| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $585M | $516M | $368M | 13.4% | 59.0% |
| Op. Income | $489M | $378M | $282M | 29.4% | 73.4% |
| Gross Margin | 87.0% | 85.9% | 82.1% | 1.2pp | 4.9pp |
| Net Margin | 81.7% | 72.3% | 75.3% | 9.4pp | 6.4pp |
| EPS (Diluted) | $1.09 | $0.87 | $0.65 | 25.3% | 67.7% |
| Free Cash Flow | $294M | $38M | -$545M | 673.7% | 153.9% |
| Item | Amount |
|---|---|
| REVENUE | $585M |
| Cost of Revenue | $76M |
| GROSS PROFIT | $509M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $11M |
| Operating Expenses | $20M |
| Cost & Expenses | $96M |
| OPERATING INCOME | $489M |
| Interest Income | $305M |
| Interest Expense | $76M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $489M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $478M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $478M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $478M |
| D&A | $0 |
| EBIT | $489M |
| EBITDA | $489M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $585M |
| Cost of Revenue | $76M |
| GROSS PROFIT | $509M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $11M |
| Operating Expenses | $20M |
| Cost & Expenses | $96M |
| OPERATING INCOME | $489M |
| Interest Income | $305M |
| Interest Expense | $76M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $489M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $478M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $478M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $478M |
| D&A | $0 |
| EBIT | $489M |
| EBITDA | $489M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $478M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$308M |
| Change in Working Capital | $124M |
| OPERATING CASH FLOW | $294M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$4.0B |
| Sales/Maturities of Investments | $2.5B |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1.5B |
| Net Debt Issuance | $1.3B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$167M |
| Other Financing Activities | -$17M |
| NET CASH FROM FINANCING | $1.3B |
| FREE CASH FLOW | $294M |
| Net Change in Cash | $78M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $377M |
| Short-Term Investments | $0 |
| Net Receivables | $312M |
| Inventory | $0 |
| Other Current Assets | $57M |
| TOTAL CURRENT ASSETS | $746M |
| PP&E (Net) | $34M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $17.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | $110M |
| TOTAL NON-CURRENT ASSETS | $17.3B |
| TOTAL ASSETS | $18.0B |
| Account Payables | $163M |
| Short-Term Debt | $20M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $514M |
| Long-Term Debt | $9.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $57M |
| TOTAL NON-CURRENT LIABILITIES | $9.4B |
| TOTAL LIABILITIES | $9.9B |
| Common Stock | $0 |
| Additional Paid-In Capital | $8.1B |
| Retained Earnings | $19M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $8.1B |
| TOTAL LIABILITIES & EQUITY | $18.0B |
| Total Debt | $9.4B |
| Net Debt | $9.0B |
