| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $664M | $360M | $646M | 84.8% | 2.9% |
| Op. Income | $133M | -$12M | $137M | 1248.6% | -3.5% |
| Gross Margin | 47.8% | 46.4% | 46.4% | 1.3pp | 1.4pp |
| Net Margin | 18.6% | -2.4% | 20.5% | 21.0pp | -1.9pp |
| EPS (Diluted) | $0.87 | $-0.07 | $1.01 | 1344.6% | -13.9% |
| Free Cash Flow | $174M | -$4M | $203M | 4180.4% | -14.6% |
| Item | Amount |
|---|---|
| REVENUE | $664M |
| Cost of Revenue | $347M |
| GROSS PROFIT | $317M |
| R&D Expenses | $61M |
| Selling & Marketing | $84M |
| General & Administrative | $40M |
| SG&A Expenses | $123M |
| Other Expenses | $0 |
| Operating Expenses | $185M |
| Cost & Expenses | $532M |
| OPERATING INCOME | $133M |
| Interest Income | $33.0K |
| Interest Expense | $98.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $131M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $123M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $123M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $123M |
| D&A | $9M |
| EBIT | $131M |
| EBITDA | $140M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $664M |
| Cost of Revenue | $347M |
| GROSS PROFIT | $317M |
| R&D Expenses | $61M |
| Selling & Marketing | $84M |
| General & Administrative | $40M |
| SG&A Expenses | $123M |
| Other Expenses | $0 |
| Operating Expenses | $185M |
| Cost & Expenses | $532M |
| OPERATING INCOME | $133M |
| Interest Income | $33.0K |
| Interest Expense | $98.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $131M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $123M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $123M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $123M |
| D&A | $9M |
| EBIT | $131M |
| EBITDA | $140M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $123M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | $14.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $28M |
| OPERATING CASH FLOW | $180M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$27M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$33M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$43M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $12M |
| NET CASH FROM FINANCING | -$31M |
| FREE CASH FLOW | $174M |
| Net Change in Cash | $114M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $754M |
| Short-Term Investments | $0 |
| Net Receivables | $178M |
| Inventory | $205M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $103M |
| Goodwill | $38M |
| Intangible Assets | $30M |
| Long-Term Investments | $0 |
| Tax Assets | $10M |
| Other Non-Current Assets | $32M |
| TOTAL NON-CURRENT ASSETS | $212M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $341M |
| Short-Term Debt | $0 |
| Deferred Revenue | $18M |
| Other Current Liabilities | $166M |
| TOTAL CURRENT LIABILITIES | $599M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $58M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $905.0K |
| TOTAL NON-CURRENT LIABILITIES | $94M |
| TOTAL LIABILITIES | $693M |
| Common Stock | $130.0K |
| Additional Paid-In Capital | $683M |
| Retained Earnings | $54M |
| Treasury Stock | -$55M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $680M |
| Minority Interest | $0 |
| TOTAL EQUITY | $680M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $44M |
| Net Debt | -$710M |
