| Metric | Q2 2021 | Q1 2021 | Q2 2020 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $673M | $665M | $611M | 1.3% | 10.3% |
| Op. Income | $291M | $339M | $152M | -14.2% | 91.2% |
| Gross Margin | 96.3% | 105.7% | 80.3% | -9.4pp | 16.0pp |
| Net Margin | 32.4% | 39.5% | 20.9% | -7.1pp | 11.5pp |
| EPS (Diluted) | $2.66 | $3.12 | $1.49 | -14.7% | 78.5% |
| Free Cash Flow | $269M | $173M | $106M | 55.9% | 154.7% |
| Item | Amount |
|---|---|
| REVENUE | $673M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $648M |
| R&D Expenses | $0 |
| Selling & Marketing | $17M |
| General & Administrative | $233M |
| SG&A Expenses | $250M |
| Other Expenses | $108M |
| Operating Expenses | $357M |
| Cost & Expenses | $382M |
| OPERATING INCOME | $291M |
| Interest Income | $530M |
| Interest Expense | $42M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $291M |
| Income Tax Expense | $73M |
| Net Income from Continuing Ops | $218M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $218M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $218M |
| D&A | $15M |
| EBIT | $291M |
| EBITDA | $306M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $673M |
| Cost of Revenue | $25M |
| GROSS PROFIT | $648M |
| R&D Expenses | $0 |
| Selling & Marketing | $17M |
| General & Administrative | $233M |
| SG&A Expenses | $250M |
| Other Expenses | $108M |
| Operating Expenses | $357M |
| Cost & Expenses | $382M |
| OPERATING INCOME | $291M |
| Interest Income | $530M |
| Interest Expense | $42M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $291M |
| Income Tax Expense | $73M |
| Net Income from Continuing Ops | $218M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $218M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $218M |
| D&A | $15M |
| EBIT | $291M |
| EBITDA | $306M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $218M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $56M |
| Other Non-Cash Items | -$232M |
| Change in Working Capital | $227M |
| OPERATING CASH FLOW | $289M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6.9B |
| Sales/Maturities of Investments | $1.1B |
| Other Investing Activities | $94M |
| NET CASH FROM INVESTING | -$5.7B |
| Net Debt Issuance | -$48M |
| Common Stock Repurchased | -$350M |
| Common Dividends Paid | -$34M |
| Other Financing Activities | $5.9B |
| NET CASH FROM FINANCING | $5.5B |
| FREE CASH FLOW | $269M |
| Net Change in Cash | $35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $18.3B |
| Short-Term Investments | $22.2B |
| Net Receivables | $1.7B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $42.5B |
| PP&E (Net) | $625M |
| Goodwill | $671M |
| Intangible Assets | $140M |
| Long-Term Investments | $27.6B |
| Tax Assets | $746M |
| Other Non-Current Assets | $362M |
| TOTAL NON-CURRENT ASSETS | $30.2B |
| TOTAL ASSETS | $72.7B |
| Account Payables | $131M |
| Short-Term Debt | $106M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $64.6B |
| TOTAL CURRENT LIABILITIES | $65.1B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $341M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $66.8B |
| Common Stock | $1M |
| Additional Paid-In Capital | $4.5B |
| Retained Earnings | $2.7B |
| Treasury Stock | -$1.3B |
| Accum. Other Comp. Income | -$96M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.8B |
| TOTAL LIABILITIES & EQUITY | $72.7B |
| Total Debt | $1.4B |
| Net Debt | -$16.9B |
