| Metric | Q2 2022 | Q1 2022 | Q2 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.7B | $2.5B | $2.0B | 9.6% | 33.4% |
| Op. Income | $879M | $786M | $726M | 11.8% | 21.1% |
| Gross Margin | 63.1% | 69.6% | 75.3% | -6.5pp | -12.1pp |
| Net Margin | 22.9% | 22.8% | 24.9% | 0.1pp | -2.0pp |
| EPS (Diluted) | $2.57 | $2.34 | $2.07 | 9.9% | 24.3% |
| Free Cash Flow | -$8.4B | $6.7B | -$4.2B | -224.7% | -100.3% |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $32M |
| General & Administrative | $576M |
| SG&A Expenses | $609M |
| Other Expenses | $233M |
| Operating Expenses | $842M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $879M |
| Interest Income | $2.2B |
| Interest Expense | $781M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $879M |
| Income Tax Expense | $213M |
| Net Income from Continuing Ops | $666M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $623M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $608M |
| D&A | $156M |
| EBIT | $879M |
| EBITDA | $1.0B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $2.7B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $32M |
| General & Administrative | $576M |
| SG&A Expenses | $609M |
| Other Expenses | $233M |
| Operating Expenses | $842M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $879M |
| Interest Income | $2.2B |
| Interest Expense | $781M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $879M |
| Income Tax Expense | $213M |
| Net Income from Continuing Ops | $666M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $623M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $608M |
| D&A | $156M |
| EBIT | $879M |
| EBITDA | $1.0B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $623M |
| Depreciation & Amortization | $156M |
| Stock-Based Compensation | -$357.8K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $108M |
| Change in Working Capital | -$9.2B |
| OPERATING CASH FLOW | -$8.3B |
| Capital Expenditure | -$42M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2.1B |
| NET CASH FROM INVESTING | $2.1B |
| Net Debt Issuance | $3.5B |
| Common Stock Repurchased | -$434M |
| Common Dividends Paid | -$383M |
| Other Financing Activities | $6.4B |
| NET CASH FROM FINANCING | $9.1B |
| FREE CASH FLOW | -$8.4B |
| Net Change in Cash | $3.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.8B |
| Short-Term Investments | $24.5B |
| Net Receivables | $12.9B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $44.5B |
| PP&E (Net) | $3.7B |
| Goodwill | $240M |
| Intangible Assets | $844M |
| Long-Term Investments | $272.6B |
| Tax Assets | $59M |
| Other Non-Current Assets | $5.4B |
| TOTAL NON-CURRENT ASSETS | $282.9B |
| TOTAL ASSETS | $327.3B |
| Account Payables | $7.6B |
| Short-Term Debt | $695M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $226.4B |
| TOTAL CURRENT LIABILITIES | $236.0B |
| Long-Term Debt | $52.5B |
| Deferred Revenue NC | $220M |
| Deferred Tax Liabilities | $13M |
| Other Non-Current Liabilities | $18.5B |
| TOTAL NON-CURRENT LIABILITIES | $71.4B |
| TOTAL LIABILITIES | $307.4B |
| Common Stock | $2.5B |
| Additional Paid-In Capital | $461M |
| Retained Earnings | $15.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $110M |
| TOTAL STOCKHOLDERS' EQUITY | $18.2B |
| Minority Interest | $1.7B |
| TOTAL EQUITY | $19.9B |
| TOTAL LIABILITIES & EQUITY | $327.3B |
| Total Debt | $53.4B |
| Net Debt | $46.6B |
