| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $22.6B | $24.0B | $24.0B | -5.8% | -5.8% |
| Op. Income | $8.0B | $9.2B | $3.8B | -12.3% | 111.7% |
| Gross Margin | 102.1% | 102.8% | 71.7% | -0.7pp | 30.4pp |
| Net Margin | 40.8% | 33.5% | 14.7% | 7.3pp | 26.1pp |
| EPS (Diluted) | $1.03 | $0.86 | $0.37 | 19.8% | 178.4% |
| Free Cash Flow | -$9.3B | -$52.3B | -$3.0B | 82.2% | -209.7% |
| Item | Amount |
|---|---|
| REVENUE | $22.6B |
| Cost of Revenue | -$467M |
| GROSS PROFIT | $23.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.8B |
| General & Administrative | $9.6B |
| SG&A Expenses | $11.4B |
| Other Expenses | $3.6B |
| Operating Expenses | $15.0B |
| Cost & Expenses | $14.6B |
| OPERATING INCOME | $8.0B |
| Interest Income | $11.4B |
| Interest Expense | $1.2B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8.0B |
| Income Tax Expense | -$1.2B |
| Net Income from Continuing Ops | $9.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9.0B |
| D&A | $469M |
| EBIT | $8.0B |
| EBITDA | $8.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $22.6B |
| Cost of Revenue | -$467M |
| GROSS PROFIT | $23.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $1.8B |
| General & Administrative | $9.6B |
| SG&A Expenses | $11.4B |
| Other Expenses | $3.6B |
| Operating Expenses | $15.0B |
| Cost & Expenses | $14.6B |
| OPERATING INCOME | $8.0B |
| Interest Income | $11.4B |
| Interest Expense | $1.2B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $8.0B |
| Income Tax Expense | -$1.2B |
| Net Income from Continuing Ops | $9.2B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9.2B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9.0B |
| D&A | $469M |
| EBIT | $8.0B |
| EBITDA | $8.5B |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $9.2B |
| Depreciation & Amortization | $469M |
| Stock-Based Compensation | $610M |
| Deferred Income Tax | -$2.0B |
| Other Non-Cash Items | -$486M |
| Change in Working Capital | -$17.1B |
| OPERATING CASH FLOW | -$9.3B |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$155.6B |
| Sales/Maturities of Investments | $73.1B |
| Other Investing Activities | -$26.1B |
| NET CASH FROM INVESTING | -$108.6B |
| Net Debt Issuance | $19.7B |
| Common Stock Repurchased | -$4.2B |
| Common Dividends Paid | -$1.8B |
| Other Financing Activities | $38.5B |
| NET CASH FROM FINANCING | $51.3B |
| FREE CASH FLOW | -$9.3B |
| Net Change in Cash | -$66.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $267.4B |
| Short-Term Investments | $278.2B |
| Net Receivables | $83.6B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $629.2B |
| PP&E (Net) | $10.7B |
| Goodwill | $69.0B |
| Intangible Assets | $0 |
| Long-Term Investments | $1.6T |
| Tax Assets | $0 |
| Other Non-Current Assets | $719.8B |
| TOTAL NON-CURRENT ASSETS | $2.4T |
| TOTAL ASSETS | $3.0T |
| Account Payables | $0 |
| Short-Term Debt | $235.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.0T |
| TOTAL CURRENT LIABILITIES | $2.4T |
| Long-Term Debt | $274.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $38.9B |
| TOTAL NON-CURRENT LIABILITIES | $313.5B |
| TOTAL LIABILITIES | $2.8T |
| Common Stock | $79.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $177.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $277.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $277.1B |
| TOTAL LIABILITIES & EQUITY | $3.0T |
| Total Debt | $510.0B |
| Net Debt | $242.6B |
