| Metric | Q1 2021 | Q4 2020 | Q1 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $9.8B | $9.7B | $11.0B | 0.7% | -11.1% |
| Op. Income | $3.0B | $1.9B | $452M | 61.1% | 562.2% |
| Gross Margin | 103.2% | 97.1% | 69.8% | 6.1pp | 33.4pp |
| Net Margin | 22.8% | 14.8% | 3.3% | 8.0pp | 19.5pp |
| EPS (Diluted) | $2.74 | $1.76 | $0.41 | 55.7% | 568.3% |
| Free Cash Flow | $2.0B | $3.1B | -$2.6B | -36.0% | 176.8% |
| Item | Amount |
|---|---|
| REVENUE | $9.8B |
| Cost of Revenue | -$313M |
| GROSS PROFIT | $10.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $964M |
| General & Administrative | $1.6B |
| SG&A Expenses | $2.5B |
| Other Expenses | $4.6B |
| Operating Expenses | $7.1B |
| Cost & Expenses | $6.8B |
| OPERATING INCOME | $3.0B |
| Interest Income | $2.2B |
| Interest Expense | $362M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3.0B |
| Income Tax Expense | $758M |
| Net Income from Continuing Ops | $2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.2B |
| D&A | $422M |
| EBIT | $3.0B |
| EBITDA | $3.4B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $9.8B |
| Cost of Revenue | -$313M |
| GROSS PROFIT | $10.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $964M |
| General & Administrative | $1.6B |
| SG&A Expenses | $2.5B |
| Other Expenses | $4.6B |
| Operating Expenses | $7.1B |
| Cost & Expenses | $6.8B |
| OPERATING INCOME | $3.0B |
| Interest Income | $2.2B |
| Interest Expense | $362M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $3.0B |
| Income Tax Expense | $758M |
| Net Income from Continuing Ops | $2.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $2.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2.2B |
| D&A | $422M |
| EBIT | $3.0B |
| EBITDA | $3.4B |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $2.2B |
| Depreciation & Amortization | $422M |
| Stock-Based Compensation | $98M |
| Deferred Income Tax | $194M |
| Other Non-Cash Items | -$950M |
| Change in Working Capital | $281M |
| OPERATING CASH FLOW | $2.3B |
| Capital Expenditure | -$319M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$366M |
| Sales/Maturities of Investments | $590M |
| Other Investing Activities | $4.9B |
| NET CASH FROM INVESTING | $4.8B |
| Net Debt Issuance | -$1.0B |
| Common Stock Repurchased | -$513M |
| Common Dividends Paid | -$363M |
| Other Financing Activities | $2.3B |
| NET CASH FROM FINANCING | $461M |
| FREE CASH FLOW | $2.0B |
| Net Change in Cash | $7.3B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $40.1B |
| Short-Term Investments | $19.9B |
| Net Receivables | $41.8B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $101.8B |
| PP&E (Net) | $4.9B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $116.0B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$29.7B |
| TOTAL NON-CURRENT ASSETS | $91.2B |
| TOTAL ASSETS | $193.1B |
| Account Payables | $8.6B |
| Short-Term Debt | $1.6B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $89.2B |
| TOTAL CURRENT LIABILITIES | $99.4B |
| Long-Term Debt | $42.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $27.2B |
| TOTAL NON-CURRENT LIABILITIES | $69.3B |
| TOTAL LIABILITIES | $168.6B |
| Common Stock | $161M |
| Additional Paid-In Capital | $11.9B |
| Retained Earnings | $15.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.9B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $24.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $24.4B |
| TOTAL LIABILITIES & EQUITY | $193.1B |
| Total Debt | $43.6B |
| Net Debt | $3.5B |
