| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $651M | $578M | $514M | 12.7% | 26.7% |
| Op. Income | $324M | $298M | $276M | 8.5% | 17.2% |
| Gross Margin | 88.8% | 92.8% | 97.4% | -4.0pp | -8.6pp |
| Net Margin | 40.0% | 41.6% | 43.6% | -1.6pp | -3.6pp |
| EPS (Diluted) | $2.39 | $2.22 | $2.17 | 7.7% | 10.1% |
| Free Cash Flow | $316M | $597M | -$1.2B | -47.1% | 125.7% |
| Item | Amount |
|---|---|
| REVENUE | $651M |
| Cost of Revenue | $73M |
| GROSS PROFIT | $578M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $139M |
| SG&A Expenses | $144M |
| Other Expenses | $110M |
| Operating Expenses | $254M |
| Cost & Expenses | $327M |
| OPERATING INCOME | $324M |
| Interest Income | $580M |
| Interest Expense | $55M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $324M |
| Income Tax Expense | $63M |
| Net Income from Continuing Ops | $260M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $260M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $257M |
| D&A | $17M |
| EBIT | $324M |
| EBITDA | $341M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $651M |
| Cost of Revenue | $73M |
| GROSS PROFIT | $578M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $139M |
| SG&A Expenses | $144M |
| Other Expenses | $110M |
| Operating Expenses | $254M |
| Cost & Expenses | $327M |
| OPERATING INCOME | $324M |
| Interest Income | $580M |
| Interest Expense | $55M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $324M |
| Income Tax Expense | $63M |
| Net Income from Continuing Ops | $260M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $260M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $257M |
| D&A | $17M |
| EBIT | $324M |
| EBITDA | $341M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $260M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$46M |
| Other Non-Cash Items | $114M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $337M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.6B |
| Sales/Maturities of Investments | $185M |
| Other Investing Activities | -$5.7B |
| NET CASH FROM INVESTING | -$7.1B |
| Net Debt Issuance | $4.5B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$41M |
| Other Financing Activities | $1.6B |
| NET CASH FROM FINANCING | $6.0B |
| FREE CASH FLOW | $316M |
| Net Change in Cash | -$717M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.9B |
| Short-Term Investments | $44M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $346M |
| Goodwill | $530M |
| Intangible Assets | $991M |
| Long-Term Investments | $60.4B |
| Tax Assets | $223M |
| Other Non-Current Assets | $1.6B |
| TOTAL NON-CURRENT ASSETS | $64.1B |
| TOTAL ASSETS | $66.1B |
| Account Payables | $0 |
| Short-Term Debt | $4.0B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $53.7B |
| TOTAL CURRENT LIABILITIES | $57.7B |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $3.4B |
| TOTAL LIABILITIES | $61.1B |
| Common Stock | $2.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $3.2B |
| Treasury Stock | -$104M |
| Accum. Other Comp. Income | -$518M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.0B |
| TOTAL LIABILITIES & EQUITY | $66.1B |
| Total Debt | $6.3B |
| Net Debt | $4.4B |
