| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.6B | $5.2B | $4.0B | 8.1% | 41.1% |
| Op. Income | $1.6B | $1.3B | $932M | 23.1% | 69.4% |
| Gross Margin | 47.5% | 45.5% | 44.2% | 2.0pp | 3.3pp |
| Net Margin | 23.8% | 21.9% | 19.1% | 1.9pp | 4.7pp |
| EPS (Diluted) | $1.43 | $1.22 | $0.82 | 17.2% | 74.4% |
| Free Cash Flow | $983M | $1.3B | $564M | -24.4% | 74.3% |
| Item | Amount |
|---|---|
| REVENUE | $5.6B |
| Cost of Revenue | $2.9B |
| GROSS PROFIT | $2.7B |
| R&D Expenses | $617M |
| Selling & Marketing | $148M |
| General & Administrative | $149M |
| SG&A Expenses | $297M |
| Other Expenses | $160M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $4.0B |
| OPERATING INCOME | $1.6B |
| Interest Income | $27M |
| Interest Expense | $61M |
| Other Income/Expenses | -$34M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $215M |
| Net Income from Continuing Ops | $1.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.3B |
| D&A | $97M |
| EBIT | $1.6B |
| EBITDA | $1.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.6B |
| Cost of Revenue | $2.9B |
| GROSS PROFIT | $2.7B |
| R&D Expenses | $617M |
| Selling & Marketing | $148M |
| General & Administrative | $149M |
| SG&A Expenses | $297M |
| Other Expenses | $160M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $4.0B |
| OPERATING INCOME | $1.6B |
| Interest Income | $27M |
| Interest Expense | $61M |
| Other Income/Expenses | -$34M |
| INCOME BEFORE TAX | $1.5B |
| Income Tax Expense | $215M |
| Net Income from Continuing Ops | $1.3B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1.3B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1.3B |
| D&A | $97M |
| EBIT | $1.6B |
| EBITDA | $1.7B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $1.3B |
| Depreciation & Amortization | $97M |
| Stock-Based Compensation | $84M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | -$14M |
| Change in Working Capital | -$306M |
| OPERATING CASH FLOW | $1.2B |
| Capital Expenditure | -$204M |
| Acquisitions (Net) | $204M |
| Purchases of Investments | -$281M |
| Sales/Maturities of Investments | $266M |
| Other Investing Activities | -$204M |
| NET CASH FROM INVESTING | -$219M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$750M |
| Common Dividends Paid | -$202M |
| Other Financing Activities | -$17M |
| NET CASH FROM FINANCING | -$883M |
| FREE CASH FLOW | $983M |
| Net Change in Cash | $85M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.3B |
| Short-Term Investments | $460M |
| Net Receivables | $3.6B |
| Inventory | $4.1B |
| Other Current Assets | $587M |
| TOTAL CURRENT ASSETS | $15.0B |
| PP&E (Net) | $2.0B |
| Goodwill | $3.5B |
| Intangible Assets | $127M |
| Long-Term Investments | $1.6B |
| Tax Assets | $1.7B |
| Other Non-Current Assets | $251M |
| TOTAL NON-CURRENT ASSETS | $9.1B |
| TOTAL ASSETS | $24.1B |
| Account Payables | $1.3B |
| Short-Term Debt | $65M |
| Deferred Revenue | $1.7B |
| Other Current Liabilities | $967M |
| TOTAL CURRENT LIABILITIES | $4.8B |
| Long-Term Debt | $5.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.6B |
| TOTAL NON-CURRENT LIABILITIES | $7.3B |
| TOTAL LIABILITIES | $12.1B |
| Common Stock | $9M |
| Additional Paid-In Capital | $8.0B |
| Retained Earnings | $29.2B |
| Treasury Stock | -$25.0B |
| Accum. Other Comp. Income | -$290M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $12.0B |
| TOTAL LIABILITIES & EQUITY | $24.1B |
| Total Debt | $5.7B |
| Net Debt | -$602M |
