| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $462M | $415M | $379M | 11.2% | 21.8% |
| Op. Income | $288M | $170M | -$65M | 69.6% | 544.4% |
| Gross Margin | 94.4% | 91.7% | 93.9% | 2.7pp | 0.5pp |
| Net Margin | 51.9% | 27.0% | 7.5% | 24.9pp | 44.5pp |
| EPS (Diluted) | $5.03 | $2.35 | $0.61 | 114.0% | 724.6% |
| Free Cash Flow | $275M | $104M | $79M | 164.6% | 247.5% |
| Item | Amount |
|---|---|
| REVENUE | $462M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $436M |
| R&D Expenses | $69M |
| Selling & Marketing | $15M |
| General & Administrative | $65M |
| SG&A Expenses | $79M |
| Other Expenses | $0 |
| Operating Expenses | $148M |
| Cost & Expenses | $174M |
| OPERATING INCOME | $288M |
| Interest Income | $4M |
| Interest Expense | $5M |
| Other Income/Expenses | $21M |
| INCOME BEFORE TAX | $309M |
| Income Tax Expense | $69M |
| Net Income from Continuing Ops | $240M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $240M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $240M |
| D&A | $13M |
| EBIT | $288M |
| EBITDA | $301M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $462M |
| Cost of Revenue | $26M |
| GROSS PROFIT | $436M |
| R&D Expenses | $69M |
| Selling & Marketing | $15M |
| General & Administrative | $65M |
| SG&A Expenses | $79M |
| Other Expenses | $0 |
| Operating Expenses | $148M |
| Cost & Expenses | $174M |
| OPERATING INCOME | $288M |
| Interest Income | $4M |
| Interest Expense | $5M |
| Other Income/Expenses | $21M |
| INCOME BEFORE TAX | $309M |
| Income Tax Expense | $69M |
| Net Income from Continuing Ops | $240M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $240M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $240M |
| D&A | $13M |
| EBIT | $288M |
| EBITDA | $301M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $240M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | -$21M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$11M |
| Change in Working Capital | $68M |
| OPERATING CASH FLOW | $289M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$478M |
| Sales/Maturities of Investments | $132M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$359M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$11M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $100.0K |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | $275M |
| Net Change in Cash | -$82M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $813M |
| Short-Term Investments | $1.5B |
| Net Receivables | $171M |
| Inventory | $88M |
| Other Current Assets | $60M |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $784M |
| Goodwill | $28M |
| Intangible Assets | $17M |
| Long-Term Investments | $1.6B |
| Tax Assets | $272M |
| Other Non-Current Assets | $113M |
| TOTAL NON-CURRENT ASSETS | $2.8B |
| TOTAL ASSETS | $5.4B |
| Account Payables | $166M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $126M |
| TOTAL CURRENT LIABILITIES | $293M |
| Long-Term Debt | $800M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $91M |
| TOTAL NON-CURRENT LIABILITIES | $891M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $700.0K |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $4.6B |
| Treasury Stock | -$2.6B |
| Accum. Other Comp. Income | -$54M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.2B |
| TOTAL LIABILITIES & EQUITY | $5.4B |
| Total Debt | $800M |
| Net Debt | -$13M |
