| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | $2.3B | $1.8B | -15.1% | 9.6% |
| Op. Income | $683M | $958M | $727M | -28.7% | -6.0% |
| Gross Margin | 44.2% | 50.4% | 45.5% | -6.1pp | -1.3pp |
| Net Margin | 105.8% | 20.1% | -31.0% | 85.6pp | 136.8pp |
| EPS (Diluted) | $1.54 | $0.34 | $-0.41 | 346.8% | 474.5% |
| Free Cash Flow | $374M | $530M | $419M | -29.4% | -10.7% |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $868M |
| R&D Expenses | $0 |
| Selling & Marketing | $115M |
| General & Administrative | $68M |
| SG&A Expenses | $183M |
| Other Expenses | $2M |
| Operating Expenses | $186M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $683M |
| Interest Income | $5M |
| Interest Expense | $40M |
| Other Income/Expenses | $2.6B |
| INCOME BEFORE TAX | $3.3B |
| Income Tax Expense | $1.2B |
| Net Income from Continuing Ops | $2.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.1B |
| D&A | $339M |
| EBIT | $681M |
| EBITDA | $1.0B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $868M |
| R&D Expenses | $0 |
| Selling & Marketing | $115M |
| General & Administrative | $68M |
| SG&A Expenses | $183M |
| Other Expenses | $2M |
| Operating Expenses | $186M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $683M |
| Interest Income | $5M |
| Interest Expense | $40M |
| Other Income/Expenses | $2.6B |
| INCOME BEFORE TAX | $3.3B |
| Income Tax Expense | $1.2B |
| Net Income from Continuing Ops | $2.1B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.1B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.1B |
| D&A | $339M |
| EBIT | $681M |
| EBITDA | $1.0B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $2.1B |
| Depreciation & Amortization | $350M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $1.2B |
| Other Non-Cash Items | -$2.9B |
| Change in Working Capital | $185M |
| OPERATING CASH FLOW | $925M |
| Capital Expenditure | -$551M |
| Acquisitions (Net) | -$386.8K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$643M |
| NET CASH FROM INVESTING | -$979M |
| Net Debt Issuance | -$163M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$201M |
| Other Financing Activities | -$58M |
| NET CASH FROM FINANCING | -$423M |
| FREE CASH FLOW | $374M |
| Net Change in Cash | -$764M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $415M |
| Short-Term Investments | $384M |
| Net Receivables | $248M |
| Inventory | $220M |
| Other Current Assets | $79M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $2.4B |
| Goodwill | $340M |
| Intangible Assets | $332M |
| Long-Term Investments | $140M |
| Tax Assets | $118M |
| Other Non-Current Assets | $123M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $4.8B |
| Account Payables | $137M |
| Short-Term Debt | $92M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $73M |
| TOTAL CURRENT LIABILITIES | $327M |
| Long-Term Debt | $2.8B |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $47.4K |
| Other Non-Current Liabilities | $344M |
| TOTAL NON-CURRENT LIABILITIES | $3.4B |
| TOTAL LIABILITIES | $3.7B |
| Common Stock | $392M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $438M |
| Treasury Stock | -$9M |
| Accum. Other Comp. Income | $251M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $4M |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $4.8B |
| Total Debt | $3.1B |
| Net Debt | $2.7B |
