| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.6B | $1.3B | 6.6% | 26.1% |
| Op. Income | $520M | $464M | $344M | 12.0% | 51.1% |
| Gross Margin | 68.4% | 67.1% | 64.3% | 1.3pp | 4.1pp |
| Net Margin | 25.5% | 24.9% | 20.3% | 0.5pp | 5.1pp |
| EPS (Diluted) | $1.14 | $1.04 | $0.72 | 9.6% | 58.3% |
| Free Cash Flow | $677M | $361M | $369M | 87.8% | 83.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $525M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $302M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $207M |
| Other Expenses | $108M |
| Operating Expenses | $617M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $520M |
| Interest Income | $290.0K |
| Interest Expense | $43M |
| Other Income/Expenses | -$44M |
| INCOME BEFORE TAX | $476M |
| Income Tax Expense | $53M |
| Net Income from Continuing Ops | $423M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $423M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $423M |
| D&A | $198M |
| EBIT | $519M |
| EBITDA | $717M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $525M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $302M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $207M |
| Other Expenses | $108M |
| Operating Expenses | $617M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $520M |
| Interest Income | $290.0K |
| Interest Expense | $43M |
| Other Income/Expenses | -$44M |
| INCOME BEFORE TAX | $476M |
| Income Tax Expense | $53M |
| Net Income from Continuing Ops | $423M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $423M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $423M |
| D&A | $198M |
| EBIT | $519M |
| EBITDA | $717M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $423M |
| Depreciation & Amortization | $198M |
| Stock-Based Compensation | $40M |
| Deferred Income Tax | -$21M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | $85M |
| OPERATING CASH FLOW | $736M |
| Capital Expenditure | -$59M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$61M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$189M |
| Common Dividends Paid | -$254M |
| Other Financing Activities | $24M |
| NET CASH FROM FINANCING | -$420M |
| FREE CASH FLOW | $677M |
| Net Change in Cash | $257M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $0 |
| Net Receivables | $814M |
| Inventory | $641M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $1.2B |
| Goodwill | $12.3B |
| Intangible Assets | $3.4B |
| Long-Term Investments | $94M |
| Tax Assets | $1.4B |
| Other Non-Current Assets | $307M |
| TOTAL NON-CURRENT ASSETS | $18.7B |
| TOTAL ASSETS | $21.6B |
| Account Payables | $279M |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.8B |
| Long-Term Debt | $3.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.8B |
| Other Non-Current Liabilities | $987M |
| TOTAL NON-CURRENT LIABILITIES | $6.6B |
| TOTAL LIABILITIES | $9.4B |
| Common Stock | $61M |
| Additional Paid-In Capital | $4.7B |
| Retained Earnings | $7.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$183M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $12.2B |
| TOTAL LIABILITIES & EQUITY | $21.6B |
| Total Debt | $5.1B |
| Net Debt | $3.8B |
