| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $413M | $357M | $347M | 15.9% | 19.2% |
| Op. Income | $152M | $127M | $128M | 19.4% | 19.3% |
| Gross Margin | 92.8% | 99.9% | 112.8% | -7.1pp | -20.0pp |
| Net Margin | 28.8% | 28.1% | 28.6% | 0.7pp | 0.3pp |
| EPS (Diluted) | $1.57 | $1.39 | $1.39 | 12.9% | 12.9% |
| Free Cash Flow | $384M | $574M | -$63M | -33.2% | 712.0% |
| Item | Amount |
|---|---|
| REVENUE | $413M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $383M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $167M |
| SG&A Expenses | $170M |
| Other Expenses | $62M |
| Operating Expenses | $231M |
| Cost & Expenses | $261M |
| OPERATING INCOME | $152M |
| Interest Income | $326M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $152M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $119M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $119M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $119M |
| D&A | $17M |
| EBIT | $152M |
| EBITDA | $169M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $413M |
| Cost of Revenue | $30M |
| GROSS PROFIT | $383M |
| R&D Expenses | $0 |
| Selling & Marketing | $2M |
| General & Administrative | $167M |
| SG&A Expenses | $170M |
| Other Expenses | $62M |
| Operating Expenses | $231M |
| Cost & Expenses | $261M |
| OPERATING INCOME | $152M |
| Interest Income | $326M |
| Interest Expense | $11M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $152M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $119M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $119M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $119M |
| D&A | $17M |
| EBIT | $152M |
| EBITDA | $169M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $119M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $42M |
| Other Non-Cash Items | $64M |
| Change in Working Capital | $137M |
| OPERATING CASH FLOW | $388M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$228M |
| Sales/Maturities of Investments | $238M |
| Other Investing Activities | -$1.4B |
| NET CASH FROM INVESTING | -$1.4B |
| Net Debt Issuance | -$13M |
| Common Stock Repurchased | -$30M |
| Common Dividends Paid | -$37M |
| Other Financing Activities | -$316M |
| NET CASH FROM FINANCING | -$395M |
| FREE CASH FLOW | $384M |
| Net Change in Cash | -$1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $623M |
| Short-Term Investments | $5.7B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.3B |
| PP&E (Net) | $563M |
| Goodwill | $1.9B |
| Intangible Assets | $220M |
| Long-Term Investments | $31.3B |
| Tax Assets | $158M |
| Other Non-Current Assets | $5.7B |
| TOTAL NON-CURRENT ASSETS | $39.9B |
| TOTAL ASSETS | $46.2B |
| Account Payables | $0 |
| Short-Term Debt | $670M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $38.9B |
| TOTAL CURRENT LIABILITIES | $39.5B |
| Long-Term Debt | $392M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $41.2B |
| Common Stock | $189M |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | $1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$491M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.0B |
| TOTAL LIABILITIES & EQUITY | $46.2B |
| Total Debt | $1.1B |
| Net Debt | $440M |
