| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $16.9B | — | $12.0B | — | 41.6% |
| Op. Income | $2.5B | — | $1.3B | — | 87.8% |
| Gross Margin | 25.0% | — | 24.1% | — | 0.9pp |
| Net Margin | 13.3% | — | 9.6% | — | 3.8pp |
| EPS (Diluted) | $0.65 | — | $0.34 | — | 91.2% |
| Free Cash Flow | $621M | — | $609M | — | 2.0% |
| Item | Amount |
|---|---|
| REVENUE | $16.9B |
| Cost of Revenue | $12.7B |
| GROSS PROFIT | $4.2B |
| R&D Expenses | $667M |
| Selling & Marketing | $0 |
| General & Administrative | $961M |
| SG&A Expenses | $961M |
| Other Expenses | $142M |
| Operating Expenses | $1.8B |
| Cost & Expenses | $14.5B |
| OPERATING INCOME | $2.5B |
| Interest Income | $26M |
| Interest Expense | $44M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $2.5B |
| Income Tax Expense | $205M |
| Net Income from Continuing Ops | $2.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.3B |
| D&A | $922M |
| EBIT | $2.5B |
| EBITDA | $3.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $16.9B |
| Cost of Revenue | $12.7B |
| GROSS PROFIT | $4.2B |
| R&D Expenses | $667M |
| Selling & Marketing | $0 |
| General & Administrative | $961M |
| SG&A Expenses | $961M |
| Other Expenses | $142M |
| Operating Expenses | $1.8B |
| Cost & Expenses | $14.5B |
| OPERATING INCOME | $2.5B |
| Interest Income | $26M |
| Interest Expense | $44M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $2.5B |
| Income Tax Expense | $205M |
| Net Income from Continuing Ops | $2.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.3B |
| D&A | $922M |
| EBIT | $2.5B |
| EBITDA | $3.4B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $2.3B |
| Depreciation & Amortization | $922M |
| Stock-Based Compensation | $361M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $158M |
| Change in Working Capital | -$1.3B |
| OPERATING CASH FLOW | $2.4B |
| Capital Expenditure | -$1.7B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$90M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $936M |
| NET CASH FROM INVESTING | -$884M |
| Net Debt Issuance | -$402M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$47M |
| NET CASH FROM FINANCING | -$406M |
| FREE CASH FLOW | $621M |
| Net Change in Cash | $847M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18.3B |
| Short-Term Investments | $591M |
| Net Receivables | $2.1B |
| Inventory | $8.1B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $31.2B |
| PP&E (Net) | $33.7B |
| Goodwill | $196M |
| Intangible Assets | $459M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.9B |
| TOTAL NON-CURRENT ASSETS | $37.3B |
| TOTAL ASSETS | $68.5B |
| Account Payables | $11.2B |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $3.0B |
| Other Current Liabilities | $1.4B |
| TOTAL CURRENT LIABILITIES | $21.8B |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $2.2B |
| Deferred Tax Liabilities | $22M |
| Other Non-Current Liabilities | $2.1B |
| TOTAL NON-CURRENT LIABILITIES | $9.0B |
| TOTAL LIABILITIES | $30.9B |
| Common Stock | $1M |
| Additional Paid-In Capital | $30.9B |
| Retained Earnings | $5.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$477M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $36.4B |
| Minority Interest | $1.3B |
| TOTAL EQUITY | $37.7B |
| TOTAL LIABILITIES & EQUITY | $68.5B |
| Total Debt | $6.7B |
| Net Debt | -$11.7B |
