| Metric | Q1 2022 | Q4 2021 | Q1 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $536M | $535M | $1.2B | 0.2% | -56.0% |
| Op. Income | $408M | $32M | $88M | 1175.0% | 363.6% |
| Gross Margin | 82.8% | 82.2% | 41.6% | 0.6pp | 41.2pp |
| Net Margin | 3.0% | -48.8% | 4.3% | 51.8pp | -1.3pp |
| EPS (Diluted) | $0.06 | $-1.03 | $0.20 | 106.2% | -68.3% |
| Free Cash Flow | $3.4B | -$250M | $225M | 1441.5% | 1390.7% |
| Item | Amount |
|---|---|
| REVENUE | $536M |
| Cost of Revenue | $92M |
| GROSS PROFIT | $444M |
| R&D Expenses | $121M |
| Selling & Marketing | $174M |
| General & Administrative | $112M |
| SG&A Expenses | $286M |
| Other Expenses | -$371M |
| Operating Expenses | $36M |
| Cost & Expenses | $128M |
| OPERATING INCOME | $408M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$378M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | -$9M |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $30M |
| EBIT | $50M |
| EBITDA | $80M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $536M |
| Cost of Revenue | $92M |
| GROSS PROFIT | $444M |
| R&D Expenses | $121M |
| Selling & Marketing | $174M |
| General & Administrative | $112M |
| SG&A Expenses | $286M |
| Other Expenses | -$371M |
| Operating Expenses | $36M |
| Cost & Expenses | $128M |
| OPERATING INCOME | $408M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$378M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | -$9M |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $30M |
| EBIT | $50M |
| EBITDA | $80M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $49M |
| Stock-Based Compensation | $91M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $47M |
| Change in Working Capital | $3.2B |
| OPERATING CASH FLOW | $3.4B |
| Capital Expenditure | -$38M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$525M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$563M |
| Net Debt Issuance | -$2.7B |
| Common Stock Repurchased | -$348M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $36M |
| NET CASH FROM FINANCING | -$3.0B |
| FREE CASH FLOW | $3.4B |
| Net Change in Cash | -$152M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.6B |
| Short-Term Investments | $1.0B |
| Net Receivables | $99M |
| Inventory | $494M |
| Other Current Assets | $185M |
| TOTAL CURRENT ASSETS | $4.8B |
| PP&E (Net) | $374M |
| Goodwill | $2.4B |
| Intangible Assets | $165M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $117M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $7.8B |
| Account Payables | $24M |
| Short-Term Debt | $878M |
| Deferred Revenue | $56M |
| Other Current Liabilities | $119M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $0 |
| Additional Paid-In Capital | $6.3B |
| Retained Earnings | -$1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.8B |
| TOTAL LIABILITIES & EQUITY | $7.8B |
| Total Debt | $2.7B |
| Net Debt | $119M |
