| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | $2.2B | $2.2B | 3.1% | 4.4% |
| Op. Income | $496M | $510M | $658M | -2.7% | -24.6% |
| Gross Margin | 49.5% | 50.6% | 50.4% | -1.1pp | -0.9pp |
| Net Margin | 13.0% | 14.1% | 20.1% | -1.2pp | -7.1pp |
| EPS (Diluted) | $0.73 | $0.77 | $1.00 | -5.2% | -27.0% |
| Free Cash Flow | $434M | $258M | $550M | 68.2% | -21.1% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $72M |
| Selling & Marketing | $285M |
| General & Administrative | $127M |
| SG&A Expenses | $412M |
| Other Expenses | $136M |
| Operating Expenses | $620M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $496M |
| Interest Income | $0 |
| Interest Expense | $104M |
| Other Income/Expenses | -$108M |
| INCOME BEFORE TAX | $388M |
| Income Tax Expense | $96M |
| Net Income from Continuing Ops | $292M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $292M |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $293M |
| D&A | $144M |
| EBIT | $492M |
| EBITDA | $636M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $72M |
| Selling & Marketing | $285M |
| General & Administrative | $127M |
| SG&A Expenses | $412M |
| Other Expenses | $136M |
| Operating Expenses | $620M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $496M |
| Interest Income | $0 |
| Interest Expense | $104M |
| Other Income/Expenses | -$108M |
| INCOME BEFORE TAX | $388M |
| Income Tax Expense | $96M |
| Net Income from Continuing Ops | $292M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $292M |
| Net Income Deductions | -$1M |
| BOTTOM LINE NET INCOME | $293M |
| D&A | $144M |
| EBIT | $492M |
| EBITDA | $636M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $292M |
| Depreciation & Amortization | $144M |
| Stock-Based Compensation | $47M |
| Deferred Income Tax | $31M |
| Other Non-Cash Items | $24M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $533M |
| Capital Expenditure | -$99M |
| Acquisitions (Net) | -$93M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$191M |
| Net Debt Issuance | $27M |
| Common Stock Repurchased | -$209M |
| Common Dividends Paid | -$86M |
| Other Financing Activities | -$24M |
| NET CASH FROM FINANCING | -$292M |
| FREE CASH FLOW | $434M |
| Net Change in Cash | $50M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $126M |
| Short-Term Investments | $0 |
| Net Receivables | $660M |
| Inventory | $0 |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $1.8B |
| Goodwill | $3.2B |
| Intangible Assets | $3.1B |
| Long-Term Investments | $0 |
| Tax Assets | $200M |
| Other Non-Current Assets | $757M |
| TOTAL NON-CURRENT ASSETS | $9.1B |
| TOTAL ASSETS | $10.3B |
| Account Payables | $1.2B |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.4B |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $2.9B |
| Long-Term Debt | $9.9B |
| Deferred Revenue NC | $87M |
| Deferred Tax Liabilities | $539M |
| Other Non-Current Liabilities | $140M |
| TOTAL NON-CURRENT LIABILITIES | $11.0B |
| TOTAL LIABILITIES | $13.8B |
| Common Stock | $4M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$3.6B |
| Treasury Stock | -$10M |
| Accum. Other Comp. Income | $13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$3.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$3.6B |
| TOTAL LIABILITIES & EQUITY | $10.3B |
| Total Debt | $10.2B |
| Net Debt | $10.1B |
