt | $60.5B |
