| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.2B | $7.1B | $5.7B | 1.8% | 25.5% |
| Op. Income | $4.8B | $4.8B | $3.6B | 0.5% | 34.1% |
| Gross Margin | 80.3% | 81.4% | 77.4% | -1.1pp | 2.9pp |
| Net Margin | 50.7% | 56.1% | 52.8% | -5.4pp | -2.1pp |
| EPS (Diluted) | $1.70 | $1.83 | $1.38 | -7.1% | 23.2% |
| Free Cash Flow | $3.2B | $4.1B | $3.2B | -20.6% | 1.6% |
| Item | Amount |
|---|---|
| REVENUE | $7.2B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $5.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $314M |
| General & Administrative | $450M |
| SG&A Expenses | $764M |
| Other Expenses | $207M |
| Operating Expenses | $971M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $4.8B |
| Interest Income | $0 |
| Interest Expense | $134M |
| Other Income/Expenses | -$260M |
| INCOME BEFORE TAX | $4.5B |
| Income Tax Expense | $895M |
| Net Income from Continuing Ops | $3.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.6B |
| D&A | $207M |
| EBIT | $4.7B |
| EBITDA | $4.9B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $7.2B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $5.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $314M |
| General & Administrative | $450M |
| SG&A Expenses | $764M |
| Other Expenses | $207M |
| Operating Expenses | $971M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $4.8B |
| Interest Income | $0 |
| Interest Expense | $134M |
| Other Income/Expenses | -$260M |
| INCOME BEFORE TAX | $4.5B |
| Income Tax Expense | $895M |
| Net Income from Continuing Ops | $3.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $3.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3.6B |
| D&A | $207M |
| EBIT | $4.7B |
| EBITDA | $4.9B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $3.6B |
| Depreciation & Amortization | $207M |
| Stock-Based Compensation | $190M |
| Deferred Income Tax | $36M |
| Other Non-Cash Items | $2.6B |
| Change in Working Capital | -$3.2B |
| OPERATING CASH FLOW | $3.5B |
| Capital Expenditure | -$267M |
| Acquisitions (Net) | -$1.1B |
| Purchases of Investments | -$1.0B |
| Sales/Maturities of Investments | $601M |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | -$1.8B |
| Net Debt Issuance | $300M |
| Common Stock Repurchased | -$2.9B |
| Common Dividends Paid | -$802M |
| Other Financing Activities | $51M |
| NET CASH FROM FINANCING | -$3.4B |
| FREE CASH FLOW | $3.2B |
| Net Change in Cash | -$1.8B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $12.3B |
| Short-Term Investments | $1.2B |
| Net Receivables | $3.8B |
| Inventory | $0 |
| Other Current Assets | $4.5B |
| TOTAL CURRENT ASSETS | $24.1B |
| PP&E (Net) | $3.1B |
| Goodwill | $18.1B |
| Intangible Assets | $27.0B |
| Long-Term Investments | $2.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | $7.2B |
| TOTAL NON-CURRENT ASSETS | $57.7B |
| TOTAL ASSETS | $81.8B |
| Account Payables | $182M |
| Short-Term Debt | $3.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14.1B |
| TOTAL CURRENT LIABILITIES | $18.7B |
| Long-Term Debt | $17.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6.1B |
| Other Non-Current Liabilities | $3.6B |
| TOTAL NON-CURRENT LIABILITIES | $27.1B |
| TOTAL LIABILITIES | $45.8B |
| Common Stock | $0 |
| Additional Paid-In Capital | $18.9B |
| Retained Earnings | $14.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$405M |
| Other Equity | -$120M |
| TOTAL STOCKHOLDERS' EQUITY | $36.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $36.0B |
| TOTAL LIABILITIES & EQUITY | $81.8B |
| Total Debt | $21.0B |
| Net Debt | $8.7B |
