| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $637M | $375M | 57.4% | 167.0% |
| Op. Income | $621M | $377M | $224M | 64.8% | 176.9% |
| Gross Margin | 74.0% | 76.8% | 80.4% | -2.8pp | -6.4pp |
| Net Margin | 47.9% | 45.7% | 47.4% | 2.1pp | 0.4pp |
| EPS (Diluted) | $11.32 | $6.85 | $4.09 | 65.3% | 176.8% |
| Free Cash Flow | $479M | $289M | $507M | 65.6% | -5.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $260M |
| GROSS PROFIT | $742M |
| R&D Expenses | $26M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $85M |
| Other Expenses | $10M |
| Operating Expenses | $121M |
| Cost & Expenses | $382M |
| OPERATING INCOME | $621M |
| Interest Income | $0 |
| Interest Expense | $200.0K |
| Other Income/Expenses | -$100.0K |
| INCOME BEFORE TAX | $621M |
| Income Tax Expense | $141M |
| Net Income from Continuing Ops | $480M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $480M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $480M |
| D&A | $15M |
| EBIT | $621M |
| EBITDA | $636M |
| EPS | $11 |
| EPS Diluted | $11 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $260M |
| GROSS PROFIT | $742M |
| R&D Expenses | $26M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $85M |
| Other Expenses | $10M |
| Operating Expenses | $121M |
| Cost & Expenses | $382M |
| OPERATING INCOME | $621M |
| Interest Income | $0 |
| Interest Expense | $200.0K |
| Other Income/Expenses | -$100.0K |
| INCOME BEFORE TAX | $621M |
| Income Tax Expense | $141M |
| Net Income from Continuing Ops | $480M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $480M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $480M |
| D&A | $15M |
| EBIT | $621M |
| EBITDA | $636M |
| EPS | $11 |
| EPS Diluted | $11 |
| Item | Amount |
|---|---|
| Net Income | $480M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$89.0K |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$14M |
| OPERATING CASH FLOW | $501M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | $25M |
| Purchases of Investments | -$16M |
| Sales/Maturities of Investments | $14M |
| Other Investing Activities | -$25M |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | -$100.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $479M |
| Net Change in Cash | $473M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $44M |
| Net Receivables | $590M |
| Inventory | $181M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $489M |
| Goodwill | $337M |
| Intangible Assets | $92M |
| Long-Term Investments | $21M |
| Tax Assets | $20M |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $979M |
| TOTAL ASSETS | $3.1B |
| Account Payables | $157M |
| Short-Term Debt | $0 |
| Deferred Revenue | $8M |
| Other Current Liabilities | $77M |
| TOTAL CURRENT LIABILITIES | $493M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $50M |
| TOTAL NON-CURRENT LIABILITIES | $186M |
| TOTAL LIABILITIES | $678M |
| Common Stock | $42.0K |
| Additional Paid-In Capital | $286M |
| Retained Earnings | $2.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $239.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $145M |
| Net Debt | -$1.1B |
