| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.4B | $3.2B | $1.8B | 6.2% | 92.9% |
| Op. Income | $662M | $570M | $177M | 16.1% | 274.0% |
| Gross Margin | 46.1% | 44.7% | 45.8% | 1.3pp | 0.3pp |
| Net Margin | 16.1% | 54.9% | 9.1% | -38.8pp | 7.0pp |
| EPS (Diluted) | $0.45 | $1.45 | $0.14 | -69.0% | 221.4% |
| Free Cash Flow | $832M | $480M | -$120M | 73.3% | 793.3% |
| Item | Amount |
|---|---|
| REVENUE | $3.4B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $610M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $319M |
| Other Expenses | -$4M |
| Operating Expenses | $925M |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $662M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $644M |
| Income Tax Expense | $89M |
| Net Income from Continuing Ops | $555M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $555M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $555M |
| D&A | $107M |
| EBIT | $651M |
| EBITDA | $758M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.4B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $610M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $319M |
| Other Expenses | -$4M |
| Operating Expenses | $925M |
| Cost & Expenses | $2.8B |
| OPERATING INCOME | $662M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $644M |
| Income Tax Expense | $89M |
| Net Income from Continuing Ops | $555M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $555M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $555M |
| D&A | $107M |
| EBIT | $651M |
| EBITDA | $758M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $555M |
| Depreciation & Amortization | $107M |
| Stock-Based Compensation | $85M |
| Deferred Income Tax | $73M |
| Other Non-Cash Items | $21M |
| Change in Working Capital | $57M |
| OPERATING CASH FLOW | $898M |
| Capital Expenditure | -$66M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$858M |
| Sales/Maturities of Investments | $200M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$722M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $832M |
| Net Change in Cash | $168M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $1.4B |
| Net Receivables | $2.2B |
| Inventory | $1.7B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7.2B |
| PP&E (Net) | $922M |
| Goodwill | $289M |
| Intangible Assets | $203M |
| Long-Term Investments | $65M |
| Tax Assets | $1.2B |
| Other Non-Current Assets | $209M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $10.0B |
| Account Payables | $949M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $430M |
| TOTAL CURRENT LIABILITIES | $2.9B |
| Long-Term Debt | $313M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $155M |
| TOTAL NON-CURRENT LIABILITIES | $706M |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $12M |
| Additional Paid-In Capital | $10.7B |
| Retained Earnings | -$4.1B |
| Treasury Stock | -$141M |
| Accum. Other Comp. Income | $6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.5B |
| TOTAL LIABILITIES & EQUITY | $10.0B |
| Total Debt | $551M |
| Net Debt | -$1.2B |
