| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.3B | $4.8B | $4.6B | 9.4% | 13.2% |
| Op. Income | $2.3B | $1.8B | $1.7B | 23.7% | 32.3% |
| Gross Margin | 96.8% | 97.2% | 97.4% | -0.4pp | -0.6pp |
| Net Margin | 34.1% | 29.2% | 27.2% | 4.9pp | 6.9pp |
| EPS (Diluted) | $0.87 | $0.67 | $0.59 | 29.9% | 47.5% |
| Free Cash Flow | -$8.2B | $2.8B | -$833M | -396.8% | -882.5% |
| Item | Amount |
|---|---|
| REVENUE | $5.3B |
| Cost of Revenue | $168M |
| GROSS PROFIT | $5.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.5B |
| Other Expenses | $1.3B |
| Operating Expenses | $2.8B |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $2.3B |
| Interest Income | $2.7B |
| Interest Expense | $168M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2.3B |
| Income Tax Expense | $481M |
| Net Income from Continuing Ops | $1.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.7B |
| D&A | $313M |
| EBIT | $2.3B |
| EBITDA | $2.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.3B |
| Cost of Revenue | $168M |
| GROSS PROFIT | $5.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.5B |
| Other Expenses | $1.3B |
| Operating Expenses | $2.8B |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $2.3B |
| Interest Income | $2.7B |
| Interest Expense | $168M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $2.3B |
| Income Tax Expense | $481M |
| Net Income from Continuing Ops | $1.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.7B |
| D&A | $313M |
| EBIT | $2.3B |
| EBITDA | $2.6B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.8B |
| Depreciation & Amortization | $313M |
| Stock-Based Compensation | $62M |
| Deferred Income Tax | -$18M |
| Other Non-Cash Items | $471M |
| Change in Working Capital | -$10.6B |
| OPERATING CASH FLOW | -$7.9B |
| Capital Expenditure | -$241M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$15.7B |
| Sales/Maturities of Investments | $20.7B |
| Other Investing Activities | -$2.4B |
| NET CASH FROM INVESTING | $2.4B |
| Net Debt Issuance | -$3.6B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$511M |
| Other Financing Activities | -$23.8B |
| NET CASH FROM FINANCING | -$28.0B |
| FREE CASH FLOW | -$8.2B |
| Net Change in Cash | -$33.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $64.5B |
| Short-Term Investments | $265.3B |
| Net Receivables | $76.1B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $406.0B |
| PP&E (Net) | $3.7B |
| Goodwill | $12.0B |
| Intangible Assets | $9.1B |
| Long-Term Investments | $139.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $67.2B |
| TOTAL NON-CURRENT ASSETS | $231.6B |
| TOTAL ASSETS | $637.6B |
| Account Payables | $114.9B |
| Short-Term Debt | $1.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $448.4B |
| TOTAL CURRENT LIABILITIES | $571.9B |
| Long-Term Debt | $21.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $21.1B |
| TOTAL LIABILITIES | $593.0B |
| Common Stock | $21M |
| Additional Paid-In Capital | $26.9B |
| Retained Earnings | $28.2B |
| Treasury Stock | -$5.3B |
| Accum. Other Comp. Income | -$16.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $44.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $44.5B |
| TOTAL LIABILITIES & EQUITY | $637.6B |
| Total Debt | $22.5B |
| Net Debt | -$42.1B |
