| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $635M | $514M | $304M | 23.5% | 108.6% |
| Op. Income | $237M | -$50M | $128M | 571.0% | 85.2% |
| Gross Margin | 93.8% | 60.2% | 103.5% | 33.6pp | -9.7pp |
| Net Margin | 28.7% | -3.3% | 30.9% | 32.0pp | -2.2pp |
| EPS (Diluted) | $1.00 | $-0.14 | $1.01 | 814.3% | -1.0% |
| Free Cash Flow | $418M | $211M | $81M | 98.6% | 418.5% |
| Item | Amount |
|---|---|
| REVENUE | $635M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $595M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $170M |
| SG&A Expenses | $174M |
| Other Expenses | $185M |
| Operating Expenses | $358M |
| Cost & Expenses | $398M |
| OPERATING INCOME | $237M |
| Interest Income | $514M |
| Interest Expense | $27M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $237M |
| Income Tax Expense | $55M |
| Net Income from Continuing Ops | $182M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $182M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $176M |
| D&A | $25M |
| EBIT | $237M |
| EBITDA | $262M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $635M |
| Cost of Revenue | $39M |
| GROSS PROFIT | $595M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $170M |
| SG&A Expenses | $174M |
| Other Expenses | $185M |
| Operating Expenses | $358M |
| Cost & Expenses | $398M |
| OPERATING INCOME | $237M |
| Interest Income | $514M |
| Interest Expense | $27M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $237M |
| Income Tax Expense | $55M |
| Net Income from Continuing Ops | $182M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $182M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $176M |
| D&A | $25M |
| EBIT | $237M |
| EBITDA | $262M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $182M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | -$16M |
| Other Non-Cash Items | $56M |
| Change in Working Capital | $155M |
| OPERATING CASH FLOW | $424M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$779M |
| Sales/Maturities of Investments | $389M |
| Other Investing Activities | -$2.2B |
| NET CASH FROM INVESTING | -$2.6B |
| Net Debt Issuance | $2.5B |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | -$71M |
| Other Financing Activities | -$54M |
| NET CASH FROM FINANCING | $2.3B |
| FREE CASH FLOW | $418M |
| Net Change in Cash | $109M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $811M |
| Short-Term Investments | $34M |
| Net Receivables | $1.8B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $450M |
| Goodwill | $2.5B |
| Intangible Assets | $216M |
| Long-Term Investments | $58.5B |
| Tax Assets | $270M |
| Other Non-Current Assets | $3.1B |
| TOTAL NON-CURRENT ASSETS | $65.0B |
| TOTAL ASSETS | $67.6B |
| Account Payables | $0 |
| Short-Term Debt | $1.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $53.1B |
| TOTAL CURRENT LIABILITIES | $56.0B |
| Long-Term Debt | $3.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3.6B |
| TOTAL LIABILITIES | $59.6B |
| Common Stock | $2M |
| Additional Paid-In Capital | $6.1B |
| Retained Earnings | $2.4B |
| Treasury Stock | -$339M |
| Accum. Other Comp. Income | -$481M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $8.0B |
| TOTAL LIABILITIES & EQUITY | $67.6B |
| Total Debt | $5.3B |
| Net Debt | $4.5B |
