| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $578M | $580M | $354M | -0.4% | 63.1% |
| Op. Income | $298M | $310M | $234M | -3.8% | 27.2% |
| Gross Margin | 92.8% | 93.3% | 104.4% | -0.5pp | -11.6pp |
| Net Margin | 41.6% | 42.4% | 54.4% | -0.8pp | -12.8pp |
| EPS (Diluted) | $2.22 | $2.32 | $1.90 | -4.3% | 16.8% |
| Free Cash Flow | $597M | $577M | $90M | 3.3% | 565.2% |
| Item | Amount |
|---|---|
| REVENUE | $578M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $536M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $138M |
| SG&A Expenses | $143M |
| Other Expenses | $95M |
| Operating Expenses | $238M |
| Cost & Expenses | $280M |
| OPERATING INCOME | $298M |
| Interest Income | $485M |
| Interest Expense | $35M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $298M |
| Income Tax Expense | $58M |
| 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 | $237M |
| D&A | $17M |
| EBIT | $298M |
| EBITDA | $315M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $578M |
| Cost of Revenue | $42M |
| GROSS PROFIT | $536M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $138M |
| SG&A Expenses | $143M |
| Other Expenses | $95M |
| Operating Expenses | $238M |
| Cost & Expenses | $280M |
| OPERATING INCOME | $298M |
| Interest Income | $485M |
| Interest Expense | $35M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $298M |
| Income Tax Expense | $58M |
| 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 | $237M |
| D&A | $17M |
| EBIT | $298M |
| EBITDA | $315M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $240M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $35M |
| Other Non-Cash Items | $361M |
| Change in Working Capital | -$39M |
| OPERATING CASH FLOW | $623M |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | -$50M |
| Purchases of Investments | -$962M |
| Sales/Maturities of Investments | $378M |
| Other Investing Activities | -$1.9B |
| NET CASH FROM INVESTING | -$2.6B |
| Net Debt Issuance | -$524M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$41M |
| Other Financing Activities | $4.5B |
| NET CASH FROM FINANCING | $4.1B |
| FREE CASH FLOW | $597M |
| Net Change in Cash | $2.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.6B |
| Short-Term Investments | $43M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $338M |
| Goodwill | $530M |
| Intangible Assets | $1.1B |
| Long-Term Investments | $54.5B |
| Tax Assets | $68M |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $57.9B |
| TOTAL ASSETS | $60.6B |
| Account Payables | $0 |
| Short-Term Debt | $70M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $52.2B |
| TOTAL CURRENT LIABILITIES | $52.2B |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.5B |
| TOTAL NON-CURRENT LIABILITIES | $3.3B |
| TOTAL LIABILITIES | $55.6B |
| Common Stock | $2.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $3.0B |
| Treasury Stock | -$104M |
| Accum. Other Comp. Income | -$235M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.0B |
| TOTAL LIABILITIES & EQUITY | $60.6B |
| Total Debt | $1.9B |
| Net Debt | -$721M |
