Contribution Margin Actual vs Outlook
Condensed Consolidated Statement of Operations
($ in millions, except per share items)
Revenue
Cost and expenses
Fiscal 2021
Fiscal 2022
Q1
Q2
Q3
Q4
Total
Q1
$
609.0
$
765.0
$
864.4
$
969.9
$
3,208.3
$
875.6
Cost of revenue
412.0
346.9
392.2
551.2
1,702.3
440.3
Operations and support
Research and development
Sales and marketing
General and administrative
Total costs and expenses
Loss from operations
Interest expense
Other income (expense), net¹
Loss before income taxes
Provision for (benefit from) income taxes
88.9
93.8
109.7
109.9
402.2
98.6
238.2
252.0
226.7
195.0
911.9
192.8
78.6
99.9
109.0
123.9
411.4
126.3
207.6
212.5
231.9
263.6
915.6
216.9
1,025.4
1,005.1
1,069.4
1,243.6
4,343.5
1,074.9
(416.4)
(240.1)
(205.0)
(273.6)
(1,135.2)
(199.3)
(12.6)
(12.8)
(13.1)
(13.1)
(51.6)
(4.5)
3.6
1.7
125.0
5.5
(425.4)
(251.2)
(93.1)
(281.2)
135.9
(1,050.9)
9.8
(194.1)
1.9
0.7
Net loss
$
(427.3)
$
(251.9)
$
Net loss per share, basic and diluted
$
(1.31)
$
(0.76)
$
6.6
(99.7) $
(0.30)
2.0
11.2
2.8
(283.2)
$
(1,062.1)
$
(196.9)
$
(0.83)
$
(3.17)
$
(0.57)
Weighted-average shares used to compute net loss per share, basic
and diluted
326.2
332.1
337.8
342.7
334.7
346.6
(1)
Note:
Other income (expense), net includes a benefit from a pre-tax gain from the divestiture relating to our self-driving vehicle division, Level 5 in Q3'21.
Due to rounding, numbers presented may not add up precisely to the totals provided.
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