| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.3B | $6.1B | $5.3B | 3.1% | 18.6% |
| Op. Income | $654M | $943M | $610M | -30.6% | 7.2% |
| Gross Margin | 69.5% | 69.9% | 67.4% | -0.4pp | 2.2pp |
| Net Margin | 6.2% | 10.8% | 5.4% | -4.6pp | 0.7pp |
| EPS (Diluted) | $0.12 | $0.21 | $0.09 | -41.6% | 35.8% |
| Free Cash Flow | $1.1B | -$89M | $1.2B | 1376.2% | -4.9% |
| Item | Amount |
|---|---|
| REVENUE | $6.3B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $4.4B |
| R&D Expenses | $966M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.6B |
| Other Expenses | $1.2B |
| Operating Expenses | $3.7B |
| Cost & Expenses | $5.6B |
| OPERATING INCOME | $654M |
| Interest Income | $93M |
| Interest Expense | $337M |
| Other Income/Expenses | -$244M |
| INCOME BEFORE TAX | $410M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $392M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$5M |
| NET INCOME | $387M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $387M |
| D&A | $1.1B |
| EBIT | $741M |
| EBITDA | $1.8B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $6.3B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $4.4B |
| R&D Expenses | $966M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.6B |
| Other Expenses | $1.2B |
| Operating Expenses | $3.7B |
| Cost & Expenses | $5.6B |
| OPERATING INCOME | $654M |
| Interest Income | $93M |
| Interest Expense | $337M |
| Other Income/Expenses | -$244M |
| INCOME BEFORE TAX | $410M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $392M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$5M |
| NET INCOME | $387M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $387M |
| D&A | $1.1B |
| EBIT | $741M |
| EBITDA | $1.8B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $387M |
| Depreciation & Amortization | $1.1B |
| Stock-Based Compensation | $107M |
| Deferred Income Tax | $18M |
| Other Non-Cash Items | $19M |
| Change in Working Capital | -$197M |
| OPERATING CASH FLOW | $1.4B |
| Capital Expenditure | -$254M |
| Acquisitions (Net) | -$50M |
| Purchases of Investments | -$11M |
| Sales/Maturities of Investments | $77M |
| Other Investing Activities | $68M |
| NET CASH FROM INVESTING | -$170M |
| Net Debt Issuance | -$67M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$70M |
| Other Financing Activities | -$188M |
| NET CASH FROM FINANCING | -$325M |
| FREE CASH FLOW | $1.1B |
| Net Change in Cash | $953M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.0B |
| Short-Term Investments | $200M |
| Net Receivables | $5.0B |
| Inventory | $6.0B |
| Other Current Assets | $1.0B |
| TOTAL CURRENT ASSETS | $17.2B |
| PP&E (Net) | $11.0B |
| Goodwill | $31.3B |
| Intangible Assets | $26.2B |
| Long-Term Investments | $2.7B |
| Tax Assets | $2.5B |
| Other Non-Current Assets | $506M |
| TOTAL NON-CURRENT ASSETS | $74.2B |
| TOTAL ASSETS | $91.4B |
| Account Payables | $2.4B |
| Short-Term Debt | $3.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $7.8B |
| TOTAL CURRENT LIABILITIES | $15.0B |
| Long-Term Debt | $26.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.9B |
| Other Non-Current Liabilities | $5.3B |
| TOTAL NON-CURRENT LIABILITIES | $34.4B |
| TOTAL LIABILITIES | $49.3B |
| Common Stock | $10.5B |
| Additional Paid-In Capital | $10.6B |
| Retained Earnings | $9.6B |
| Treasury Stock | -$628M |
| Accum. Other Comp. Income | $12.0B |
| Other Equity | $6.3K |
| TOTAL STOCKHOLDERS' EQUITY | $42.1B |
| Minority Interest | $4M |
| TOTAL EQUITY | $42.1B |
| TOTAL LIABILITIES & EQUITY | $91.4B |
| Total Debt | $29.7B |
| Net Debt | $24.7B |
