| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.5B | $2.3B | $2.0B | 9.8% | 23.9% |
| Op. Income | $786M | $361M | $636M | 118.1% | 23.7% |
| Gross Margin | 69.6% | 69.5% | 71.7% | 0.2pp | -2.0pp |
| Net Margin | 22.8% | 10.3% | 22.4% | 12.5pp | 0.3pp |
| EPS (Diluted) | $2.34 | $1.12 | $1.83 | 108.7% | 27.8% |
| Free Cash Flow | $6.7B | -$206M | $722M | 3357.4% | 830.2% |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $755M |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $14M |
| General & Administrative | $599M |
| SG&A Expenses | $613M |
| Other Expenses | $332M |
| Operating Expenses | $945M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $786M |
| Interest Income | $2.0B |
| Interest Expense | $643M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $786M |
| Income Tax Expense | $198M |
| Net Income from Continuing Ops | $589M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $566M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $554M |
| D&A | $148M |
| EBIT | $786M |
| EBITDA | $934M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $755M |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $14M |
| General & Administrative | $599M |
| SG&A Expenses | $613M |
| Other Expenses | $332M |
| Operating Expenses | $945M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $786M |
| Interest Income | $2.0B |
| Interest Expense | $643M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $786M |
| Income Tax Expense | $198M |
| Net Income from Continuing Ops | $589M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $566M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $554M |
| D&A | $148M |
| EBIT | $786M |
| EBITDA | $934M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $589M |
| Depreciation & Amortization | $148M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $198M |
| Other Non-Cash Items | $345M |
| Change in Working Capital | $5.5B |
| OPERATING CASH FLOW | $6.8B |
| Capital Expenditure | -$36M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7.6B |
| Sales/Maturities of Investments | $5.6B |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$2.0B |
| Net Debt Issuance | $1.5B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $179M |
| NET CASH FROM FINANCING | $1.7B |
| FREE CASH FLOW | $6.7B |
| Net Change in Cash | $6.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.8B |
| Short-Term Investments | $27.3B |
| Net Receivables | $11.2B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $47.5B |
| PP&E (Net) | $3.5B |
| Goodwill | $235M |
| Intangible Assets | $875M |
| Long-Term Investments | $257.6B |
| Tax Assets | $15M |
| Other Non-Current Assets | $4.6B |
| TOTAL NON-CURRENT ASSETS | $266.8B |
| TOTAL ASSETS | $314.4B |
| Account Payables | $6.1B |
| Short-Term Debt | $620M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $218.6B |
| TOTAL CURRENT LIABILITIES | $226.6B |
| Long-Term Debt | $48.6B |
| Deferred Revenue NC | $202M |
| Deferred Tax Liabilities | $33M |
| Other Non-Current Liabilities | $18.8B |
| TOTAL NON-CURRENT LIABILITIES | $67.9B |
| TOTAL LIABILITIES | $294.6B |
| Common Stock | $2.5B |
| Additional Paid-In Capital | $461M |
| Retained Earnings | $14.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $217M |
| TOTAL STOCKHOLDERS' EQUITY | $17.7B |
| Minority Interest | $2.0B |
| TOTAL EQUITY | $19.8B |
| TOTAL LIABILITIES & EQUITY | $314.4B |
| Total Debt | $49.5B |
| Net Debt | $40.7B |
